Extenda Retail Uk Ltd - Period Ending 2024-12-31

Registration number: 12973252

Extenda Retail Uk Ltd

Annual Report and Financial Statements

for the Year Ended 31 December 2024

Extenda Retail Uk Ltd

Contents

Company Information	1
Directors' Report	2
Statement of Financial Position	3
Notes to the Financial Statements	4 to 8

Extenda Retail Uk Ltd

Company Information

Directors

M Paul

N G T Falck

Registered office

Salatin House
19 Cedar Road
Sutton
England
SM2 5DA

Independent auditor

Shaw Gibbs (Audit) Limited
Statutory Auditor
Salatin House
19 Cedar Road
Sutton
Surrey
SM2 5DA

Extenda Retail Uk Ltd

Directors' Report for the Year Ended 31 December 2024

The directors present their annual report on the affairs of Extenda Retail Uk Ltd, together with the financial statements and the independent auditor's report for the year ended 31 December 2024.

Principal activity

The principal activity of the company is that of an intermediary for its parent undertaking in the provision of software solutions to the retail industry in the UK.

Directors of the company

The directors who held office during the year and up to the date of authorisation were as follows:

M Paul

N G T Falck

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.

Events after the financial period

There have been no significant events between the year end and the date of approval of these accounts which would require a change to, or disclosure in, the financial statements.

Disclosure of information to the auditors

Each director has taken steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information (as defined by section 418 of the Companies Act 2006) and to establish that the company's auditors are aware of that information. The directors confirm that there is no relevant information that they know of and of which they know the auditors are unaware.

Reappointment of auditors

The auditors Shaw Gibbs (Audit) Limited are deemed to be reappointed under section 487(2) of the Companies Act 2006.

Small companies provision statement

The director has taken advantage of the small companies exemptions provided by sections 414B and 415A of the Companies Act 2006 from the requirement to prepare a strategic report and in preparing the directors’ report on the grounds that the company is entitled to prepare its accounts for the year in accordance with the small companies regime.

The directors' report was approved by the Board on 22 September 2025 and signed on its behalf by:

.........................................
M Paul
Director

Extenda Retail Uk Ltd

(Registration number: 12973252)
Statement of Financial Position as at 31 December 2024

Note

2024
£

2023
£

Current assets

Receivables

4

175,766

162,492

Cash at bank

5

65,988

76,759

241,754

239,251

Payables: Amounts falling due within one year

6

(188,626)

(171,472)

Net assets

53,128

67,779

Equity

Called up share capital

7

1

1

Retained earnings

7

53,127

67,778

Shareholders' funds

53,128

67,779

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income statement has been taken.

The financial statements of Extenda Retail Uk Ltd were approved and authorised for issue by the Board on 22 September 2025 and signed on its behalf by:

.........................................

M Paul
Director

Extenda Retail Uk Ltd

Notes to the Financial Statements
for the Year Ended 31 December 2024

1	General information

Extenda Retail Uk Ltd (the 'company') is a private company limited by share capital, registered in England and Wales under the Companies Act. The address of the registered office is given on page 1. The nature of the company’s operations and its principal activities are set out in the directors' report on page 2.

2	Accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of the company is considered to be pound sterling (£) because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pound sterling (£).

Summary of disclosure exemptions

The company meets the definition of a qualifying entity under FRS 102 and has therefore taken advantage of the disclosure exemptions available to it in respect of its separate financial statements. The company is consolidated in the financial statements of its parent, Extenda Retail Holding 1 AB, which may be obtained from https://www.extendaretail.com/investor-relations. Exemptions have been taken in these separate company financial statements in relation to financial instruments, presentation of a cash flow statement, transactions with group entities and remuneration of key management personnel.

Critical judgements and key sources of estimation uncertainties

There were no key sources of estimation uncertainties or critical judgements made by the directors in the process of applying the company’s accounting policies with significant effect on the amounts recognised in the financial statements.

Extenda Retail Uk Ltd

Notes to the Financial Statements
for the Year Ended 31 December 2024 (continued)

2	Accounting policies (continued)

Revenue recognition

Revenue comprises the fair value of the commission received or receivable for the provision of services to the parent undertaking in the ordinary course of the company’s activities. Revenue is shown net of value added tax. The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Foreign currency transactions and balances

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the income statement.

Taxation

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise bank current accounts that are subject to an insignificant risk of
change in value.

Receivables

Trade and other receivables that are receivable within one year and do not constitute a financing
transaction are recorded at the undiscounted amount expected to be received, net of impairment. Those that are receivable after more than one year or that constitute a financing transaction are recorded initially at fair value less transaction costs and subsequently at amortised cost, net of impairment.

Payables

Trade and other payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade and other payables are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade and other payables that are payable within one year and do not constitute a financing
transaction are recorded at the undiscounted amount expected to be paid. Those that are payable after more than one year or that constitute a financing transaction are recorded initially at transaction price and subsequently at amortised cost using the effective interest method.

Extenda Retail Uk Ltd

Notes to the Financial Statements
for the Year Ended 31 December 2024 (continued)

2	Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company. Contributions are recognised in the income statement in the period in which they become payable.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3	Staff numbers

The average number of persons employed by the company during the year, was 3 (2023 - 2).

4	Receivables

	2024 £	2023 £
Amounts owed by group undertakings	171,917	161,710
Other receivables	1,981	782
Prepayments and accrued income	1,868	-
	175,766	162,492

The amounts owed by group undertakings disclosed as falling within one year are unsecured, payable on demand and are non-interest bearing.

Current	Note	2024 £	2023 £
Amounts owed by related parties	9	171,917	161,710
Prepayments		1,868	-
Other receivables		1,981	782
		175,766	162,492

Extenda Retail Uk Ltd

Notes to the Financial Statements
for the Year Ended 31 December 2024 (continued)

5	Cash and cash equivalents

	2024 £	2023 £
Cash at bank	65,988	76,759

6

Payables

	2024 £	2023 £
Due within one year
Amounts owed to group undertakings	-	11,370
Social security and other taxes	18,711	10,058
Corporation tax	-	12,330
Accruals	169,915	137,714
	188,626	171,472

The amounts owed to group undertakings disclosed as falling within one year are unsecured, payable on demand and are non interest bearing.

7	Share capital and reserves

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary share of £1	1	1	1	1

The company has one class of share capital which carries no right to fixed income.

Reserves
The retained earnings reserve represents cumulative profit or losses net of dividends paid and other adjustments.

Extenda Retail Uk Ltd

Notes to the Financial Statements
for the Year Ended 31 December 2024 (continued)

8	Pension scheme

Defined contribution pension scheme

The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £1,101 (2023 - £900) There were no outstanding or prepaid pension contributions at the year end (2023: £Nil).

9	Related party transactions

The company is a wholly owned subsidiary member of its group and has therefore taken advantage of the provisions of paragraph 1AC.35 of FRS 102 - Small Entities not to disclose transactions with entities that are wholly owned members of the group.

There were no other related party transactions to disclose.

10	Parent and ultimate parent undertaking

The company's immediate parent is Extenda Retail AS, incorporated in Sweden.

The ultimate parent undertaking and controlling party is Extenda Retail Holding 1 AB , incorporated in Sweden.

The most senior parent entity producing financial statements available for public use is Extenda Retail Holding 1 AB. These financial statements are available upon request from
https://www.extendaretail.com/investor-relations.

11	Events after the financial period

There have been no significant events between the year end and the date of approval of these accounts which would require a change to, or disclosure in, the financial statements.

12	Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 22 September 2025 was Ransford Agyei-Boamah, who signed for and on behalf of Shaw Gibbs (Audit) Limited.