Phycobloom Ltd.

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of Phycobloom Ltd. For The Year Ended 30 November 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Phycobloom Ltd. which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Phycobloom Ltd. , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Phycobloom Ltd. and state those matters that we have agreed to state to the directors of Phycobloom Ltd. , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Phycobloom Ltd. and its directors as a body for our work or for this report.

It is your duty to ensure that Phycobloom Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Phycobloom Ltd. . You consider that Phycobloom Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Phycobloom Ltd. . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Robert Fiford FCCA

31/07/2026

dines Accountancy Limited

ACCA

Edinburgh House

170 Kennington Lane

London

SE11 5DP

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Phycobloom Ltd.

Balance Sheet

As At 30 November 2025

Balance Sheet

Registered number: 12327786

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		103,030		211,218
Investments	5		966,667		1,953,573

			1,069,697		2,164,791
CURRENT ASSETS
Debtors	6	443,304		331,680
Cash at bank and in hand		326,032		301,764

		769,336		633,444
Creditors: Amounts Falling Due Within One Year	7	(74,110 )		(137,382 )

NET CURRENT ASSETS (LIABILITIES)			695,226		496,062

TOTAL ASSETS LESS CURRENT LIABILITIES			1,764,923		2,660,853

Creditors: Amounts Falling Due After More Than One Year	8		(1,290,154 )		(1,160,000 )

NET ASSETS			474,769		1,500,853

CAPITAL AND RESERVES
Called up share capital	9		113		113
Share premium account			1,553,772		1,178,772
Other reserves			-		375,000
Profit and Loss Account			(1,079,116 )		(53,032 )

SHAREHOLDERS' FUNDS			474,769		1,500,853

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Phycobloom Ltd.

Balance Sheet (continued)

As At 30 November 2025

For the 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.

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 J Waite

Director

31/07/2026

The notes on pages 4 to 6 form part of these financial statements.

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Phycobloom Ltd.

Notes to the Financial Statements

For The Year Ended 30 November 2025

Notes to the Financial Statements

1. General Information

Phycobloom Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 12327786 . The registered office is Unit 130 Westbourne Studios, 242 Acklam Road, London, W10 5JJ.

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.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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:

Plant & Machinery	3 years straight line
Fixtures & Fittings	3 years straight line
Computer Equipment	3 years straight line

2.4. 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.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2024: 13)

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Phycobloom Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 December 2024	383,810	17,301	18,164	419,275
Additions	25,602	4,077	808	30,487
Disposals	(12,263 )	-	-	(12,263 )

As at 30 November 2025	397,149	21,378	18,972	437,499

Depreciation
As at 1 December 2024	186,260	10,491	11,306	208,057
Provided during the period	119,670	5,882	5,042	130,594
Disposals	(4,182 )	-	-	(4,182 )

As at 30 November 2025	301,748	16,373	16,348	334,469

Net Book Value
As at 30 November 2025	95,401	5,005	2,624	103,030

As at 1 December 2024	197,550	6,810	6,858	211,218

5. Investments

	Listed
	£
Cost or Valuation
As at 1 December 2024	1,953,573
Additions	68,637
Disposals	(1,029,053 )
Revaluations	(26,490 )

As at 30 November 2025	966,667

Provision
As at 1 December 2024	-

As at 30 November 2025	-

Net Book Value
As at 30 November 2025	966,667

As at 1 December 2024	1,953,573

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	443,304	331,680

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Phycobloom Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	43,478	104,928
Other creditors	30,632	32,454

	74,110	137,382

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

	2025	2024
	£	£
Other creditors	1,290,154	1,160,000

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	113	113

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	142,032	137,888
Later than one year and not later than five years	77,989	224,618

	220,021	362,506

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Mr Ian Hu	2,087	-	-	-	2,087

The above loan is unsecured, interest free and repayable on demand.

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