BrightAccountsProduction v1.0.0 v1.0.0 2024-11-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity for the year under review was television interactive program distribution. 1 July 2026 5 4 15250727 2025-10-31 15250727 2024-10-31 15250727 2023-10-31 15250727 2024-11-01 2025-10-31 15250727 2023-11-01 2024-10-31 15250727 uk-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 15250727 uk-curr:PoundSterling 2024-11-01 2025-10-31 15250727 uk-bus:FullAccounts 2024-11-01 2025-10-31 15250727 uk-bus:Director1 2024-11-01 2025-10-31 15250727 uk-bus:Director2 2024-11-01 2025-10-31 15250727 uk-bus:Director3 2024-11-01 2025-10-31 15250727 uk-bus:RegisteredOffice 2024-11-01 2025-10-31 15250727 uk-bus:Agent1 2024-11-01 2025-10-31 15250727 uk-core:ShareCapital 2025-10-31 15250727 uk-core:ShareCapital 2024-10-31 15250727 uk-core:SharePremium 2025-10-31 15250727 uk-core:SharePremium 2024-10-31 15250727 uk-core:RetainedEarningsAccumulatedLosses 2025-10-31 15250727 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 15250727 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-10-31 15250727 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-10-31 15250727 uk-bus:FRS102 2024-11-01 2025-10-31 15250727 uk-core:FurnitureFittingsToolsEquipment 2024-11-01 2025-10-31 15250727 uk-core:CurrentFinancialInstruments 2025-10-31 15250727 uk-core:CurrentFinancialInstruments 2024-10-31 15250727 uk-core:WithinOneYear 2025-10-31 15250727 uk-core:WithinOneYear 2024-10-31 15250727 2024-11-01 2025-10-31 15250727 uk-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: 15250727

Gaggl Ltd

Directors' Report and Unaudited Financial Statements

for the financial year ended 31 October 2025

Gaggl Ltd

DIRECTORS AND OTHER INFORMATION

Directors | Mr Greg Miall
| Mr Adam Harris
| Mr James Duffield
Company Registration Number | 15250727
Registered Office and Business Address | 2 Frederick Street,
| Kings Cross
| London
| WC1X 0ND
| United Kingdom
Accountants | Jarem Accountancy Services Limited
| 10 Leighton Industrial Park
| Billington Road
| Leighton Buzzard
| LU7 4AJ
| GB

Gaggl Ltd

DIRECTORS' REPORT

for the financial year ended 31 October 2025

The directors present their report and the unaudited financial statements for the financial year ended 31 October 2025.

Directors

The directors who served during the financial year are as follows:

Mr Greg Miall

Mr Adam Harris

Mr James Duffield

There were no changes in shareholdings between 31 October 2025 and the date of signing the financial statements.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mr Greg Miall

Director

1 July 2026

Gaggl Ltd

PROFIT AND LOSS ACCOUNT

for the financial year ended 31 October 2025

|  | 2025 |  | 2024
| Notes | £ |  | £

Turnover |  | 118,991 |  | 23,920
Cost of sales |  | (218,884) |  | (63,591)
|  | ───────── |  | ─────────
Gross loss |  | (99,893) |  | (39,671)
Administrative expenses |  | (417,623) |  | (19,224)
|  | ───────── |  | ─────────
Operating loss |  | (517,516) |  | (58,895)
Other gains and losses | 3 | 5,385 |  | -
Interest receivable and similar income |  | 1,868 |  | 58
|  | ───────── |  | ─────────
Loss before taxation |  | (510,263) |  | (58,837)
Tax on loss |  | - |  | -
|  | ───────── |  | ─────────
Loss for the financial year |  | (510,263) |  | (58,837)
|  | ═════════ |  | ═════════

Gaggl Ltd

Company Registration Number: 15250727

BALANCE SHEET

as at 31 October 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 5 | 995 |  | 988
|  |  | ───────── |  | ─────────
Current Assets

