IRIS Accounts Production v25.4.12.37 13062190 Board of Directors Board of Directors 1.1.25 31.12.25 31.12.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13062190 2024-12-31 13062190 2025-12-31 13062190 2025-01-01 2025-12-31 13062190 2023-12-31 13062190 2024-01-01 2024-12-31 13062190 2024-12-31 13062190 ns15:EnglandWales 2025-01-01 2025-12-31 13062190 ns14:PoundSterling 2025-01-01 2025-12-31 13062190 ns10:Director1 2025-01-01 2025-12-31 13062190 ns10:Director2 2025-01-01 2025-12-31 13062190 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13062190 ns10:SmallEntities 2025-01-01 2025-12-31 13062190 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 13062190 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 13062190 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 13062190 ns10:FullAccounts 2025-01-01 2025-12-31 13062190 1 2025-01-01 2025-12-31 13062190 ns5:CurrentFinancialInstruments 2025-12-31 13062190 ns5:CurrentFinancialInstruments 2024-12-31 13062190 ns5:ShareCapital 2025-12-31 13062190 ns5:ShareCapital 2024-12-31 13062190 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 13062190 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 13062190 ns10:RegisteredOffice 2025-01-01 2025-12-31 13062190 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-01-01 2025-12-31 13062190 ns5:PlantMachinery 2025-01-01 2025-12-31 13062190 ns5:IntangibleAssetsOtherThanGoodwill 2024-12-31 13062190 ns5:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 13062190 ns5:IntangibleAssetsOtherThanGoodwill 2025-12-31 13062190 ns5:IntangibleAssetsOtherThanGoodwill 2024-12-31 13062190 ns5:PlantMachinery 2024-12-31 13062190 ns5:PlantMachinery 2025-12-31 13062190 ns5:PlantMachinery 2024-12-31 13062190 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 13062190 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31

REGISTERED NUMBER: 13062190 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MODUS ONLINE LIMITED

| MODUS ONLINE LIMITED (REGISTERED NUMBER: 13062190) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

| Statement of Financial Position | 1 |

| Notes to the Financial Statements | 3 |

| MODUS ONLINE LIMITED (REGISTERED NUMBER: 13062190) |

STATEMENT OF FINANCIAL POSITION

31 DECEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 17,150 |  | 21,150 |  |

Tangible assets | 5 | 467,908 |  | 479,763 |  |

485,058 |  | 500,913 |  |

CURRENT ASSETS

Debtors | 6 | 847,467 |  | 214,815 |  |

Cash at bank | 155,998 |  | 373,115 |  |

1,003,465 |  | 587,930 |  |

CREDITORS

Amounts falling due within one year | 7 | 837,580 |  | 513,741 |  |

NET CURRENT ASSETS | 165,885 |  | 74,189 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 650,943 |  | 575,102 |  |

PROVISIONS FOR LIABILITIES | 104,244 |  | 106,948 |  |

NET ASSETS | 546,699 |  | 468,154 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 546,599 |  | 468,054 |  |

SHAREHOLDERS' FUNDS | 546,699 |  | 468,154 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

| MODUS ONLINE LIMITED (REGISTERED NUMBER: 13062190) |

STATEMENT OF FINANCIAL POSITION - continued

31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2026 and were signed on its behalf by:

J Thame - Director

G Noble - Director

| MODUS ONLINE LIMITED (REGISTERED NUMBER: 13062190) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Modus Online 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: | 13062190

| Registered office: | 4 Office Village

| Forder Way

| Cygnet Park

| Peterborough

| Cambridgeshire

| PE7 8GX

| 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.

| Significant judgements and estimates

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

| Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

| 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.

| Patents and licences are being amortised evenly over their estimated useful life of 20 years.

| Trademarks are not currently being amortised and are held at cost.

| Software development costs are being amortised evenly over their estimated useful life of 5 years.

| MODUS ONLINE LIMITED (REGISTERED NUMBER: 13062190) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

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

| Plant and machinery etc | - | 33% on cost, 10% on reducing balance and 2% on reducing balance

| At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

| Financial instruments

| The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

| Financial assets - trade and other debtors are basic financial instruments and debt instruments are measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

| Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| Pension costs and other post-retirement benefits

| The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £312,186 (2024 - £108,950). Contributions totalling £nil (2024 - £nil) were payable to the fund at the balance sheet date and are included in creditors.

| MODUS ONLINE LIMITED (REGISTERED NUMBER: 13062190) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Debtors

| Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

| Creditors

| Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 18 (2024 - 17 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 22,150 |  |

| AMORTISATION

| At 1 January 2025 | 1,000 |  |

| Charge for year | 4,000 |  |

| At 31 December 2025 | 5,000 |  |

| NET BOOK VALUE

| At 31 December 2025 | 17,150 |  |

| At 31 December 2024 | 21,150 |  |

| MODUS ONLINE LIMITED (REGISTERED NUMBER: 13062190) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2025 | 653,707 |  |

| Additions | 51,473 |  |

| At 31 December 2025 | 705,180 |  |

| DEPRECIATION

| At 1 January 2025 | 173,944 |  |

| Charge for year | 63,328 |  |

| At 31 December 2025 | 237,272 |  |

| NET BOOK VALUE

| At 31 December 2025 | 467,908 |  |

| At 31 December 2024 | 479,763 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 769,033 |  | 154,609 |  |

| Amounts owed by associates | 10,120 |  | - |  |

| Other debtors | 68,314 |  | 60,206 |  |

847,467 |  | 214,815 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 57,190 |  | 48,891 |  |

| Taxation and social security | 241,806 |  | 92,795 |  |

| Other creditors | 538,584 |  | 372,055 |  |

837,580 |  | 513,741 |  |

8. | RELATED PARTY DISCLOSURES

| At the year end a director was owed £20,554 (2024 - £61,909). This loan is unsecured, interest free and repayable on demand.

| At the year end a director was owed £3,161 (2024 - £3,161). This loan is unsecured, interest free and repayable on demand.

9. | ULTIMATE CONTROLLING PARTY

| There is no ultimate controlling party. The shareholding is split 50:50 between J Thame and G Noble.