CONVEYD LTD


Directors	COWLEY, Stephen Philip
	KULKARNI, Manasi Pramod


Registered Address	124 City Road
	London
	EC1V 2NX


Registered Number	15456762 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Current assets
Debtors	3,4	135,751		2,578
Cash at bank and on hand		2,481,710		106,106
		2,617,461		108,684
Creditors amounts falling due within one year	5	(113,403)		(4,010)
Net current assets (liabilities)			2,504,058		104,674
Total assets less current liabilities			2,504,058		104,674
Net assets			2,504,058		104,674
Capital and reserves
Share premium			3,029,934		-
Other reserves			40,000		138,500
Profit and loss account			(565,876)		(33,826)
Shareholders' funds			2,504,058		104,674

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 October 2026, and are signed on its behalf by:

KULKARNI, Manasi Pramod
Director
Registered Company No. 15456762

CONVEYD LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	The company assesses each revenue-generating arrangement to determine whether it is acting as principal or as agent. The company acts as principal where it controls the specified services before they are transferred to the customer. Indicators of control include responsibility for fulfilling the contract, discretion in establishing pricing, and exposure to inventory or performance risk. Where the company acts as principal, revenue is recognised at the gross amount of consideration to which it expects to be entitled. The company acts as agent where its role is to arrange for services to be provided by another party and it does not obtain control of those services before transfer to the customer. Where the company acts as agent, revenue is recognised only to the extent of the commission or fee to which the company is entitled. Management exercises judgement in assessing whether the company acts as principal or agent based on the substance of the contractual arrangements and the facts and circumstances of each transaction. The company acts as an agent in arranging the provision of services by third parties. Revenue comprises only the commission or fees earned for arranging those transactions and is recognised when the company's performance obligation has been satisfied. Amounts collected on behalf of third parties are not recognised as revenue.

Turnover policy

The company assesses each revenue-generating arrangement to determine whether it is acting as principal or as agent.

The company acts as principal where it controls the specified services before they are transferred to the customer. Indicators of control include responsibility for fulfilling the contract, discretion in establishing pricing, and exposure to inventory or performance risk. Where the company acts as principal, revenue is recognised at the gross amount of consideration to which it expects to be entitled.

The company acts as agent where its role is to arrange for services to be provided by another party and it does not obtain control of those services before transfer to the customer. Where the company acts as agent, revenue is recognised only to the extent of the commission or fee to which the company is entitled.

Management exercises judgement in assessing whether the company acts as principal or agent based on the substance of the contractual arrangements and the facts and circumstances of each transaction.

The company acts as an agent in arranging the provision of services by third parties. Revenue comprises only the commission or fees earned for arranging those transactions and is recognised when the company's performance obligation has been satisfied. Amounts collected on behalf of third parties are not recognised as revenue.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

	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.

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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	4		0

3.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	6,492	-
Other debtors	74,174	-
Prepayments and accrued income	17,394	2,578
Total	98,060	2,578

4.	Debtors: amounts due after one year

	2026	2025
	£	£
Other debtors	37,692	-
Total	37,692	-


	Non-current debtors consists of an insurance cost, prepaid over ten years.

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	75,913	-
Taxation and social security	22,489	-
Other creditors	3,451	3,976
Accrued liabilities and deferred income	11,550	34
Total	113,403	4,010


	At the balance sheet date, the Company owed £3,451 (2025: £3,976) to one (2025: two) Director(s) and this amount is included within other creditors. The loans are unsecured, interest free and repayable on demand.

6.	Operating lease commitments
	At 31 January 2026, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £3,477 (2025: £nil). All lease commitments are repayable within one year.

7.	Further information regarding the company's financial position
	Included in Other Reserves are Advanced Subscription Agreements (ASA's) totalling £40,000 (2025: £138,500). All of the ASA’s converted post year end by 20th February 2026.