REGISTERED NUMBER: 14320104 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Whatnot Global Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Colburn

Ms M Khorsandi

J J Orta

SECRETARY:

Ms M Khorsandi

REGISTERED OFFICE:

12 New Fetter Lane

London

United Kingdom

EC4A 1JP

REGISTERED NUMBER:

14320104 (England and Wales)

AUDITORS:

Mark Arber Limited

Chartered Certified Accountants

& Statutory Auditors

71-75 Shelton Street

London

WC2H 9JQ

FIXED ASSETS

Tangible assets

4

34,469

42,861

CURRENT ASSETS

Debtors

5

3,901,149

1,760,727

Cash at bank

4,690,518

6,562,566

8,591,667

8,323,293

CREDITORS

Amounts falling due within one year

6

337,435

103,500

NET CURRENT ASSETS

8,254,232

8,219,793

TOTAL ASSETS LESS CURRENT LIABILITIES

8,288,701

8,262,654

CAPITAL AND RESERVES

Called up share capital

2

2

Share premium

8,248,291

8,248,291

Retained earnings

40,408

14,361

SHAREHOLDERS' FUNDS

8,288,701

8,262,654

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 19 December 2025 and were signed on its behalf by:

R Colburn - Director

1.	STATUTORY INFORMATION

Whatnot Global Limited 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.

These financial statements have been drawn up on the going concern basis. The company is dependent upon the support of its parent company, and only customer, in order to meet its working capital requirements. The parent company has provided assurances that this support will continue for a period that exceeds twelve months from the date of approval of these financial statements. No adjustments have been made in these accounts which might result from a withdrawal of that support.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss 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.

Share based compensation

The employees of the company are entitled to participate in the group share based compensation scheme. Cost is recognised in these financial statements based on the fair value of the awards at the date of grant, amortized over any vesting period that may apply. The company has taken the exemption provided in FRS 102 Section 1.12D not to disclose details of share-based payment arrangements concerning equity instruments of another group entity.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

49,099

Additions

7,273

At 31 December 2024

56,372

DEPRECIATION

At 1 January 2024

6,238

Charge for year

15,665

At 31 December 2024

21,903

NET BOOK VALUE

At 31 December 2024

34,469

At 31 December 2023

42,861

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

3,496,895

1,581,514

Other debtors

404,254

179,213

3,901,149

1,760,727

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

35,972

-

Amounts owed to group undertakings

-

45,355

Taxation and social security

169,301

46,974

Other creditors

132,162

11,171

337,435

103,500

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Arber (Senior Statutory Auditor)

for and on behalf of Mark Arber Limited

8.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Whatnot Inc. a company incorporated in the United States of America. The ultimate controlling party is unknown.

9.	RELATED PARTY TRANSACTION

The company has taken the exemption provided by FFRS 102 Section 33.1A not to disclose related party transactions with wholly owned subsidiaries within the group.