ACCOUNTS - Final Accounts preparation

Commitments under operating leases

At 30 September 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Company registration number: 09759426

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 SEPTEMBER 2025

	FITR. HOLDINGS LIMITED


FITR. HOLDINGS LIMITED

COMPANY INFORMATION

Directors	K Boyd
	L Cassidy
	M O'Keefe (resigned 29 July 2025)
	R Minchella (appointed 31 October 2025)


Registered number	09759426


Registered office	Richmond House
	Walkern Road
	Stevenage
	SG1 3QP


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


FITR. HOLDINGS LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 9


FITR. HOLDINGS LIMITED REGISTERED NUMBER:09759426

STATEMENT OF FINANCIAL POSITION

AS AT 30 SEPTEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Intangible fixed assets			1,245,969		1,103,702
Tangible fixed assets			16,038		3,665
			1,262,007		1,107,367
Current assets
Debtors: amounts falling due within one year	6	76,541		73,679
Cash at bank and in hand		77,219		172,063
		153,760		245,742
Creditors: amounts falling due within one year	7	(146,187)		(88,544)
Net current assets			7,573		157,198
Total assets less current liabilities			1,269,580		1,264,565
Creditors: amounts falling due after more than one year	8		(74,560)		(89,106)
Provisions for liabilities
Deferred tax		-		(150,504)
			-		(150,504)
Net assets			1,195,020		1,024,955

Capital and reserves
Called up share capital	1,936	1,916
Share premium account	1,789,204	1,786,224
Profit and loss account	(596,120)	(763,185)
	1,195,020	1,024,955

Page 1


FITR. HOLDINGS LIMITED REGISTERED NUMBER:09759426

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 SEPTEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

L Cassidy

Director

Date: 20 April 2026

The notes on pages 3 to 9 form part of these financial statements.

Page 2


FITR. HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1.	General information

Fitr. Holdings Limited 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.

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

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The directors have undertaken to continue their financial support of the company for the foreseeable future. On this basis the directors believe it is appropriate to prepare these accounts on a going concern basis.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Subscription income

Revenue from subscription-based services is recognised on a straight-line basis over the period of the subscription, as the customer simultaneously receives and consumes the benefits of access to the application throughout the subscription term. Revenue is recognised over the subscription period provided that:
• the amount of revenue can be measured reliably;
• it is probable that the Company will receive the consideration due under the subscription agreement; and
• the period over which the service is provided can be measured reliably.

Where subscription fees are invoiced in advance of the service period, the income is deferred and recognised as a liability (deferred income) until the service is provided.

Page 3


FITR. HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

The estimated useful lives range as follows:

Development expenditure

years

Page 4


FITR. HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

33% on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Employees

The average monthly number of employees, including directors, during the year was 8 (2024 - 8).

Page 5


FITR. HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4.	Intangible assets

		Development expenditure
		£
	Cost
	At 1 October 2024	2,487,497
	Additions - internal	673,387
	At 30 September 2025	3,160,884
	Amortisation
	At 1 October 2024	1,383,795
	Charge for the year on owned assets	531,120
	At 30 September 2025	1,914,915
	Net book value
	At 30 September 2025	1,245,969
	At 30 September 2024	1,103,702

Page 6


FITR. HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

5.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	At 1 October 2024	6,380
	Additions	16,207
	At 30 September 2025	22,587
	Depreciation
	At 1 October 2024	2,715
	Charge for the year on owned assets	3,834
	At 30 September 2025	6,549
	Net book value
	At 30 September 2025	16,038
	At 30 September 2024	3,665

Debtors

					2025	2024
					£	£


Other debtors	26,000	44,937
Prepayments and accrued income	39,778	28,742
Deferred taxation	10,763	-
	76,541	73,679

Page 7


FITR. HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	236	133
Trade creditors	15,819	13,421
Other taxation and social security	36,941	13,813
Other creditors	37,312	30,650
Accruals and deferred income	55,879	30,527
	146,187	88,544

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Other creditors	74,560	89,106
	74,560	89,106

9.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1,830,308 (2024 - 1,719,711) Ordinary A shares of £0.001 each	1,830	1,830
85,895 (2024 - 85,895) Ordinary B shares of £0.001 each	86	86
20,000 (2024 - 0) Ordinary M shares of £0.001 each	20	-

	1,936	1,916

On 14 March 2025 20,000 Ordinary M shares were issued at a value of £0.15 per share. This share class has no voting rights and no dividend rights.

Page 8


FITR. HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Not later than 1 year	69,429	96,480
Later than 1 year and not later than 5 years	104,000	-
	173,429	96,480

11.	Post balance sheet events

After the year end date, the company issued 14,674 Ordinary A shares, 265,320 Ordinary C1 shares, 29,480 Ordinary C2 shares and 83,527 Ordinary C3 shares each at par of £0.001 per share.

The aggregate nominal value of shares issued amounted to £393, and the excess of the issue price over nominal value, being £1,770,069, will be credited to the share premium account.

As the share issues were after the reporting date, it has not been recognised in these financial statements.

Page 9