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Contents

Balance Sheet	3
Statement of Compliance	4
Notes to the Financial Statements	5–11

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Balance Sheet

As at 31 December 2025

	2025 £	2024 £
Fixed assets
Intangible assets	4,187	5,475
	4,187	5,475
Current assets	100,877	213,745
Creditors: amounts falling due within one year	(3,559,632)	(3,351,280)
Net current assets (liabilities)	(3,458,755)	(3,137,535)
Total assets less current liabilities	(3,454,568)	(3,132,060)
Creditors: amounts falling due after more than one year	(29,298)	(65,544)
Provisions for liabilities	0	(28)
Total net assets (liabilities)	(3,483,866)	(3,197,632)
Capital and reserves
Called up share capital	1	1
Profit and loss account	(3,483,867)	(3,197,633)
	(3,483,866)	(3,197,632)

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Balance Sheet Continued

For the period ended 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The directors have elected not to deliver a copy of the profit and loss account to the registrar, in accordance with section 444(5A) of the Companies Act 2006.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The accounts were approved by the Board of Directors and authorised for issue on 5 November 2026.

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Notes to the Financial Statements

For the period 1 January 2025 to 31 December 2025

1. Accounting Policies

Turnover

Turnover is recognised when goods are delivered or services are provided.

Taxation

Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors

Debtors are recognised at the settlement amount due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors

Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

Principal activity

The principal activity of the company during the period was Other information technology service activities.

Intangible fixed assets

Intangible fixed assets are stated at cost less accumulated amortisation. Amortisation is provided on a straight-line basis over the estimated useful lives of the assets as follows: Patents — 10 years.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided on a straight-line basis over the estimated useful lives of the assets as follows: Computer Equipment — 3 years, Office Equipment — 5 years.

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Notes to the Financial Statements (continued)

2. Basis of Preparation

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' and the Companies Act 2006.

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Notes to the Financial Statements (continued)

3. Employee Information

The average number of employees during the period was: 1 (Previous Period: 1)

Amounts owed to directors

Included within creditors falling due within one year is £1,773,720 owed to the directors (Previous Period: £1,558,165).

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Notes to the Financial Statements (continued)

4. Intangible Fixed Assets

Category	Cost b/f £	Additions £	Disposals £	Cost c/f £	Amortisation b/f £	Charge £	On disp. £	Amortisation c/f £	NBV £
Patents	12,886	0	0	12,886	7,411	1,288	0	8,699	4,187
Total	12,886	0	0	12,886	7,411	1,288	0	8,699	4,187

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Notes to the Financial Statements (continued)

5. Tangible Fixed Assets

Category	Cost b/f £	Additions £	Disposals £	Cost c/f £	Dep b/f £	Charge £	On disp. £	Dep c/f £	NBV £
Computer Equipment	3,475	0	0	3,475	3,475	0	0	3,475	0
Office Equipment	5,686	0	0	5,686	5,686	0	0	5,686	0
Total	9,161	0	0	9,161	9,161	0	0	9,161	0

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Notes to the Financial Statements (continued)

6. Debtors

Description	Current Year £	Previous Year £
Trade debtors	51,115	44,898
Amounts owed by group undertakings	22,379	17,882
Prepayments and accrued income	0	0
Other debtors	21,638	144,628
Total	95,132	207,408

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Notes to the Financial Statements (continued)

7. Creditors

Creditors: amounts falling due within one year

Description	Current Year £	Previous Year £
Trade creditors	38,742	34,806
Amounts owed to group undertakings	1,837,413	1,588,876
Corporation tax	0	0
Other taxes and social security	19,776	72,051
Accruals and deferred income	0	0
Other creditors	1,663,701	1,655,547
Total	3,559,632	3,351,280

Creditors: amounts falling due after more than one year

Description	Current Year £	Previous Year £
Bank loans	29,298	30,662
Other creditors	0	34,882
Total	29,298	65,544