REGISTERED NUMBER: 07980832 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

VALUE CHAIN LAB LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Ostroumov

Mr. J K Rissanen

SECRETARY:

Mr. M Ostroumov

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

07980832 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Intangible assets

4

2,205,600

2,655,200

Tangible assets

5

2,463

2,218

Investments

6

4,120

4,120

2,212,183

2,661,538

CURRENT ASSETS

Debtors

7

2,279,099

1,554,244

Cash at bank

14,921

204,607

2,294,020

1,758,851

CREDITORS

Amounts falling due within one year

8

2,800,261

4,051,033

NET CURRENT LIABILITIES

(506,241

)

(2,292,182

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,705,942

369,356

CAPITAL AND RESERVES

Called up share capital

9

440

251

Share premium

10

5,600,510

2,585,754

Revaluation reserve

10

4,495,999

4,495,999

Retained earnings

10

(8,391,007

)

(6,712,648

)

SHAREHOLDERS' FUNDS

1,705,942

369,356

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2025 and were signed on its behalf by:

Mr M Ostroumov - Director

1.	STATUTORY INFORMATION

Value Chain Lab Ltd 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.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer Equipment - 33.33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

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 is 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 to ... on a straight line basis over their expected useful economic lives, which range from ... to ... 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 September 2024

and 31 August 2025

4,496,000

AMORTISATION

At 1 September 2024

1,840,800

Amortisation for year

449,600

At 31 August 2025

2,290,400

NET BOOK VALUE

At 31 August 2025

2,205,600

At 31 August 2024

2,655,200

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2024

15,365

Additions

1,482

At 31 August 2025

16,847

DEPRECIATION

At 1 September 2024

13,147

Charge for year

1,237

At 31 August 2025

14,384

NET BOOK VALUE

At 31 August 2025

2,463

At 31 August 2024

2,218

6.	FIXED ASSET INVESTMENTS

31.8.25

31.8.24

£

£

Other investments not loans

4,120

4,120

Additional information is as follows:

Investments

- unlisted

£

COST

At 1 September 2024

and 31 August 2025

20

NET BOOK VALUE

At 31 August 2025

20

At 31 August 2024

20

Investments (neither listed nor unlisted) were as follows:

31.8.25

31.8.24

£

£

Cost/valuation b/f

4,100

4,100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

-

1,064,183

Other debtors

2,279,099

489,430

VAT

-

631

2,279,099

1,554,244

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

2,769,545

3,285,631

Social security and other taxes

16,919

20,849

Pension liability

1,083

909

Net wages

9,631

-

VAT

1,743

-

Other creditors

-

101,123

Director's current account

-

641,181

Accruals and deferred income

1,340

1,340

2,800,261

4,051,033

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

440,123

Ordinary Shares

0.001

440

251

189,500 Ordinary Shares shares of 0.001 each were allotted and fully paid for cash at par during the year.

10.

RESERVES

Retained

Share

Revaluation

earnings

premium

reserve

Totals

£

£

£

£

At 1 September 2024

(6,712,648

)

2,585,754

4,495,999

369,105

Deficit for the year

(1,678,359

)

(1,678,359

)

Revaluation reserve

-

3,014,756

-

3,014,756

At 31 August 2025

(8,391,007

)

5,600,510

4,495,999

1,705,502

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

Mr M Ostroumov

Balance outstanding at start of year

641,181

500,697

Amounts advanced

2,382,284

590,899

Amounts repaid

(3,023,465

)

(450,415

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

641,181

12.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.