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Registered number: 15974742
ANIMA MIDCO LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
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ANIMA MIDCO LIMITED
COMPANY INFORMATION
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B R L Iversen (appointed 29 October 2024)
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R R J Kay (appointed 24 September 2024)
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H J Montgomery (appointed 29 October 2024)
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A C Price (appointed 24 September 2024)
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R Holmes (appointed 3 March 2026)
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Chartered Accountants & Statutory Auditor
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ANIMA MIDCO LIMITED
CONTENTS
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Independent Auditors' Report
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Statement of Comprehensive Income
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Statement of Changes in Equity
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Notes to the Financial Statements
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ANIMA MIDCO LIMITED
STRATEGIC REPORT
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
The directors present the Strategic Report for the 12 month period ended 31 August 2025.
The Company was incorporated on 24 September 2024.
The Company was incorporated on 24 September 2024. The principal activity of the Company is that of an intermediate holding company.
Principal risks and uncertainties
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The Company operates primarily as an intermediate holding entity within the Group and does not undertake significant trading activities. Its principal activities are limited to the receipt of dividend income from subsidiaries and the payment of administrative expenses. As such, the Company’s exposure to operational and market risks is minimal. However, the following risks and uncertainties have been identified:
Dependence on subsidiary performance
The Company’s ability to generate income is reliant on the financial performance and dividend-paying capacity of its trading subsidiary Psych-UK Limited. Any deterioration in the trading results, cash flows, or financial position of subsidiaries could impact the Company’s income and ability to meet its obligations.
Economic and market conditions
Broader economic factors, such as inflation, interest rate changes, or adverse market conditions, may indirectly affect the Company through their impact on subsidiary performance and dividend flows.
The directors regularly monitor these risks and consider them to be appropriately managed given the Company’s current structure and activities.
Financial key performance indicators
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As the Company is a non trading holding entity, its activities are limited to overseeing the Group rather than undertaking operational trading. The Directors therefore monitor high level indicators derived from the trading subsidiary’s performance, such as revenue, profitability and cash generation, together with Group level measures including liquidity and balance sheet strength. However, given that the Company itself has no trading operations and no standalone performance indicators that are material to an understanding of its financial position, the Directors consider that there are no KPIs requiring disclosure in these financial statements.
Directors' statement of compliance with section 172 duty to promote the success of the Company
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The directors have acted to promote the long-term success of the Company and Group, considering the interests of the Group's patients, employees, customers, suppliers, and the wider community. We remain committed to sustainable growth, high quality care, and responsible governance.
This report was approved by the board and signed on its behalf.
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ANIMA MIDCO LIMITED
DIRECTORS' REPORT
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
The directors present their report and the financial statements for the 12 month period ended 31 August 2025.
Directors' responsibilities statement
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The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the 12 month period, after taxation, amounted to £10,818,227.
Dividends of £11,059,928 were paid during the 12 month period ended 31 August 2025.
The directors who served during the 12 month period and up to the date of signing were:
B R L Iversen (appointed 29 October 2024)
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R R J Kay (appointed 24 September 2024)
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H J Montgomery (appointed 29 October 2024)
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A C Price (appointed 24 September 2024)
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R Holmes (appointed 3 March 2026)
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ANIMA MIDCO LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
Engagement with suppliers, customers and others
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Matters resulting in structural changes within the group are fully discussed with affected employees through a formal consultation process.
The Company periodically offers the employees the opportunity to complete an Employee Survey in order to understand, and act on, the views of its staff.
The Company engages with suppliers through structured procurement processes, ensuring ethical sourcing and timely payments.
The directors consider that fostering collaborative relationships with all business partners contributes to the long term success of the company and supports its strategic objectives.
Disclosure of information to auditors
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Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that:
∙so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and
∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.
Post balance sheet events
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There have been no significant events affecting the Company since the period end.
The auditors, Forvis Mazars LLP, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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ANIMA MIDCO LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ANIMA MIDCO LIMITED
Opinion
We have audited the financial statements of Anima Midco Limited (the ‘Company’) for the 12 month period ended 31 August 2025 which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and notes to the financial statements, including a summary of significant accounting policies.
The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
∙give a true and fair view of the state of the Company’s affairs as at 31 August 2025 and of its profit for the 12 month period then ended;
∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
∙have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the Annual Report and financial statements, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information contained within the Strategic Report and Directors' Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
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ANIMA MIDCO LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ANIMA MIDCO LIMITED
Other information (continued)
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
∙the financial statements are not in agreement with the accounting records and returns; or
∙certain disclosures of directors' remuneration specified by law are not made; or
∙we have not received all the information and explanations we require for our audit.
Responsibilities of Directors
As explained more fully in the Directors' Responsibilities Statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors intend either to liquidate the Company or to cease operations, or have no realistic alternative but to do so.
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ANIMA MIDCO LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ANIMA MIDCO LIMITED
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.
