The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

Coopsyx Limited is a private company limited by shares incorporated in England and Wales. The registered office is 10 Exchange Square, London, United Kingdom, EC2A 2BR.

The prior reporting period was extended from 31 October 2023 to 31 December 2023 so as to be coterminous with other group entities and accordingly the comparative financial statements have been prepared for the 14 month period from 1 November 2022 to 31 December 2023 and therefore the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Based on recent trading and revised projections of the company and group the directors have assessed the company's ability to meet its liabilities as they fall due. trueFollowing the acquisition of Optimity Holdings Limited by Vorboss Limited as per the events after the reporting date note to these financial statements, all group bank debt was repaid in full.

Furthermore Fern Trading Limited, a parent company as at the date of approval for these financial statements, will continue to support the operations of the company and group for a period of at least 12 months from the date on which the financial statements are approved. The directors will continue to monitor the situation and take any necessary actions. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

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 current liabilities.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The average monthly number of persons (including directors) employed by the company during the year was:

All assets are secured by fixed and floating charges relating to the group bank loan facility. The associated group bank loan has since been repaid in full.

Details of the company's subsidiaries at 31 December 2024 are as follows:

All assets are secured by fixed and floating charges relating to a group bank loan facility. The associated group bank loan has since been repaid in full.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report was unqualified.

As at 31 December 2024, the company had total commitments, guarantees and contingencies of £2,941,108 (2023: £2,775,215 ) in respect of group companies. The associated group bank loan has since been repaid in full.

On 3 July 2025 Optimity Holdings Limited, of which the company is a 100% subsidiary, was acquired in full by Vorboss Limited and group bank debt facilities were repaid in full.

Optimity Limited is the company's immediate parent company, whose registered address is 10 Exchange Square, London, EC2A 2BR (formerly 4a Byron House, Lansdowne Court, Chippenham, Wiltshire, SN14 6RZ).

The smallest and largest group of which Coopsyx Limited is a member and for which group accounts are prepared is headed by Optimity Holdings Limited, whose registered office is 10 Exchange Square, London, EC2A 2BR (formerly 4a Byron House, Lansdowne Court, Chippenham, Wiltshire, SN14 6RZ).

FPE Capital LLP was the company's ultimate controlling party as at 31 December 2024, a limited liability partnership whose registered office is 2nd Floor, 7 Swallow Street, London, England, W1B 4DE

Following an acquisition of Optimity Holdings Limited on 3 July 2025 by Vorboss Limited, the ultimate parent undertaking is Octopus Group Holdings Limited, whose registered office is 6th Floor 33, Holborn, London, England, EC1N 2HT.