Silverfin false false 31/12/2024 25/07/2023 31/12/2024 W Al Saqqaf 25/07/2023 R J Gardner 25/07/2023 D Ward 03/09/2024 25 April 2025 The principal activity of the Company during the financial period was that of developing technology to restore natural infrastructure.

The Company was incorporated on 25 July 2023 and commenced trading on this date.
15027947 2024-12-31 15027947 bus:Director1 2024-12-31 15027947 bus:Director2 2024-12-31 15027947 bus:Director3 2024-12-31 15027947 core:CurrentFinancialInstruments 2024-12-31 15027947 core:ShareCapital 2024-12-31 15027947 core:SharePremium 2024-12-31 15027947 core:RetainedEarningsAccumulatedLosses 2024-12-31 15027947 core:OtherResidualIntangibleAssets 2023-07-24 15027947 2023-07-24 15027947 core:OtherResidualIntangibleAssets 2024-12-31 15027947 core:ComputerEquipment 2023-07-24 15027947 core:ComputerEquipment 2024-12-31 15027947 core:CurrentFinancialInstruments 7 2024-12-31 15027947 bus:OrdinaryShareClass1 2024-12-31 15027947 bus:OrdinaryShareClass2 2024-12-31 15027947 bus:OrdinaryShareClass3 2024-12-31 15027947 2023-07-25 2024-12-31 15027947 bus:FilletedAccounts 2023-07-25 2024-12-31 15027947 bus:SmallEntities 2023-07-25 2024-12-31 15027947 bus:AuditExemptWithAccountantsReport 2023-07-25 2024-12-31 15027947 bus:PrivateLimitedCompanyLtd 2023-07-25 2024-12-31 15027947 bus:Director1 2023-07-25 2024-12-31 15027947 bus:Director2 2023-07-25 2024-12-31 15027947 bus:Director3 2023-07-25 2024-12-31 15027947 core:ComputerEquipment core:TopRangeValue 2023-07-25 2024-12-31 15027947 core:OtherResidualIntangibleAssets 2023-07-25 2024-12-31 15027947 core:ComputerEquipment 2023-07-25 2024-12-31 15027947 bus:OrdinaryShareClass1 2023-07-25 2024-12-31 15027947 bus:OrdinaryShareClass2 2023-07-25 2024-12-31 15027947 bus:OrdinaryShareClass3 2023-07-25 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15027947 (England and Wales)

REBALANCE EARTH VENTURE LIMITED

Unaudited Financial Statements
For the financial period from 25 July 2023 to 31 December 2024
Pages for filing with the registrar

REBALANCE EARTH VENTURE LIMITED

Unaudited Financial Statements

For the financial period from 25 July 2023 to 31 December 2024

Contents

REBALANCE EARTH VENTURE LIMITED

COMPANY INFORMATION

For the financial period from 25 July 2023 to 31 December 2024
REBALANCE EARTH VENTURE LIMITED

COMPANY INFORMATION (continued)

For the financial period from 25 July 2023 to 31 December 2024
DIRECTORS W Al Saqqaf (Appointed 25 July 2023)
R J Gardner (Appointed 25 July 2023)
D Ward (Appointed 03 September 2024)
REGISTERED OFFICE 1 Fore Street Avenue
London
EC2Y 9DT
United Kingdom
COMPANY NUMBER 15027947 (England and Wales)
ACCOUNTANT S&W Partners LLP
Portwall Place
Portwall Lane
Bristol
BS1 6NA
REBALANCE EARTH VENTURE LIMITED

BALANCE SHEET

As at 31 December 2024
REBALANCE EARTH VENTURE LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024
£
Fixed assets
Intangible assets 3 128,291
Tangible assets 4 2,087
130,378
Current assets
Debtors 5 179,380
Cash at bank and in hand 5,765,829
5,945,209
Creditors: amounts falling due within one year 6 ( 153,358)
Net current assets 5,791,851
Total assets less current liabilities 5,922,229
Net assets 5,922,229
Capital and reserves
Called-up share capital 7 1
Share premium account 6,849,780
Profit and loss account ( 927,552 )
Total shareholders' funds 5,922,229

For the financial period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Rebalance Earth Venture Limited (registered number: 15027947) were approved and authorised for issue by the Board of Directors on 25 April 2025. They were signed on its behalf by:

W Al Saqqaf
Director
REBALANCE EARTH VENTURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 25 July 2023 to 31 December 2024
REBALANCE EARTH VENTURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 25 July 2023 to 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Rebalance Earth Venture Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The Company was incorporated on 25 July 2023 and commenced trading on this date. This is the Company's first set of financial statements. The address of the Company's registered office is 1 Fore Street Avenue, London, EC2Y 9DT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Rebalance Earth Venture Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Going concern

The financial statements have been prepared on a going concern basis.

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets not amortised
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

Period from
25.07.2023 to
31.12.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 3

3. Intangible assets

Other intangible assets Total
£ £
Cost
At 25 July 2023 0 0
Additions 128,291 128,291
At 31 December 2024 128,291 128,291
Accumulated amortisation
At 25 July 2023 0 0
At 31 December 2024 0 0
Net book value
At 31 December 2024 128,291 128,291

4. Tangible assets

Computer equipment Total
£ £
Cost
At 25 July 2023 0 0
Additions 2,243 2,243
At 31 December 2024 2,243 2,243
Accumulated depreciation
At 25 July 2023 0 0
Charge for the financial period 156 156
At 31 December 2024 156 156
Net book value
At 31 December 2024 2,087 2,087

5. Debtors

31.12.2024
£
Prepayments 73,098
VAT recoverable 55,182
Deposits 51,100
179,380

6. Creditors: amounts falling due within one year

31.12.2024
£
Trade creditors 40,320
Accruals 34,224
Other taxation and social security 37,164
Other creditors 41,650
153,358

7. Called-up share capital

31.12.2024
£
Allotted, called-up and fully-paid
176,617 Ordinary shares of £ 0.000005 each 0.88
35,240 B Ordinary shares of £ 0.000005 each 0.18
98,128 A Ordinary shares of £ 0.000005 each 0.49
1.55

On 25 July 2023, 2 Ordinary shares with a nominal value of £0.50 per share were issued for £1.

On 25 March 2024, 2 Ordinary shares were subdivided into 200,000 ordinary shares with a nominal value of £0.000005 per share.

On 25 March 2024, 4,746 Ordinary shares with a nominal value of £0.000005 per share were issued for £29.50 per share.

On 25 March 2024, 35,240 Ordinary shares were redesignated to B Ordinary shares of £0.000005 per share.

On 1 May 2024, 170 Ordinary shares with a nominal value of £0.000005 per share were issued for £29.50 per share.

On 27 May 2024, 6,941 Ordinary shares with a nominal value of £0.000005 per share were issued for £29.50 per share.

On 29 August 2024, 98,128 Ordinary shares with a nominal value of £0.000005 per share were issued for £66.24 per share.

Ordinary and A Ordinary shares hold full dividend and voting rights. B Ordinary shares hold no dividend or voting rights. On winding up, each B Ordinary share is entitled to £29.50.

8. Deferred tax

At the year end, the company had an unprovided deferred tax asset of £225,528 available to offset against future tax charges.