Based on our understanding of the company and its industry, we considered that non-compliance with the following laws and regulations might have a material effect on the financial statements: employment regulation, health and safety regulation and anti-money laundering regulation.
To help us identify instances of non-compliance with these laws and regulations, and in identifying and assessing the risks of material misstatement in respect to non-compliance, our procedures included, but were not limited to:
∙Inquiring of management and, where appropriate, those charged with governance, as to whether the company is in compliance with laws and regulations, and discussing their policies and procedures regarding compliance with laws and regulations;
∙Inspecting correspondence, if any, with relevant licensing or regulatory authorities;
∙Communicating identified laws and regulations to the engagement team and remaining alert to any indications of non-compliance throughout our audit; and
∙Considering the risk of acts by the company which were contrary to applicable laws and regulations, including fraud.
We also considered those laws and regulations that have a direct effect on the preparation of the financial statements, such as tax legislation, pension legislation, the Companies Act 2006.
In addition, we evaluated the directors' and management’s incentives and opportunities for fraudulent manipulation of the financial statements, including the risk of override of controls, and determined that the principal risks were related to posting manual journal entries to manipulate financial performance, management bias through judgements and assumptions in significant accounting estimates and significant one-off or unusual transactions.
Our audit procedures in relation to fraud included but were not limited to:
∙Making enquiries of the directors and management on whether they had knowledge of any actual, suspected or alleged fraud;
∙Gaining an understanding of the internal controls established to mitigate risks related to fraud;
∙Discussing amongst the engagement team the risks of fraud; and
∙Addressing the risks of fraud through management override of controls by performing journal entry testing.
There are inherent limitations in the audit procedures described above and the primary responsibility for the prevention and detection of irregularities including fraud rests with management. As with any audit, there remained a risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls.
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ANIMA MIDCO LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ANIMA MIDCO LIMITED
Auditor's responsibilities for the audit of the financial statements (continued)
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Use of the audit report
This report is made solely to the Company's members as a body in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members as a body for our audit work, for this report, or for the opinions we have formed.
Jonathan Marchant (Senior statutory auditor)
for and on behalf of
Forvis Mazars LLP
Chartered Accountants and Statutory Auditor
8th Floor
Assembly Building C
Cheese Lane
Bristol
BS2 0JJ
28 May 2026
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ANIMA MIDCO LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
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12 month period ended
31 August
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Income from fixed asset investments
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Interest payable and similar expenses
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Profit for the 12 month period
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There was no other comprehensive income for the 12 month period ended 31 August 2025.
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The notes on pages 11 to 22 form part of these financial statements.
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ANIMA MIDCO LIMITED
REGISTERED NUMBER: 15974742
BALANCE SHEET
AS AT 31 AUGUST 2025
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Debtors: amounts falling due after more than one year
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 11 to 22 form part of these financial statements.
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ANIMA MIDCO LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
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Comprehensive income for the 12 month period
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Profit for the 12 month period
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Total comprehensive income for the 12 month period
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Contributions by and distributions to owners
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Dividends: Equity capital
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Shares issued during the 12 month period
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Total transactions with owners
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On 30 May 2025 the Company paid dividends of £11,059,928. Prior to declaring the dividends the directors prepared relevant accounts which demonstrated that sufficient distributable reserves were available to make the distribution. Following the year end on 3 March 2026 the Company received dividend income which restored retained earnings in the Company.
The notes on pages 11 to 22 form part of these financial statements.
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
Anima Midco Limited is a private company limited by shares incorporated in England and Wales. The registered office is 33 Glasshouse Street, London, United Kingdom, W1B 5DG. The principal activity of the Company is that of a holding company.
The Company's functional and presentational currency is GBP. Monetary amounts in these financial statements are rounded to the nearest £.
2.Accounting policies
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Basis of preparation of financial statements
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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 disclosure requirements of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
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Financial Reporting Standard 102 - reduced disclosure exemptions
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The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of Anima Topco Limited as at 31 August 2025 and these financial statements may be obtained from 33 Glasshouse Street, London, W1B 5DG.
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Exemption from preparing consolidated financial statements
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The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
2.Accounting policies (continued)
Management have undertaken, at group level, a going concern assessment which covers a period at least 12 months from the date of the signing of the financial statements.
The accounts are prepared on a going concern basis, reflecting the Company's and its investors' commitment to continuing to provide and enhance services to its clients in what continues to be a core, progressive sector.
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
All borrowing costs are recognised in profit or loss in the 12 month period in which they are incurred.
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Current and deferred taxation
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The tax expense for the 12 month period 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 balance sheet 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 balance sheet 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 balance sheet date.
Investments in subsidiaries are measured at cost less accumulated impairment.
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
2.Accounting policies (continued)
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.
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Provisions for liabilities
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Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
Increases in provisions are generally charged as an expense to profit or loss.
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Other financial assets
Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
2.Accounting policies (continued)
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Financial instruments (continued)
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Impairment of financial assets
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.
Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.
If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.
Basic financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
Other financial instruments
Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.
Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
2.Accounting policies (continued)
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Financial instruments (continued)
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Derecognition of financial assets
Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
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.
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Judgments in applying accounting policies and key sources of estimation uncertainty
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In the application of the Company's accounting policies, the directors are required to make estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
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During the 12 month period ended 31 August 2025, the Company obtained the following services from the Company's auditors and their associates:
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12 month period ended
31 August
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Fees payable to the Company's auditors and their associates for the audit of the Company's financial statements
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Fees payable to the Company's auditors and their associates in respect of:
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All non-audit services not included above
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12 month period ended
31 August
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Dividends received from subsidiary undertakings
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Interest payable and similar expenses
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12 month period ended
31 August
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Other loan interest payable
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
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12 month period ended
31 August
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Origination and reversal of timing differences
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Factors affecting tax charge for the 12 month period
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The tax assessed for the 12 month period is lower than the standard rate of corporation tax in the UK of 25%. The differences are explained below:
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12 month period ended
31 August
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Profit on ordinary activities before tax
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Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25%
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Exempt ABGH distributions
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Total tax charge for the 12 month period
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Factors that may affect future tax charges
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There were no factors that may affect future tax charges.
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
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Dividends paid during the 12 month period ended 31 August 2025
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Investments in subsidiary companies
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The following were subsidiary undertakings of the Company:
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33 Glasshouse Street, London, United Kingdom, W1B 5DG
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33 Glasshouse Street, London, United Kingdom, W1B 5DG
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3b Fore Street, Camelford, Cornwall, United Kingdom, PL32 9PG
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PUK Management Services Limited*
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3b Fore Street, Camelford, Cornwall, United Kingdom, PL32 9PG
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Software Solutions South West Limited*
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3b Fore Street, Camelford, Cornwall, United Kingdom, PL32 9PG
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
Subsidiary undertakings (continued)
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The aggregate of the share capital and reserves as at 31 August 2025 and the profit or loss for the 12 month period ended on that date for the subsidiary undertakings were as follows:
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Aggregate of share capital and reserves
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PUK Management Services Limited*
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Software Solutions South West Limited*
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The results for Psych-UK Limited reflect the 18 month period ended 31 August 2025.
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Due after more than one year
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Amounts owed by group undertakings
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Amounts owed by group undertakings are unsecured, interest-free and have no fixed repayment terms. Notwithstanding this, the directors have confirmed to the relevant group companies that settlement will not be required within the twelve months following the balance sheet date. Accordingly, these balances have been presented as amounts falling due after more than one year.
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Creditors: Amounts falling due within one year
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Accruals and deferred income
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
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Creditors: Amounts falling due after more than one year
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Amounts owed to group undertakings
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Amounts owed to group undertakings are unsecured, interest-free and have no fixed repayment terms. Notwithstanding this, the directors have received confirmation from the relevant group companies that repayment will not be demanded within the twelve months following the balance sheet date. Accordingly, these balances have been presented as amounts falling due after more than one year.
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Analysis of the maturity of loans is given below:
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Amounts falling due 1-2 years
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Financial assets measured at amortised cost
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Financial liabilities measured at amortised cost
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Financial assets measured at amortised cost comprise amounts owed by group undertakings.
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Financial liabilities measured at amortised cost comprise amounts owed to group undertakings and loan notes.
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
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Charged to profit or loss
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The deferred tax asset is made up as follows:
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Tax losses and other deductions
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Allotted, called up and fully paid
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569,969 Ordinary shares of £1.00 each
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On incorporation, 1 Ordinary share with a nominal value of £1 was issued.
On 29 October 2024, 569,968 ordinary shares were issued with a nominal value of £1.
Each share is entitled to one vote in any circumstances. Each share is entitled pari passu to dividend payments or any other distribution. Each share is entitled pari passu to participate in a distribution arising from a winding up of the company. The shares are not redeemable.
Profit and loss account
The profit and loss account represents reserves that have accumulated through the normal course of trade.
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Related party transactions
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Exemption has been taken under paragraph 33.1A of FRS 102 not to disclose transactions between wholly owned group companies.
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ANIMA MIDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2025
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Post balance sheet events
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There are no events affecting the Company following the period end.
The Company's immediate and controlling parent undertaking is Anima Topco Limited, registered office 33 Glasshouse Street, London, W1B 5DG, incorporated in England and Wales. Anima Topco Limited is the smallest and largest group in which these results are consolidated is Anima Topco Limited. The registered office 33 Glasshouse Street, London, W1B 5DG, incorporated in England and Wales. The consolidated financial statements of Anima Topco Limited can be obtained from the Company's registered office.
The ultimate controlling party is Queen's Park Equity GP Co Limited (a company incorporated in the United Kingdom) by virtue of its majority ownership in Anima Topco Limited.
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