REGISTERED NUMBER: 09592745 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Transformify Ltd

Page

Company Information

1

Report of the Director

2

Report of the Accountant

3

Statement of Income and Retained Earnings

4

Statement of Financial Position

5

Notes to the Financial Statements

6

DIRECTOR:

Ms L Stoyanova

REGISTERED OFFICE:

86-90 Paul Street

London

EC2A 4NE

REGISTERED NUMBER:

09592745 (England and Wales)

ACCOUNTANT:

Albacore Accounting Limited

The Maylands Building

Maylands Avenue

Hemel Hempstead

Hertfordshire

HP2 7TG

The director presents her report with the financial statements of the company for the year ended 31 December 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of other information technology service activities.

DIRECTOR

Ms L Stoyanova held office during the whole of the period from 1 January 2025 to the date of this report.

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

ON BEHALF OF THE BOARD:

Ms L Stoyanova - Director

15 July 2026

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 December 2025 set out on pages four to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.

Albacore Accounting Limited

The Maylands Building

Maylands Avenue

Hemel Hempstead

Hertfordshire

HP2 7TG

Date: .............................................

TURNOVER

30,645,544

21,528,834

Cost of sales

29,818,484

21,057,035

GROSS PROFIT

827,060

471,799

Administrative expenses

511,745

287,424

315,315

184,375

Other operating income

64,633

39,341

OPERATING PROFIT and

PROFIT BEFORE TAXATION

379,948

223,716

Tax on profit

102,383

57,087

PROFIT FOR THE FINANCIAL YEAR

277,565

166,629

Retained earnings at beginning of year

489,743

323,114

RETAINED EARNINGS AT END OF YEAR

767,308

489,743

FIXED ASSETS

Intangible assets

5

357,238

317,959

Tangible assets

6

1,581

1,038

358,819

318,997

CURRENT ASSETS

Debtors

7

(279,003

)

404,105

Cash at bank

875,954

193,862

596,951

597,967

CREDITORS

Amounts falling due within one year

8

187,962

426,721

NET CURRENT ASSETS

408,989

171,246

TOTAL ASSETS LESS CURRENT LIABILITIES

767,808

490,243

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

9

767,308

489,743

767,808

490,243

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 15 July 2026 and were signed by:

Ms L Stoyanova - Director

1.	STATUTORY INFORMATION

Transformify Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

An impairment loss has been recognised in the Income Statement, following an assessment at the Statement of Financial Position date indicating the recoverable amount was less than its carrying value.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

31.12.25

31.12.24

£

£

Wages and salaries

121,159

80,000

Social security costs

2,300

9,784

Other pension costs

1,321

1,321

124,780

91,105

The average number of employees during the year was as follows:

31.12.25

31.12.24

Independent contractors

15

15

In 2025, Transformify Ltd used the services of 15 independent contractors.

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.12.25

31.12.24

£

£

Depreciation - owned assets

328

277

Goodwill amortisation

-

62,019

Computer software amortisation

85,467

-

5.	INTANGIBLE FIXED ASSETS

Computer

Goodwill

software

Totals

£

£

£

COST

At 1 January 2025

489,322

-

489,322

Additions

-

124,746

124,746

Impairments

-

(171,363

)

(171,363

)

Reversal of impairments

171,363

-

171,363

Reclassification/transfer

(489,322

)

489,322

-

At 31 December 2025

171,363

442,705

614,068

AMORTISATION

At 1 January 2025

171,363

-

171,363

Amortisation for year

-

85,467

85,467

At 31 December 2025

171,363

85,467

256,830

NET BOOK VALUE

At 31 December 2025

-

357,238

357,238

At 31 December 2024

317,959

-

317,959

6.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2025

1,781

Additions

871

At 31 December 2025

2,652

DEPRECIATION

At 1 January 2025

743

Charge for year

328

At 31 December 2025

1,071

NET BOOK VALUE

At 31 December 2025

1,581

At 31 December 2024

1,038

7.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Other debtors

(407,817

)

134,562

Directors' current accounts

-

582

VAT

2,458

-

(405,359

)

135,144

Amounts falling due after more than one year:

Trade debtors

126,356

266,597

Prepayments

-

2,364

126,356

268,961

Aggregate amounts

(279,003

)

404,105

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

5

188,066

Trade creditors

145,909

173,217

Tax

102,383

57,146

Social security and other taxes

3,948

2,660

Pensions Payable

19

51

VAT

-

433

Other creditors

(64,107

)

5,224

Accrued expenses

(195

)

(76

)

187,962

426,721

9.

RESERVES

Retained

earnings

£

At 1 January 2025

489,743

Profit for the year

277,565

At 31 December 2025

767,308

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The loan received from the director - Liliya Stoyanova, has been repaid in full.