Contents of the Financial Statements

for the Period Ended 31 March 2026

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 March 2026

The directors present their report with the financial statements of the company for the period ended 31 March 2026

Directors

The directors shown below have held office during the whole of the period from
1 April 2025 to 31 March 2026

Robin Palmer
Martin Hoszowski
Abid Khan
John McGaw

The director shown below has held office during the period of
1 April 2025 to 28 February 2026

Alan Judd FCA

The director shown below has held office during the period of
23 September 2025 to 31 March 2026

Rupert Gather

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 May 2026

And signed on behalf of the board by:
Name: Robin Palmer
Status: Secretary

Profit And Loss Account

for the Period Ended 31 March 2026

	2026	2025
	£	£
Turnover:	110	2,783
Cost of sales:	( 19,295 )	( 16,191 )
Gross profit(or loss):	(19,185)	(13,408)
Administrative expenses:	( 169,241 )	( 101,932 )
Operating profit(or loss):	(188,426)	(115,340)
Interest receivable and similar income:	1,628	8,133
Profit(or loss) before tax:	(186,798)	(107,207)
Profit(or loss) for the financial year:	(186,798)	(107,207)

Balance sheet

As at 31 March 2026

	Notes	2026	2025
		£	£
Fixed assets
Intangible assets:	3	441,674	438,450
Tangible assets:	4	333	666
Total fixed assets:		442,007	439,116
Current assets
Debtors:	5	937	8,663
Cash at bank and in hand:		99,969	273,706
Total current assets:		100,906	282,369
Creditors: amounts falling due within one year:	6	( 8,386 )	( 8,160 )
Net current assets (liabilities):		92,520	274,209
Total assets less current liabilities:		534,527	713,325
Total net assets (liabilities):		534,527	713,325
Capital and reserves
Called up share capital:		38,094	37,894
Share premium account:		923,306	915,506
Profit and loss account:		(426,873 )	(240,075 )
Total Shareholders' funds:		534,527	713,325

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2026 the company was entitled to exemption 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2026

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Computers - Straight line over 3 years The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

  Intangible fixed assets amortisation policy

  Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Notes to the Financial Statements

for the Period Ended 31 March 2026

• 2. Employees

  	2026	2025
  Average number of employees during the period	5	6

  The Company has no employees other than the directors, Directors Remuneration was £111,000 (2024/25 - £35,015) The average number of employees, including directors, during the period was 5 (2024/25 - 5)