REGISTERED NUMBER: 05993686 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

REDBITE SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr C Y Wong

Dr D Xing

Mr M H Kuok

Mr J Ebering

Mr K C Tan

SECRETARY:

Dr C Y Wong

REGISTERED OFFICE:

St John's Innovation Centre

Cowley Road

CAMBRIDGE

Cambridgeshire

CB4 0WS

REGISTERED NUMBER:

05993686 (England and Wales)

ACCOUNTANTS:

Staffords

Chartered Accountants

Unit 1, Cambridge House

Camboro Business Park

Oakington Road, Girton

CAMBRIDGE

Cambridgeshire

CB3 0QH

BANKERS:

HSBC plc

PO Box 85

City Office

Cambridge

Cambridgeshire

CB2 3HZ

FIXED ASSETS

Intangible assets

4

182,369

209,320

Tangible assets

5

689

3,300

183,058

212,620

CURRENT ASSETS

Debtors

6

212,384

186,996

Cash at bank

616,475

512,996

828,859

699,992

CREDITORS

Amounts falling due within one year

7

281,149

251,507

NET CURRENT ASSETS

547,710

448,485

TOTAL ASSETS LESS CURRENT LIABILITIES

730,768

661,105

CAPITAL AND RESERVES

Called up share capital

163

163

Share premium

1,674,979

1,674,979

Retained earnings

(944,374

)

(1,014,037

)

SHAREHOLDERS' FUNDS

730,768

661,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 27 October 2026 and were signed on its behalf by:

Dr C Y Wong - Director

1.	STATUTORY INFORMATION

Redbite Solutions Limited 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.

Turnover

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

Development costs

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development

expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be

demonstrated.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

Development

intangible

costs

assets

Totals

£

£

£

COST

At 1 April 2025

1,625,934

56,456

1,682,390

Additions

172,753

-

172,753

Impairments

-

(21,345

)

(21,345

)

At 31 March 2026

1,798,687

35,111

1,833,798

AMORTISATION

At 1 April 2025

1,473,070

-

1,473,070

Amortisation for year

178,359

-

178,359

At 31 March 2026

1,651,429

-

1,651,429

NET BOOK VALUE

At 31 March 2026

147,258

35,111

182,369

At 31 March 2025

152,864

56,456

209,320

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2025

and 31 March 2026

13,615

DEPRECIATION

At 1 April 2025

10,315

Charge for year

2,611

At 31 March 2026

12,926

NET BOOK VALUE

At 31 March 2026

689

At 31 March 2025

3,300

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

166,652

169,640

Other debtors

45,732

17,356

212,384

186,996

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

14,520

12,281

Other creditors

266,629

239,226

281,149

251,507