Caseware UK (AP4) 2025.0.111 2025.0.111 2026-06-30 2026-06-30 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true false true 2025-07-01 false Manufacture of chemical products 8 10 14150518 2025-07-01 2026-06-30 14150518 2024-07-01 2025-06-30 14150518 2026-06-30 14150518 2025-06-30 14150518 2024-07-01 14150518 c:Director1 2025-07-01 2026-06-30 14150518 d:Buildings d:LongLeaseholdAssets 2025-07-01 2026-06-30 14150518 d:Buildings d:LongLeaseholdAssets 2026-06-30 14150518 d:Buildings d:LongLeaseholdAssets 2025-06-30 14150518 d:PlantMachinery 2025-07-01 2026-06-30 14150518 d:PlantMachinery 2026-06-30 14150518 d:PlantMachinery 2025-06-30 14150518 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-07-01 2026-06-30 14150518 d:OfficeEquipment 2025-07-01 2026-06-30 14150518 d:OfficeEquipment 2026-06-30 14150518 d:OfficeEquipment 2025-06-30 14150518 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-07-01 2026-06-30 14150518 d:ComputerEquipment 2025-07-01 2026-06-30 14150518 d:ComputerEquipment 2026-06-30 14150518 d:ComputerEquipment 2025-06-30 14150518 d:ComputerEquipment d:OwnedOrFreeholdAssets 2025-07-01 2026-06-30 14150518 d:OwnedOrFreeholdAssets 2025-07-01 2026-06-30 14150518 d:CurrentFinancialInstruments 2026-06-30 14150518 d:CurrentFinancialInstruments 2025-06-30 14150518 d:CurrentFinancialInstruments d:WithinOneYear 2026-06-30 14150518 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 14150518 d:ShareCapital 2025-07-01 2026-06-30 14150518 d:ShareCapital 2026-06-30 14150518 d:ShareCapital 2025-06-30 14150518 d:ShareCapital 2024-07-01 14150518 d:SharePremium 2025-07-01 2026-06-30 14150518 d:SharePremium 2026-06-30 14150518 d:SharePremium 2025-06-30 14150518 d:SharePremium 2024-07-01 14150518 d:RetainedEarningsAccumulatedLosses 2025-07-01 2026-06-30 14150518 d:RetainedEarningsAccumulatedLosses 2026-06-30 14150518 d:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30 14150518 d:RetainedEarningsAccumulatedLosses 2025-06-30 14150518 d:RetainedEarningsAccumulatedLosses 2024-07-01 14150518 c:OrdinaryShareClass1 2025-07-01 2026-06-30 14150518 c:OrdinaryShareClass1 2026-06-30 14150518 c:OrdinaryShareClass1 2025-06-30 14150518 c:OrdinaryShareClass2 2025-07-01 2026-06-30 14150518 c:OrdinaryShareClass2 2026-06-30 14150518 c:OrdinaryShareClass3 2025-07-01 2026-06-30 14150518 c:OrdinaryShareClass3 2026-06-30 14150518 c:OrdinaryShareClass3 2025-06-30 14150518 c:OrdinaryShareClass4 2025-07-01 2026-06-30 14150518 c:OrdinaryShareClass4 2026-06-30 14150518 c:FRS102 2025-07-01 2026-06-30 14150518 c:AuditExempt-NoAccountantsReport 2025-07-01 2026-06-30 14150518 c:FullAccounts 2025-07-01 2026-06-30 14150518 c:PrivateLimitedCompanyLtd 2025-07-01 2026-06-30 14150518 d:WithinOneYear 2026-06-30 14150518 d:WithinOneYear 2025-06-30 14150518 d:BetweenOneFiveYears 2026-06-30 14150518 d:BetweenOneFiveYears 2025-06-30 14150518 2 2025-07-01 2026-06-30 14150518 e:PoundSterling 2025-07-01 2026-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14150518 WE ARE NIUM LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 JUNE 2026
WE ARE NIUM LTD REGISTERED NUMBER: 14150518 BALANCE SHEET AS AT 30 JUNE 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
FIXED ASSETS |  |  |  |  |
Tangible assets | 4 |  | 424,011 |  | 518,902
|  |  | 424,011 |  | 518,902
CURRENT ASSETS |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 212,121 |  | 411,109 |
Cash at bank and in hand |  | 12,236 |  | 48,318 |
|  | 224,357 |  | 459,427 |
Creditors: amounts falling due within one year | 6 | (457,633) |  | (221,706) |
NET CURRENT (LIABILITIES)/ASSETS |  |  | (233,276) |  | 237,721
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 190,735 |  | 756,623
NET ASSETS |  |  | 190,735 |  | 756,623
CAPITAL AND RESERVES |  |  |  |  |
Called up share capital | 7 |  | 6,454 |  | 19
Share premium account | 8 |  | 3,677,088 |  | 3,294,411
Profit and loss account | 8 |  | (3,492,807) |  | (2,537,807)
|  |  | 190,735 |  | 756,623
Page 1
WE ARE NIUM LTD REGISTERED NUMBER: 14150518 BALANCE SHEET (CONTINUED) AS AT 30 JUNE 2026 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
P Hunter
Director
Date: 6 August 2026
The notes on pages 4 to 9 form part of these financial statements. Page 2
WE ARE NIUM LTD STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2026
| Called up share capital | Share premium account | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 July 2024 | 19 | 3,294,411 | (1,643,067) | 1,651,363
Loss for the year | - | - | (894,740) | (894,740)
At 1 July 2025 | 19 | 3,294,411 | (2,537,807) | 756,623
Loss for the year | - | - | (955,000) | (955,000)
Shares issued during the year | 6,435 | 382,677 | - | 389,112
AT 30 JUNE 2026 | 6,454 | 3,677,088 | (3,492,807) | 190,735
| The notes on pages 4 to 9 form part of these financial statements.
