ORGANIC100 LTD


Directors	WILLS, Robert Anthony Hamilton, The Hon
	WILLS, Sophie Elizabeth


Company Secretary	MBM SECRETARIAL SERVICES LIMITED


Registered Address	Regent House
	316a Beulah Hill
	London
	SE19 3HF


Registered Number	06017285 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Intangible assets	3		47,930		55,964
Tangible assets	4		3,323		18,276
			51,253		74,240
Current assets
Stocks		340,242		291,842
Debtors	5	535,924		390,228
Cash at bank and on hand		150,795		106,343
		1,026,961		788,413
Creditors amounts falling due within one year	6	(1,515,546)		(1,185,611)
Net current assets (liabilities)			(488,585)		(397,198)
Total assets less current liabilities			(437,332)		(322,958)
Creditors amounts falling due after one year	7		(3,635,539)		(2,982,938)
Net assets			(4,072,871)		(3,305,896)
Capital and reserves
Called up share capital			200		200
Profit and loss account			(4,073,071)		(3,306,096)
Shareholders' funds			(4,072,871)		(3,305,896)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 December 2025, and are signed on its behalf by:

WILLS, Robert Anthony Hamilton, The Hon
Director
Registered Company No. 06017285

ORGANIC100 LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:


	Reducing balance (%)	Straight line (years)
Fixtures and fittings	33	-
Office Equipment	-	3

	Stocks and work in progress
	Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	5		18

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 January 24	117,658	117,658
At 31 December 24	117,658	117,658
Amortisation and impairment
At 01 January 24	61,694	61,694
Charge for year	8,034	8,034
At 31 December 24	69,728	69,728
Net book value
At 31 December 24	47,930	47,930
At 31 December 23	55,964	55,964

4.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 24	134,724	11,169	145,893
Additions	620	895	1,515
Disposals	(9,931)	-	(9,931)
At 31 December 24	125,413	12,064	137,477
Depreciation and impairment
At 01 January 24	122,664	4,953	127,617
Charge for year	2,749	3,788	6,537
At 31 December 24	125,413	8,741	134,154
Net book value
At 31 December 24	-	3,323	3,323
At 31 December 23	12,060	6,216	18,276

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	436,468	327,084
Amounts owed by group undertakings	131	131
Other debtors	23,448	-
Prepayments and accrued income	75,877	63,013
Total	535,924	390,228

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	1,042,094	820,872
Bank borrowings and overdrafts	53,176	1,383
Taxation and social security	131,744	142,644
Other creditors	281,053	210,373
Accrued liabilities and deferred income	7,479	10,339
Total	1,515,546	1,185,611

7.	Creditors: amounts due after one year

	2024	2023
	£	£
Amounts owed to related parties	3,635,539	2,982,938
Total	3,635,539	2,982,938

8.	Events after reporting date
	The Company entered into an Asset Purchase Agreement in March 2025 to sell the majority of the assets of the company to a third party. The agreement provides for the continued services of the company pursuant to a Transitional Services Agreement. The sale is also subject to deferred payments. Despite this sale, the directors consider that the use of the going concern basis of accounting is still applicable at the date of approval of these accounts.

Events after reporting date

The Company entered into an Asset Purchase Agreement in March 2025 to sell the majority of the assets of the company to a third party.  The agreement provides for the continued services of the company pursuant to a Transitional Services Agreement.  The sale is also subject to deferred payments.
Despite this sale, the directors consider that the use of the going concern basis of accounting is still applicable at the date of approval of these accounts.

9.	Related party transactions
	Organic100 Limited is a wholly owned subsidiary of Coefficient Capital Limited, a company registered in England and Wales. The amount owed to the Parent Company at the balance sheet date was £ 3,635,539 (2023 £2,982,938)

10.	Controlling party
	Organic100 Limited is a wholly owned subsidiary of Coefficient Capital Limited, a company registered in England and Wales. The registered office of the Holding Company is Regent House, 316a Beulah Hill, London, United Kingdom, SE19 3HF