IRIS Accounts Production v26.1.10.61 02155954 Board of Directors 1.1.25 31.12.25 31.12.25 28/4/2026 true false true true false false true false Auditors Opinion Growth shares 0.01000 Ordinary shares 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02155954 2024-12-31 02155954 2025-12-31 02155954 2025-01-01 2025-12-31 02155954 2023-12-31 02155954 2024-01-01 2024-12-31 02155954 2024-12-31 02155954 ns15:EnglandWales 2025-01-01 2025-12-31 02155954 ns14:PoundSterling 2025-01-01 2025-12-31 02155954 ns10:Director1 2025-01-01 2025-12-31 02155954 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02155954 ns10:SmallEntities 2025-01-01 2025-12-31 02155954 ns10:Audited 2025-01-01 2025-12-31 02155954 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 02155954 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02155954 ns10:FullAccounts 2025-01-01 2025-12-31 02155954 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 02155954 ns10:OrdinaryShareClass2 2025-01-01 2025-12-31 02155954 ns10:Director2 2025-01-01 2025-12-31 02155954 ns10:Director3 2025-01-01 2025-12-31 02155954 ns10:RegisteredOffice 2025-01-01 2025-12-31 02155954 ns5:CurrentFinancialInstruments 2025-12-31 02155954 ns5:CurrentFinancialInstruments 2024-12-31 02155954 ns5:Non-currentFinancialInstruments 2025-12-31 02155954 ns5:Non-currentFinancialInstruments 2024-12-31 02155954 ns5:ShareCapital 2025-12-31 02155954 ns5:ShareCapital 2024-12-31 02155954 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 02155954 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 02155954 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 02155954 ns5:PlantMachinery 2024-12-31 02155954 ns5:FurnitureFittings 2024-12-31 02155954 ns5:ComputerEquipment 2024-12-31 02155954 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-01-01 2025-12-31 02155954 ns5:PlantMachinery 2025-01-01 2025-12-31 02155954 ns5:FurnitureFittings 2025-01-01 2025-12-31 02155954 ns5:ComputerEquipment 2025-01-01 2025-12-31 02155954 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-12-31 02155954 ns5:PlantMachinery 2025-12-31 02155954 ns5:FurnitureFittings 2025-12-31 02155954 ns5:ComputerEquipment 2025-12-31 02155954 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 02155954 ns5:PlantMachinery 2024-12-31 02155954 ns5:FurnitureFittings 2024-12-31 02155954 ns5:ComputerEquipment 2024-12-31 02155954 ns5:CostValuation ns5:ListedExchangeTraded 2024-12-31 02155954 ns5:ListedExchangeTraded 2025-12-31 02155954 ns5:ListedExchangeTraded 2024-12-31 02155954 ns5:Subsidiary2 2025-01-01 2025-12-31 02155954 ns5:Subsidiary2 3 2025-01-01 2025-12-31 02155954 ns5:Subsidiary3 2025-01-01 2025-12-31 02155954 5 ns5:Subsidiary3 2025-01-01 2025-12-31 02155954 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 02155954 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 02155954 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-12-31 02155954 ns10:OrdinaryShareClass1 2025-12-31 02155954 ns10:OrdinaryShareClass2 2025-12-31

REGISTERED NUMBER: 02155954 (England and Wales)

| Bridgeworks Ltd. |

| Report of the Directors and |

| Financial Statements |

| for the Year Ended 31 December 2025 |

| Bridgeworks Ltd. (Registered number: 02155954) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

| Page |

| Company Information | 1 |

| Report of the Directors | 2 |  | to |  | 3

| Balance Sheet | 4 |

| Notes to the Financial Statements | 5 |  | to |  | 12

| Bridgeworks Ltd. |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | W J Eykyn FCA,FIoD

| D Trossell

| M W Prater BA Hons, FCA

| REGISTERED OFFICE: | Unit 1, Aero Centre

| Ampress Park

| Ampress Lane

| Lymington

| Hampshire

| SO41 8QF

| REGISTERED NUMBER: | 02155954 (England and Wales)

| AUDITORS: | SKS Westlake Clark Audit

| 7 Lynwood Court

| Priestlands Place

| Lymington

| Hampshire

| SO41 9GA

| SOLICITORS: | Willans LLP

| 28 Imperial Square

| Cheltenham

| Gloucester

| GL50 1RH

| Bridgeworks Ltd. (Registered number: 02155954) |

Report of the Directors

for the Year Ended 31 December 2025

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

PRINCIPAL ACTIVITY

Bridgeworks' patented AI technologies demonstrably accelerate the transfer of bulk data over long distance, safely while eliminating many data management challenges with its unique "Zero Data Touch" technology and latency mitigating algorithms. Its customers, who all demand the highest levels of standards of performance, data privacy, protection, and compliance, include global corporates, banks, governments, medical research institutions, cyber security providers and defence organisations.

