REGISTERED NUMBER: 12727591 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

CoSpace Group SA Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr W D Stokes

Mr A D Thomas

REGISTERED OFFICE:

25 Town Square

Stevenage

Hertfordshire

SG1 1BP

REGISTERED NUMBER:

12727591 (England and Wales)

FIXED ASSETS

Tangible assets

5

116,811

-

CURRENT ASSETS

Debtors

6

36,311

8,688

Cash at bank

15,093

111

51,404

8,799

CREDITORS

Amounts falling due within one year

7

299,368

34,678

NET CURRENT LIABILITIES

(247,964

)

(25,879

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(131,153

)

(25,879

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(131,253

)

(25,979

)

SHAREHOLDERS' FUNDS

(131,153

)

(25,879

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2026 and were signed on its behalf by:

Mr W D Stokes - Director

Mr A D Thomas - Director

1.	STATUTORY INFORMATION

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:

25 Town Square

Stevenage

Hertfordshire

SG1 1BP

England

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 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 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.

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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

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 at the transaction.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

Additions

94,708

28,854

2,599

126,161

At 31 December 2025

94,708

28,854

2,599

126,161

DEPRECIATION

Charge for year

7,892

1,350

108

9,350

At 31 December 2025

7,892

1,350

108

9,350

NET BOOK VALUE

At 31 December 2025

86,816

27,504

2,491

116,811

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,976

-

Amounts owed by group undertakings

7,024

-

Deferred tax asset

11,843

8,688

Prepayments

7,468

-

36,311

8,688

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

63,374

-

Amounts owed to group undertakings

172,097

34,478

VAT

22,675

-

Other creditors

28,800

-

Accruals and deferred income

12,422

200

299,368

34,678

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

0.001

100

100

9.	RELATED PARTY TRANSACTIONS

At balance sheet date the company owed £94,937 (2024: £34,378) to Cospace group limited the parent company. There is no interest charged and the amount is fully repayable on demand.

At balance sheet date the company owed £20,920 (2024: £100) to Cospace Group Stevenage NO25 Limited, a connected subsidiary. There is no interest charged and the amount is fully repayable on demand.

At balance sheet date the company owed £500 (2024: £0) to Cospace Group Reading QH Limited, a connected subsidiary. There is no interest charged and the amount is fully repayable on demand.

At balance sheet date the company owed £48.716 (2024: £0) to Cospace Group MK EH Limited, a connected subsidiary. There is no interest charged and the amount is fully repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is Cospace Group Limited, incorporated in England & Wales.

The ultimate controlling party is Mr W Stokes & Mr A Thomas by virtue of their shareholding in the parent company.