Debtors |  | 6 | 3,071 |  | 1,764
Cash and cash equivalents |  |  | 164,745 |  | 154,823
|  |  | ───────── |  | ─────────
|  |  | 167,816 |  | 156,587
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 7 | (308,924) |  | (212,465)
|  |  | ───────── |  | ─────────
Net Current Liabilities |  |  | (141,108) |  | (55,878)
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | (140,113) |  | (54,890)
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 2 |  | 2
Share premium account |  | 9 | 428,985 |  | 3,945
Retained earnings |  |  | (569,100) |  | (58,837)
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | (140,113) |  | (54,890)
|  |  | ═════════ |  | ═════════
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).

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Approved by the Board and authorised for issue on 1 July 2026 and signed on its behalf by

________________________________ |  |  |  |  |
Mr Greg Miall |  |  |  |  |
Director |  |  |  |  |

Gaggl Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 October 2025

1. | General Information
| Gaggl Ltd is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 15250727. The registered office of the company is 2 Frederick Street,, Kings Cross, London, WC1X 0ND, United Kingdom which is also the principal place of business of the company. The principal activity for the year under review was television interactive program distribution. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial year ended 31 October 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Fixtures, fittings and equipment | - | 33% Straight line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Employee benefits
| 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 company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Other Gains and Losses | 2025 | 2024
|  | £ | £
| Fair value gains and losses are as follows:
| Foreign exchange | 5,385 | -
|  | ═════════ | ═════════

4. | Employees
| The average monthly number of employees, including directors, during the financial year was 5, (2024 - 4).
|  | 2025 | 2024
|  | Number | Number
| Administration | 5 | 4
|  | ═════════ | ═════════

5. | Tangible assets
|  | Fixtures, | Total
|  | fittings and |
|  | equipment |
|  | £ | £
| Cost
| At 1 November 2024 | 1,481 | 1,481
| Additions | 749 | 749
|  | ───────── | ─────────
| At 31 October 2025 | 2,230 | 2,230
|  | ───────── | ─────────
| Depreciation
| At 1 November 2024 | 493 | 493
| Charge for the financial year | 742 | 742
|  | ───────── | ─────────
| At 31 October 2025 | 1,235 | 1,235
|  | ───────── | ─────────
| Net book value
| At 31 October 2025 | 995 | 995
|  | ═════════ | ═════════
| At 31 October 2024 | 988 | 988
|  | ═════════ | ═════════

6. | Debtors | 2025 | 2024
|  | £ | £
| Other debtors | 143 | -
| Taxation (Note 8) | 2,928 | 1,764
|  | ───────── | ─────────
|  | 3,071 | 1,764
|  | ═════════ | ═════════

7. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Trade creditors | 30,670 | -
| Taxation (Note 8) | 1,677 | -
| Other creditors | - | 211,001
| Accruals and deferred income:
| Pension accrual | 525 | -
| Other accruals | 276,052 | 1,464
|  | ───────── | ─────────
|  | 308,924 | 212,465
|  | ═════════ | ═════════

8. | Taxation | 2025 | 2024
|  | £ | £
| Debtors:
| VAT | 2,928 | 1,764
|  | ═════════ | ═════════
| Creditors:
| PAYE / NI | 1,677 | -
|  | ═════════ | ═════════

9. | Reserves
| Share Premium Reserve
| The amount carried forward is the premium that arose from the issue of shares in 2024.

10. | Capital commitments
| The company had no material capital commitments at the financial year-ended 31 October 2025.

11. | Post-Balance Sheet Events
| There have been no significant events affecting the company since the financial year-end.

12. | Founder Salaries
| Having consulted and agreed with major shareholders, the board agreed that the co-founders should be paid an annual salary of £100,000 each from 1 January 2025. This sum to be accrued without interest until such time as sufficient funds exist in the business for the outstanding balance to be repaid. A provision for any unpaid remuneration plus Employers NI at the balance sheet date is included in the Other Accruals figures for 2025 of £201,250 (2024 - £Nil).