Company No: 09721556 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTOR

R Pillay

REGISTERED OFFICE	Stonecross
	Trumpington High Street
	Cambridge
	CB2 9SU
	United Kingdom

COMPANY NUMBER

09721556 (England and Wales)

ACCOUNTANT	S&W Partners (East) LLP
	Stonecross
	Trumpington High Street
	Cambridge
	CB2 9SU

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	10,666		14,588
Investments	4	92,555		92,555
		103,221		107,143
Current assets
Debtors	5	1,017,158		596,973
Cash at bank and in hand		126,649		346,202
		1,143,807		943,175
Creditors: amounts falling due within one year	6	( 2,046,888)		( 1,575,072)
Net current liabilities		(903,081)		(631,897)
Total assets less current liabilities		(799,860)		(524,754)
Creditors: amounts falling due after more than one year	7	( 5,020)		( 30,623)
Net liabilities		( 804,880)		( 555,377)
Capital and reserves
Called-up share capital		111,247		111,247
Share premium account		1,438,091		1,438,091
Profit and loss account		( 2,354,218 )		( 2,104,715 )
Total shareholders' deficit		( 804,880)		( 555,377)

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

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Edgefolio UK Limited (registered number: 09721556) were approved and authorised for issue by the Director on 29 September 2025. They were signed on its behalf by:

R Pillay Director

1. Accounting policies

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

General information and basis of accounting

Edgefolio UK 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 address of the Company's registered office is Stonecross, Trumpington High Street, Cambridge, CB2 9SU, 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 Edgefolio UK Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis as continued support from the shareholders will enable the company to meet its liabilities as they fall due.

£738,695 (2023: £538,607) of the Company's current liabilities are owed to a wholly owned subsidiary, and whilst the terms of the loan are such that it is repayable on demand, it is unlikely that the subsidiary will call upon this debt until such a time that the company is in a position to settle this.

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 Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise on monetary items.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

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 Statement of Financial Position 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.

Tangible fixed assets

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

Office equipment	3 years straight line
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.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

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.

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.

If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	24		22

3. Tangible assets

	Office equipment		Computer equipment		Total
	£		£		£
Cost
At 01 January 2024	790		43,125		43,915
Additions	0		6,669		6,669
At 31 December 2024	790		49,794		50,584
Accumulated depreciation
At 01 January 2024	790		28,537		29,327
Charge for the financial year	0		10,591		10,591
At 31 December 2024	790		39,128		39,918
Net book value
At 31 December 2024	0		10,666		10,666
At 31 December 2023	0		14,588		14,588

4. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 January 2024	92,555		92,555
At 31 December 2024	92,555		92,555
Carrying value at 31 December 2024	92,555		92,555
Carrying value at 31 December 2023	92,555		92,555

5. Debtors

	2024		2023
	£		£
Trade debtors	820,207		336,659
Amounts owed by director	2,173		0
Prepayments	34,191		44,216
VAT recoverable	13,586		0
Corporation tax	12,130		88,801
Other debtors	134,871		127,297
	1,017,158		596,973

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans and overdrafts	10,648		10,242
Trade creditors	72,496		44,144
Amounts owed to Group undertakings	738,695		538,607
Accruals and deferred income	1,148,668		915,865
Other taxation and social security	67,240		59,886
Other creditors	9,141		6,328
	2,046,888		1,575,072

7. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans	5,020		15,846
Accruals	0		14,777
	5,020		30,623