Lavanda Ventures Ltd.

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

Registered number: 09059982

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		322,278		1,141,992
Tangible Assets	5		7,381		4,376
Investments	6		1		1

			329,660		1,146,369
CURRENT ASSETS
Debtors	7	2,240,536		677,329
Cash at bank and in hand		2,160,941		1,112,155

		4,401,477		1,789,484
Creditors: Amounts Falling Due Within One Year	8	(3,633,187 )		(2,835,997 )

NET CURRENT ASSETS (LIABILITIES)			768,290		(1,046,513 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,097,950		99,856

Creditors: Amounts Falling Due After More Than One Year	9		(23,156 )		(844,925 )

NET ASSETS/(LIABILITIES)			1,074,794		(745,069 )

CAPITAL AND RESERVES
Called up share capital	10		4,674		4,239
Share premium account			17,300,702		15,301,164
Capital redemption reserve			59,770		59,770
Profit and Loss Account			(16,290,352 )		(16,110,242 )

SHAREHOLDERS' FUNDS			1,074,794		(745,069)

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Lavanda Ventures Ltd.

Balance Sheet (continued)

As At 31 December 2025

For the 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.

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 Guy Westlake

Director

22nd July 2026

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

1. General Information

Lavanda Ventures Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 09059982 . The registered office is 1 Long Lane, London, SE1 4PG.

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.

The financial statements contain information about Lavanda Ventures ltd. as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399 (2A) of the companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangable assets are initially measured at cost. After initial recognition, intangable assets are measured at costs less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

2.4. 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% on reducing balance

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 43 (2024: 66)

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Lavanda Ventures Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 January 2025	7,158,476

As at 31 December 2025	7,158,476

Amortisation
As at 1 January 2025	6,016,484
Provided during the period	819,714

As at 31 December 2025	6,836,198

Net Book Value
As at 31 December 2025	322,278

As at 1 January 2025	1,141,992

5. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 January 2025	8,808
Additions	5,468

As at 31 December 2025	14,276

Depreciation
As at 1 January 2025	4,432
Provided during the period	2,463

As at 31 December 2025	6,895

Net Book Value
As at 31 December 2025	7,381

As at 1 January 2025	4,376

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Lavanda Ventures Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 January 2025	1

As at 31 December 2025	1

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	1

As at 1 January 2025	1

Investments in subsidiary undertakings are recognised at cost.

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	764,993	383,192
Amounts owed by group undertakings	-	11,180
Other debtors	1,475,543	282,957

	2,240,536	677,329

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	304,076	274,495
Other loans	840,459	1,083,304
Other creditors	2,235,372	1,358,868
Taxation and social security	253,280	119,330

	3,633,187	2,835,997

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

	2025	2024
	£	£
Other loans	23,156	844,925

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Lavanda Ventures Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4,674	4,239

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