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REGISTERED NUMBER: 08168802 (England and Wales)

Unaudited Financial Statements

for the Period 1 September 2025 to 31 March 2026

for

i23 Limited

i23 Limited (Registered number: 08168802)

Contents of the Financial Statements

for the Period 1 September 2025 to 31 March 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

i23 Limited

Company Information

for the Period 1 September 2025 to 31 March 2026

| DIRECTORS: | P M Hammond

| Mrs P Hammond

| REGISTERED OFFICE: | IN Accountancy Ltd

| Unit 2, Station View

| Hazel Grove

| Stockport

| Cheshire

| SK7 5ER

| REGISTERED NUMBER: | 08168802 (England and Wales)

| ACCOUNTANTS: | IN Accountancy Limited

| 2 Station View

| Bramhall Moor Lane

| Hazel Grove

| Stockport

| Cheshire

| SK7 5ER

i23 Limited (Registered number: 08168802)

Balance Sheet

31 March 2026

| 31.3.26 | 31.8.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | - |  | 679 |  |

- |  | 679 |  |

CURRENT ASSETS

Debtors | 6 | 863 |  | 863 |  |

Cash at bank | 1,119 |  | 1,337 |  |

1,982 |  | 2,200 |  |

CREDITORS

Amounts falling due within one year | 7 | 5,458 |  | 6,600 |  |

NET CURRENT LIABILITIES | (3,476 | ) | (4,400 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (3,476 | ) | (3,721 | ) |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | (3,477 | ) | (3,722 | ) |

SHAREHOLDERS' FUNDS | (3,476 | ) | (3,721 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 July 2026 and were signed on its behalf by:

P M Hammond - Director

i23 Limited (Registered number: 08168802)

Notes to the Financial Statements

for the Period 1 September 2025 to 31 March 2026

1. | STATUTORY INFORMATION

| i23 Limited 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.

| The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

| 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 2012, has now been fully amortised.

| 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.

| Tangible fixed assets

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

| Plant and machinery etc | - | 20% on cost

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Going concern

| The balance sheet is insolvent and is reliant upon it's directors to continue trading.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 1 (2025 - 1 ) .

i23 Limited (Registered number: 08168802)

Notes to the Financial Statements - continued

for the Period 1 September 2025 to 31 March 2026

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 September 2025

| and 31 March 2026 | 12,000 |  |

| AMORTISATION

| At 1 September 2025

| and 31 March 2026 | 12,000 |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  |

| At 31 August 2025 | - |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 September 2025 | 1,019 |  |

| Disposals | (1,019 | ) |

| At 31 March 2026 | - |  |

| DEPRECIATION

| At 1 September 2025 | 340 |  |

| Charge for period | 119 |  |

| Eliminated on disposal | (459 | ) |

| At 31 March 2026 | - |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  |

| At 31 August 2025 | 679 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 31.8.25

£ | £ |

| Other debtors | 863 |  | 863 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 31.8.25

£ | £ |

| Taxation and social security | 559 |  | - |  |

| Other creditors | 4,899 |  | 6,600 |  |

5,458 |  | 6,600 |  |

8. | RELATED PARTY DISCLOSURES

| During the year, fixed assets with a carrying value of £560.58 were transferred to the Director's Loan Account as part of the Company's planned cessation of trading. The transaction has been recorded in the financial statements at the carrying value of the assets transferred.

9. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is the directors.