REGISTERED NUMBER: 16102672 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 26 NOVEMBER 2024 TO 30 NOVEMBER 2025

FOR

ASSEMBLE SPACES HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

6

DIRECTORS:

Mr G R Cheetham

Mr D P Howkins

Mr J A Sindle

REGISTERED OFFICE:

20 Abbots Business Park

Primrose Hill

Kings Langley

Hertfordshire

WD4 8FR

REGISTERED NUMBER:

16102672 (England and Wales)

ACCOUNTANTS:

Beyond Accounting Limited

20 Abbots Business Park

Primrose Hill

Kings Langley

Hertfordshire

WD4 8FR

CURRENT ASSETS

Debtors

4

1,512,915

Cash in hand

3

1,512,918

CREDITORS

Amounts falling due within one year

5

779

NET CURRENT ASSETS

1,512,139

TOTAL ASSETS LESS CURRENT LIABILITIES

1,512,139

CREDITORS

Amounts falling due after more than one year

6

1,514,408

NET LIABILITIES

(2,269

)

CAPITAL AND RESERVES

Called up share capital

3

Retained earnings

(2,272

)

SHAREHOLDERS' FUNDS

(2,269

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

Mr J A Sindle - Director

1.	STATUTORY INFORMATION

Assemble Spaces Holdings Limited 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.

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.

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the directors that they will continue to give financial support to the company for twelve months from the date of signing these financial statements.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which may arise. The accounts do not include any adjustments to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other debtors

1,512,915

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Accruals

779

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other loans - 1-2 years

1,514,408

7.	RELATED PARTY DISCLOSURES

The Company is controlled by three directors/shareholders, each of whom holds one ordinary share in the Company.

During the period, the Company received funding from two of its directors, Mr J A Sindle and Mr G R Cheetham. The loans are unsecured and bear interest at 7% per annum.

At 30 November 2025, the amount owed to Mr J A Sindle, including accrued interest, was £757,063 and the amount owed to Mr G R Cheetham, including accrued interest, was £757,345. These balances are included within other loans falling due within one to two years.

The Company has used the funds received from the directors to provide finance to Assemble Spaces SPV 0 Limited and Assemble SPV1 Limited. The three directors/shareholders of the Company also hold the entire issued share capital of Assemble Spaces SPV 0 Limited and Assemble SPV1 Limited. The loans to Assemble Spaces SPV 0 Limited and Assemble SPV1 Limited are unsecured and bear interest at 7% per annum.

At 30 November 2025, the amount owed to the Company by Assemble Spaces SPV 0 Limited, including accrued interest, was £865,619 and the amount owed by Assemble SPV1 Limited, including accrued interest, was £647,296. These balances are included within other debtors falling due after more than one year.

Interest is charged on the loans to Assemble Spaces SPV 0 Limited and Assemble SPV1 Limited at 7% per annum and is recognised as interest income in the Company's profit and loss account. Interest on the loans from the directors is charged at 7% per annum and is recognised as a finance cost in the Company's profit and loss account.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Assemble Spaces Holdings Limited for the period ended 30 November 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Assemble Spaces Holdings Limited, 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 Assemble Spaces Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Assemble Spaces Holdings Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

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 Assemble Spaces Holdings Limited 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 loss of Assemble Spaces Holdings Limited. You consider that Assemble Spaces Holdings Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Assemble Spaces Holdings 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 financial statements.

Beyond Accounting Limited

20 Abbots Business Park

Primrose Hill

Kings Langley

Hertfordshire

WD4 8FR

26 August 2026