REGISTERED NUMBER: 13174424 (England and Wales)

Sigma Labs Xyz Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R H Lewis Jones

Mr N Baxter

Mr M T Stark

REGISTERED OFFICE:

20-22 Wenlock Road

London

N1 7GU

REGISTERED NUMBER:

13174424 (England and Wales)

ACCOUNTANTS:

Salisbury & Company

Chartered Accountants

Irish Square

Upper Denbigh Road

St Asaph

Denbighshire

LL17 0RN

FIXED ASSETS

Tangible assets

4

24,292

25,247

CURRENT ASSETS

Debtors

5

1,585,319

1,009,790

Cash at bank

2,590,821

2,699,496

4,176,140

3,709,286

CREDITORS

Amounts falling due within one year

6

800,170

491,690

NET CURRENT ASSETS

3,375,970

3,217,596

TOTAL ASSETS LESS CURRENT LIABILITIES

3,400,262

3,242,843

CAPITAL AND RESERVES

Called up share capital

173

172

Share premium

4,982,736

4,982,681

Retained earnings

(1,582,647

)

(1,740,010

)

3,400,262

3,242,843

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 directors acknowledge their 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 Board of Directors and authorised for issue on 3 March 2026 and were signed on its behalf by:

Mr R H Lewis Jones - Director

1.	STATUTORY INFORMATION

Sigma Labs Xyz 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amount in these financial statements are rounded to the nearest £ GBP.

The financial statements have been prepared on a going concern basis, which assumes adequate resources will be available for a period of at least twelve months following approval of the financial statements. In performing their assessment, the Directors have considered the future financial plans of the Company, including cashflow and profit forecasts. Sensitivities have been applied to the forecasts by management and the directors have assessed that based on their projections for the twelve months following the approval of these financial statements, the Company has sufficient resources to continue as a going concern.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Computers - 3 years straight-line basis

Office Equipment - 20% reducing balance basis

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost.

Provisions for liabilities

Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 122 (2024 - 75 ) .

4.	TANGIBLE FIXED ASSETS

Computers

& Office

Equipment

£

COST

At 1 January 2025

44,203

Additions

4,798

Disposals

(994

)

At 31 December 2025

48,007

DEPRECIATION

At 1 January 2025

18,956

Charge for year

5,753

Eliminated on disposal

(994

)

At 31 December 2025

23,715

NET BOOK VALUE

At 31 December 2025

24,292

At 31 December 2024

25,247

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,460,008

933,590

Other debtors

125,311

76,200

1,585,319

1,009,790

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

53,258

47,552

Taxation and social security

665,837

227,837

Other creditors

81,075

216,301

800,170

491,690

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr R H Lewis Jones.