REGISTERED NUMBER: 13822595 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Noexcusess Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr M Adnan

V R Angelov

REGISTERED OFFICE:

Western Road

Portsmouth

Hampshire

PO6 3EN

REGISTERED NUMBER:

13822595 (England and Wales)

FIXED ASSETS

Intangible assets

4

170

170

Tangible assets

5

19,926

16,111

20,096

16,281

CURRENT ASSETS

Debtors

6

23,054

23,199

Cash at bank

7,847

3,842

30,901

27,041

CREDITORS

Amounts falling due within one year

7

41,411

42,586

NET CURRENT LIABILITIES

(10,510

)

(15,545

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,586

736

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9,486

636

9,586

736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 August 2026 and were signed on its behalf by:

V R Angelov - Director

1.	STATUTORY INFORMATION

Noexcusess Ltd 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.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Short leasehold

-

20% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

170

NET BOOK VALUE

At 31 December 2025

170

At 31 December 2024

170

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

7,513

7,861

3,803

656

19,833

Additions

-

15,100

2,582

547

18,229

Disposals

(3,796

)

(7,861

)

(2,159

)

(656

)

(14,472

)

At 31 December 2025

3,717

15,100

4,226

547

23,590

DEPRECIATION

At 1 January 2025

1,367

1,530

653

172

3,722

Charge for year

780

1,290

518

46

2,634

Eliminated on disposal

(772

)

(1,530

)

(218

)

(172

)

(2,692

)

At 31 December 2025

1,375

1,290

953

46

3,664

NET BOOK VALUE

At 31 December 2025

2,342

13,810

3,273

501

19,926

At 31 December 2024

6,146

6,331

3,150

484

16,111

6.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Other debtors

8,654

8,799

Amounts falling due after more than one year:

Other debtors

14,400

14,400

Aggregate amounts

23,054

23,199

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Taxation and social security

1,610

1,048

Other creditors

39,801

41,538

41,411

42,586