---

Contents

Balance Sheet	3
Statement of Compliance	4
Notes to the Financial Statements	5–12

---

Balance Sheet

As at 31 December 2025

	2025 £	2024 £
Fixed assets	0	110,700
Current assets	19	97
Creditors: amounts falling due within one year	0	(38)
Net current assets (liabilities)	19	59
Total assets less current liabilities	19	110,759
Creditors: amounts falling due after more than one year	(11,379)	(10,759)
Total net assets (liabilities)	(11,360)	100,000
Capital and reserves	(11,360)	100,000

---

Balance Sheet Continued

For the year ending 31 December 2025 the company was entitled to exemption 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 accounts for the year in question in accordance with section 476 of the Companies Act 2006.
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

The accounts were approved by the Board of Directors and authorised for issue on 1 September 2026.

---

Notes to the Financial Statements

For the Year Ended 31 December 2025

1. Accounting Policies

Turnover

Turnover is recognised when goods are delivered or services are provided.

Taxation

Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors

Debtors are recognised at the settlement amount due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors

Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

---

Notes to the Financial Statements (continued)

2. Basis of Preparation

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

---

Notes to the Financial Statements (continued)

3. Employee Information

The average number of employees during the year was: 0

---

Notes to the Financial Statements (continued)

4. Change of intangible assets

Internally generated software / dataset is not recognised as an intangible asset in these corrected micro-entity summaries.

---

Notes to the Financial Statements (continued)

5. Director loan reconciliation

1. Director's loan reconciles: £12,334 historic contributions less £475 (2023) less £1,100 (2024) plus £1,000 advanced in 2025 less £380 repaid in 2025 = £11,379.

---

Notes to the Financial Statements (continued)

6. Intangible asset and shareholder adjustment

2. The previous £110,700 IP/dataset valuation and £100,000 shareholder figure have not been carried forward. Share capital is shown at its £1,000 nominal issued amount.

---

Notes to the Financial Statements (continued)

7. Previous errors corrected

3. The retained-loss balance is the balancing accumulated reserve implied by the verified closing bank, liabilities and share capital. Historical P&Ls do not fully reconcile to this reserve because earlier balance sheets/records contained valuation and classification errors.

---

Notes to the Financial Statements (continued)

8. Key corrections

• Loans received removed from turnover; principal repayments removed from operating expenses.

• 2023 £2,236 'loan' entries treated as use of previously contributed funds, not additional lending, per director clarification.

• 2024 fixed-cost total corrected to include the £35 'Other' expense; professional fees of £900 included.

• 2025 £1,000 loan receipt and £380 repayments moved to financing; corrected 2025 loss is £1,112.27.

• Previous £110,700 IP/dataset market valuation removed from the micro-entity balance sheet; £1,000 nominal share capital retained.

Accounts correction & reconciliation

Item 2022 2023 2024 2025

Trading income 751.88 849.00 1,237.00 1,373.53

Operating expenses 6,970.00 3,131.60 1,662.00 2,485.80

Corrected profit/(loss) (6,218.12) (2,282.60) (425.00) (1,112.27)

Loan advanced (financing) 5,140.00 - - 1,000.00

Loan repaid (financing) - 475.00 1,100.00 380.00

Director loan reconciliation £

Historic contributions to end-2022 12,334.00

Less: 2023 repayments (475.00)

Less: 2024 repayments (1,100.00)

Add: 2025 advance 1,000.00

Less: 2025 repayments (380.00)

Closing director loan 31 Dec 2025 11,379.00