ACCOUNTS - Final Accounts preparation

Registered number: 10593795

ALGOBROKER LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

ALGOBROKER LIMITED

CONTENTS

	Page
Accountants' Report	1
Balance Sheet	2
Statement of Changes in Equity	3
Notes to the Financial Statements	4 - 6

ALGOBROKER LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ALGOBROKER LIMITED
FOR THE YEAR ENDED 31 JULY 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Algobroker Limited for the year ended 31 July 2025 which comprise the Balance Sheet, the Statement of Changes in Equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Algobroker Limited in accordance with the terms of our engagement letter dated 8 April 2026. Our work has been undertaken solely to prepare for your approval the financial statements of Algobroker Limited and state those matters that we have agreed to state to the director of Algobroker Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Algobroker Limited and its director for our work or for this report.

It is your duty to ensure that Algobroker Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Algobroker Limited. You consider that Algobroker Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Algobroker Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

BAGINSKY COHEN

CHARTERED ACCOUNTANTS

930 HIGH ROAD

LONDON

N12 9RT

22 May 2026

Page 1

ALGOBROKER LIMITED

REGISTERED NUMBER: 10593795

BALANCE SHEET

AS AT 31 JULY 2025

	2025	2025	2024	2024
Note	£	£	£	£


CURRENT ASSETS
Cash at bank and in hand	3	229,893		228,802
		229,893		228,802
Creditors: amounts falling due within one year	4	(20,180)		(34,891)
NET CURRENT ASSETS			209,713		193,911
TOTAL ASSETS LESS CURRENT LIABILITIES			209,713		193,911

NET ASSETS			209,713		193,911

CAPITAL AND RESERVES
Called up share capital	5	100	100
Profit and loss account		209,613	193,811
		209,713	193,911

The director considers 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 comprehensive income 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 on 22 May 2026.

B JACOBS

Director

The notes on pages 4 to 6 form part of these financial statements.

Page 2

ALGOBROKER LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 JULY 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
AT 1 AUGUST 2023	100	122,147	122,247
COMPREHENSIVE INCOME FOR THE YEAR
Profit for the year	-	81,664	81,664
Dividends: Equity capital	-	(10,000)	(10,000)

AT 1 AUGUST 2024	100	193,811	193,911
COMPREHENSIVE INCOME FOR THE YEAR
Profit for the year	-	35,802	35,802
Dividends: Equity capital	-	(20,000)	(20,000)
AT 31 JULY 2025	100	209,613	209,713

The notes on pages 4 to 6 form part of these financial statements.

Page 3

ALGOBROKER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1.ACCOUNTING POLICIES

1.1

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

1.2

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.

1.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

1.4

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

ALGOBROKER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1.ACCOUNTING POLICIES (CONTINUED)

1.5

TAXATION

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 balance sheet date in the countries where the Company operates and generates income.

1.6

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

1.7

CREDITORS

Short-term creditors are measured at the transaction price. 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.

1.8

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

EMPLOYEES

The average monthly number of employees, including the director, during the year was as follows:

	2025	2024
	No.	No.

Director	1	1

3.	CASH AND CASH EQUIVALENTS
		2025	2024
		£	£

Cash at bank and in hand	229,893	228,802
	229,893	228,802

Page 5

ALGOBROKER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

4.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£

Accruals	4,000	2,000
Corporation tax	8,477	24,474
Other taxation and social security	7,620	7,526
Other creditors	83	891
	20,180	34,891

5.	SHARE CAPITAL
		2025	2024
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

6.	PENSION COMMITMENTS

The company operates a defined contribution scheme. The assets are held seperately from thoes of the company in an independently authorised administered fund. The pension cost charged represents contributions payable by the company to the fund and amounted to £60,000 (2024 : £0).

Page 6