Democracy Technology Limited - Filleted accounts

Registered number

06397657

Democracy Technology Limited

Unaudited Filleted Accounts

31 December 2025

Democracy Technology Limited
Statement of Financial Position
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		24,419			8,565
Investments	5		85			85
			24,504			8,650

Current assets
Debtors	6	244,545			298,569
Cash at bank and in hand		198,686			205,072
		443,231			503,641

Creditors: amounts falling due within one year	7	(176,561)			(211,176)

Net current assets			266,670			292,465

Net assets			291,174			301,115

Capital and reserves
Called up share capital			100			100
Profit and loss account			291,074			301,015

Shareholders' funds			291,174			301,115

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr B P Thomas
Director
Approved by the board on 8 September 2026

Company registration number:		06397657

Democracy Technology Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the supply of services is recognised on completion of the work.

	Going Concern
	The financial statements have been prepared on a going concern basis. The Directors have prepared forecasts for a period greater than one year from the date of signature of the financial statements and have a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures and fittings			25% straight line
	Equipment			33% straight line

	Impairment of fixed assets
	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.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	Operating lease payments are recognised as an expense on a straight line basis over the lease term. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term on a straight line basis

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Profit before taxation					2025		2024
£							£
	Profit before taxation is stated after charging:

	Depreciation of tangible assets					5,694		5,290


3	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					13		15


4	Tangible fixed assets
		Leasehold improvements		Fixtures and fittings		Equipment		Total
£			£		£		£
	Cost
	At 1 January 2025	-		7,641		51,343		58,984
	Additions	15,430		-		6,118		21,548
	At 31 December 2025	15,430		7,641		57,461		80,532

	Depreciation
	At 1 January 2025	-		7,121		43,298		50,419
	Charge for the year	366		323		5,005		5,694
	At 31 December 2025	366		7,444		48,303		56,113

	Net book value
	At 31 December 2025	15,064		197		9,158		24,419
	At 31 December 2024	-		520		8,045		8,565


5	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 January 2025							85

	At 31 December 2025							85

	The company owns 100% of the ordinary share capital of Democracy Technology Ireland Limited, a company registered in Ireland.


6	Debtors					2025		2024
£							£

	Trade debtors					183,337		251,235
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					6,300		6,300
	Other debtors					54,908		41,034
						244,545		298,569

	Amounts due after more than one year included above					6,300		6,300


7	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					9,048		20,833
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					85		85
	Taxation and social security costs					68,184		91,826
	Other creditors					99,244		98,432
						176,561		211,176


8	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					86,924		16,019


9	Controlling party

	The company is an wholly owned subsidiary of Mi-Voice Limited, a company registered in England & Wales under number 06059852.


10	Other information

	Democracy Technology Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 8, Mill Court
	The Sawmills
	Durley
	Hampshire
	SO32 2EJ