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Company registration number:
14939658
EXTENDED LIMITED
Unaudited Filleted Abridged Financial Statements for the year ended
30 September 2025
EXTENDED LIMITED
Report to the board of directors on the preparation of the unaudited statutory financial statements of EXTENDED LIMITED
Year ended
30 September 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of EXTENDED LIMITED for the year ended 30 September 2025 which comprise the abridged statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practicing 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 icaew.com/regulations.
This report is made solely to the Board of Directors of EXTENDED LIMITED, as a body. Our work has been undertaken solely to prepare for your approval the abridged financial statements of EXTENDED LIMITED and state those matters that we have agreed to state to the Board of Directors of EXTENDED LIMITED, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EXTENDED LIMITED and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that EXTENDED LIMITED has kept adequate accounting records and to prepare statutory abridged financial statements that give a true and fair view of the assets, liabilities, financial position and loss of EXTENDED LIMITED. You consider that EXTENDED LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the abridged financial statements of EXTENDED 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 abridged financial statements.
Ruddham Consulting Limited
5th Floor
167-169 Great Portland Street
London
W1W 5PF
United Kingdom
EXTENDED LIMITED
Abridged Statement of Financial Position
30 September 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 4 | 10,404 |  | 11,565 |
Current assets |  |  |  |  |
Stocks |  | 353,589 |  | 11,623 |
Debtors |  | 3,932,147 |  | 1,067,460 |
Cash at bank and in hand |  | 124,327 |  | 2,401,411 |
|  | 4,410,063 |  | 3,480,494 |
Creditors: amounts falling due within one year |  | (2,579,835 | ) | (1,500 | )
Net current assets |  | 1,830,228 |  | 3,478,994 |
Total assets less current liabilities |  | 1,840,632 |  | 3,490,559 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 137 |  | 137 |
Share premium |  | 5,217,569 |  | 5,217,569 |
Other reserves |  | 400,722 |  | - |
Profit and loss account |  | (3,777,796 | ) | (1,727,147 | )
Shareholders funds |  | 1,840,632 |  | 3,490,559 |

For the year ending
30 September 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.

All of the members have consented to the preparation of the abridged statement of financial position and the abridged income statement for the year ended
30 September 2025
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged 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 income statement has not been delivered.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
26 June 2026
, and are signed on behalf of the board by:

Mr. Ruslan Fakhrutdinov
Director

Company registration number:
14939658
EXTENDED LIMITED
Notes to the Abridged Financial Statements
Year ended
30 September 2025

## 1 General information

Extended Limited is a private company limited by shares and is registered in England and Wales. The address of the registered office is
7 Bell Yard
,
London
,
WC2A 2JR
, United Kingdom.

## 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.

## Going concern

The Directors have prepared the financial statements on a going concern basis which requires the Directors to have a reasonable expectation that the Company has adequate resources to continue its operational existence for the foreseeable future and the Company has sufficient capital to meet its regulatory requirements for a period of at least twelve months from the date of approval of the financial statements. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.

## Tangible assets

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Office equipment | 33% straight line

## Stocks

Stocks represent digital currencies held by the company at the year end. Digital currencies are recognized in accordance with the requirements of FRS102.

## Share-based payments

The company operates an Enterprise Management Incentive (EMI) share option scheme for employees and has also granted equity-settled share-based awards to contractors in exchange for services received.
The fair value of equity-settled awards is determined at the grant date and recognized over the vesting period. For employee awards, the expense is recognized within "Other staff costs", while awards granted to contractors are recognized within "Other distribution costs", with a corresponding credit to the "share-based payment reserve" within equity.
The number of awards expected to vest is reviewed at each reporting date and the cumulative expense is adjusted to reflect the latest estimate. Upon exercise of options, the related balance in the share-based payment reserve is transferred to share capital and share premium. Amounts relating to lapsed awards are transferred to retained earnings.

## Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating loss.

## 3 Average number of employees

The average number of persons employed by the company during the year was
3
(2024:
3.00
).

## 4 Fixed assets

| Tangible assets
--- | ---
| £
Cost |  |
At 1 October 2024 | 17,518 |
Additions | 5,243 |
At 30 September 2025 | 22,761 |
Depreciation |  |
At 1 October 2024 | 5,953 |
Charge | 6,404 |
At 30 September 2025 | 12,357 |
Carrying amount |  |
At 30 September 2025 | 10,404 |
At 30 September 2024 | 11,565 |

## 5 Share-based payments

Nature and extent of share-based payment arrangements:
The Company operated an equity-settled Enterprise Management Incentive ("EMI") share option scheme for employees and granted equity-settled share-based awards to certain contractors in exchange for services received.
The principal terms of the arrangements are as follows:
(A) For Employees (EMI):
- Equity-settled
- Exercise price £0.00001 per option
- Vesting period 2–4 years
- Service conditions - continued employment
(B) For Contractors:
- Equity-settled
- Exercise price £0.00001 per option
- Vesting period 2–4 years
- Service conditions - Continued provision of services
Reconciliation of share options:
- Outstanding at 1 October 2024 -753,816
- Granted during the year - 229,375
- Outstanding at 30 September 2025 - 983,191
- Exercisable at 30 September 2025 - 435,091
- Weighted average exercise price (£) - 0.00001
Measurement of fair value:
Share options have been measured at the fair value of the underlying equity instruments at the grant date. The fair value of the underlying shares has been determined based on management's judgement, taking into consideration the information available at the grant date, including recent investment transactions and other relevant factors where applicable.
Awards granted to contractors have been measured by reference to the fair value of the equity instruments granted.
Modifications:
There were no modifications to the terms of the Company's share-based payment arrangements during the year.
Effect on the financial statements:
The total share-based payment expense recognized in profit or loss during the year was:
Year ended 2025
Other Staff costs - £73,456
Other distribution costs - £327,266
Total share-based payment expense - £400,722
The share-based payment reserve included within equity at 30 September 2025 amounted to £ 400,722 (2024: £Nil).
The Company had no liabilities arising from cash-settled share-based payment arrangements at the reporting date.