Company Registration No. 10693864 (England and Wales)
Funding Loop Limited
Unaudited accounts
for the year ended 31 March 2026
Funding Loop Limited
Unaudited accounts
Contents
Funding Loop Limited
Company Information
for the year ended 31 March 2026
Directors
Khayam Ezzat
John Blair
Helen Evans
Company Number
10693864 (England and Wales)
Registered Office
71-75 Shelton Street
London
WC2H 9JQ
England
Accountants
Barnes & Scott
86-90 Paul Street
London
EC2A 4NE
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Funding Loop Limited for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Funding Loop Limited for the year ended
31 March 2026 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Funding Loop Limited, as a body, in accordance with the terms of our engagement letter dated 24 February 2026. Our work has been undertaken solely to prepare for your approval the accounts of Funding Loop Limited and state those matters that we have agreed to state to the Board of Directors of Funding Loop Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Funding Loop Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Funding Loop Limited 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 of Funding Loop Limited. You consider that Funding Loop Limited 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 Funding Loop Limited. 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 statutory accounts.
Barnes & Scott
Chartered Accountants
86-90 Paul Street
London
EC2A 4NE
11 August 2026
Funding Loop Limited
Statement of financial position
as at 31 March 2026
Intangible assets
266,737
-
Tangible assets
6,057
4,954
Cash at bank and in hand
283,991
159,246
Creditors: amounts falling due within one year
(244,886)
(88,786)
Net current assets
146,849
75,383
Total assets less current liabilities
419,643
80,337
Provisions for liabilities
Deferred tax
(1,515)
(1,105)
Called up share capital
111
111
Profit and loss account
418,017
79,121
Shareholders' funds
418,128
79,232
For the year ending 31 March 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2026 and were signed on its behalf by
Khayam Ezzat
Director
Company Registration No. 10693864
Funding Loop Limited
Notes to the Accounts
for the year ended 31 March 2026
Funding Loop Limited is a private company, limited by shares, registered in England and Wales, registration number 10693864. The registered office is 71-75 Shelton Street, London, WC2H 9JQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Taxation represents the sum of tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.
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 accounts. 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.
Funding Loop Limited
Notes to the Accounts
for the year ended 31 March 2026
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
4
Intangible fixed assets
Other
Charge for the year
11,597
Funding Loop Limited
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
98,979
-
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
10,261
5,190
Taxes and social security
160,261
29,690
Loans from directors
3,000
-
The directors loan is interest free and payable on demand.
Allotted, called up and fully paid:
11,142 Ordinary shares of £0.01 each
111.42
111.42
9
Average number of employees
During the year the average number of employees was 5 (2025: 4).