Page 3
WE ARE NIUM LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2026
1. | GENERAL INFORMATION
The Company is limited by shares and incorporated in England and Wales. The address of the registered office and the principal trading address is 126a Olympic Avenue, Milton, Abingdon, England, OX14 4SA. The financial statements are presented in sterling which is the functional currency of the Company. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 2.ACCOUNTING POLICIES
| 2.1 | BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
| 2.2 | GOING CONCERN
The financial statements have ben prepared on the going concern basis which assumes that the Company will continue as a going concern for the foreseeable future. The trading losses reported are consistent with the Company's business plan. Given the investment received, together with the development progress achieved, the directors have a reasonable expectation that the Company will be able to meet its liabilities as the fall due for the forseseeable future and therefore continue to adopt the going concern basis.
| 2.3 | FOREIGN CURRENCY TRANSLATION
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 4
WE ARE NIUM LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2026 2.ACCOUNTING POLICIES (CONTINUED)
| 2.4 | TURNOVER
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Sale of goods Turnover from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 2.5 | OPERATING LEASES: THE COMPANY AS LESSEE
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.6 | INTEREST INCOME
Interest income is recognised in profit or loss using the effective interest method.
| 2.7 | FINANCE COSTS
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.8 | PENSIONS
DEFINED CONTRIBUTION PENSION PLAN The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds. Page 5
WE ARE NIUM LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2026 2.ACCOUNTING POLICIES (CONTINUED)
| 2.9 | TAXATION
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.10 | TANGIBLE FIXED ASSETS
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Leasehold property | - | 10% |
|  |  |  | Plant and machinery | - | 20% |
|  |  |  | Office equipment | - | 20% |
|  |  |  | Computer equipment | - | 33% |
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.11 | DEBTORS
Short-term debtors are measured at transaction price, less any impairment. Page 6
WE ARE NIUM LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2026 2.ACCOUNTING POLICIES (CONTINUED)
| 2.12 | CASH AND CASH EQUIVALENTS
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.13 | CREDITORS
Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | EMPLOYEES
| The average monthly number of employees, including directors, during the year was 8 (2025 - 10).
4. | TANGIBLE FIXED ASSETS
|  | Long-term leasehold property | Plant and machinery | Office equipment | Computer equipment | Total
|  | £ | £ | £ | £ | £
| COST OR VALUATION |  |  |  |  |
| At 1 July 2025 | 402,305 | 237,794 | 6,266 | 18,641 | 665,006
| Disposals | - | - | - | (2,772) | (2,772)
| At 30 June 2026 | 402,305 | 237,794 | 6,266 | 15,869 | 662,234
| DEPRECIATION |  |  |  |  |
| At 1 July 2025 | 64,463 | 70,133 | 1,849 | 9,659 | 146,104
| Charge for the year on owned assets | 40,231 | 47,559 | 1,253 | 5,805 | 94,848
| Disposals | - | - | - | (2,729) | (2,729)
| At 30 June 2026 | 104,694 | 117,692 | 3,102 | 12,735 | 238,223
| NET BOOK VALUE |  |  |  |  |
| At 30 June 2026 | 297,611 | 120,102 | 3,164 | 3,134 | 424,011
| At 30 June 2025 | 337,842 | 167,661 | 4,417 | 8,982 | 518,902
Page 7
WE ARE NIUM LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2026
5. | DEBTORS
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | 2,874 | -
| Other debtors | 151,293 | 254,699
| Called up share capital not paid | 232 | -
| Prepayments and accrued income | 57,722 | 156,410
|  | 212,121 | 411,109
| The unpaid share capital of £232 has been repaid since the year end.
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank overdrafts | 8,458 | -
| Trade creditors | 274,706 | 155,054
| Other taxation and social security | 49,746 | 59,369
| Other creditors | 3,814 | 4,763
| Accruals and deferred income | 120,909 | 2,520
|  | 457,633 | 221,706
| Other creditors include contributions of £3,650 (2025 - £4,763) paybale to the Company's definded contribution pension scheme at the balance sheet date.
Page 8
WE ARE NIUM LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2026
7. | SHARE CAPITAL
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
|  | ALLOTTED, CALLED UP AND FULLY PAID |  |
|  | 53,930,745 (2025 - 1,251,647) Ordinary shares of £0.00001 each | 539 | 13
|  | 220,839 (2025 - Nil) B shares of £0.00001 each | 2 | -
|  | 590,963,344 (2025 - 588,881) Series seed shares of £0.00001 each | 5,910 | 6
|  | 280,000 (2025 - Nil) Deferred shares of £0.00001 each | 3 | -
|  |  | 6,454 | 19
During the year the following shares were issued: On 4 June 2026 29,660,574 Ordinary £0.00001 shares were issued at £0.000847 per share. On 4 June 2026 590,595,302 Series seed £0.00001 shares were issued at £0.000847 per share. On 4 June 2026 23,298,534 Ordinary £0.00001 shares were issued at par. On 4 June 2026 220,839 Series seed £0.00001 shares were redesignated to 220,839 B £0.00001 shares. On 4 June 2026 280,000 Ordinary £0.00001 shares were redesignated to 280,000 Deferred £0.00001 shares.
8. | RESERVES
Share premium account Includes any premiums recevied on issue of share capital. Any transaction costs associated with issuing of shares are deducted from share premium. Profit and loss account Includes all current and prior year retained profits and losses.
9. | COMMITMENTS UNDER OPERATING LEASES
| At 30 June 2026 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Not later than 1 year | 50,588 | 50,588
| Later than 1 year and not later than 5 years | 404,702 | 607,053
|  | 455,290 | 657,641
Page 9