Interim results for the 6 months to 30 June 2024

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		6 month period ended June 2024	6 month period ended June 2023
		(unaudited)	(unaudited)
	Notes	£	£

Revenue		466	-
Other operating income		123,000	-
Administrative expenses	5	(4,107,712)	(292,756)

Operating loss		(3,984,246)	(292,756)

Finance costs		(821)	(352,864)
Other gains/(losses)		-	(927,172)
Gain/(loss) on foreign exchange			53,398

Profit/(loss) before taxation		(3,985,067)	(1,519,394)

Income tax expense		-	-

Profit/(loss) after taxation		(3,985,067)	(1,519,394)

Other comprehensive income		1,968	-


Profit/(loss) and total comprehensive loss for the year		(3,983,098)	(1,519,394)


Profit/(Loss) per share from continuing operations attributable to the equity owners
Basic profit/(loss) per share (pence per share)	2	(1.03)	(0.15)
Diluted profit/(loss) per share (pence per share)		(1.03)	(0.15)

	Notes	As at 30 June 2024	As at 31 December 2023
		(unaudited)	(audited)
ASSETS		£	£
Non-current assets
Property, plant and equipment		266	518
Intangible assets		221,408	103,130

Total non-current assets		221,674	103,648

Current assets
Trade and other receivables	3	100,468	171,691
Cash and cash equivalents		515,036	1,396,453

Total current assets		615,504	1,568,144

Total assets		837,178	1,671,793

EQUITY AND LIABILITIES
Equity
Share capital		798,310	326,803
Share premium		3,481,746	3,101,196
Share-based payment reserve	5	4,070,756	1,198,366
Acquisition reserve		(392,105)	-
Convertible loan note reserve		-	12,688
Retained earnings		(7,343,864)	(3,360,766)
Total equity		614,843	1,278,288

Current liabilities
Trade and other payables	4	222,335	232,618
Convertible loan notes		-	160,887
Total current liabilities		222,335	393,505
Total liabilities		222,335	393,505

Total equity and liabilities		837,178	1,671,793

	Notes	As at 30 June 2024	As at 31 December 2023
ASSETS		£	£
Non-current assets
Property, plant and equipment		266	518

Total non-current assets		266	518

Current assets
Trade and other receivables	3	1,000	5,458
Cash and cash equivalents		29,420	9,238

Total current assets		30,420	14,696

Total assets		30,686	15,214

EQUITY AND LIABILITIES
Equity
Share capital		201,021	121,620
Share premium		1,519,531	1,253,355
Share based payment Reserve		91,100	91,100
Convertible loan note reserve		-	12,688
Retained earnings		(1,860,689)	(1,793,501)
Total equity		(49,037)	(314,738)

Current liabilities
Trade and other payables	4	79,723	169,065
Convertible loan notes		-	160,887
Total current liabilities		79,723	329,952
Total liabilities		79,723	329,952

Total equity and liabilities		30,686	15,214

	Issued Share Capital	Share Premium	SBP Reserve	Convertible loan note reserve	Acquisition reserve	Retained Earnings	Total Equity
	£	£	£	£	£	£	£
As at 1 Jan 2023	102,816	810,219	91,000	-	-	(1,963,035)	(958,500)
Profit for the year	-	-	-	-	-	(1,519,394)	(1,519,394)
Total comprehensive income for the year	-	-	-	-	-	(1,519,394)	(1,519,394)

Shares issued during the year	-	-	-	-	-	-	-
Issue of convertible loan notes	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-
Total transactions with owners	-	-	-	-	-	-	-
Period ended 30 June 2023	102,816	810,219	91,000	-	-	(3,482,429)	(2,478,294)

	Issued Share Capital	Share Premium	SBP Reserve	Convertible loan note reserve	Acquisition reserve	Retained Earnings	Total Equity
	£	£	£	£	£	£	£
As at 1 Jan 2024	326,803	3,101,196	1,198,366	12,688	-	(3,360,766)	1,278,287
Profit for the year	-	-	-	-	-	(3,983,098)	(3,983,098)
Total comprehensive income for the year	-	-	-	-	-	(3,982,098)	(3,983,098)

