| Newsroom AI Ltd |
| Registered number: |
08709478 |
| Balance Sheet |
| as at 30 September 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
9,942 |
|
|
8,271 |
|
| Current assets |
| Debtors |
5 |
|
1,276,952 |
|
|
1,836,666 |
| Cash at bank and in hand |
|
|
485,016 |
|
|
365,598 |
|
|
|
1,761,968 |
|
|
2,202,264 |
|
| Creditors: amounts falling due within one year |
6 |
|
(2,016,988) |
|
|
(2,261,305) |
|
| Net current assets / (liabilities) |
|
|
|
(255,020) |
|
|
(59,041) |
|
| Total assets less current liabilities |
|
|
|
(245,078) |
|
|
(50,770) |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(30,000) |
|
|
- |
|
|
|
| Net profit / (liabilities) |
|
|
|
(275,078) |
|
|
(50,770) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(275,079) |
|
|
(50,771) |
|
| Shareholder's funds |
|
|
|
(275,078) |
|
|
(50,770) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his 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 M. Fanache |
| Director |
| Approved by the board on 25 September 2026 |
|
| Newsroom AI Ltd |
| Notes to the Accounts |
| for the year ended 30 September 2025 |
|
|
| 1 |
General information |
|
|
Newsroom AI Ltd is a private company limited by shares, incorporated in England and Wales. The company's registered number is 08709478. The address of its registered office is Unit T13, Tideway Yard, 125 Mortlake High Street, London, SW14 8SN.
The principal activity of the company is the development and provision of AI-powered software and services. |
|
|
| 2 |
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). |
|
|
Going concern |
|
The directors have assessed the company's ability to continue as a going concern and have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. In doing this, they have considered the level of reserves held, the results for the period, expectations of future trading as a result of trading relationships with key customers. On the basis of this information the directors are satisfied that the company will continue as a going concern and so the financial statements have been prepared on this basis. |
|
|
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 rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
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: |
|
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
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 |
|
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income. |
|
|
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. |
|
|
| 3 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
4 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 October 2024 |
29,590 |
|
Additions |
8,082 |
|
At 30 September 2025 |
37,672 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2024 |
21,319 |
|
Charge for the year |
6,411 |
|
At 30 September 2025 |
27,730 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2025 |
9,942 |
|
At 30 September 2024 |
8,271 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
1,025,181 |
|
841,163 |
|
Other debtors |
263,184 |
|
486,677 |
|
Corporation tax |
(27,374) |
|
486,392 |
|
Other taxes and social security |
15,961 |
|
22,434 |
|
|
|
|
|
|
1,276,952 |
|
1,836,666 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
618,420 |
|
404,745 |
|
Director's loan account |
|
|
|
|
4,066 |
|
- |
|
Other creditors |
1,394,502 |
|
1,856,560 |
|
|
|
|
|
|
2,016,988 |
|
2,261,305 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
30,000 |
|
- |
|
|
|
|
|
|
|
|
|