OPPILOTECH LTD

Company Registration Number:
08835326 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2026

Period of accounts

Start date: 01 February 2025

End date: 31 January 2026

OPPILOTECH LTD

Contents of the Financial Statements

for the Period Ended 31 January 2026

Balance sheet
Notes

OPPILOTECH LTD

Balance sheet

As at 31 January 2026


Notes
2026
2025


£
£
Called up share capital not paid: 50 50
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,274 2,544
Investments:   0 0
Total fixed assets: 1,274 2,544
Current assets
Stocks: 0 0
Debtors: 4 13,122 133,887
Cash at bank and in hand: 17,261 55,802
Investments:   0 0
Total current assets: 30,383 189,689
Creditors: amounts falling due within one year: 5 (141,220) (281,754)
Net current assets (liabilities): (110,837) (92,065)
Total assets less current liabilities: (109,513) (89,471)
Creditors: amounts falling due after more than one year: 6 (935) (9,485)
Provision for liabilities: 0 0
Total net assets (liabilities): (110,448) (98,956)
Capital and reserves
Called up share capital: 265 264
Share premium account: 367,807 358,100
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (478,520) (457,320)
Shareholders funds: (110,448) (98,956)

The notes form part of these financial statements

OPPILOTECH LTD

Balance sheet statements

For the year ending 31 January 2026 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 29 October 2026
and signed on behalf of the board by:

Name: Ajay Mistry
Status: Director

The notes form part of these financial statements

OPPILOTECH LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Office equipment - 33% straight line basis Plant and machinery - 25% straight line basis

Other accounting policies

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. Tax credits receivable under the UK Research & Development regime are recognised in the financial statements once the claims have been accepted by HMRC. 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. Hire purchase and leasing commitments Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. 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.

OPPILOTECH LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

2. Employees

2026 2025
Average number of employees during the period 5 4

OPPILOTECH LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

3. Tangible Assets

Total
Cost £
At 01 February 2025 7,691
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 January 2026 7,691
Depreciation
At 01 February 2025 5,147
Charge for year 1,270
On disposals 0
Other adjustments 0
At 31 January 2026 6,417
Net book value
At 31 January 2026 1,274
At 31 January 2025 2,544

OPPILOTECH LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

4. Debtors

2026 2025
££
Debtors due after more than one year: 0 0

Trade debtors: 2026 £3,278; 2025 £0 Other debtors: 2026 £26; 2025 £4,726 Called up share capital not paid: 2026 £50; 2025 £50 VAT: 2026 £3,606; 2025 £10,713 Prepayments and accrued income: 2026 £6,212; 2025 £118,448 Total: 2026 £13,172; 2025 £133,937

OPPILOTECH LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

5. Creditors: amounts falling due within one year note

Trade creditors: 2026 £26,336; 2025 £39,973 Taxation and social security: 2026 £3,173; 2025 £3,523 Pensions: 2026 £1,018; 2025 £752 Convertible loan: 2026 £40,000; 2025 £40,000 Covid 19 Bounce Back Loan: 2026 £9,040; 2025 £9,040 SPRK Capital loan: 2026 £0; 2025 £126,956 Credit cards: 2026 £59,600; 2025 £58,126 Accrued expenses: 2026 £2,053; 2025 £3,384 Total: 2026 £141,220; 2025 £281,754 The convertible loan note converts to equity on a qualifying finance event or a change of control. As none of these events have occurred to date, the note has been extended with a repayment date on 31 December 2027. The original repayment date was 31 December 2022 (2025: Extension to 31 December 2026). The Covid-19 Bounce Back Loan was received on 22 March 2021 for £42,750 and £9,040 (2025: £9,040) is the principal amount which is repayable within one year. Interest is at 2.5%. The SPRK Capital loan supported spend on project part funded by an Innovate UK grant. The company dr drew down the quarterly spend, being the principal amount of the loan, and subsequently repaid it once the grant funds (in arrears) were received. Interest was charged at 16%. Fees were £499 per drawdown. The final repayment was made during this financial year.

OPPILOTECH LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

6. Creditors: amounts falling due after more than one year note

Covid 19 Bounce Back Loan: 2026 £935 2025 £9,485 The Covid-19 Bounce Back Loan was received on 22 March 2022. £935 (2024: £ 9,485) is the principal amount falling due after 1 February 2027. The loan interest is 2.5%.The total amount outstanding as at 31.1.26 was £9,975 (2025: £ 18,525).