SAVE MY EXAMS LIMITED

Company Registration Number:
10730279 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2025

Period of accounts

Start date: 01 January 2025

End date: 31 December 2025

SAVE MY EXAMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Notes

SAVE MY EXAMS LIMITED

Balance sheet

As at 31 December 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 24,710 12,237
Total fixed assets: 24,710 12,237
Current assets
Debtors:   3,268,838 608,664
Cash at bank and in hand: 1,156,724 846,030
Total current assets: 4,425,562 1,454,694
Creditors: amounts falling due within one year: 4 (6,425,649) (4,284,407)
Net current assets (liabilities): (2,000,087) (2,829,713)
Total assets less current liabilities: (1,975,377) (2,817,476)
Total net assets (liabilities): (1,975,377) (2,817,476)
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 414,153
Other reserves: 25,532 4,094
Profit and loss account: (2,000,910) (3,235,724)
Shareholders funds: (1,975,377) (2,817,476)

The notes form part of these financial statements

SAVE MY EXAMS LIMITED

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 September 2026
and signed on behalf of the board by:

Name: Stuart Taylor
Status: Director

The notes form part of these financial statements

SAVE MY EXAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: - the amount of revenue can be measured reliably; - it is probable that the Company will receive the consideration due under the contract; - the stage of completion of the contract at the end of the reporting period can be measured reliably - the costs incurred and the costs to complete the contract can be measured reliably. - Subscription revenue is recognised over the period of the subscription to which it relates. Amounts invoiced in advance of the service being provided are carried forward in creditors as deferred income and released to revenue as the related services are delivered.

Tangible fixed assets and depreciation policy

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis: Office equipment - 25% Straight line method Computer equipment - 33% Straight line method Trademarks - 10% Straight line method The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Intangible fixed assets and amortisation policy

Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. Amortisation is charged so as to write off the cost of the asset over its estimated useful life, on the following basis: Trademarks - 10% straight line method

Other accounting policies

Deferred taxation Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less, tax in the future. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference. Deferred tax balances are not discounted. Share-based payments Where employees of the Company are granted options over the shares of the parent company, the Company recognises an expense in profit or loss representing the fair value of the services received, measured by reference to the fair value of the options at the date of grant and recognised over the vesting period, with a corresponding credit to other reserves. Fair value is measured using the Black-Scholes option pricing model. Cash and cash equivalents Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. Dividends Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

SAVE MY EXAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

2. Employees

2025 2024
Average number of employees during the period 68 73

SAVE MY EXAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Intangible Assets

Total
Cost £
At 01 January 2025 13,393
Additions 14,890
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2025 28,283
Amortisation
At 01 January 2025 1,156
Charge for year 2,417
On disposals 0
Other adjustments 0
At 31 December 2025 3,573
Net book value
At 31 December 2025 24,710
At 31 December 2024 12,237

SAVE MY EXAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

4. Creditors: amounts falling due within one year note

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

SAVE MY EXAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

5. Changes in presentation and prior period adjustments

The Company has changed its accounting policy for the recognition of subscription revenue. Previously, revenue from subscriptions was recognised in full at the point of sale. Revenue is now recognised over the period of the subscription to which it relates, with amounts invoiced in advance of the service being provided carried forward as deferred income. The directors consider that the revised policy provides more relevant and reliable information about the Company's financial performance and position, because it reflects the period over which the Company satisfies its obligations to its customers.

SAVE MY EXAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

6. Related party transactions

Name of the related party:
Relationship:
Related Party
Description of the Transaction: At the balance sheet date the Company was owed £2,043,767 (2024: £234,470) by SME Holdco Limited, a company under common control. Of this amount, £1,774,630 (2024: £nil) represents a loan advanced during the year. The loan is interest-free and repayable on demand. The Company was owed £57,555 (2024: £62,123) by SME Holdco 2 Limited, its parent undertaking.
£
Balance at 01 January 2025 234,470
Balance at 31 December 2025 2,043,767