2nABLE Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12060897

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		210		252
Tangible Assets	5		2,614		971

			2,824		1,223
CURRENT ASSETS
Debtors	6	2,684		472
Cash at bank and in hand		1,045		1,981

		3,729		2,453
Creditors: Amounts Falling Due Within One Year	7	(5,378 )		(5,800 )

NET CURRENT ASSETS (LIABILITIES)			(1,649 )		(3,347 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,175		(2,124 )

Creditors: Amounts Falling Due After More Than One Year	8		(198,378 )		(137,527 )

NET LIABILITIES			(197,203 )		(139,651 )

CAPITAL AND RESERVES
Called up share capital	9		20		20
Profit and Loss Account			(197,223 )		(139,671 )

SHAREHOLDERS' FUNDS			(197,203)		(139,651)

Page 1

Page 2

2nABLE Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 3 December 2025 and were signed on its behalf by:

Mr B H Hedley

Director

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

2nABLE Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12060897 . The registered office is 85 St. Georges Road, Cheltenham, GL50 3DU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £139,651. The Company is supported through loans from connected companies. It has been confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the connected entity will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets 10 years straight line

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office Equipment	3 years straight line
Computer Equipment	3 years straight line

2.5. 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.

2.6. 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 current 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.

Page 3

Page 4

2nABLE Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

2.8. Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

2.9. Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: 2)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	420

As at 31 March 2025	420

Amortisation
As at 1 April 2024	168
Provided during the period	42

As at 31 March 2025	210

Net Book Value
As at 31 March 2025	210

As at 1 April 2024	252

5. Tangible Assets

	Office Equipment	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	4,980	15,215	20,195
Additions	2,588	-	2,588
Disposals	(608 )	-	(608 )

As at 31 March 2025	6,960	15,215	22,175

Depreciation
As at 1 April 2024	4,965	14,259	19,224
Provided during the period	338	607	945
Disposals	(608 )	-	(608 )

As at 31 March 2025	4,695	14,866	19,561

Net Book Value
As at 31 March 2025	2,265	349	2,614

As at 1 April 2024	15	956	971

Page 4

Page 5

2nABLE Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	2,684	472

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	116	1,136
Other creditors	5,262	4,664

	5,378	5,800

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Amounts owed to participating interests	198,378	137,527

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
400 Ordinary Shares of £ 0.05 each	20	20

10. Related Party Transactions

As at 31 March 2024 £2,104 (2023 £2,103) was owed to the directors. The loan is interest free and repayable on demand.

Page 5