ID Ward Ltd

Registered number: 10620051

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,536		3,114

			2,536		3,114
CURRENT ASSETS
Debtors	5	87,457		42,937
Cash at bank and in hand		228,027		355,181

		315,484		398,118
Creditors: Amounts Falling Due Within One Year	6	(43,675 )		(30,572 )

NET CURRENT ASSETS (LIABILITIES)			271,809		367,546

TOTAL ASSETS LESS CURRENT LIABILITIES			274,345		370,660

Creditors: Amounts Falling Due After More Than One Year	7		(850,000 )		(850,000 )

NET LIABILITIES			(575,655 )		(479,340 )

CAPITAL AND RESERVES
Called up share capital	8		161		161
Share premium account			2,561,521		1,711,521
Profit and Loss Account			(3,137,337 )		(2,191,022 )

SHAREHOLDERS' FUNDS			(575,655)		(479,340)

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ID Ward Ltd

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

Dr Mattia Fosci

Director

1st June 2026

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

ID Ward Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10620051 . The registered office is 7 Bell Yard,, London, England, WC2A 2JR.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33.3% SLM

2.5. 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: 5 (2024: 5)

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ID Ward Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2025	18,525
Additions	2,104

As at 31 December 2025	20,629

Depreciation
As at 1 January 2025	15,411
Provided during the period	2,682

As at 31 December 2025	18,093

Net Book Value
As at 31 December 2025	2,536

As at 1 January 2025	3,114

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	34,263	12,156
Prepayments and accrued income	10,305	10,611
Other debtors	34,720	9,719
VAT	8,169	10,451

	87,457	42,937

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	22,538	7,981
Other taxes and social security	12,517	11,421
Other creditors	508	3,008
Pension liability	572	572
Directors' loan accounts	7,540	7,590

	43,675	30,572

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ID Ward Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	850,000	850,000

The loan relates to convertible loan stock. The loan is unsecured and interest-free.

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	161	161

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