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COMPANY REGISTRATION NUMBER: 10828423

Webdadi UK Holdings Limited

Filleted Unaudited Financial Statements

31 December 2024

Webdadi UK Holdings Limited

Financial Statements

Year ended 31 December 2024

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

Webdadi UK Holdings Limited

Statement of Financial Position

31 December 2024

| 2024 | 2023
Note | £ | £

Fixed assets

Intangible assets | 5 | 1 | 1
Tangible assets | 6 | 10,586 | 15,878
Investments | 7 | 600,100 | 600,100
| --------- | ---------
| 610,687 | 615,979

Current assets

Cash at bank and in hand | 98 | 98

Creditors: amounts falling due within one year | 8 | 377,662 | 426,101
| --------- | ---------
Net current liabilities | 377,564 | 426,003
| --------- | ---------
Total assets less current liabilities | 233,123 | 189,976
| --------- | ---------

Capital and reserves

Called up share capital | 200 | 200
Profit and loss account | 232,923 | 189,776
| --------- | ---------
Shareholders funds | 233,123 | 189,976
| --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the 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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Webdadi UK Holdings Limited

Statement of Financial Position (continued)

31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 1 October 2025 , and are signed on behalf of the board by:

Mr O Chapple
Director

Company registration number: 10828423

Webdadi UK Holdings Limited

Notes to the Financial Statements

Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7-8 Crescent Stables 139 Upper Richmond Road, Putney, London, SW15 2TN, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Equipment | - | 25% straight line

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 4 ).
5. Intangible assets

| Intellectual property rights
| £
Cost |
At 1 January 2024 and 31 December 2024 | 1
| ----
Amortisation |
At 1 January 2024 and 31 December 2024 | –
| ----
Carrying amount |
At 31 December 2024 | 1
| ----
At 31 December 2023 | 1
| ----

6. Tangible assets

| Equipment | Total
| £ | £
Cost |  |
At 1 January 2024 and 31 December 2024 | 21,170 | 21,170
| -------- | --------
Depreciation |  |
At 1 January 2024 | 5,292 | 5,292
Charge for the year | 5,292 | 5,292
| -------- | --------
At 31 December 2024 | 10,584 | 10,584
| -------- | --------
Carrying amount |  |
At 31 December 2024 | 10,586 | 10,586
| -------- | --------
At 31 December 2023 | 15,878 | 15,878
| -------- | --------

7. Investments

| Shares in group undertakings
| £
Cost |
At 1 January 2024 and 31 December 2024 | 600,100
| ---------
Impairment |
At 1 January 2024 and 31 December 2024 | –
| ---------

Carrying amount |
At 31 December 2024 | 600,100
| ---------
At 31 December 2023 | 600,100
| ---------

8. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Corporation tax | 7,473 | –
Social security and other taxes | 4,294 | 30,316
Other creditors | 365,895 | 395,785
| --------- | ---------
| 377,662 | 426,101
| --------- | ---------

9. Related party transactions
At the year end, £365,895 (2023: £395,785) was owed to a company related by common control.