FUNDINGXCHANGE LIMITED

Company Registration Number:
09228134 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 October 2023

End date: 31 December 2024

FUNDINGXCHANGE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

FUNDINGXCHANGE LIMITED

Balance sheet

As at 31 December 2024


Notes

15 months to 31 December 2024

2023


£

£
Fixed assets
Intangible assets: 3 4,415,492 3,747,994
Tangible assets: 4 36,269 20,804
Total fixed assets: 4,451,761 3,768,798
Current assets
Debtors: 5 1,256,925 533,534
Cash at bank and in hand: 2,086,468 287,873
Total current assets: 3,343,393 821,407
Creditors: amounts falling due within one year:   (741,611) (737,950)
Net current assets (liabilities): 2,601,782 83,457
Total assets less current liabilities: 7,053,543 3,852,255
Total net assets (liabilities): 7,053,543 3,852,255
Capital and reserves
Called up share capital: 601 529
Share premium account: 19,208,369 13,790,144
Other reserves: 209,492 209,492
Profit and loss account: (12,364,919) (10,147,910)
Shareholders funds: 7,053,543 3,852,255

The notes form part of these financial statements

FUNDINGXCHANGE LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 May 2025
and signed on behalf of the board by:

Name: Katrin Herrling
Status: Director

The notes form part of these financial statements

FUNDINGXCHANGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FUNDINGXCHANGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

15 months to 31 December 2024 2023
Average number of employees during the period 38 35

FUNDINGXCHANGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 October 2023 7,880,435
Additions 3,010,558
At 31 December 2024 10,890,993
Amortisation
At 01 October 2023 4,132,441
Charge for year 2,343,060
At 31 December 2024 6,475,501
Net book value
At 31 December 2024 4,415,492
At 30 September 2023 3,747,994

FUNDINGXCHANGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 October 2023 150,993
Additions 30,058
At 31 December 2024 181,051
Depreciation
At 01 October 2023 130,189
Charge for year 14,593
Other adjustments 0
At 31 December 2024 144,782
Net book value
At 31 December 2024 36,269
At 30 September 2023 20,804

FUNDINGXCHANGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

15 months to 31 December 2024 2023
££
Debtors due after more than one year: 1,256,925 533,534