REGISTERED NUMBER: 12714211 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

TYCHETOOLS GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K A Dubin Wiedman

J M Moya Fernandez

R L Noach

M H de Falck Metelits

B M Abdinor-Reimer

REGISTERED OFFICE:

7a Abbey Business Park

Monks Walk

Farnham

Surrey

GU9 8HT

REGISTERED NUMBER:

12714211 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

444,710

Investments

5

-

1,068,677

-

1,513,387

CURRENT ASSETS

Debtors

6

1,056

1,198,934

Cash at bank and in hand

18,530

60,979

19,586

1,259,913

CREDITORS

Amounts falling due within one year

7

20,932

11,305

NET CURRENT (LIABILITIES)/ASSETS

(1,346

)

1,248,608

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,346

)

2,761,995

CAPITAL AND RESERVES

Called up share capital

1,448,670

1,448,670

Share premium

2,894,340

2,894,340

Capital redemption reserve

29,053

29,053

Retained earnings

(4,373,409

)

(1,610,068

)

(1,346

)

2,761,995

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.

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 May 2026 and were signed on its behalf by:

M H de Falck Metelits - Director

1.	STATUTORY INFORMATION

Tychetools Group 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.

The financial statements have been prepared on a going concern basis, which the directors consider to be appropriate, as they have agreed not to withdraw their loan account and to provide the necessary finance to enable the company to meet its liabilities as they fall due.

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 5 years.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

1,824,914

Disposals

(1,824,914

)

At 31 December 2025

-

AMORTISATION

At 1 January 2025

1,380,204

Charge for year

350,188

Eliminated on disposal

(1,730,392

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

444,710

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

1,068,677

Disposals

(1,068,677

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

1,068,677

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

1,190,552

Other debtors

-

4,324

Prepayments and accrued income

1,056

4,058

1,056

1,198,934

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

3,221

Directors' loan accounts

20,932

7,334

Accruals and deferred income

-

750

20,932

11,305

8.	RELATED PARTY DISCLOSURES

During the year, the company entered into transactions with its related party, Tychetools S.L.U., a member of the same group.

At the start of the financial year, amounts due from Tychetools S.L.U. totalled £1,052,276. During the year, no further significant transactions were undertaken with this related party following its entry into insolvency proceedings.

Following the liquidation of Tychetools S.L.U. during the year, the outstanding balance of £1,111,218 due to the company, together with the investment of £1,068,677, has been fully written off as irrecoverable and recognised as an expense in the profit and loss account.

In addition, an amount of £138,276 due from an entity under common control of the company’s shareholders has been written off during the year.

At the balance sheet date, no amounts are due from or to Tychetools S.L.U.

No guarantees have been given or received in respect of related party balances.

9.	DEFERRED TAX ASSET

No deferred tax asset has been recognised in these financial statements in respect of tax losses. This is due to the uncertainty as to when the asset will be recovered, which will depend upon the company's future taxable profits. There are tax losses carried forward of approximately £1,681,000 (2024 - £1,680,000), which if provided for would result in a deferred tax asset of approximately £319,000 (2024 - £319,000).