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REGISTERED NUMBER: 15174835 (England and Wales)















THE WEATHER COMPANY UK LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

29 SEPTEMBER 2023 TO 31 DECEMBER 2024






THE WEATHER COMPANY UK LIMITED (REGISTERED NUMBER: 15174835)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 SEPTEMBER 2023 TO 31 DECEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 6


THE WEATHER COMPANY UK LIMITED

COMPANY INFORMATION
FOR THE PERIOD 29 SEPTEMBER 2023 TO 31 DECEMBER 2024







DIRECTORS: R C Agarwal
M Love



SECRETARY: Vistra Cosec Limited



REGISTERED OFFICE: 7th Floor 50 Broadway
London
SW1H 0DB



REGISTERED NUMBER: 15174835 (England and Wales)



SENIOR STATUTORY AUDITOR: Niall Kingsley FCA



AUDITORS: Duncan & Toplis Audit Limited, Statutory Auditor
3 Princes Court
Royal Way
Loughborough
Leicestershire
LE11 5XR

THE WEATHER COMPANY UK LIMITED (REGISTERED NUMBER: 15174835)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 5,455
Tangible assets 5 42,988
48,443

CURRENT ASSETS
Debtors 6 1,010,334
Cash at bank 131,280
1,141,614
CREDITORS
Amounts falling due within one year 7 1,017,612
NET CURRENT ASSETS 124,002
TOTAL ASSETS LESS CURRENT LIABILITIES 172,445

CAPITAL AND RESERVES
Called up share capital 8 1
Retained earnings 172,444
SHAREHOLDERS' FUNDS 172,445

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:





M Love - Director


THE WEATHER COMPANY UK LIMITED (REGISTERED NUMBER: 15174835)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 SEPTEMBER 2023 TO 31 DECEMBER 2024

1. STATUTORY INFORMATION

The Weather Company UK 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.

The financial statements are presented in Pound Sterling (£) and rounded off to the nearest £.

The financial statements cover the individual entity.

The significant accounting policies applied in the preparation of these financial statements are set out below.

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. Turnover is recognised upon the provision of services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Tangible fixed assets are held at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Costs includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc33% on cost

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the income statement.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment is recognised immediately in the income statement.

Financial instruments
The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.


THE WEATHER COMPANY UK LIMITED (REGISTERED NUMBER: 15174835)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 SEPTEMBER 2023 TO 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern
The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The directors have considered the company's current performance, its current cash position and also that of the wider group in making their assessment that the company has adequate resources to continue its operations for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 12 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 5,870
At 31 December 2024 5,870
AMORTISATION
Charge for period 415
At 31 December 2024 415
NET BOOK VALUE
At 31 December 2024 5,455

THE WEATHER COMPANY UK LIMITED (REGISTERED NUMBER: 15174835)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 SEPTEMBER 2023 TO 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 67,259
At 31 December 2024 67,259
DEPRECIATION
Charge for period 24,271
At 31 December 2024 24,271
NET BOOK VALUE
At 31 December 2024 42,988

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 866,108
Other debtors 27,548
Prepayments 116,678
1,010,334

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 1,758
Amounts owed to group undertakings 916,949
Taxation 43,516
Other creditors 1,924
Accruals and deferred income 53,465
1,017,612

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary shares of £1 each £1 1

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

The Report of the Auditors was unqualified.

Niall Kingsley FCA (Senior Statutory Auditor)
for and on behalf of Duncan & Toplis Audit Limited, Statutory Auditor

THE WEATHER COMPANY UK LIMITED (REGISTERED NUMBER: 15174835)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 SEPTEMBER 2023 TO 31 DECEMBER 2024

10. OTHER FINANCIAL COMMITMENTS

The company has the following commitments due as follows:

2024
£   

Due in less than one year58,884
Due between two and five years60,648
119,532

11. RELATED PARTY DISCLOSURES

Francisco Partners, an investment firm based in the USA, acquired the assets of the company from International Business Machines Corporation (IBM) on 31 January 2024.

12. ULTIMATE CONTROLLING PARTY

The ultimate parent company is FP Zephyr Aggregator, L.P., a company based in the USA. The largest and smallest group in which the results are consolidated is Zephyr TopCo L.P. A set of consolidated financial statements can be obtained through the inquiry of directors of this company.