Company Registration No. 12558267 (England and Wales)
Tubr Ltd
Unaudited accounts
for the period from 1 January 2026 to 31 August 2026
Tubr Ltd
Company Information
for the period from 1 January 2026 to 31 August 2026
Directors
Evan-Alison Tabor
Peter John Hopton
Company Number
12558267 (England and Wales)
Registered Office
Sheffield Technology Parks
Cooper Buildings
Sheffield Science Park, Arundel Street
Sheffield
South Yorkshire
S1 2NS
England
Accountants
The Accountancy Cloud
Level 5a
Maple House
149 Tottenham Court Road
London
W1T 7NF
Tubr Ltd
Statement of financial position
as at 31 August 2026
Intangible assets
1,200
1,200
Cash at bank and in hand
27,864
125,677
Creditors: amounts falling due within one year
(730,920)
(713,427)
Net current liabilities
(659,998)
(511,506)
Net liabilities
(657,822)
(508,587)
Called up share capital
20,017
19,017
Share premium
553,314
377,314
Capital contribution reserve
96,337
220,695
Profit and loss account
(1,327,490)
(1,125,613)
Shareholders' funds
(657,822)
(508,587)
For the period ending 31 August 2026 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2026 and were signed on its behalf by
Evan-Alison Tabor
Director
Company Registration No. 12558267
Tubr Ltd
Notes to the Accounts
for the period from 1 January 2026 to 31 August 2026
Tubr Ltd is a private company, limited by shares, registered in England and Wales, registration number 12558267. The registered office is Sheffield Technology Parks, Cooper Buildings, Sheffield Science Park, Arundel Street, Sheffield, South Yorkshire, S1 2NS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
4 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Intangible fixed assets have been given an effective life of 4 years, over which they are depreciated on a straight line basis.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Expenditure on research and development is written off in the year in which it is incurred.
Tubr Ltd
Notes to the Accounts
for the period from 1 January 2026 to 31 August 2026
Research and development tax credit
During the financial year, Tubr Ltd received a tax credit for qualifying research and development expenditure under the Research and Development tax relief scheme. This is presented as a tax repayment in the Statement of Profit or Loss in line with disclosure requirements under FRS 102.
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The company operates an EMI qualifying share option scheme. As at 28 February 2026, the company had granted 110,185 share options to 6 employees.
The share options have vesting periods of 2 years, with 50% vesting on the first anniversary of the commencement date, and 50% vesting on the second anniversary of the commencement date.
The share based payment charge within the year was £23,642 (2025: £38,695).
During the year, errors were identified relating to the timing of recognition of the research and development tax credit and the accounting for share options. The prior year figures have therefore been restated.
The effect of the restatement on the balance sheet at 31 December 2025 was as follows:
Accrued income increased by £71,137, from £nil to £71,137.
Accruals increased by £7,114, from £nil to £7,114.
Capital contribution reserve increased by £38,695 from £182,000 to £220,695.
The effect of the restatement on the profit and loss for the year ended 31 December 2025 was as follows:
Corporation tax income increased by £32,811.
Audit and accountancy fees increased by £3,281.
Wages and salaries expense increased by £38,695.
Overall, the loss for the year increased by £9,166, from £225,916 to £235,082.
Tubr Ltd
Notes to the Accounts
for the period from 1 January 2026 to 31 August 2026
4
Intangible fixed assets
Other
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Amounts due from group undertakings etc.
41,143
71,137
Amounts falling due after more than one year
Tubr Ltd
Notes to the Accounts
for the period from 1 January 2026 to 31 August 2026
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
2,559
9,851
Other creditors
667,336
639,755
Loans from directors
49,492
45,749
Other creditors include convertible loan notes of £550,000 together with accrued interest of £113,947. The loans bear interest at 8% per annum and have matured. The balances are repayable on demand and remain convertible into ordinary shares of the Company in accordance with the original loan agreements.
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors' loans are interest-free and repayable on demand.
9
Average number of employees
During the period the average number of employees was 5 (2025: 6).