Registration number: 12993393

Theia Guidance Systems Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Theia Guidance Systems Limited

Company Information

Director

A D Camu

Registered office

Victoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG

Accountants

Vale & West Accountancy Services Limited Chartered AccountantsVictoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG

Theia Guidance Systems Limited

(Registration number: 12993393)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	53,812	49,439
Tangible assets	5	3,524	3,607
		57,336	53,046
Current assets
Debtors	6	806	5,668
Cash at bank and in hand		343	31,002
		1,149	36,670
Creditors: Amounts falling due within one year	7	(28,472)	(19,954)
Net current (liabilities)/assets		(27,323)	16,716
Net assets		30,013	69,762
Capital and reserves
Called up share capital		1	1
Share premium reserve		417,371	412,761
Retained earnings		(387,359)	(343,000)
Shareholders' funds		30,013	69,762

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 8 September 2026
 

......................................... A D Camu Director

Theia Guidance Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Victoria House
26 Queen Victoria Street
Reading
Berkshire
RG1 1TG

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are presented in Pound Sterling (£), which is also the financial currency of the company.

Tax

The tax expense for the period comprises current tax and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and Fittings	25% Straight Line

Theia Guidance Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

2	Accounting policies (continued)

Plant and Machinery	25% Straight Line
Computer Equipment	25% Straight Line

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Theia Guidance Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 5).

4	Intangible assets

	Trademarks, patents and licenses  £	Total £
Cost or valuation
At 1 December 2024	49,439	49,439
Additions acquired separately	4,373	4,373
At 30 November 2025	53,812	53,812
Amortisation
Carrying amount
At 30 November 2025	53,812	53,812
At 30 November 2024	49,439	49,439

5	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 December 2024	4,761	102	3,817	8,680
Additions	-	-	370	370
At 30 November 2025	4,761	102	4,187	9,050
Depreciation
At 1 December 2024	1,198	101	3,774	5,073
Charge for the year	342	1	110	453
At 30 November 2025	1,540	102	3,884	5,526
Carrying amount
At 30 November 2025	3,221	-	303	3,524
At 30 November 2024	3,563	1	43	3,607

Theia Guidance Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

6

Debtors

Current	2025 £	2024 £
Prepayments	-	1,510
Other debtors	806	4,158
	806	5,668

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	585	3,076
Taxation and social security	-	1,782
Other creditors	27,887	15,096
	28,472	19,954