ACCOUNTS - Final Accounts preparation

Registered number: 15804960

MAIVEN LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

MAIVEN LTD

REGISTERED NUMBER: 15804960

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2025

	Period ended 30 June 2025
Note	£

Fixed assets
Tangible assets	4	5,962
Current assets
Debtors: amounts falling due within one year	5	16,164
Cash at bank and in hand		1,205,414
Creditors: amounts falling due within one year	6	(3,700)

Net assets		1,223,840

Capital and reserves
Called up share capital	7	26
Share premium account		1,500,020
Profit and loss account		(276,206)
		1,223,840

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 period 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 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 by:

L D G Mabika

Director

Date: 23 June 2026

The notes on pages 2 to 5 form part of these financial statements.

Page 1

MAIVEN LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

1.	General information

Maiven Ltd is a private limited company, limited by shares, registered in England and Wales, registration number 15804960. The registered office and trading address is 1 Wework, Fore Street Avenue, London, England, EC2Y 9DT.
The company was incorporated on 26 June 2024 and commenced trading on the same date.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A 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:

2.2

Going concern

During the period, the Company incurred a loss of £276,206 and, as at 30 June 2025, had net assets of £1,223,840, including cash balances of £1,205,414.
In March 2025, the Company successfully completed a seed funding round, raising approximately £1.5 million to support the continued development and scale-up of its platform. The Company is at an early stage of its commercial development and is currently investing in product development and growth.
The directors have prepared cash flow forecasts and, considering the funds raised during the period and the current cash position, are satisfied that the Company has sufficient resources to continue in operational existence for the foreseeable future and to meet its liabilities as they fall due.
Accordingly, the financial statements have been prepared 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.

Page 2

MAIVEN LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

2.Accounting policies (continued)

2.4

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.

2.5

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:

				Office equipment	-	25%
				Computer equipment	-	25%

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.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.7

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.

2.8

Creditors

Short-term creditors are measured at the transaction price.

Employees

The average monthly number of employees, including directors, during the period was 3.

Page 3

MAIVEN LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

4.	Tangible fixed assets

	Office equipment	Computer equipment	Total
	£	£	£
Cost or valuation
Additions	138	6,663	6,801
At 30 June 2025	138	6,663	6,801
Depreciation
Charge for the period	6	833	839
At 30 June 2025	6	833	839
Net book value
At 30 June 2025	132	5,830	5,962

Debtors

					2025
					£


	Other debtors	13,493
	Prepayments	2,671
		16,164

6.	Creditors: amounts falling due within one year
		2025
		£

	Accruals	3,700

Page 4

MAIVEN LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

7.	Share capital
		2025
		£

		Allotted, called up and fully paid

		2,021,444 Ordinary shares of £0.00001 each	20
		549,979 Pre-seed shares of £0.00001 each	6

			26

During the period, the Company undertook several equity issuances, including a subdivision of shares and subsequent allotments in October and December 2024.
The Company completed a seed funding round, raising £1.5 million through the issue of new shares at a premium. The proceeds have been recognised within share capital and share premium in accordance with their nominal value and the excess consideration received.
All shares issued during the period were fully paid.

8.	Pension commitments

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £2,311. Contributions totalling £851 were overpaid to the fund at the balance sheet date and are included in debtors.

9.	Related party transactions
	Included within debtors is a loan of £3,780 owing from a director of the Company. This loan is interest free, unsecured and repayable on demand.

Page 5