Vat Approved
VAT Secured, Audit Complete, and Innovate UK in Sight:
The Summer Foundations
It’s the season of confirmations, on paper and in practice. The last week at KCM has focused on solidifying our operational, fiscal, and innovation frameworks, with milestones across three fronts:
🧾 VAT Number Confirmed
We are now officially VAT-registered in the United Kingdom. Effective May 14, 2025, KCM’s VAT number is 493 9670 33. This is a decisive step in scaling our operations and formalizing our position for both suppliers and buyers. All new invoices, procurement, and compliance processes will now reflect this, with automated digital filings in place.
Reference: HMRC Approval, Jun 14, 2025
📑 Audit Confirmation
Our primary banking audit for the fiscal period ending May 29, 2025, has been completed. The audit confirmation from Revolut certifies KCM’s account status:
No debt facilities
No liabilities or third-party guarantees
Fiat and crypto funds only, no asset-based deposits or instruments
(Updated with guarantor signature in place and private cash injection)
This positions KCM for a clean risk assessment and rapid onboarding with institutional partners and new banking relationships.
Reference: Revolut Audit Confirmation, May 29, 2025
🔬 Innovate UK Research
KCM has been invited by Innovate UK and its insights partner Quadrangle to participate in a national research strategy consultation. As a registered innovator, KCM will directly contribute to shaping future funding and support models, with a focus on the practical realities of deep-tech growth, R&D acceleration, and bankable strategy for scaling UK technology.
Learn more!
⚙️ Operations & Focus
Banking Realignment: Following the post-collateral injection, new institutional banking arrangements and treasury structures are being implemented.
R&D Acceleration: Certification and quality system build-out now take priority over further network expansion
Public Updates: We continue to minimize noise and maximize execution. Stakeholders receive briefings directly via our investor area; public-facing technical releases remain on a milestone cadence, with a slight delay in Mk-I, but quantum leaps toward Mk-X are incoming.
The Bottom Line:
KCM enters Q3 with all regulatory and financial frameworks in place and proven. With VAT registration, audit transparency, and direct input into UK innovation strategy, we have locked in both stability and credibility for the next phase of our growth roadmap.
— The KCM Team 🚀
