Privacy Culture Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 11618123

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,933		8,911
Investments	5		300,000		300,000

			306,933		308,911
CURRENT ASSETS
Debtors	6	183,098		296,885

		183,098		296,885
Creditors: Amounts Falling Due Within One Year	7	(342,087 )		(606,884 )

NET CURRENT ASSETS (LIABILITIES)			(158,989 )		(309,999 )

TOTAL ASSETS LESS CURRENT LIABILITIES			147,944		(1,088 )

Creditors: Amounts Falling Due After More Than One Year	8		(10,118 )		(29,456 )

NET ASSETS/(LIABILITIES)			137,826		(30,544 )

CAPITAL AND RESERVES
Called up share capital			131		128
Share premium account			573,910		498,925
Profit and Loss Account			(436,215 )		(529,597 )

SHAREHOLDERS' FUNDS			137,826		(30,544)

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Privacy Culture Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Alistair Cole

Director

30 June 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Privacy Culture Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11618123 . The registered office is Bouverie House, 160 Fleet Street, London, EC4A 2DQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. 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 profit.

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Privacy Culture Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 16 (2025: 22)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	6,563	17,510	24,073
Additions	-	333	333

As at 31 March 2026	6,563	17,843	24,406

Depreciation
As at 1 April 2025	4,422	10,740	15,162
Provided during the period	535	1,776	2,311

As at 31 March 2026	4,957	12,516	17,473

Net Book Value
As at 31 March 2026	1,606	5,327	6,933

As at 1 April 2025	2,141	6,770	8,911

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Privacy Culture Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 April 2025	350,000

As at 31 March 2026	350,000

Provision
As at 1 April 2025	50,000

As at 31 March 2026	50,000

Net Book Value
As at 31 March 2026	300,000

As at 1 April 2025	300,000

Investments are accounted for at cost less impairment, at fair value with changes in fair value recognized in profit or loss.

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	100,928	167,787
Other debtors	19,653	36,401
Corporation tax recoverable assets	62,517	92,697

	183,098	296,885

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	6,337	18,316
Bank loans and overdrafts	32,091	37,853
Other loans	-	54,845
Other taxes and social security	48,690	154,082
VAT	48,239	40,486
Other creditors	33,745	84,965
Deferred income	78,208	142,759
Accruals	12,300	48,000
Directors' loan accounts	82,477	25,578

	342,087	606,884

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	10,118	29,456

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Privacy Culture Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

9. Deferred Taxation

The Company has historically surrendered its available trading losses in exchange for payable research and development tax credits. Accordingly, no trading losses are available to carry forward against future taxable profits, and no deferred tax asset has been recognised in respect of tax losses at the reporting date.

10. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
68,000 Ordinary Shares of £0.001 each	68.00	68.00
33,000 Ordinary A shares of £0.001 each	33.00	33.00
29,594 Ordinary B shares of £0.001 each	29.59	27.28
	130.59	128.28

Shares issued during the period:	£
2,310 Ordinary B shares of £0.001 each	2.31

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