Bridgeworks continues to grow technically over the year with another close relationship with IBM.

Profitability over the past year has suffered due to a lack of orders expected from several USA resellers and agents and this has culminated in a loss for the year 2025 of £499,474 compared to £253,022 in the year to 31 December 2024.

We have concluded that the cost of creating a sales infrastructure in the USA from the UK was cost prohibitive and this has caused a re-think in our strategy. However, towards the end of 2025,we onboarded a reseller that finally can demonstrate the required skill set and who has the "right" connections into the USA government.

Our reputation in the market also continues to grow. Bridgeworks is increasingly acknowledged as the leader in the field of data acceleration and is endorsed by leading global technology businesses such as IBM, to whom it is a long-term OEM supplier. Bridgeworks invests heavily in its core IP and now possesses multiple Patents for its technology across; UK (15). Europe (26), USA (11), and China (2). This innovation ensures differentiation in the market.

To drive brand awareness and to support our reseller, we continue to invest in sales and marketing in the markets on which we are focused. We have made a reduction in our sales force with a subsequent reduction in expenses. This investment is expected to expand our international customer base and sales pipeline with future sales growth in Europe and more importantly in the USA.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

W J Eykyn FCA,FIoD

D Trossell

M W Prater BA Hons, FCA

| Bridgeworks Ltd. (Registered number: 02155954) |

Report of the Directors

for the Year Ended 31 December 2025

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with

applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair

-select suitable accounting policies and then apply them consistently.

-make judgements and accounting estimates that are reasonable and prudent.

-state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the

company's transactions and disclose with reasonable accuracy at any time the financial position of the company and

enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

AUDITOR

In accordance with the company's articles, a resolution proposing that SKS Westlake Clark Audit be reappointed as auditor of the company will be put at a General Meeting.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

APPROVED BY BOARD AND SIGNED ON ITS BEHALF BY:

D Trossell - Director

28 April 2026

| Bridgeworks Ltd. (Registered number: 02155954) |

Balance Sheet

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

Fixed assets

Tangible assets | 6 | 57,078 |  | 66,565 |  |

Investments | 7 | 151 |  | 151 |  |

57,229 |  | 66,716 |  |

Current assets

Stocks | 8 | 83,454 |  | 116,289 |  |

Debtors | 9 | 93,518 |  | 116,754 |  |

Cash at bank | 122,338 |  | 683,140 |  |

299,310 |  | 916,183 |  |

Creditors

Amounts falling due within one year | 10 | (311,531 | ) | (408,417 | ) |

Net current (liabilities)/assets | (12,221 | ) | 507,766 |  |

Total assets less current liabilities | 45,008 |  | 574,482 |  |

Creditors

Amounts falling due after more than one year | 11 | (479,500 | ) | (509,500 | ) |

Net (liabilities)/assets | (434,492 | ) | 64,982 |  |

Capital and reserves

Share capital | 13 | 3,433,243 |  | 3,433,243 |  |

Retained earnings | (3,867,735 | ) | (3,368,261 | ) |

Shareholders' funds | (434,492 | ) | 64,982 |  |

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2026 and were signed on its behalf by:

D Trossell - Director

| Bridgeworks Ltd. (Registered number: 02155954) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | GENERAL INFORMATION

| The company is a private company limited by share capital, incorporated in England and Wales.

| The address of its registered office is:

| Unit 1, Aero Centre

| Ampress Park

| Lymington

| Hampshire

| SO41 8LW

2. | STATEMENT OF COMPLIANCE

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

3. | ACCOUNTING POLICIES

| BASIS OF PREPARATION

| These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

| The company's functional and presentational currency is pound sterling and rounded to the nearest £.

