Registration number: 11587829

Uptime App Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 9

Uptime App Ltd

Company Information

Directors

J True J Bekhor J Claydon D Cohen J Denham S Meyer M Waller

Registered office

91 Wimpole Street London W1G 0EF

Auditors

Thomas Alexander & Company Limited 590 Green Lanes Palmers Green London N13 5RY

Uptime App Ltd

(Registration number: 11587829)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	30	30
Tangible assets	5	3,719	9,262
		3,749	9,292
Current assets
Debtors	6	1,418,625	329,438
Cash at bank and in hand		849,141	596,715
		2,267,766	926,153
Creditors: Amounts falling due within one year	7	(454,907)	(703,297)
Net current assets		1,812,859	222,856
Total assets less current liabilities		1,816,608	232,148
Creditors: Amounts falling due after more than one year	7	(662,811)	-
Net assets		1,153,797	232,148
Capital and reserves
Called up share capital	8	24,734	18,002
Share premium reserve		23,016,894	20,990,676
Retained earnings		(21,887,831)	(20,776,530)
Shareholders' funds		1,153,797	232,148

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 September 2026 and signed on its behalf by:
 

......................................... J Bekhor Director

Uptime App Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
91 Wimpole Street
London
W1G 0EF

These financial statements were authorised for issue by the Board on 4 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

In making this assessment the directors have reviewed the detailed projections,cash flow and working capital forecasts, which include a sensitivity analysis on key assumptions for a period for a period at least 12 months from the date of their approval of the financial statements. These projections demonstrate that the company should have sufficient financial resources and working capital under its base case assumption to continue in operational existence during this period and should not be reliant on any additional contingent investment funding. In the event that liquidity does become stretched due to adverse trading conditions the directors may consider a limited working capital fund raise, however this is not currently anticipated.

Uptime App Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 4 September 2026 was A Odysseos, who signed for and on behalf of Thomas Alexander & Company Limited.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable from customers in respect of the subscription content and services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings & equipment	3 years straight line

Uptime App Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Other intangibles	3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers in respect of the sale of subscription content and services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Uptime App Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Share based payments

The company operates an equity-settled, share-based compensation plan, under which the entity receives services from employees and consultants in consideration for equity instruments (options) of the entity. The fair value of the employee services received is measured by reference to the estimated fair value at the grant date of equity instruments granted and is recognised as an expense over the vesting period. The estimated fair value of the option granted is calculated using the Black Scholes option pricing model. The total amount expensed is recognised over the vesting period, which is the period over which all of the specified vesting conditions are to be satisfied.

The proceeds received net of any directly attributable transaction costs are credited to share capital (nominal value) and share premium when the options are exercised.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 26 (2024 - 30).

Uptime App Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 January 2025	1,098	1,098
At 31 December 2025	1,098	1,098
Amortisation
At 1 January 2025	1,068	1,068
At 31 December 2025	1,068	1,068
Carrying amount
At 31 December 2025	30	30
At 31 December 2024	30	30

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2025	161,327	161,327
Additions	614	614
Disposals	(98,752)	(98,752)
At 31 December 2025	63,189	63,189
Depreciation
At 1 January 2025	152,065	152,065
Charge for the year	5,356	5,356
Eliminated on disposal	(97,951)	(97,951)
At 31 December 2025	59,470	59,470
Carrying amount
At 31 December 2025	3,719	3,719
At 31 December 2024	9,262	9,262

Uptime App Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

6

Debtors

	Note	2025 £	2024 £
Trade debtors		87,069	33,455
Other debtors		41,525	33,245
Prepayments		925,980	75,944
Accrued income		121,358	-
Corporation tax receivable		242,693	186,794
		1,418,625	329,438

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	178,935	96,986
Taxation and social security	56,666	52,551
Accruals and deferred income	217,748	172,483
Other creditors	1,558	381,277
	454,907	703,297

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	662,811	-

8	Share capital

Allotted, called up and fully paid shares

Uptime App Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

	2025		2024
	No.	£	No.	£
A Ordinary shares of £0.001 each	8,333,334	8,333.33	8,333,334	8,333.33
B Ordinary shares of £0.001 each	9,182,011	9,182.01	4,628,747	4,628.75
B Preferred shares of £0.001 each	7,137,469	7,137.47	4,958,959	4,958.96
C Ordinary shares of £0.001 each	81,374	81.37	81,374	81.37
	24,734,188	24,734.19	18,002,414	18,002.41

The B Preferred shares carry certain preference rights in the event of a liquidation as outlined in the company's articles of association.

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Convertible debt	662,811	-

10	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £19,770 (2024 - £Nil).

11	APB Ethical Standards relevant circumstances

In common with many businesses of our size and nature we use our auditors to prepare and submit tax returns to the tax authorities and to assist with the preparation of the statutory financial statements.