Company No: 11990516 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	30.11.2025		30.11.2024
		£		£
Fixed assets
Tangible assets	4	127		326
		127		326
Current assets
Debtors	5	653		40,521
Cash at bank and in hand		615		141
		1,268		40,662
Creditors: amounts falling due within one year	6	( 80,885)		( 57,747)
Net current liabilities		(79,617)		(17,085)
Total assets less current liabilities		(79,490)		(16,759)
Net liabilities		( 79,490)		( 16,759)
Capital and reserves
Called-up share capital	8	1		1
Profit and loss account		( 79,491 )		( 16,760 )
Total shareholder's deficit		( 79,490)		( 16,759)

For the financial year ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Aspenify UK Limited (registered number: 11990516) were approved and authorised for issue by the Board of Directors on 27 July 2026. They were signed on its behalf by:

Martin Hanney Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Aspenify UK Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1 - 3 College Yard, Worcester, WR1 2LB, United Kingdom. The principal place of business is Malvern Hills Science Park, Geraldine Road, Malvern, Worcestershire, WR14 3SZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

It is the intention of the directors that the company cease to trade within 12 months of the balance sheet date. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

Reporting period length

The reporting period length of this financial period is 12 months from 1 December 2024 to 30 November 2025. The comparative period was a 18 month period, and therefore the comparatives are not completely comparable

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Computer software

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Computer equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

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.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	Year ended 30.11.2025		Period from 01.06.2023 to 30.11.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	6		5

3. Intangible assets

	Computer software		Total
	£		£
Cost
At 01 December 2024	12,455		12,455
At 30 November 2025	12,455		12,455
Accumulated amortisation
At 01 December 2024	12,455		12,455
At 30 November 2025	12,455		12,455
Net book value
At 30 November 2025	0		0
At 30 November 2024	0		0

4. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 December 2024	2,764		2,764
Additions	134		134
At 30 November 2025	2,898		2,898
Accumulated depreciation
At 01 December 2024	2,438		2,438
Charge for the financial year	333		333
At 30 November 2025	2,771		2,771
Net book value
At 30 November 2025	127		127
At 30 November 2024	326		326

5. Debtors

	30.11.2025		30.11.2024
	£		£
Trade debtors	653		581
Amounts owed by Group undertakings	0		35,204
Deferred tax asset	0		4,736
	653		40,521

6. Creditors: amounts falling due within one year

	30.11.2025		30.11.2024
	£		£
Trade creditors	60		60
Amounts owed to directors	26,885		5,600
Accruals and deferred income	39,340		34,549
Other taxation and social security	5,655		17,218
Other creditors	8,945		320
	80,885		57,747

7. Deferred tax

	30.11.2025		30.11.2024
	£		£
At the beginning of financial year/period	4,736		15,550
Charged to the Statement of Income and Retained Earnings	( 4,736)		( 10,814)
At the end of financial year/period	0		4,736

8. Called-up share capital

	30.11.2025		30.11.2024
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

9. Related party transactions

Transactions with the entity's directors

	30.11.2025		30.11.2024
	£		£
Amounts owed to Directors	26,885		5,600

The accounts bear no interest and the balance is repayable on demand.