Finds World Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 09806516

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		793,495		793,495
Tangible Assets	5		-		2,409

			793,495		795,904
CURRENT ASSETS
Cash at bank and in hand		-		5,485

		-		5,485
Creditors: Amounts Falling Due Within One Year	6	(13,608 )		(56,025 )

NET CURRENT ASSETS (LIABILITIES)			(13,608 )		(50,540 )

TOTAL ASSETS LESS CURRENT LIABILITIES			779,887		745,364

Creditors: Amounts Falling Due After More Than One Year	7		(27,881 )		(22,383 )

NET ASSETS			752,006		722,981

CAPITAL AND RESERVES
Called up share capital	8		615		615
Share premium account			2,559,662		2,559,662
Profit and Loss Account			(1,808,271 )		(1,837,296 )

SHAREHOLDERS' FUNDS			752,006		722,981

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Finds World Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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 George Mitchard

Director

24/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Finds World Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09806516 . The registered office is 14 Parfrey Street, London, W6 9EN.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Research and Development

Costs incurred in the development phase of the company's application have been capitalised. These costs will be amortised over a four year period from the date that the application is brought into use.

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:

Computer Equipment

3 years straight line

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 10)

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 January 2024	793,495

As at 31 December 2024	793,495

Net Book Value
As at 31 December 2024	793,495

As at 1 January 2024	793,495

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Finds World Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2024	9,209

As at 31 December 2024	9,209

Depreciation
As at 1 January 2024	6,800
Provided during the period	2,409

As at 31 December 2024	9,209

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	2,409

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	804	28,327
Other creditors	10,227	22,793
Taxation and social security	2,577	4,905

	13,608	56,025

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

	2024	2023
	£	£
Bank loans	27,881	22,383

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	615	615

9. Ultimate Controlling Party

The company's ultimate controlling party is Time Squared Technology Ltd by virtue of his ownership of 100% of the issued share capital in the company.

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