REGISTERED NUMBER: 04859757 (England and Wales)

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

ASSOSIA LTD

Page

Company Information

1

Report of the Directors

2

Accountants' Report

4

Statement of Income and Retained Earnings

5

Statement of Financial Position

6

Notes to the Financial Statements

8

Directors:

Mr R Davis

Miss K Staniland

Registered office:

Kingsgate

1 King Edward Road

Brentwood

Essex

CM14 4HG

Registered number:

04859757 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

The directors present their report with the financial statements of the company for the year ended 31 August 2025.

Principal activity

The principal activity of the company in the year under review was that of the performance of market research.

Review of business

The directors of the company feel it's been an interesting year of trading. This has been created by a huge amount of short term taxation uncertainty. The company feels this has led to a feeling of risk aversion, as a number of attempts to balance the government books have backfired leading to a continued drop in tax receipts over spending. This is a worry, as we have an inexperienced chancellor in a government with very large set of spending plans, and policies that most definitely scare off inward international investment. Going forward, it's really about just how much damage can they do to UK businesses in funding these policies.

The company continued to invest in strengthening the company's future, with a large expansion in enterprise analytics directly aimed at data processing our 6 Billion lines of our live structured retail data. Over two years' worth of work from the company's senior data engineers and developers, partnered with one of Microsoft's leading AI and data partners. The company now has an ever evolving platform capable of advance data exploration and reporting. This will continue to the foundation for our service delivery over the next 3 to 5 years.

In 2024 the Directors made the decision to relocate the business to a larger building with excellent rail and road connections. "Kingsgate" located adjacent to the mainline railway station at Brentwood on the Elizabeth line, a direct route in and out of Central London. This would allow easy access from not just London but excellent road and rail nationally. The office originally consisted of a single open space of approximately Nine thousand Sq ft. The decision was made to totally redesign the space, and so a specialist design company was commissioned, and transformed the entire space into a modern, stylish environment allowing excellent work interaction, relaxation and social entertainment. The total investment of nearly 1 Million Pounds will take the business forward for the next ten years, allowing for substantial growth in staff numbers.

The installation of a new high-end Dell VxRail platform in the company's London Data Centre last year. (Dell EMC VxRail is a hyperconverged infrastructure (HCI) platform designed for VMware environments).. This new Private Cloud environment works in tandem with our large investment in Databricks analytics and the immense datasets that can be queried across the majority of research vectors.

The company has always taken the integrity of the platforms they deliver our data from as extremely important. The company stored their data in UK reputable data centres. Customer data, along with all of the company's digital assets sit alongside such institutions as banks and well know financial institutions. The confidential information customers trust with the company has always been of the highest importance, and the transition to these new data centres, will take us forward with compliance regulations for many years.

In summary, over 2024/25 the company has invested further in the infrastructure and technologies to take the company forward over the five years. In the medium-term, promoting cutting edge data analytics and reporting in subscription datasets. The ability to deliver increasingly more data to customers in the US and Euro zone markets. The UK market has remained steady with regards to new business, with existing non data customers seeing good generic growth. And with our data platform subscriptions renewal running at 99% over this period.

Directors

The directors shown below have held office during the whole of the period from 1 September 2024 to the date of this report.

Mr R Davis

Miss K Staniland

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

On behalf of the board:

Mr R Davis - Director

25 August 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Assosia Ltd for the year ended 31 August 2025 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Assosia Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Assosia Ltd and state those matters that we have agreed to state to the Board of Directors of Assosia Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Assosia Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Assosia Ltd. You consider that Assosia 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 financial statements of Assosia 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 statutory financial statements.

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

25 August 2026

Turnover

5,375,685

4,754,113

Cost of sales

(1,898,293

)

(1,951,925

)

Gross profit

3,477,392

2,802,188

Administrative expenses

(3,433,905

)

(3,063,703

)

43,487

(261,515

)

Interest receivable and similar income

499

332

43,986

(261,183

)

Interest payable and similar expenses

(48,602

)

(36,788

)

Loss before taxation

(4,616

)

(297,971

)

Tax on loss

4

69,194

(71,387

)

Profit/(loss) for the financial year

64,578

(369,358

)

Retained earnings at beginning of year

1,800,205

2,184,563

Dividends

(27,000

)

(15,000

)

