Coronado Research Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 15780328

		31 December 2025		31 December 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		47,432		24,911

			47,432		24,911
CURRENT ASSETS
Debtors	5	456,280		129,769
Cash at bank and in hand		1,142,927		3,819,460

		1,599,207		3,949,229
Creditors: Amounts Falling Due Within One Year	6	(317,651 )		(152,395 )

NET CURRENT ASSETS (LIABILITIES)			1,281,556		3,796,834

TOTAL ASSETS LESS CURRENT LIABILITIES			1,328,988		3,821,745

NET ASSETS			1,328,988		3,821,745

CAPITAL AND RESERVES
Called up share capital	7		4,700		4,700
Share premium account			4,695,300		4,695,300
Profit and Loss Account			(3,371,012 )		(878,255 )

SHAREHOLDERS' FUNDS			1,328,988		3,821,745

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Coronado Research Ltd

Balance Sheet (continued)

As At 31 December 2025

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Andrew Macgarvey

Director

5 August 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Coronado Research Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15780328 . The registered office is 1st Floor One Suffolk Way , Sevenoaks, Kent , TN13 1YL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Software Implementation. It is amortised to the profit and loss account over its estimated economic life of 10 years using the Straight Line Method.

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2024: 5)

4. Intangible Assets

	Software Implementation
	£
Cost
As at 1 January 2025	27,679
Additions	28,099

As at 31 December 2025	55,778

...CONTINUED

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Coronado Research Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Amortisation
As at 1 January 2025	2,768
Provided during the period	5,578

As at 31 December 2025	8,346

Net Book Value
As at 31 December 2025	47,432

As at 1 January 2025	24,911

5. Debtors

	31 December 2025	31 December 2024
	£	£
Due within one year
Trade debtors	377,265	20,739
Other debtors	79,015	109,030

	456,280	129,769

6. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 December 2024
	£	£
Trade creditors	35,429	76,628
Other creditors	188,476	75,767
Taxation and social security	93,746	-

	317,651	152,395

7. Share Capital

	31 December 2025	31 December 2024
Allotted, called up and fully paid	£	£
4,699,985 Ordinary Share of £ 0.001 each	4,700	4,700

8. Pension Commitments

The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £20,209 (PY: £6,746) were due to the fund. They are included in Other Creditors.

9. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

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Coronado Research Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

10. Audit Information

The auditor's report on the accounts of Coronado Research Ltd for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Philip Evans BSc FCA (Senior Statutory Auditor) for and on behalf of PJE Chartered Accountants , Statutory Auditor.

PJE Chartered Accountants

2 Oakfield Road

Clifton

Bristol

BS8 2AL

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