2025-07-01 2025-12-31 2025-12-31 false 12814340 HEIDI PAY LTD 2026-03-30 false iso4217:GBP xbrli:pure 12814340 2025-06-30 12814340 2025-12-31 12814340 2025-07-01 2025-12-31 12814340 2024-06-30 12814340 2025-06-30 12814340 2024-07-01 2025-06-30 12814340 bus:SmallEntities 2025-07-01 2025-12-31 12814340 bus:AuditExempt-NoAccountantsReport 2025-07-01 2025-12-31 12814340 bus:FullAccounts 2025-07-01 2025-12-31 12814340 bus:PrivateLimitedCompanyLtd 2025-07-01 2025-12-31 12814340 core:WithinOneYear 2025-12-31 12814340 core:AfterOneYear 2025-12-31 12814340 core:WithinOneYear 2025-06-30 12814340 core:AfterOneYear 2025-06-30 12814340 core:ShareCapital 2025-12-31 12814340 core:SharePremium 2025-12-31 12814340 core:RevaluationReserve 2025-12-31 12814340 core:OtherReservesSubtotal 2025-12-31 12814340 core:RetainedEarningsAccumulatedLosses 2025-12-31 12814340 core:ShareCapital 2025-06-30 12814340 core:SharePremium 2025-06-30 12814340 core:RevaluationReserve 2025-06-30 12814340 core:OtherReservesSubtotal 2025-06-30 12814340 core:RetainedEarningsAccumulatedLosses 2025-06-30 12814340 core:LandBuildings 2025-12-31 12814340 core:PlantMachinery 2025-12-31 12814340 core:Vehicles 2025-12-31 12814340 core:FurnitureFittings 2025-12-31 12814340 core:OfficeEquipment 2025-12-31 12814340 core:NetGoodwill 2025-12-31 12814340 core:IntangibleAssetsOtherThanGoodwill 2025-12-31 12814340 core:ListedExchangeTraded 2025-12-31 12814340 core:UnlistedNon-exchangeTraded 2025-12-31 12814340 core:LandBuildings 2025-06-30 12814340 core:PlantMachinery 2025-06-30 12814340 core:Vehicles 2025-06-30 12814340 core:FurnitureFittings 2025-06-30 12814340 core:OfficeEquipment 2025-06-30 12814340 core:NetGoodwill 2025-06-30 12814340 core:IntangibleAssetsOtherThanGoodwill 2025-06-30 12814340 core:ListedExchangeTraded 2025-06-30 12814340 core:UnlistedNon-exchangeTraded 2025-06-30 12814340 core:LandBuildings 2025-07-01 2025-12-31 12814340 core:PlantMachinery 2025-07-01 2025-12-31 12814340 core:Vehicles 2025-07-01 2025-12-31 12814340 core:FurnitureFittings 2025-07-01 2025-12-31 12814340 core:OfficeEquipment 2025-07-01 2025-12-31 12814340 core:NetGoodwill 2025-07-01 2025-12-31 12814340 core:IntangibleAssetsOtherThanGoodwill 2025-07-01 2025-12-31 12814340 core:ListedExchangeTraded 2025-07-01 2025-12-31 12814340 core:UnlistedNon-exchangeTraded 2025-07-01 2025-12-31 12814340 core:MoreThanFiveYears 2025-07-01 2025-12-31 12814340 core:Non-currentFinancialInstruments 2025-12-31 12814340 core:Non-currentFinancialInstruments 2025-06-30 12814340 dpl:CostSales 2025-07-01 2025-12-31 12814340 dpl:DistributionCosts 2025-07-01 2025-12-31 12814340 core:LandBuildings 2025-07-01 2025-12-31 12814340 core:PlantMachinery 2025-07-01 2025-12-31 12814340 core:Vehicles 2025-07-01 2025-12-31 12814340 core:FurnitureFittings 2025-07-01 2025-12-31 12814340 core:OfficeEquipment 2025-07-01 2025-12-31 12814340 dpl:AdministrativeExpenses 2025-07-01 2025-12-31 12814340 core:NetGoodwill 2025-07-01 2025-12-31 12814340 core:IntangibleAssetsOtherThanGoodwill 2025-07-01 2025-12-31 12814340 dpl:GroupUndertakings 2025-07-01 2025-12-31 12814340 dpl:ParticipatingInterests 2025-07-01 2025-12-31 12814340 dpl:GroupUndertakings core:ListedExchangeTraded 2025-07-01 2025-12-31 12814340 core:ListedExchangeTraded 2025-07-01 2025-12-31 12814340 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2025-07-01 2025-12-31 12814340 core:UnlistedNon-exchangeTraded 2025-07-01 2025-12-31 12814340 dpl:CostSales 2024-07-01 2025-06-30 12814340 dpl:DistributionCosts 2024-07-01 2025-06-30 12814340 core:LandBuildings 2024-07-01 2025-06-30 12814340 core:PlantMachinery 2024-07-01 2025-06-30 12814340 core:Vehicles 2024-07-01 2025-06-30 12814340 core:FurnitureFittings 2024-07-01 2025-06-30 12814340 core:OfficeEquipment 2024-07-01 2025-06-30 12814340 dpl:AdministrativeExpenses 2024-07-01 2025-06-30 12814340 core:NetGoodwill 2024-07-01 2025-06-30 12814340 core:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 12814340 dpl:GroupUndertakings 2024-07-01 2025-06-30 12814340 dpl:ParticipatingInterests 2024-07-01 2025-06-30 12814340 dpl:GroupUndertakings core:ListedExchangeTraded 2024-07-01 2025-06-30 12814340 core:ListedExchangeTraded 2024-07-01 2025-06-30 12814340 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-07-01 2025-06-30 12814340 core:UnlistedNon-exchangeTraded 2024-07-01 2025-06-30 12814340 core:NetGoodwill 2025-12-31 12814340 core:IntangibleAssetsOtherThanGoodwill 