Retained earnings at end of year

1,837,783

1,800,205

Fixed assets

Intangible assets

5

131,274

700

Tangible assets

6

1,331,039

1,608,754

1,462,313

1,609,454

Current assets

Debtors

7

966,325

872,940

Cash at bank and in hand

715,504

655,556

1,681,829

1,528,496

Creditors

Amounts falling due within one year

8

(576,766

)

(263,683

)

Net current assets

1,105,063

1,264,813

Total assets less current liabilities

2,567,376

2,874,267

Creditors

Amounts falling due after more than one year

9

(397,901

)

(673,177

)

Provisions for liabilities

11

(331,690

)

(400,883

)

Net assets

1,837,785

1,800,207

Capital and reserves

Called up share capital

12

2

2

Retained earnings

1,837,783

1,800,205

Shareholders' funds

1,837,785

1,800,207

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by:

Mr R Davis - Director

Mr K Staniland - Director

1.	Statutory information

Assosia Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Intangible assets

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.

Patent costs are not subject to amortisation, but are instead assessed for impairment on an annual basis.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

over the length of the lease

Fixtures and fittings

-

20% on reducing balance

Office furniture and equipment

-

25% on reducing balance

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Leasing and hire purchase

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 29 (2024 - 27 ) .

4.

Taxation

Analysis of the tax (credit)/charge

The tax (credit)/charge on the loss for the year was as follows:

2025

2024

£

£

Current tax:

Tax prior year

-

(13,877

)

Deferred tax

(69,194

)

85,264

Tax on loss

(69,194

)

71,387

5.	Intangible fixed assets

Patents and

Development

licences

costs

Totals

£

£

£

Cost

At 1 September 2024

700

100,836

101,536

Additions

-

136,992

136,992

Disposals

-

(56,521

)

(56,521

)

At 31 August 2025

700

181,307

182,007

Amortisation

At 1 September 2024

-

100,836

100,836

Amortisation for year

-

6,418

6,418

Eliminated on disposal

-

(56,521

)

(56,521

)

At 31 August 2025

-

50,733

50,733

Net book value

At 31 August 2025

700

130,574

131,274

At 31 August 2024

700

-

700

6.	Tangible fixed assets

Office

Fixtures

furniture

Leasehold

and

and

improvements

fittings

equipment

Totals

£

£

£

£

Cost

At 1 September 2024

929,638

121,026

1,392,084

2,442,748

Additions

-

1,414

57,223

58,637

Disposals

(3,740

)

(48,110

)

(227,932

)

(279,782

)

At 31 August 2025

925,898

74,330

1,221,375

2,221,603

Depreciation

At 1 September 2024

140,141

62,791

631,062

833,994

Charge for year

92,590

10,843

186,438

289,871

Eliminated on disposal

(4,114

)

(43,197

)

(185,990

)

(233,301

)

At 31 August 2025

228,617

30,437

631,510

890,564

Net book value

At 31 August 2025

697,281

43,893

589,865

1,331,039

At 31 August 2024

789,497

58,235

761,022

1,608,754

The net book value of assets on hire purchase at the year end was £749,950 (2024 - £917,467).

7.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

849,103

646,759

Other debtors

117,222

226,181

966,325

872,940

8.

Creditors: amounts falling due within one year

2025

2024

£

£

Hire purchase contracts (see note 10)

202,985

143,332

Trade creditors

141,274

52,281

Taxation and social security

226,303

59,190

Other creditors

6,204

8,880

576,766

263,683

9.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Hire purchase contracts (see note 10)

397,901

673,177

10.	Leasing agreements

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

202,985

143,332

Between one and five years

397,901

673,177

600,886

816,509

Non-cancellable

operating leases

2025

2024

£

£

Within one year

252,311

252,311

Between one and five years

1,009,242

1,009,242

In more than five years

504,620

756,931

1,766,173

2,018,484

11.	Provisions for liabilities

2025

2024

£

£

Deferred tax

331,690

400,883

Deferred tax

£

Balance at 1 September 2024

400,883

Provided during year

(69,193

)

Balance at 31 August 2025

331,690

12.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

13.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

Mr R Davis and Mr K Staniland

Balance outstanding at start of year

(703

)

(703

)

Amounts advanced

27,000

15,000

Amounts repaid

(27,000

)

(15,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(703

)

(703

)