REGISTERED NUMBER: 08695200 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

ADCLARO LIMITED

PREVIOUSLY KNOWN AS RETAIL ALCHEMY LTD

Page

Company Information

1

Accountants' Report

2

Statement of Financial Position

3

to

4

Notes to the Financial Statements

5

to

10

DIRECTOR:

Mr R L Jones

REGISTERED OFFICE:

3rd Floor (South)

183 Eversholt Street

London

NW1 1BU

REGISTERED NUMBER:

08695200 (England and Wales)

ACCOUNTANTS:

Seymour Taylor Limited

First Floor North

40 Oxford Road

High Wycombe

Buckinghamshire

HP11 2EE

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Adclaro Limited for the year ended 30 September 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Adclaro Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Adclaro Limited and state those matters that we have agreed to state to the director of Adclaro Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Adclaro Limited and its director for our work or for this report.

It is your duty to ensure that Adclaro Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets,liabilities, financial position and profit of Adclaro Limited. You consider that Adclaro Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Adclaro Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore,express any opinion on the statutory financial statements.

Seymour Taylor Limited

First Floor North

40 Oxford Road

High Wycombe

Buckinghamshire

HP11 2EE

3 November 2025

FIXED ASSETS

Tangible assets

4

155,818

16,571

CURRENT ASSETS

Debtors

5

712,344

430,837

Cash at bank and in hand

14

10,026

712,358

440,863

CREDITORS

Amounts falling due within one year

6

384,916

136,806

NET CURRENT ASSETS

327,442

304,057

TOTAL ASSETS LESS CURRENT LIABILITIES

483,260

320,628

CREDITORS

Amounts falling due after more than one year

7

(265,871

)

(129,754

)

PROVISIONS FOR LIABILITIES

(11,610

)

(4,144

)

NET ASSETS

205,779

186,730

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

205,679

186,630

SHAREHOLDERS' FUNDS

205,779

186,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3 November 2025 and were signed by:

Mr R L Jones - Director

1.	STATUTORY INFORMATION

Adclaro Limited (previously known as Retail Alchemy Limited) is a private company limited by shares and incorporated in England & Wales.The registered office is 3rd Floor (South), 183 Eversholt Street, London, England, NW1 1BU.The company registration number is 08695200.

The presentational currency of these financial statements is Sterling (£), being the currency of the primary economic environment in which the company operates (its functional currency). All amounts in the financial statements have been rounded to the nearest pound unless otherwise stated.

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

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 consideration received or receivable for services provided, net of value added tax.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

The company assesses at each reporting date whether tangible fixed assets are impaired.

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimate useful life:

Fixtures and Fittings - reducing balance - 25%

Computer equipment - straight line - 3 years and 5 years

Depreciation methods, useful lives and residual values are reviewed if there is an indication of a significant change since the last annual reporting date in the pattern by which the company expects to consume an asset's future economic benefits.

Taxation

Tax on the profit or loss for the year comprises current and deferred tax. Tax is recognised in the profit and loss account except to the extent that it relates to items recognised directly in equity or other comprehensive income, in which case it is recognised directly in equity or other comprehensive income.

Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date, and any adjustment to tax payable in respect of previous years.

Deferred tax is provided on timing differences which arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Differences between accumulated depreciation and tax allowances for the cost of a fixed asset, if and when all conditions for retaining the tax allowances have been met, are not provided for. Deferred tax is not recognised on permanent differences arising because certain types of income or expense are non-taxable or are disallowable for tax or because certain tax charges or allowances are greater or smaller than the corresponding income or expense.

Deferred tax is measured at the tax rate that is expected to apply to the reversal of the related difference, using tax rates enacted or substantively enacted at the balance sheet date. Deferred tax balances are not discounted.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Transactions denominated in foreign currencies are translated into Sterling at the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities at the period end denominated in a foreign currency are translated into Sterling at the rate of exchange ruling at the balance sheet date. Exchange differences are taken into account when arriving at the operating profit.

Hire purchase and leasing commitments

Assets held under hire purchase contracts or finance leases are capitalised in the statement of financial position. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis..

Rentals applicable to operating leases, where substantially all of the benefits and risks of ownership remain with the lessor, are charged against profits on a straight line basis over the period of the lease.

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.

Impairment of financial 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 are largely independent of the cash inflows from other assets or group of assets.

Loans and borrowings

Interest-bearing loans and borrowings are recognised initially at the present value of future payments discounted at a market rate of interest. Subsequent to initial recognition, interest-bearing borrowings are stated at amortised cost using the effective interest method, less any impairment losses.

Loans and borrowing that are due within one year are not discounted to present value.

Financial instruments

The company has applied the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instrument Issues" of FRS 102 to its financial statements.

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

and

Computer

cost

fittings

equipment

Totals

£

£

£

£

COST

At 1 October 2024

-

2,165

34,346

36,511

Additions

58,595

-

104,425

163,020

Disposals

-

-

(2,108

)

(2,108

)

At 30 September 2025

58,595

2,165

136,663

197,423

DEPRECIATION

At 1 October 2024

-

1,864

18,076

19,940

Charge for year

3,907

101

18,184

22,192

Eliminated on disposal

-

-

(527

)

(527

)

At 30 September 2025

3,907

1,965

35,733

41,605

NET BOOK VALUE

At 30 September 2025

54,688

200

100,930

155,818

At 30 September 2024

-

301

16,270

16,571

5.

DEBTORS

30.9.25

30.9.24

£

£

Amounts falling due within one year:

Trade debtors

241,095

92,371

Other debtors

2,350

351

Directors' current accounts

233,118

257,949

Corporation tax

41,453

44,698

Prepayments and accrued income

125,506

4,256

643,522

399,625

Amounts falling due after more than one year:

Other debtors

68,822

31,212

Aggregate amounts

712,344

430,837

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts (see note 8)

91,323

35,511

Trade creditors

20,113

12,509

Corporation tax

10,878

24,241

Social security and other taxes

92,491

8,746

VAT

62,521

23,178

Other creditors

6,459

6,080

Accruals and deferred income

101,131

26,541

384,916

136,806

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans (see note 8)

265,871

129,754

Amounts falling due in more than five years:

Repayable by instalments

Business interruption loan

-

16,824

8.

LOANS

An analysis of the maturity of loans is given below:

30.9.25

30.9.24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

13,537

-

Business interruption loan

77,786

35,511

91,323

35,511

Amounts falling due between one and two years:

Business interruption loan

74,797

33,792

Amounts falling due between two and five years:

Business interruption loan

191,074

79,138

Amounts falling due in more than five years:

Repayable by instalments

Business interruption loan

-

16,824

9.	SECURED DEBTS

There is a fixed and floating charge over the company's assets in respect of the invoicing factoring agreement in place.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

100

Ordinary

£1

100

100

11.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies not included in the balance sheet amount to £2,298,116 (2024 - £402,992), of which £156,434 (2024 - £80,468) relates to operating lease commitments due in less than 1 year and £1,315,824 (2024 - £282,048) of which relates to operating lease commitments due between 1 and 5 years respectively. £825,858 (2024 - £40,476) relates to operating lease commitments due in over 5 years.

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

30.9.25

30.9.24

£

£

Mr R L Jones

Balance outstanding at start of year

257,949

195,564

Amounts advanced

132,340

62,884

Amounts repaid

-

(499

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

390,289

257,949

The loan to the director was repayable on demand and interest was charged at a rate of 2.25% per annum.