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REGISTERED NUMBER: 12550869 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 April 2025 |

| for |

| Mynestbox Limited |

| Mynestbox Limited (Registered number: 12550869) |

Contents of the Financial Statements

for the Year Ended 30 April 2025

Page |

| Balance Sheet | 1 |

| Notes to the Financial Statements | 2 |

| Mynestbox Limited (Registered number: 12550869) |

Balance Sheet

30 April 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 170,106 |  | 226,808 |  |

Tangible assets | 5 | 18,071 |  | 12,782 |  |

188,177 |  | 239,590 |  |

CURRENT ASSETS

Debtors | 6 | 133,573 |  | 96,017 |  |

Cash at bank | 1,125,527 |  | 694,213 |  |

1,259,100 |  | 790,230 |  |

CREDITORS

Amounts falling due within one year | 7 | 46,342 |  | 32,627 |  |

NET CURRENT ASSETS | 1,212,758 |  | 757,603 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,400,935 |  | 997,193 |  |

CAPITAL AND RESERVES

Called up share capital | 29 |  | 25 |  |

Share premium | 3,496,195 |  | 2,282,557 |  |

Retained earnings | (2,095,289 | ) | (1,285,389 | ) |

1,400,935 |  | 997,193 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 17 December 2025 and were signed on its behalf by:

Dr H J Crosby - Director

| Mynestbox Limited (Registered number: 12550869) |

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. | STATUTORY INFORMATION

| Mynestbox Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 12550869

| Registered office: | 3 Wraxall Piece

| Green Lane

| Failand

| Bristol

| BS8 3TW

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Turnover

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

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Development costs are being amortised evenly over their estimated useful life of five years.

| Tangible fixed assets

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

| Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

| Computer Equipment - 20% reducing balance

| Plant and Machinery - 20% reducing balance

| Government grants

| Grants are recognised in the profit and loss account on systematic basis over the periods in which the entity recognises expenses for the related costs for which the grants are intended to compensate.

| Mynestbox Limited (Registered number: 12550869) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| 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

| 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 assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

| Classification of financial liabilities

| 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

| 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 payment ts 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.

| Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

| 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.

| Mynestbox Limited (Registered number: 12550869) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Research and development

| Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 11 (2024 - 9 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| Cost

| At 1 May 2024

| and 30 April 2025 | 283,510 |  |

| Amortisation

| At 1 May 2024 | 56,702 |  |

| Charge for year | 56,702 |  |

| At 30 April 2025 | 113,404 |  |

| Net book value

| At 30 April 2025 | 170,106 |  |

| At 30 April 2024 | 226,808 |  |

| Mynestbox Limited (Registered number: 12550869) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| Cost

| At 1 May 2024 | 18,688 |  |

| Additions | 8,807 |  |

| Disposals | (1,533 | ) |

| At 30 April 2025 | 25,962 |  |

| Depreciation

| At 1 May 2024 | 5,906 |  |

| Charge for year | 2,704 |  |

| Eliminated on disposal | (719 | ) |

| At 30 April 2025 | 7,891 |  |

| Net book value

| At 30 April 2025 | 18,071 |  |

| At 30 April 2024 | 12,782 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 45,874 |  | 12,859 |  |

| Other debtors | 87,699 |  | 83,158 |  |

133,573 |  | 96,017 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 25,276 |  | 12,794 |  |

| Taxation and social security | 10,362 |  | 9,205 |  |

| Other creditors | 10,704 |  | 10,628 |  |

46,342 |  | 32,627 |  |

8. | SHARE OPTIONS

| At the reporting date the company had 220,618 share options, all of which are equity settled. These options were granted between December 2020 and June 2024. Based on the Black-Scholes method, the value of the share options is not likely to be material and therefore no adjustment has been made within the financial statements. The directors consider the financial statements to show a true and fair position of the company despite this.

| The directors will review the position at the end of each year and recognise an accounting adjustment when considered material.