REGISTERED NUMBER: 15752547 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

FOR

ABOLIGO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B K Carpenter

N J Hutchings

N Gee

K M Ryan

REGISTERED OFFICE:

Moneta, Building 280, Room 2031

Babraham

CAMBRIDGE

Cambridgeshire

CB22 3AT

REGISTERED NUMBER:

15752547 (England and Wales)

ACCOUNTANTS:

Staffords

Chartered Accountants

Unit 1, Cambridge House

Camboro Business Park

Oakington Road, Girton

CAMBRIDGE

Cambridgeshire

CB3 0QH

FIXED ASSETS

Tangible assets

4

13,334

1,411

CURRENT ASSETS

Debtors

5

65,666

41,936

Cash at bank

1,240,533

39,757

1,306,199

81,693

CREDITORS

Amounts falling due within one year

6

15,652

13,703

NET CURRENT ASSETS

1,290,547

67,990

TOTAL ASSETS LESS CURRENT LIABILITIES

1,303,881

69,401

CAPITAL AND RESERVES

Called up share capital

8

2,760

1,800

Share premium

1,579,808

149,250

Retained earnings

(278,687

)

(81,649

)

SHAREHOLDERS' FUNDS

1,303,881

69,401

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 July 2026 and were signed on its behalf by:

B K Carpenter - Director

1.	STATUTORY INFORMATION

AbOliGo Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in the year in which it is incurred. Where possible, this expenditure where possible will be surrendered to HMRC In return for a tax credit at the prevailing rates. For these accounts, the expected cash reimbursement to the company after the year end is expected to be £45,161 (2025: £19,533).

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 June 2025

1,688

-

1,688

Additions

14,023

1,393

15,416

At 31 May 2026

15,711

1,393

17,104

DEPRECIATION

At 1 June 2025

277

-

277

Charge for year

3,182

311

3,493

At 31 May 2026

3,459

311

3,770

NET BOOK VALUE

At 31 May 2026

12,252

1,082

13,334

At 31 May 2025

1,411

-

1,411

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

65,666

41,936

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

13,120

13,703

Other creditors

2,532

-

15,652

13,703

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

3,100

-

The company leases premises for £3,100 per month. The lease is cancellable with a notice period of one month.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2,760

Ordinary

£1

2,760

1,800

960 Ordinary shares of £1 were issued during the year for cash of £ 1,440,000 .

The company also operates option schemes as follows:

During the year an EMI option scheme was created and options over 30 B Ordinary shares were granted, with an exercise price of £347 per share.

During the year an unapproved option scheme was created and options over 27 B Ordinary shares were granted, with an exercise price of £1 per share.

9.	RELATED PARTY DISCLOSURES

There were no material related party transactions which were not concluded under normal market conditions.