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Registered number: 13473900
Antelope Technologies Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Whitefield Tax Limited
Chartered Certified Accountants and Registered Auditor
Arnold House
2 New Road
Brading
Isle of Wight
PO36 0DT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13473900
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 76,322 93,003
Investments 5 299,056 100,000
375,378 193,003
CURRENT ASSETS
Debtors 6 17,273 7,057
Cash at bank and in hand 1,332,898 1,108,073
1,350,171 1,115,130
Creditors: Amounts Falling Due Within One Year 7 (879,196 ) (883,509 )
NET CURRENT ASSETS (LIABILITIES) 470,975 231,621
TOTAL ASSETS LESS CURRENT LIABILITIES 846,353 424,624
NET ASSETS 846,353 424,624
CAPITAL AND RESERVES
Called up share capital 8 101 101
Profit and Loss Account 846,252 424,523
SHAREHOLDERS' FUNDS 846,353 424,624
Page 1
Page 2
For the year ending 31 March 2026 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
Mr Nigel Antell
Director
10 August 2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Antelope Technologies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13473900 . The registered office is Arnold House 2 New Road, Brading, Sandown, PO36 0DT.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. Tangible Fixed Assets and Depreciation
25% Reducing balaneTangible 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:
Motor Vehicles 25% Reducing balance
Computer Equipment 25% Reducing balance
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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 128,713 36,625 165,338
Additions - 8,760 8,760
As at 31 March 2026 128,713 45,385 174,098
Depreciation
As at 1 April 2025 56,312 16,023 72,335
Provided during the period 18,100 7,341 25,441
As at 31 March 2026 74,412 23,364 97,776
Net Book Value
As at 31 March 2026 54,301 22,021 76,322
As at 1 April 2025 72,401 20,602 93,003
5. Investments
Listed
£
Cost or Valuation
As at 1 April 2025 100,000
Additions 200,000
Revaluations (944 )
As at 31 March 2026 299,056
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 299,056
As at 1 April 2025 100,000
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 8,996 5,930
Amounts owed by participating interests 1,026 1,026
Other debtors 7,251 101
17,273 7,057
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7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 237,823 189,809
Other creditors 310,826 344,297
Taxation and social security 330,547 349,403
879,196 883,509
8. Share Capital
2026 2025
£ £
Called Up Share Capital not Paid 101 101
Amount of Allotted, Called Up Share Capital 101 101
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