Contents of the Financial Statements

for the Period Ended 30 November 2025

Balance sheet

As at 30 November 2025

The notes form part of these financial statements

Balance sheet statements

For the year ending 30 November 2025 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 directors have chosen not to file a copy of the company's profit and loss account.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 November 2025

• 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 excludes VAT, discounts and rebates. Service revenue is recognised by reference to the stage of completion when the revenue, costs and stage of completion can be measured reliably and receipt is probable. Receipts for services not yet delivered are deferred.

  Tangible fixed assets depreciation policy

  Computer equipment is measured at cost less accumulated depreciation and impairment. Depreciation is provided at 33% per annum on a straight-line basis over the estimated useful life, allowing for residual value. Following a revision of the remaining useful life, the remaining carrying value was fully depreciated during the year.

  Other accounting policies

  General information Core AI Limited (registered number 12317374) is a private company limited by shares incorporated in England and Wales. Its registered office is 246 Etruria Vale Road, Stoke-on-Trent, Staffordshire, ST1 4BN. Basis of preparation The financial statements have been prepared under the historical cost convention in accordance with FRS 102 Section 1A and the Companies Act 2006. They are presented in sterling, rounded to the nearest pound. Foreign currencies Transactions in foreign currencies are translated at the transaction-date rate. Monetary balances are translated at the reporting-date rate. Exchange differences are recognised in profit or loss. Finance income and costs Interest income and finance costs are recognised as they accrue, using the effective interest method where applicable. Borrowing costs are expensed as incurred. Pensions Contributions to defined contribution pension schemes are expensed when payable. Unpaid contributions are included in creditors. Taxation Current tax is measured at the amount expected to be paid or recovered under enacted or substantively enacted tax law. Tax follows the related item into profit or loss or equity. Deferred tax is recognised on timing differences; deferred tax assets are recognised only where recovery is probable. Financial instruments and impairment The Company applies Section 11 of FRS 102. Short-term debtors and creditors are measured at transaction price. Other basic financial instruments are measured at amortised cost. Assets are assessed for impairment at the reporting date and losses are recognised where carrying amounts are not recoverable. Reserves A tax-provision adjustment of £23,787 was credited to opening retained earnings on 1 December 2024.

Notes to the Financial Statements

for the Period Ended 30 November 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	8	17