| GROUP ACCOUNTS

| The company is part of a small group. The company has taken advantage of the exemption provided by Section 399 of the Companies Act 2006 and has not prepared consolidated accounts. On the basis that the group of which this is a parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES

| The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

| Bridgeworks Ltd. (Registered number: 02155954) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| GOING CONCERN

| The financial statements have been prepared on a going concern basis, as the directors have assessed the Company’s financial position, cash flows, and foreseeable risks. They have concluded that there are no material uncertainties that would affect its ability to continue operating. Furthermore, the directors have confirmed their willingness to provide financial and operational support as required. Based on these factors, the Company is expected to meet its obligations as they fall due, and the going concern basis remains appropriate.

| RECLASSIFICATION OF COMPARATIVE AMOUNTS

| The comparative figures for debtors due in more than one year and less than one year have been reclassified to align with the presentation adopted in the current period. This reclassification has been made to enhance comparability and provide more relevant financial information. The changes in classification have no impact on the total assets, net assets, or profit for the comparative period.

| REVENUE RECOGNITION

| Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax,returns, rebates and discounts and after eliminating sales within the company.

| The company recognises revenue when:

| the amount of revenue can be reliably measured;

| it is probable that future economic benefits will flow to the entity;

| and specific criteria have been met for each of the company's activities.

| TANGIBLE ASSETS

| Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

| The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

| DEPRECIATION

| Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

| Asset class |  | Depreciation method and rate |  |

| Short leasehold land and buildings |  | 10% straight line basis |  |

| Plant and machinery |  | 33% straight line basis |  |

| Fixtures and fittings |  | 10% straight line basis |  |

| Office equipment |  | 33% straight line basis |  |

| FOREIGN CURRENCY TRANSACTIONS AND BALANCES

| Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

| TAXATION

| The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

| The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

| Bridgeworks Ltd. (Registered number: 02155954) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| RESEARCH AND DEVELOPMENT

| Research and development expenditure is written off to the profit and loss account in the year in which it is incurred.

| INVESTMENTS

| Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

| Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

| CASH AND CASH EQUIVALENTS

| Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

| TRADE DEBTORS

| Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

| Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

| STOCKS

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

| The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition.At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

| TRADE CREDITORS

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

| Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

| LEASES

| Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

| Bridgeworks Ltd. (Registered number: 02155954) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| SHARE CAPITAL

| Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

| FINANCIAL INSTRUMENTS

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset , with the net amounts presented in the financial statements ,when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| BASIC FINANCIAL ASSETS

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| CLASSIFICATION OF FINANCIAL LIABILITIES

| Financial liabilities and equity instruments are classified according to the substance of the contractual

| arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| BASIC FINANCIAL LIABILITIES

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method

| DEFINED CONTRIBUTION PENSION OBLIGATION

| A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

| Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

| Bridgeworks Ltd. (Registered number: 02155954) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| SHARE BASED PAYMENTS

| The company issues equity-settled share-based payments to certain employees (including directors). The signed agreements for these share options state that they may not be exercised before the occurrence of a takeover, sale or admission. The share based payments have not been recognised or disclosed in the financial statements in line with FRS 102 guidance which states that where awards vest only on an exit event and the event is not deemed probable then no expense is recognised.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 17 (2024 - 19 ) .

5. | AUDITORS' REMUNERATION

| 2025 |  | 2024

£ | £ |

| Fees payable to the company's auditors for the audit of the company's financial statements | 5,240 |  | 5,000 |  |

| All other non-audit services | 1,760 |  | 1,760 |  |

6. | TANGIBLE FIXED ASSETS

| Short |

| leasehold |  | Fixtures |

| land and |  | Plant and |  | and |  | Office |

| buildings |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2025 | 64,174 |  | 131,016 |  | 11,286 |  | 34,959 |  | 241,435 |  |

| Additions | 17,117 |  | - |  | 819 |  | 17,666 |  | 35,602 |  |

| At 31 December 2025 | 81,291 |  | 131,016 |  | 12,105 |  | 52,625 |  | 277,037 |  |

| DEPRECIATION

| At 1 January 2025 | 51,176 |  | 91,864 |  | 8,065 |  | 23,765 |  | 174,870 |  |

| Charge for year | 7,211 |  | 27,621 |  | 560 |  | 9,697 |  | 45,089 |  |

| At 31 December 2025 | 58,387 |  | 119,485 |  | 8,625 |  | 33,462 |  | 219,959 |  |

| NET BOOK VALUE

| At 31 December 2025 | 22,904 |  | 11,531 |  | 3,480 |  | 19,163 |  | 57,078 |  |

| At 31 December 2024 | 12,998 |  | 39,152 |  | 3,221 |  | 11,194 |  | 66,565 |  |

| The company' bankers hold a debenture including a fixed charge over the leasehold property and a fixed charge over book and other debts.

