SERVICEPATH (UK) LTD

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

Registered number: 08424550

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,989		14,583

			7,989		14,583
CURRENT ASSETS
Debtors	5	163,996		211,685
Cash at bank and in hand		24,333		61,243

		188,329		272,928
Creditors: Amounts Falling Due Within One Year	6	(2,758,163 )		(1,383,834 )

NET CURRENT ASSETS (LIABILITIES)			(2,569,834 )		(1,110,906 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(2,561,845 )		(1,096,323 )

Creditors: Amounts Falling Due After More Than One Year	7		1,455,777		166,719

NET LIABILITIES			(1,106,068 )		(929,604 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			(1,106,070 )		(929,606 )

SHAREHOLDERS' FUNDS			(1,106,068)		(929,604)

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.

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 Daniel Kube

Director

24/08/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

SERVICEPATH (UK) LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08424550 . The registered office is 27 Old Gloucester Street, London, WC1N 3AX.

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. 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 goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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:

Fixtures & Fittings	Straight Line, Full Month, 3 years
Computer Equipment	Straight Line, Full Month, 3 years

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2025: 7)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	2,245	33,261	35,506
Additions	-	3,065	3,065

As at 31 March 2026	2,245	36,326	38,571

Depreciation
As at 1 April 2025	1,547	19,376	20,923
Provided during the period	698	8,961	9,659

As at 31 March 2026	2,245	28,337	30,582

...CONTINUED

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SERVICEPATH (UK) LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Net Book Value
As at 31 March 2026	-	7,989	7,989

As at 1 April 2025	698	13,885	14,583

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	115,690	165,871
Other debtors	48,306	45,814

	163,996	211,685

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	154,057	90,050
Amounts owed to participating interests	2,116,859	1,044,826
Other creditors	396,563	175,732
Taxation and social security	90,684	73,226

	2,758,163	1,383,834

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

	2026	2025
	£	£
Bank loans	16,004	26,004
Amounts owed to participating interests	(1,483,068 )	(203,441 )
Other creditors	11,287	10,718

	(1,455,777 )	(166,719 )

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

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