2025-12-31 12814340 core:LandBuildings 2025-12-31 12814340 core:PlantMachinery 2025-12-31 12814340 core:Vehicles 2025-12-31 12814340 core:FurnitureFittings 2025-12-31 12814340 core:OfficeEquipment 2025-12-31 12814340 core:AfterOneYear 2025-12-31 12814340 core:WithinOneYear 2025-12-31 12814340 core:ListedExchangeTraded 2025-12-31 12814340 core:UnlistedNon-exchangeTraded 2025-12-31 12814340 core:ShareCapital 2025-12-31 12814340 core:SharePremium 2025-12-31 12814340 core:RevaluationReserve 2025-12-31 12814340 core:OtherReservesSubtotal 2025-12-31 12814340 core:RetainedEarningsAccumulatedLosses 2025-12-31 12814340 core:NetGoodwill 2025-06-30 12814340 core:IntangibleAssetsOtherThanGoodwill 2025-06-30 12814340 core:LandBuildings 2025-06-30 12814340 core:PlantMachinery 2025-06-30 12814340 core:Vehicles 2025-06-30 12814340 core:FurnitureFittings 2025-06-30 12814340 core:OfficeEquipment 2025-06-30 12814340 core:AfterOneYear 2025-06-30 12814340 core:WithinOneYear 2025-06-30 12814340 core:ListedExchangeTraded 2025-06-30 12814340 core:UnlistedNon-exchangeTraded 2025-06-30 12814340 core:ShareCapital 2025-06-30 12814340 core:SharePremium 2025-06-30 12814340 core:RevaluationReserve 2025-06-30 12814340 core:OtherReservesSubtotal 2025-06-30 12814340 core:RetainedEarningsAccumulatedLosses 2025-06-30 12814340 core:NetGoodwill 2024-06-30 12814340 core:IntangibleAssetsOtherThanGoodwill 2024-06-30 12814340 core:LandBuildings 2024-06-30 12814340 core:PlantMachinery 2024-06-30 12814340 core:Vehicles 2024-06-30 12814340 core:FurnitureFittings 2024-06-30 12814340 core:OfficeEquipment 2024-06-30 12814340 core:AfterOneYear 2024-06-30 12814340 core:WithinOneYear 2024-06-30 12814340 core:ListedExchangeTraded 2024-06-30 12814340 core:UnlistedNon-exchangeTraded 2024-06-30 12814340 core:ShareCapital 2024-06-30 12814340 core:SharePremium 2024-06-30 12814340 core:RevaluationReserve 2024-06-30 12814340 core:OtherReservesSubtotal 2024-06-30 12814340 core:RetainedEarningsAccumulatedLosses 2024-06-30 12814340 core:AfterOneYear 2025-07-01 2025-12-31 12814340 core:WithinOneYear 2025-07-01 2025-12-31 12814340 core:Non-currentFinancialInstruments core:CostValuation 2025-07-01 2025-12-31 12814340 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-07-01 2025-12-31 12814340 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-07-01 2025-12-31 12814340 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-07-01 2025-12-31 12814340 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-07-01 2025-12-31 12814340 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-07-01 2025-12-31 12814340 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-07-01 2025-12-31 12814340 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-07-01 2025-12-31 12814340 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-07-01 2025-12-31 12814340 core:Non-currentFinancialInstruments core:CostValuation 2025-12-31 12814340 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-12-31 12814340 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-12-31 12814340 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-12-31 12814340 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-12-31 12814340 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-12-31 12814340 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-12-31 12814340 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-12-31 12814340 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-12-31 12814340 core:Non-currentFinancialInstruments core:CostValuation 2025-06-30 12814340 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-06-30 12814340 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-06-30 12814340 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-06-30 12814340 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-06-30 12814340 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-06-30 12814340 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-06-30 12814340 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-06-30 12814340 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-06-30 12814340 bus:Director1 2025-07-01 2025-12-31 12814340 bus:Director2 2025-07-01 2025-12-31 12814340 bus:Director3 2025-07-01 2025-12-31 12814340 core:FurnitureFittingsToolsEquipment 2025-06-30 12814340 core:FurnitureFittingsToolsEquipment 2025-12-31 12814340 core:FurnitureFittingsToolsEquipment 2025-07-01 2025-12-31