| Bridgeworks Ltd. (Registered number: 02155954) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

7. | INVESTMENTS

| Investments

| in

| subsidiaries

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 151 |  |

| NET BOOK VALUE

| At 31 December 2025 | 151 |  |

| At 31 December 2024 | 151 |  |

| The company's investments at the Balance Sheet date in the share capital of companies include the following:

| Digital Interfaces Limited

| Registered office: England

| Nature of business: Dormant

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Bridgeworks Inc.

| Registered office: 1801 13th St Ste 300 Boulder, CO 80302 USA

| Nature of business: Software licencing and development

| %

| Class of shares: | holding |

| Common | 100.00 |

8. | STOCKS

2025 | 2024 |

£ | £ |

| Raw materials and consumables | 83,454 |  | 116,289 |  |

9. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 788 |  | 4,987 |  |

| Other debtors | 31,173 |  | 56,693 |  |

| Prepayments and accrued income | 51,557 |  | 45,074 |  |

83,518 |  | 106,754 |  |

| Bridgeworks Ltd. (Registered number: 02155954) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

9. | DEBTORS - continued

2025 | 2024 |

£ | £ |

| Amounts falling due after more than one year:

| Other debtors | 10,000 |  | 10,000 |  |

| Aggregate amounts | 93,518 |  | 116,754 |  |

10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Directors current accounts (see note 12) | 158,000 |  | 158,000 |  |

| Trade creditors | 25,394 |  | 57,795 |  |

| Amounts owed to group undertakings | 1,018 |  | 1,018 |  |

| Taxation and social security | 32,632 |  | 15,908 |  |

| Other creditors | 3,831 |  | 4,204 |  |

| HSBC company credit card | (32 | ) | - |  |

| Accruals and deferred income | 90,688 |  | 171,492 |  |

311,531 |  | 408,417 |  |

11. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Directors current accounts (see note 12) | 479,500 |  | 509,500 |  |

12. | LOANS AND BORROWINGS

| An analysis of the maturity of loans and borrowings is given below:

2025 | 2024 |

£ | £ |

| Amounts falling due within one year or on demand:

| Directors current accounts | 158,000 |  | 158,000 |  |

| Amounts falling due between one and two years:

| Directors current accounts | 479,500 |  | 509,500 |  |

| Bridgeworks Ltd. (Registered number: 02155954) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

13. | SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 139,570 | Growth shares | £0.01 | 1,396 |  | 1,396 |  |

| 3,431,847 | Ordinary shares | £1 | 3,431,847 |  | 3,431,847 |  |

3,433,243 |  | 3,433,243 |  |

14. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Auditors' Report was unqualified.

| Moganarden Chelvanaigum FCCA (Senior Statutory Auditor)

| for and on behalf of SKS Westlake Clark Audit

15. | FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENCIES

| Amounts not provided for in the balance sheet

| The total amount of financial commitments not included in the balance sheet is £381,250 (2024 - £57,500). These amounts consist of operating lease commitments.

|  | 2025 |  | 2024 |  |

| £ |  | £ |  |

| Building Lease |  |

| Less than 1 yr |  | 76,250 |  | 57,500 |  |

| Between 1 and 5 yrs |  | 305,000 |  | - |  |

| More than 5 yrs |  | - |  | - |  |

|  | 381,250 |  | 57,500 |

16. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| Other transactions with directors

| During the year the directors of Bridgeworks Limited were repaid £30,000 of their loans. At the balance sheet date the amount due to the directors was £637,500 (2024: £667,500). All directors' loan accounts are repayable upon demand or have a 53 week term and no interest is charged.

17. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is W J Eykyn by virtue of his shareholding in the company.