Applied Engine Technology Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03654326

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		3,850		4,300
Tangible Assets	5		1,353		1,592

			5,203		5,892
CURRENT ASSETS
Debtors	6	-		203
Cash at bank and in hand		1,039		2,240

		1,039		2,443
Creditors: Amounts Falling Due Within One Year	7	(10,258 )		(10,003 )

NET CURRENT ASSETS (LIABILITIES)			(9,219 )		(7,560 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(4,016 )		(1,668 )

Creditors: Amounts Falling Due After More Than One Year	8		(14,109 )		(14,075 )

NET LIABILITIES			(18,125 )		(15,743 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Share premium account			26,750		26,750
Profit and Loss Account			(44,975 )		(42,593 )

SHAREHOLDERS' FUNDS			(18,125)		(15,743)

Page 1

Page 2

Applied Engine Technology Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr Alireza Veshagh

Director

27th November 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Applied Engine Technology Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03654326 . The registered office is 30 Lesser Foxholes, Shoreham By Sea, Sussex, BN43 5NT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are patents. It is amortised to the profit and loss account over its estimated economic life of 11 years.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% reducing balance
Computer Equipment	15% reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	9,704

As at 31 March 2025	9,704

Amortisation
As at 1 April 2024	5,404
Provided during the period	450

As at 31 March 2025	5,854

Net Book Value
As at 31 March 2025	3,850

As at 1 April 2024	4,300

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	749	7,445	2,025	10,219

As at 31 March 2025	749	7,445	2,025	10,219

...CONTINUED

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Applied Engine Technology Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	358	7,445	824	8,627
Provided during the period	59	-	180	239

As at 31 March 2025	417	7,445	1,004	8,866

Net Book Value
As at 31 March 2025	332	-	1,021	1,353

As at 1 April 2024	391	-	1,201	1,592

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	-	203

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	9,778	9,778
Other creditors	480	225

	10,258	10,003

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	14,109	14,075

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100