REGISTERED NUMBER: 08784601 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

SERIAL IDEAS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

P Krapfl

Registered office:

The Corn Mill

1 Roydon Road

Stanstead Abbotts

Hertfordshire

SG12 8XL

Registered number:

08784601 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Intangible assets

4

8,912

9,960

Investments

5

427,847

427,847

436,759

437,807

Current assets

Debtors

6

30,398

30,446

Cash at bank

79,895

125,057

110,293

155,503

Creditors

Amounts falling due within one year

7

(574,281

)

(619,090

)

Net current liabilities

(463,988

)

(463,587

)

Total assets less current liabilities

(27,229

)

(25,780

)

Capital and reserves

Called up share capital

8

1,185

1,185

Retained earnings

(28,414

)

(26,965

)

Shareholders' funds

(27,229

)

(25,780

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2026 and were signed by:

P Krapfl - Director

1.	Statutory information

Serial Ideas Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

At the end of the financial year there was a net deficit of €27,229 (2024: €25,779) on the balance sheet. However, the director has confirmed continued support of the company and consequently the accounts have been prepared on a going concern basis.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Intangible fixed assets

Patents and

licences

€

Cost

At 1 January 2025

and 31 December 2025

10,484

Amortisation

At 1 January 2025

524

Amortisation for year

1,048

At 31 December 2025

1,572

Net book value

At 31 December 2025

8,912

At 31 December 2024

9,960

5.	Fixed asset investments

Shares in

group

undertakings

€

Cost

At 1 January 2025

and 31 December 2025

427,847

Net book value

At 31 December 2025

427,847

At 31 December 2024

427,847

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Daotec Limited

Registered office: UK

Nature of business: Telecommunications

%

Class of shares:

holding

Ordinary

100.00

Cognas Systems S.L

Registered office: Spain

Nature of business: Digital product sales and Marketing

%

Class of shares:

holding

Ordinary

95.00

6.

Debtors: amounts falling due within one year

2025

2024

€

€

Other debtors

30,398

30,446

7.

Creditors: amounts falling due within one year

2025

2024

€

€

Amounts owed to group undertakings

551,817

596,563

Other creditors

22,464

22,527

574,281

619,090

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

€

€

1,000

Ordinary

£1

1,185

1,185

9.	Related party disclosures

At the balance sheet date the company owed Daotec Limited €551,817 (2024: €596,563). Daotec Limited is a 100% owned subsidiary of Serial Ideas Limited who have a common director Peter Krapfl.

The company owed the director Peter Krapfl €20,000 (2024: €20,000) at the balance sheet date.

Cognas Systems S.L a connected company owed €26,578 (2024: €26,578) at the year end.