HEIDI PAY LTD

Registered Number
12814340
(England and Wales)

Unaudited Financial Statements for the Period ended
31 December 2025

HEIDI PAY LTD
Company Information
for the period from 1 July 2025 to 31 December 2025

Directors | BOZZO, Matteo
| DE CESARE, Nicola
| PACE, Luigi

Registered Address | 124 City Road
| London
| EC1V 2NX

Registered Number | 12814340 (England and Wales)

HEIDI PAY LTD
Balance Sheet as at
31 December 2025

| Notes | 31 Dec 2025 |  | 30 Jun 2025
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Intangible assets | 3 |  |  | - |  |  |  | 135
Tangible assets | 4 |  |  | 12,625 |  |  |  | 18,578
Investments | 5 |  |  | 2,534,045 |  |  |  | 2,099,270
|  |  |  | 2,546,670 |  |  |  | 2,117,983
Current assets |  |  |  |  |  |  |  |
Debtors |  | 381,247 |  |  |  | 471,219 |  |
Cash at bank and on hand |  | 545,346 |  |  |  | 1,708,112 |  |
|  | 926,593 |  |  |  | 2,179,331 |  |
Creditors amounts falling due within one year | 6 | (4,993,283) |  |  |  | (5,932,359) |  |
Net current assets (liabilities) |  |  |  | (4,066,690) |  |  |  | (3,753,028)
Total assets less current liabilities |  |  |  | (1,520,020) |  |  |  | (1,635,045)
Creditors amounts falling due after one year | 7 |  |  | (16,488,930) |  |  |  | (14,460,640)
Provisions for liabilities | 8 |  |  | (698,080) |  |  |  | (684,400)
Net assets |  |  |  | (18,707,030) |  |  |  | (16,780,085)
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 275,100 |  |  |  | 275,100
Profit and loss account |  |  |  | (18,982,130) |  |  |  | (17,055,185)
Shareholders' funds |  |  |  | (18,707,030) |  |  |  | (16,780,085)

