Conosco Group Limited

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

Registered number: 13741118

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	5	50		50

		50		50
NET CURRENT ASSETS (LIABILITIES)			50		50

TOTAL ASSETS LESS CURRENT LIABILITIES			50		50

NET ASSETS			50		50

CAPITAL AND RESERVES
Called up share capital	6		162		162
Profit and Loss Account			(112 )		(112 )

SHAREHOLDERS' FUNDS			50		50

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 N M Mlinaric

Director

24 December 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Conosco Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13741118 . The registered office is The Plaza, 535 Kings Road, London, SW10 0SZ.

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 financial statements have been prepared on a going concern basis.

The director has made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

2.3. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.4. Share-based payments

Where share options are awarded to employees, the fair value of the options at the date of grant is charged to profit or loss over the vesting period. Non-market vesting conditions are taken into account by adjusting the number of equity instruments expected to vest at each reporting date so that, ultimately, the cumulative amount recognised over the vesting period is based on the number of options that eventually vest. Market vesting conditions are factored into the fair value of the options granted. The cumulative expense is not adjusted for failure to achieve a market vesting condition.

The fair value of the award also takes into account non-vesting conditions. These are either factors beyond the control of either party (such as a target based on an index) or factors which are within the control of one or other of the parties (such as the Company keeping the scheme open or the employee maintaining any contributions required by the scheme).

Where the terms and conditions of options are modified before they vest, the increase in the fair value of the options, measured immediately before and after the modification, is also charged to profit or loss over the remaining vesting period.

Where equity instruments are granted to persons other than employees, profit or loss is charged with fair value of goods and services received.

2.5. Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 5)

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Conosco Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Investments

	Subsidiaries
	£
Cost
As at 1 April 2024	112

As at 31 March 2025	112

Provision
As at 1 April 2024	112

As at 31 March 2025	112

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	50	50

6. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	50	50
Called Up Share Capital has been paid up	112	112

Amount of Allotted, Called Up Share Capital	162	162

7. Share-based payments

In March 2022 the Company introduced a share option scheme granting shares over Ordinary share capital. The scheme consists of both qualifying EMI options and non-qualifying options.

The options issued vest over a period of up to 4 years and are exercisable at an exercise price ranging between £0.000001 and £0.037826 per share.

Charges in respect of the share option scheme are recognised in the Profit and Loss of the Company. A charge of £nil (2024: £nil) has been recognised.

	Weighted average exercise price (pence) 2025	Number 2025	Weighted average exercise price (pence) 2024	Number 2024
Outstanding at the beginning of the year	0.0378	2,250,000		-
Granted during the year			0.0378	2,337,500
Exercised during the year				-
Lapsed during the year	0.0378	(187,500)	0.0378	(87,500)
Outstanding at the end of the year	0.0378	2,062,500	0.0378	2.,250,000

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