Entia Ltd 30/11/2025 iXBRL

Company registration number: 09283492

Entia Ltd

Unaudited filleted financial statements

30 November 2025

Entia Ltd

Contents

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Entia Ltd

Statement of financial position

30 November 2025

		30/11/25		31/03/25
	Note	£	£	£	£

Fixed assets
Intangible assets	5	10,623		12,560
Tangible assets	6	374,730		382,972
		_______		_______
			385,353		395,532

Current assets
Stocks		194,391		265,637
Debtors	7	813,236		2,225,377
Cash at bank and in hand		1,425,194		2,309,767
		_______		_______
		2,432,821		4,800,781
Creditors: amounts falling due
within one year	8	( 625,971)		( 761,277)
		_______		_______
Net current assets			1,806,850		4,039,504
			_______		_______
Total assets less current liabilities			2,192,203		4,435,036

			_______		_______
Net assets			2,192,203		4,435,036
			_______		_______

Capital and reserves
Called up share capital			92		92
Share premium account			22,447,021		22,447,022
Profit and loss account			( 20,254,910)		( 18,012,078)
			_______		_______
Shareholders funds			2,192,203		4,435,036
			_______		_______

For the period ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 December 2025 , and are signed on behalf of the board by:

Dr T Basey-Fisher

Director

Company registration number: 09283492

Entia Ltd

Statement of changes in equity

Period ended 30 November 2025

	Called up share capital	Share premium account	Profit and loss account
	£	£	£


At 1 April 2023	92	22,447,022	( 15,699,207)

Loss for the period			( 2,312,871)
	_______	_______	_______
Total comprehensive income for the period	-	-	( 2,312,871)

	_______	_______	_______
At 31 March 2025 and 1 April 2025	92	22,447,021	(18,012,076)

Loss for the period			( 2,242,834)
	_______	_______	_______
Total comprehensive income for the period	-	-	( 2,242,834)

	_______	_______	_______
At 30 November 2025	92	22,447,021	( 20,254,910)
	_______	_______	_______

Entia Ltd

Notes to the financial statements

Period ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 6 Lloyd's Avenue, London, EC3N 3AX.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Patent	-	Estimated useful life of 10 Years.

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Research and development

Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	20%, 50% and 25% Straight Line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 27 (2025: 27 ).

5. Intangible assets

	Other intangible assets	Total
	£	£
Cost
At 1 April 2025 and 30 November 2025	153,261	153,261
	_______	_______
Amortisation
At 1 April 2025	140,701	140,701
Charge for the period	1,937	1,937
	_______	_______
At 30 November 2025	142,638	142,638
	_______	_______
Carrying amount
At 30 November 2025	10,623	10,623
	_______	_______
At 31 March 2025	12,560	12,560
	_______	_______

6. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 April 2025	558,321	558,321
Additions	53,315	53,315
Disposals	( 2,083)	( 2,083)
	_______	_______
At 30 November 2025	609,553	609,553
	_______	_______
Depreciation
At 1 April 2025	175,349	175,349
Charge for the year	61,557	61,557
Disposals	( 2,083)	( 2,083)
	_______	_______
At 30 November 2025	234,823	234,823
	_______	_______
Carrying amount
At 30 November 2025	374,730	374,730
	_______	_______
At 31 March 2025	382,972	382,972
	_______	_______

7. Debtors

	30/11/25	31/03/25
	£	£
Trade debtors	567	2,154
Other debtors	812,669	2,223,223
	_______	_______
	813,236	2,225,377
	_______	_______

8. Creditors: amounts falling due within one year

	30/11/25	31/03/25
	£	£
Bank loans and overdrafts	630	-
Trade creditors	190,563	270,900
Social security and other taxes	94,860	65,388
Other creditors	339,918	424,989
	_______	_______
	625,971	761,277
	_______	_______