- 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 30 March 2026, and are signed on its behalf by:
BOZZO, Matteo Director Registered Company No. 12814340

HEIDI PAY LTD
Notes to the Financial Statements
for the period ended 31 December 2025

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

| 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).

| Revenue from sale of goods
--- | ---
| Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

| Employee benefits
--- | ---
| Contributions to defined contribution plans are expensed in the period to which they relate.

| 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
--- | ---
| The company classifies its primary intangible asset as a computer software platform designed for loan generation and management within the Buy Now Pay Later market. This software, being internally developed, is recognised as an intangible asset when it meets the criteria set out in FRS 102, Section 18. The software platform, tailored for loan generation and management in the Buy Now Pay Later sector, is measured initially at its cost. This cost encapsulates all directly attributable expenditures incurred during its creation and preparation to ensure it's operationally ready. Amortisation is provided for over 10 years. At each reporting date, an assessmentis made as to whether there are any indications that an asset may be impaired. These indications can be from external or internal sources of information.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

|  | Straight line (years)
| Fixtures and fittings | 5
| Office Equipment | 5

| Investments
--- | ---
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2025
| Average number of employees during the year | 19 |  | 20

3. | Intangible assets
--- | ---

|  | Other |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 July 25 | 1,288,948 |  | 1,288,948
| At 31 December 25 | 1,288,948 |  | 1,288,948
| Amortisation and impairment
| At 01 July 25 | 1,288,813 |  | 1,288,813
| Charge for year | 135 |  | 135
| At 31 December 25 | 1,288,948 |  | 1,288,948
| Net book value
| At 31 December 25 | - |  | -
| At 30 June 25 | 135 |  | 135

4. | Tangible fixed assets
--- | ---

|  | Fixtures & fittings |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £
| Cost or valuation
| At 01 July 25 | 3,173 |  | 57,655 |  | 60,828
| At 31 December 25 | 3,173 |  | 57,655 |  | 60,828
| Depreciation and impairment
| At 01 July 25 | 2,753 |  | 39,497 |  | 42,250
| Charge for year | 229 |  | 5,724 |  | 5,953
| At 31 December 25 | 2,982 |  | 45,221 |  | 48,203
| Net book value
| At 31 December 25 | 191 |  | 12,434 |  | 12,625
| At 30 June 25 | 420 |  | 18,158 |  | 18,578

5. | Fixed asset investments
--- | ---
| The following was the principal subsidiary undertaking of the Company: Name of Company - Holipay SRL Country of Incorporation - Italy Class of Shares - Ordinary % holding - 100 Principal Activity - Management Consultancy

|  | Investments in groups1 |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 July 25 | 2,099,270 |  | 2,099,270
| Additions | 434,775 |  | 434,775
| At 31 December 25 | 2,534,045 |  | 2,534,045
| Net book value
| At 31 December 25 | 2,534,045 |  | 2,534,045
| At 30 June 25 | 2,099,270 |  | 2,099,270

| Notes
--- | ---
| 1Investments in group undertakings and participating interests

6. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 1,748,551 |  | 1,540,994
| Taxation and social security | 1,028,377 |  | 1,273,073
| Other creditors | 8,731 |  | 4,286
| Accrued liabilities and deferred income | 2,207,624 |  | 3,114,006
| Total | 4,993,283 |  | 5,932,359

| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 7,503,490 |  | -
| Amounts owed to related parties | 8,985,440 |  | 14,460,640
| Total | 16,488,930 |  | 14,460,640

8. | Provisions for liabilities
--- | ---

|  | 2025 |  | 2025
--- | --- | --- | --- | ---
|  | £ |  | £
| Other provisions | 698,080 |  | 684,400
| Total | 698,080 |  | 684,400