Registration number: 09271441

Convenient Collect Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 11

Convenient Collect Limited

Company Information

Directors

Mr S C Jarvis Mr G J Beszant Mrs C L Jarvis Mr A Mendoza Ms C Howe

Company secretary

Mrs C L Jarvis

Registered office

50 Liverpool Street London EC2M 7PY

Convenient Collect Limited

(Registration number: 09271441)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	3,969	4,460
Tangible assets	5	40,841	24,128
Investments	6	8	8
		44,818	28,596
Current assets
Debtors	7	506,250	1,338,488
Cash at bank and in hand		6,149,519	1,353,079
		6,655,769	2,691,567
Creditors: Amounts falling due within one year	8	(2,957,110)	(2,918,183)
Net current assets/(liabilities)		3,698,659	(226,616)
Total assets less current liabilities		3,743,477	(198,020)
Creditors: Amounts falling due after more than one year	8	(228,718)	(56,610)
Net assets/(liabilities)		3,514,759	(254,630)
Capital and reserves
Called up share capital	11	386	308
Share premium reserve		11,944,023	6,310,198
Other reserves	14	49,186	3,245
Retained earnings		(8,478,836)	(6,568,381)
Shareholders' funds/(deficit)		3,514,759	(254,630)

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 July 2026 and signed on its behalf by:
 

.........................................

Mr S C Jarvis
Director

Convenient Collect Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
50 Liverpool Street
London
EC2M 7PY
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. At 31 December 2025, the Company was loss making but due to the successful funding round during the year, had net assets. The directors have confirmed that in their opinion, given the strong cash position, the Company will be able to meet its liabilities as they fall due for the foreseeable future (being a period not less than twelve months).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Revenue from the sale of goods is recognised when all the following conditions are met:
- The amount can be reliably measured;
- It is probable that the Company will receive the consideration due under the transaction; and
-All revenue from contracts to provide services are recognised over the period in which the services are provided.

This is to be recognised in line with the stage of completion as at the balance sheet date.

Convenient Collect Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% straight line

Intangible assets

Separately acquired licences are shown at historical costs. Licences (including software) and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation, and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Domain name	10% straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Convenient Collect Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Debtors receivable within one year
Debtors with no stated interest rate and receivable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Creditors payable within one year
Creditors with no stated interest rate and payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Share based payments

The cost and corresponding increase in equity in respect of equity-settled share-based payment transactions with employees are measured by reference to the fair value of equity instruments issued at the date of grant. Amounts are expensed on a straight line basis over the vesting period based on the estimate of shares that will eventually vest and adjusted for the effect of non market-based vesting conditions. The cost and fair value of the liability incurred in respect of cash-settled transactions is measured using an appropriate option pricing model with changes in fair value recognised in profit or loss for the period.
 

Convenient Collect Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 34 (2024 - 23).

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 January 2025	4,910	4,910
At 31 December 2025	4,910	4,910
Amortisation
At 1 January 2025	450	450
Amortisation charge	491	491
At 31 December 2025	941	941
Carrying amount
At 31 December 2025	3,969	3,969
At 31 December 2024	4,460	4,460

Convenient Collect Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2025	37,986	37,986
Additions	30,712	30,712
Disposals	(5,808)	(5,808)
At 31 December 2025	62,890	62,890
Depreciation
At 1 January 2025	13,858	13,858
Charge for the year	13,141	13,141
Eliminated on disposal	(4,950)	(4,950)
At 31 December 2025	22,049	22,049
Carrying amount
At 31 December 2025	40,841	40,841
At 31 December 2024	24,128	24,128

6	Investments

	2025 £	2024 £
Investments in subsidiaries	8	8