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REGISTERED NUMBER: 14320104 (England and Wales)















Financial Statements for the Period 26 August 2022 to 31 December 2023

for

Whatnot Global Limited

Whatnot Global Limited (Registered number: 14320104)






Contents of the Financial Statements
for the Period 26 August 2022 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Whatnot Global Limited

Company Information
for the Period 26 August 2022 to 31 December 2023







DIRECTORS: R Colburn
Ms M Khorsandi





SECRETARY: Ms M Khorsandi





REGISTERED OFFICE: 12 New Fetter Lane
London
United Kingdom
EC4A 1JP





REGISTERED NUMBER: 14320104 (England and Wales)





AUDITORS: Mark Arber Limited
Chartered Certified Accountants
& Statutory Auditors
71-75 Shelton Street
London
WC2H 9JQ

Whatnot Global Limited (Registered number: 14320104)

Balance Sheet
31 December 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 42,861

CURRENT ASSETS
Debtors 5 1,760,727
Cash at bank 6,562,566
8,323,293
CREDITORS
Amounts falling due within one year 6 103,500
NET CURRENT ASSETS 8,219,793
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,262,654

CAPITAL AND RESERVES
Called up share capital 2
Share premium 8,248,291
Retained earnings 14,361
SHAREHOLDERS' FUNDS 8,262,654

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by:





R Colburn - Director


Whatnot Global Limited (Registered number: 14320104)

Notes to the Financial Statements
for the Period 26 August 2022 to 31 December 2023

1. STATUTORY INFORMATION

Whatnot Global Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period 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.

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 period 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.

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.

Share based compensation
The employees of the company are entitled to participate in the group share based compensation scheme. Cost is recognised in these financial statements based on the fair value of the awards at the date of grant, amortized over any vesting period that may apply. The company has taken the exemption provided in FRS 102 Section 1.12D not to disclose details of share-based payment arrangements concerning equity instruments of another group entity.

Whatnot Global Limited (Registered number: 14320104)

Notes to the Financial Statements - continued
for the Period 26 August 2022 to 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 49,099
At 31 December 2023 49,099
DEPRECIATION
Charge for period 6,238
At 31 December 2023 6,238
NET BOOK VALUE
At 31 December 2023 42,861

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 1,581,514
Other debtors 179,213
1,760,727

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 45,355
Taxation and social security 46,974
Other creditors 11,171
103,500

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Arber (Senior Statutory Auditor)
for and on behalf of Mark Arber Limited

8. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Whatnot Inc. a company incorporated in the United States of America. The ultimate controlling party is unknown.

Whatnot Global Limited (Registered number: 14320104)

Notes to the Financial Statements - continued
for the Period 26 August 2022 to 31 December 2023

9. RELATED PARTY TRANSACTION

The company has taken the exemption provided by FFRS 102 Section 33.1A not to disclose related party transactions with wholly owned subsidiaries within the group.