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REGISTERED NUMBER: 07926666 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 APRIL 2025 |

| FOR |

| TECHFELLOW LTD |

TECHFELLOW LTD (REGISTERED NUMBER: 07926666)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

TECHFELLOW LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 30 APRIL 2025

| DIRECTORS: | J Harrod

| P Redman

| REGISTERED OFFICE: | 30-34 North Street

| Hailsham

| East Sussex

| BN27 1DW

| REGISTERED NUMBER: | 07926666 (England and Wales)

| ACCOUNTANTS: | Watson Associates (Professional Services) Limited

| 30 - 34 North Street

| Hailsham

| East Sussex

| BN27 1DW

TECHFELLOW LTD (REGISTERED NUMBER: 07926666)

BALANCE SHEET

30 APRIL 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 99,900 |  | - |  |

Tangible assets | 5 | 3,130 |  | 6,209 |  |

103,030 |  | 6,209 |  |

CURRENT ASSETS

Debtors | 6 | 161,488 |  | 204,312 |  |

Cash at bank | 568,198 |  | 520,975 |  |

729,686 |  | 725,287 |  |

CREDITORS

Amounts falling due within one year | 7 | (87,240 | ) | (62,380 | ) |

NET CURRENT ASSETS | 642,446 |  | 662,907 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 745,476 |  | 669,116 |  |

PROVISIONS FOR LIABILITIES | (783 | ) | (1,552 | ) |

NET ASSETS | 744,693 |  | 667,564 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 720 |  | 720 |  |

Other reserves | 5,302 |  | 5,302 |  |

Retained earnings | 738,671 |  | 661,542 |  |

SHAREHOLDERS' FUNDS | 744,693 |  | 667,564 |  |

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.

TECHFELLOW LTD (REGISTERED NUMBER: 07926666)

BALANCE SHEET - continued

30 APRIL 2025

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 January 2026 and were signed on its behalf by:

P J Redman - Director

J Harrod - Director

TECHFELLOW LTD (REGISTERED NUMBER: 07926666)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1. | STATUTORY INFORMATION

| Techfellow Ltd 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.

| 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.

| Cryptocurrency are being amortised evenly over their estimated useful life of nil years.

| Tangible fixed assets

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

| Fixtures and fittings | - | 50% on cost

| Computer equipment | - | 50% on cost

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

| Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

| Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an 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.

| 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.

TECHFELLOW LTD (REGISTERED NUMBER: 07926666)

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.

| 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 - 14 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| Additions | 99,900 |  |

| At 30 April 2025 | 99,900 |  |

| NET BOOK VALUE

| At 30 April 2025 | 99,900 |  |

TECHFELLOW LTD (REGISTERED NUMBER: 07926666)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 May 2024 | 32,057 |  | 33,225 |  | 65,282 |  |

| Additions | 425 |  | 3,122 |  | 3,547 |  |

| Disposals | (4,519 | ) | (1,584 | ) | (6,103 | ) |

| At 30 April 2025 | 27,963 |  | 34,763 |  | 62,726 |  |

| DEPRECIATION

| At 1 May 2024 | 30,713 |  | 28,360 |  | 59,073 |  |

| Charge for year | 679 |  | 5,047 |  | 5,726 |  |

| Eliminated on disposal | (3,719 | ) | (1,484 | ) | (5,203 | ) |

| At 30 April 2025 | 27,673 |  | 31,923 |  | 59,596 |  |

| NET BOOK VALUE

| At 30 April 2025 | 290 |  | 2,840 |  | 3,130 |  |

| At 30 April 2024 | 1,344 |  | 4,865 |  | 6,209 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 148,647 |  | 179,037 |  |

| Other debtors | 12,841 |  | 25,275 |  |

161,488 |  | 204,312 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 5,799 |  | 1,584 |  |

| Taxation and social security | 70,799 |  | 43,013 |  |

| Other creditors | 10,642 |  | 17,783 |  |

87,240 |  | 62,380 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number |  | Class |  | Nominal |  | 2025 |  | 2024 |  |

|  | Value |  | £ |  | £ |  |

| 180 |  | Ordinary A |  | £1 |  | 180 |  | 180 |  |

| 180 |  | Ordinary B |  | £1 |  | 180 |  | 180 |  |

| 180 |  | Ordinary C |  | £1 |  | 180 |  | 180 |  |

| 180 |  | Ordinary D |  | £1 |  | 180 |  | 180 |  |

|  | 720 |  | 720 |  |

TECHFELLOW LTD (REGISTERED NUMBER: 07926666)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| At the year end an amount of £927 was owed to the company by its director which is repayable on demand.

10. | SHARE-BASED PAYMENT TRANSACTIONS

| Certain employees of the Company have been granted options in the share option scheme of the Company for the primary purpose of providing incentives to the selected employees. Under the scheme, the board of directors may grant options to eligible employees of the Company to subscribe for shares in the Company.

| The vesting conditions have been met to their full extent during the accounting period and therefore the fair value of the options, as assessed using the Black-Scholes pricing model, has been recognised in full via profit or loss.

| Outstanding at the end of the year were 42 options with a weighted average strike price (per share) of £314, an exercise price (per share) of £349 and a remaining weighted average contractual life of 6 years.