Flexible Fish Ltd

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

Registered number: 13967872

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		6,645,998		6,645,998

			6,645,998		6,645,998
Creditors: Amounts Falling Due Within One Year	5	(3,161,244 )		(3,219,244 )

NET CURRENT ASSETS (LIABILITIES)			(3,161,244 )		(3,219,244 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,484,754		3,426,754

NET ASSETS			3,484,754		3,426,754

CAPITAL AND RESERVES
Called up share capital	6		19		19
Share premium account			3,426,735		3,426,735
Profit and Loss Account			58,000		-

SHAREHOLDERS' FUNDS			3,484,754		3,426,754

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.

On behalf of the board

Mr Timothy Page

Director

09/12/2025

The notes on page 2 form part of these financial statements.

1. General Information

Flexible Fish Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13967872 . The registered office is Serendib House, , 67a Boston Manor Road, Brentford, TW8 9JQ.

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. Share based payments

The Company operates an Enterprise Management Incentive (“EMI”) share option scheme for the benefit of employees of its wholly owned subsidiary, Online Support Computing Ltd. Under the scheme, the Company grants options over its own ordinary shares. The Company has no obligation to settle these awards other than by issuing its own equity instruments.

Equity-settled share-based payment transactions are measured at the fair value of the equity instruments at the grant date. Where the fair value of the options at the grant date is assessed as nil, no charge is recognised in the profit and loss account of the subsidiary and no corresponding increase in the carrying value of the investment is recognised as the company has made no capital contribution to its wholly owned subsidiary.

3. Average Number of Employees

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

4. Investments

	Subsidiaries
	£
Cost
As at 1 April 2024	6,645,998

As at 31 March 2025	6,645,998

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	6,645,998

As at 1 April 2024	6,645,998

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to group undertakings	3,009,244	3,009,244
Other creditors	152,000	210,000

	3,161,244	3,219,244

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	19	19

7. Share based payment transactions

Page 2

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Flexible Fish Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

During the year, the company granted EMI share options over ordinary shares to certain employees of the company's wholly owned subsidiary.

Type of scheme. Enterprise Management Incentive (EMI)

Number of shares over which options granted. 100

Exercise price. £1,428.57

Grant date. May 2024

Vesting Conditions. Options are Exit Only Options

Contractual life of options. 10 years

Total Number of shares over which options granted at reporting date. 200

The company has assessed the fair value of the options at the date of grant in accordance with FRS 102 Section 26. Given the exercise price, expected volatility, and other option valuation inputs, the fair value has been assessed as Nill. As a result no share-based payment charge has been recognised in the profit and loss account for the current or prior period for the wholly owned subsidiary and no increase in the carrying value of the investment in the subsidiary has been recognised in these financial statements.

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