Capitalise.com Platform Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

Capitalise.com Platform Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09256446 . The registered office is 20 Wenlock Road, London, N1 7GU.

The presentation currency of the financial statements is the Pound Sterling (£).

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 company has taken advantage of the exemption provided by Section 399 of the Companies Act 2006 from the requirement to prepare consolidated financial statements as the group qualifies as a small group, as defined by Section 383 of the Companies Act 2006. As such, these financial statements present information about the company as an individual entity and not about its group.

2.2. Going Concern Disclosure

Whilst the business has been loss making in the financial year and the balance sheet presents a net liability position, the Directors regularly review the cash forecast and believe there is sufficient funds to pay liabilities as they fall due. As such, the Directors agree the going concern basis is the appropriate method to prepare these financial statements.

2.3. Significant judgements and estimations

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates if necessary. It also requires management to exercise judgement in applying the company accounting policies.

2.4. 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 software, services and commission.

2.5. Intangible Fixed Assets and Amortisation - Other Intangible

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.

Patents and licences are being amortised evenly over their estimated useful life of seven years.

2.6. 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	Straight line over 3 years
Computer Equipment	Straight line over 3 years

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Capitalise.com Platform Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. Financial Instruments

The company has elected to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments Issues of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial instruments

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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently at amortised cost using the effective interest method.

2.8. 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.

2.9. 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.

...CONTINUED

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Capitalise.com Platform Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.9. Taxation - continued

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.

2.10. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.11. Development costs

Development costs are costs incurred in the process of creating new or improved products, services, processes or systems. The company recognises all development costs as an expense in the Profit and Loss Account in the period in which they are incurred.

This approach is taken because the future economic benefits of development activities are inherently uncertain, and therefore, it is more reliant and relevant to recognise these costs as incurred rather than capitalising and amortising them over future periods.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 15 (2024: 22)

4. Intangible Assets

	Patents and licences
	£
Cost
As at 1 January 2025	7,295

As at 31 December 2025	7,295

Amortisation
As at 1 January 2025	7,295

As at 31 December 2025	7,295

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2025	62,205
Additions	3,085
Disposals	(33,787 )

As at 31 December 2025	31,503

...CONTINUED

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Capitalise.com Platform Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025	54,945
Provided during the period	4,452
Disposals	(33,787 )

As at 31 December 2025	25,610

Net Book Value
As at 31 December 2025	5,893

As at 1 January 2025	7,260

6. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 January 2025	6

As at 31 December 2025	6

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	6

As at 1 January 2025	6

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	102,928	79,241
Amounts owed by group undertakings	131,121	110,243
Other debtors	62,934	53,392

	296,983	242,876

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	25,594	17,354
Amounts owed to group undertakings	-	30,635
Other creditors	264,868	224,804
Taxation and social security	144,334	296,528

	434,796	569,321

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Capitalise.com Platform Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

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

	2025	2024
	£	£
Other loans	2,456,298	1,400,479

Other loans consist of a loan facility from Paydyn Financial Limited, a company controlled by Mr P J Cox.

10. Related Party Transactions

Included within creditors is £0 (2024꞉ £30,635) due to Platfi Services, a subsidiary of the Company which has been liquidated in current year

Included within debtors is £131,121 (2024꞉ £110,243) due from Capitalise.com Platform (PTY) Ltd, a subsidiary of the Company.

Other loans consist of a loan facility with Paydyn Financial Limited, a company controlled by Mr P J Cox. The key terms of the loan are as follows:

The loan is repayable upon a future exit event, as defined in the loan agreement.
Interest accrues at a rate of 8% per annum, compounded and added to the loan balance quarterly.
The debt is secured by a combination of fixed and floating charges over the company’s assets.

11. Ultimate Controlling Party

The company's ultimate controlling party is Mr P J Cox by virtue of his indirect controlling stake of the issued share capital in the company.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		5,893		7,260
Investments	6		6		6

			5,899		7,266
CURRENT ASSETS
Debtors	7	296,983		242,876
Cash at bank and in hand		231,606		207,948

		528,589		450,824
Creditors: Amounts Falling Due Within One Year	8	(434,796 )		(569,321 )

NET CURRENT ASSETS (LIABILITIES)			93,793		(118,497 )

TOTAL ASSETS LESS CURRENT LIABILITIES			99,692		(111,231 )

Creditors: Amounts Falling Due After More Than One Year	9		(2,456,298 )		(1,400,479 )

NET LIABILITIES			(2,356,606 )		(1,511,710 )

CAPITAL AND RESERVES
Called up share capital			3,232		3,232
Share premium account			17,402,003		17,402,003
Profit and Loss Account			(19,761,841 )		(18,916,945 )

SHAREHOLDERS' FUNDS			(2,356,606)		(1,511,710)