Registration number: 13971315

Bloom App Limited

Contents

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

Bloom App Limited

Company Information

Directors

J True A Crane J Bekhor S Liptrap

Registered office

Labs House 15-19 Bloomsbury Way London WC1A 2TH

Auditors

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

Bloom App Limited

(Registration number: 13971315)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	13,672	14,923
Tangible assets	5	13,434	43,893
		27,106	58,816
Current assets
Debtors	6	463,572	287,285
Cash at bank and in hand		2,681,403	413,724
		3,144,975	701,009
Creditors: Amounts falling due within one year	7	(3,738,812)	(552,060)
Net current (liabilities)/assets		(593,837)	148,949
Net (liabilities)/assets		(566,731)	207,765
Capital and reserves
Called up share capital	8	154,670	114,167
Share premium reserve		9,740,773	8,201,666
Retained earnings		(10,462,174)	(8,108,068)
Shareholders' (deficit)/funds		(566,731)	207,765

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 15 September 2026 and signed on its behalf by:
 

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

Bloom App Limited

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 U.K.

The address of its registered office is:
Labs House
15-19 Bloomsbury Way
London
WC1A 2TH

These financial statements were authorised for issue by the Board on 15 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 and cash flow 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 equity fund raise, however this is not currently anticipated.

Bloom App Limited

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 15 September 2026 was V Chrysostomou, who signed for and on behalf of Thomas Alexander & Co Limited.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of susbcription 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

Bloom App Limited

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
Domain	15 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 for 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.

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.

Bloom App Limited

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

Share based payments

The company operates an equity-settled, share-based compensation plan, under which the entity receives
services from employees as 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 - 34).

Bloom App Limited

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	17,442	17,442
At 31 December 2025	17,442	17,442
Amortisation
At 1 January 2025	2,519	2,519
Amortisation charge	1,251	1,251
At 31 December 2025	3,770	3,770
Carrying amount
At 31 December 2025	13,672	13,672
At 31 December 2024	14,923	14,923

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2025	94,142	94,142
Additions	1,666	1,666
Disposals	(6,923)	(6,923)
At 31 December 2025	88,885	88,885
Depreciation
At 1 January 2025	50,249	50,249
Charge for the year	28,735	28,735
Eliminated on disposal	(3,533)	(3,533)
At 31 December 2025	75,451	75,451
Carrying amount
At 31 December 2025	13,434	13,434
At 31 December 2024	43,893	43,893

Bloom App Limited

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

6

Debtors

	Note	2025 £	2024 £
Trade debtors		334,766	-
Other debtors		-	21,809
Prepayments		30,288	31,349
Corporation tax receivable		98,518	234,127
		463,572	287,285

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	101,715	34,179
Taxation and social security	51,126	67,943
Accruals and deferred income	585,973	115,010
Other creditors	2,999,998	334,928
	3,738,812	552,060

Included in other creditors is an amount of £2,999,998 (2024: £334,928) which represents subscription funds received in advance in respect of equity shares issued post year end.

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
A Ordinary shares of £0.01 each	9,274,798	92,747.98	9,274,798	92,747.98
A Preferred shares of £0.01 each	6,192,145	61,921.45	2,141,868	21,418.68
	15,466,943	154,669.43	11,416,666	114,166.66

The A Preferred shares carry certain preference rights on liquidation and on an exit event as outlined in the Company's Articles of Association.

Bloom App Limited

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

9	Non adjusting events after the financial period

On 15th January 2026 the company allotted 7,692,302 A Preferred shares of £0.01 each for an aggregate consideration of £2,999,998.

10	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.