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Registered number: 12699464 TESTED.ME LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 OCTOBER 2025
TESTED.ME LTD REGISTERED NUMBER: 12699464 BALANCE SHEET AS AT 31 OCTOBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 132,305 |  | 340,082
|  |  | 132,305 |  | 340,082
Current assets |  |  |  |  |
Stocks |  | 4,000 |  | 4,000 |
Debtors: amounts falling due within one year | 5 | 275 |  | 410 |
Cash at bank and in hand | 6 | 786 |  | 685 |
|  | 5,061 |  | 5,095 |
Creditors: amounts falling due within one year | 7 | (854,544) |  | (726,242) |
Net current liabilities |  |  | (849,483) |  | (721,147)
Total assets less current liabilities |  |  | (717,178) |  | (381,065)
Creditors: amounts falling due after more than one year | 8 |  | (1,318,308) |  | (1,307,308)
Net liabilities |  |  | (2,035,486) |  | (1,688,373)
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 100 |  | 100
Profit and loss account |  |  | (2,035,586) |  | (1,688,473)
|  |  | (2,035,486) |  | (1,688,373)
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TESTED.ME LTD REGISTERED NUMBER: 12699464 BALANCE SHEET (CONTINUED) AS AT 31 OCTOBER 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. 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. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
A Reid
Director
Date: 5 August 2026
The notes on pages 3 to 8 form part of these financial statements. Page 2
TESTED.ME LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
1. | General information
Tested.me Ltd is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the Company information page. The nature of the Company's operations and its principal activities are set out in the Directors’ report. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Going concern
At the time of approving the financial statements, the company has received a loan from its directors to support the working capital demands of the company. The Directors intend to continue to support the company for a minimum of 12 months following the balance sheet date. Furthermore, the directors do not intend to request repayment of the loan unless there are sufficient cash resources within the company. As a result they have adopted the going concern basis of preparation.
| 2.3 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 3
TESTED.ME LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 2.4 | Research and development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years. If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
| 2.5 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.6 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.7 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
| 2.8 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
| 2.9 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss. Page 4
TESTED.ME LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
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TESTED.ME LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
4. | Intangible assets
|  | Development expenditure
|  | £
| Cost |
| At 1 November 2024 | 1,054,417
| At 31 October 2025 | 1,054,417
| Amortisation |
| At 1 November 2024 | 714,335
| Charge for the year on owned assets | 207,777
| At 31 October 2025 | 922,112
| Net book value |
| At 31 October 2025 | 132,305
| At 31 October 2024 | 340,082
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 275 | 410
|  | 275 | 410
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 786 | 685
|  | 786 | 685
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TESTED.ME LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 655 | 2,351
| Amounts owed to group undertakings | 249,900 | 249,900
| Other creditors | 6,145 | 6,145
| Accruals and deferred income | 597,844 | 467,846
|  | 854,544 | 726,242
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other loans | 1,318,308 | 1,307,308
|  | 1,318,308 | 1,307,308
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due 2-5 years |  |
| Other loans | 1,318,308 | 1,307,308
|  | 1,318,308 | 1,307,308
|  | 1,318,308 | 1,307,308
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
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TESTED.ME LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
11. | Related party transactions
| Included in other loans is a loan provided to the company from Greybeard Holdings Ltd totalling £112,967 (2024: £112,967). Greybeard Holdings Ltd is also under common control. Interest of 10% is paid on this loan and they are repayable on demand. Included in other loans is a loan provided to the company from Kandy Holdings Ltd totalling £835,499 (2024: £824,499). Kandy Holdings Ltd is a related party by common control. Interest of 10% is paid on this loan and they are repayable on demand. Included in other loans is a loan provided to the company from Pocket Hercules Ltd totalling £100,000 (2024: £100,000). Pocket Hercules is a related party by common control. Interest of 10% is paid on this loan and they are repayable on demand. Included in other loans is a loan provided to the company from R Brus totalling £232,807 (2024: £232,807). R Brus is a related party by common control. Interest of 10% is paid on this loan and they are repayable on demand. Included in other loans is a loan provided to the company from Zanzibar Shooting Stars Ltd totalling £19,543 (2024: £19,543). Zanzibar Shooting Stars Ltd is a related party by common control. Interest of 10% is paid on this loan and they are repayable on demand. Included in other loans is a loan provided to the company by Simon Osman, Director, totalling £17,492 (2024: £17,492). Interest was charged in the year and it is repayable upon demand. Included in other creditors is a balance provided to the company by ME International totalling £249,900 (2024: £249,900). ME International is the parent company of tested.me. No interest is charged on this balance and it is repayable upon demand.
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