Shares issued during the year	471,507	380,550	2,872,390	-	-	-	3,724,447
Issue of convertible loan notes	-	-	-	(12,688)	-	-	(12,688)
Acquisitions	-	-	-	-	(392,105)	-	(392,105)
Total transactions with owners	471,507	380,550	2,872,390	(12,688)	(392,105)	-	3,319,653
Period ended 30 June 2024	798,310	3,481,746	4,070,756	-	(392,105)	(7,343,864)	614,843

Companies

UK 100

Latest directors dealings

		6 month period ended June 2024	6 month period ended June 2023
	Note	£	£
Cash flow from operating activities
Loss for the financial year		(3,983,098)	(1,519,394)
Adjustments for:
Write down / Impairment		252	252
Foreign exchange movements		-	(53,398)
Finance costs		815	352,798
Interest paid		6	-
Adjustment on disposal of investments		(1,485)	927,172
Services settled by issue of warrants	5	(2,986,764)	-
Changes in working capital:
Decrease / (Increase) in trade and other receivables		71,223	(15,919)
Increase / (decrease) in trade and other payables		(10,283)	134,501
Net cash used in operating activities		(935,806)	(173,988)

Cash flows from investing activities
Purchase of intangible assets		(118,278)	-
Net cash used in investing activities		(118,278)	-

Cash flows from financing activities
Proceeds from issue of shares		172,666	-
Loans		-	163,575
Net cash (used in)/generated from financing activities		172,666	163,575

Net (decrease)/increase in cash and cash equivalents		(881,417)	(10,413)
Cash and cash equivalents at beginning of the period		1,396,453	22,994
Foreign exchange impact on cash		-	(6,117)
Cash and cash equivalents at end of the period		515,036	6,464

		6 month period ended June 2024	6 month period ended June 2023
		2024	2023
	Note	£'000	£
Cash flow from operating activities
Loss for the financial year		(67,189)	(1,519,394)
Adjustments for:
Write down / Impairment		252	252
Foreign exchange movements		-	(53,398)
Finance costs		815	352,798
Interest paid		6	-
Adjustment on disposal of investments		(1,485)	927,172
Services settled by issue of warrants		-	-
Changes in working capital:
Decrease / (Increase) in trade and other receivables		4,458	(15,919)
Increase / (decrease) in trade and other payables		(89,342)	134,501
Net cash used in operating activities		(152,485)	(173,988)

Cash flows from investing activities
Purchase of intangible assets		-	-
Net cash used in investing activities		-	-

Cash flows from financing activities
Proceeds from issue of shares		172,666	-
Loans		-	163,575
Net cash (used in)/generated from financing activities		172,666	163,575

Net (decrease)/increase in cash and cash equivalents		20,182	(10,413)
Cash and cash equivalents at beginning of the period		9,238	22,994
Foreign exchange impact on cash		-	(6,117)
Cash and cash equivalents at end of the period		29,420	6,464

	6 month period ended June 2024	6 month period ended June 2023
	£	£
Number of shares
Weighted average number of ordinary shares for basic and diluted earnings per share	387,097,983	10,281,600

Loss
Loss for the period from continued operations	(3,985,067)	(1,519,394)

Loss per share for continuing operations
Basic loss per share	(1.03)	(0.15)
Diluted loss per share	(1.03)	(0.15)

GROUP	30 June 2024	31 December 2023
	£	£

VAT recoverable	68,126	93,902
Prepayments	29,842	75,289
Other receivables	2,500	2,500
	100,468	171,691

COMPANY	30 June 2024	31 December 2023
	£	£

VAT recoverable	1,000	5,458
	1,000	5,458

GROUP
	£
Balance as at 31 December 2023	1,198,366
Warrants issued in the period¹	3,979,656
Warrants lapsed/expired during the period²	(1,107,266)
Share based payment reserve total	4,070,756
Warrants issued in the period³	114,374