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Company Registration No. 09342992 (England and Wales)
TERAGENCE LTD Unaudited accounts for the year ended 31 December 2025
TERAGENCE LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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TERAGENCE LTD Company Information for the year ended 31 December 2025
Directors
Christian Rouffaert Abdulla Thakur Paul Moore
Secretary
Christian Rouffaert
Company Number
09342992 (England and Wales)
Registered Office
99 Milton Keynes Business Centre Foxhunter Drive Milton Keynes MK14 6GD United Kingdom
Accountants
Arth Limited 655 Milton Keynes Business Centre Hayley Court Linford Wood Milton Keynes Buckinghamshire MK14 6GD
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of TERAGENCE LTD for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of TERAGENCE LTD for the year ended 31 December 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of TERAGENCE LTD, as a body, in accordance with the terms of our engagement letter dated 31 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of TERAGENCE LTD and state those matters that we have agreed to state to the Board of Directors of TERAGENCE LTD, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TERAGENCE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that TERAGENCE LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of TERAGENCE LTD. You consider that TERAGENCE LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of TERAGENCE LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Arth Limited Chartered Accountants 655 Milton Keynes Business Centre Hayley Court Linford Wood Milton Keynes Buckinghamshire MK14 6GD 6 September 2026
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TERAGENCE LTD Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,665 
702 
Current assets
Debtors
5
20,665 
23,444 
Cash at bank and in hand
128,326 
126,653 
148,991 
150,097 
Creditors: amounts falling due within one year
6
(261,813)
(251,755)
Net current liabilities
(112,822)
(101,658)
Total assets less current liabilities
(110,157)
(100,956)
Creditors: amounts falling due after more than one year
7
(23,333)
- 
Net liabilities
(133,490)
(100,956)
Capital and reserves
Called up share capital
8
1,408 
1,407 
Share premium
622,793 
622,793 
Profit and loss account
(757,691)
(725,156)
Shareholders' funds
(133,490)
(100,956)
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2026 and were signed on its behalf by
Christian Rouffaert Director Company Registration No. 09342992
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TERAGENCE LTD Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
TERAGENCE LTD is a private company, limited by shares, registered in England and Wales, registration number 09342992. The registered office is 99 Milton Keynes Business Centre, Foxhunter Drive, Milton Keynes, MK14 6GD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% SL
Computer equipment
33% SL
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company for the foreseeable future
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Turnover
Turnover represents amounts receivable for the provision of mobile network coverage data and related professional services, stated net of value added tax, discounts and rebates. Revenue from data licences and subscription contracts is recognised evenly over the period of the contract, reflecting the continuous nature of the service provided. Where a contract is invoiced in advance of the service being provided, the amount invoiced is credited to deferred income and released to turnover over the contract term. Deferred income expected to be released within twelve months of the reporting date is shown within creditors falling due within one year, and the remainder within creditors falling due after more than one year. Revenue from professional services is recognised as the services are performed.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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TERAGENCE LTD Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2025
1,177 
3,320 
4,497 
Additions
433 
2,680 
3,113 
At 31 December 2025
1,610 
6,000 
7,610 
Depreciation
At 1 January 2025
526 
3,269 
3,795 
Charge for the year
352 
798 
1,150 
At 31 December 2025
878 
4,067 
4,945 
Net book value
At 31 December 2025
732 
1,933 
2,665 
At 31 December 2024
651 
51 
702 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
3,900 
- 
Trade debtors
11,508 
17,595 
Accrued income and prepayments
5,257 
5,273 
Other debtors
- 
576 
20,665 
23,444 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
20,653 
Trade creditors
47,249 
39,391 
Accruals
5,232 
- 
Deferred income
209,332 
191,711 
261,813 
251,755 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Deferred income
23,333 
- 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
13,300,920 Ordinary shares of £0.0001 each
1,330.09 
1,330.09 
780,225 Preference Shares of £0.0001 each
78.02 
78.02 
1,408.11 
1,408.11 
- 7 -
TERAGENCE LTD Notes to the Accounts for the year ended 31 December 2025
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Christian Rouffaert
Loan - repaid in current year
576 
- 
576 
- 
576 
- 
576 
- 
10
Transactions with related parties
Cellxion Limited (registered in England and Wales, number 04780952) holds more than 25% but not more than 50% of the issued share capital and voting rights of the company and is therefore a related party. Mr P Moore, a director of the company, is connected with Cellxion Limited. During the year the company recognised revenue from Cellxion Limited of £433,359 (2024: £288,496), representing 62.5% of turnover. No amount was owed by Cellxion Limited at the balance sheet date (2024: £nil). Deferred income at 31 December 2025 includes £197,109 in respect of contracts with Cellxion Limited which will be recognised as revenue within twelve months, together with £23,333 falling due thereafter.
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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