REGISTERED NUMBER: 14320104 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Whatnot Global Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms M Khorsandi

J J Orta

V N Sathyamoorthy

SECRETARY:

Ms M Khorsandi

REGISTERED OFFICE:

12 New Fetter Lane

London

United Kingdom

EC4A 1JP

REGISTERED NUMBER:

14320104 (England and Wales)

AUDITORS:

Mark Arber Limited

Chartered Certified Accountants

& Statutory Auditors

71-75 Shelton Street

London

WC2H 9JQ

FIXED ASSETS

Tangible assets

4

16,790

34,469

CURRENT ASSETS

Debtors

5

2,716,336

3,901,149

Cash at bank

6,621,730

4,690,518

9,338,066

8,591,667

CREDITORS

Amounts falling due within one year

6

673,589

337,435

NET CURRENT ASSETS

8,664,477

8,254,232

TOTAL ASSETS LESS CURRENT LIABILITIES

8,681,267

8,288,701

CAPITAL AND RESERVES

Called up share capital

2

2

Share premium

8,248,291

8,248,291

Retained earnings

432,974

40,408

SHAREHOLDERS' FUNDS

8,681,267

8,288,701

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 September 2026 and were signed on its behalf by:

V N Sathyamoorthy - Director

1.	STATUTORY INFORMATION

Whatnot Global 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.

Going concern

These financial statements have been drawn up on the going concern basis. The company is dependent upon the support of its parent company, and only customer, in order to meet its working capital requirements. The parent company has provided assurances that this support will continue for a period that exceeds twelve months from the date of approval of these financial statements and believes it will have the funds required to provide this support. On the basis of these assurances the directors believe that the going concern basis is appropriate.

Turnover

Turnover represents amounts receivable from group undertakings under the terms of inter-company service agreements on a cost plus basis in respect of services provided. Turnover is recognised when the underlying chargeable costs are incurred in accordance with the terms of the relevant agreement.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Share based compensation

The employees of the company are entitled to participate in the group share based compensation scheme. Cost is recognised in these financial statements based on the fair value of the awards at the date of grant, amortized over any vesting period that may apply. The company has taken the exemption provided in FRS 102 Section 1.12D not to disclose details of share-based payment arrangements concerning equity instruments of another group entity.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

56,372

Additions

27,409

Disposals

(62,661

)

At 31 December 2025

21,120

DEPRECIATION

At 1 January 2025

21,903

Charge for year

17,385

Eliminated on disposal

(34,958

)

At 31 December 2025

4,330

NET BOOK VALUE

At 31 December 2025

16,790

At 31 December 2024

34,469

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed by group undertakings

2,268,127

3,496,895

Other debtors

448,209

404,254

2,716,336

3,901,149

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

86,760

35,972

Taxation and social security

272,869

169,301

Other creditors

313,960

132,162

673,589

337,435

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Within one year

575,632

26,807

Between one and five years

55,005

-

630,637

26,807

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Arber (Senior Statutory Auditor)

for and on behalf of Mark Arber Limited

9.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Whatnot Inc. a company incorporated in the United States of America. The ultimate controlling party is unknown.

10.	RELATED PARTY TRANSACTION

The company has taken the exemption provided by FFRS 102 Section 33.1A not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	AUDITOR LIABILITY LIMITATION AGREEMENT

The company has entered into a liability limitation agreement with Mark Arber Limited in respect of the audit of the financial statements for the year ended 31 December 2025. Under the agreement, the auditor's liability to the company in respect of negligence, default, breach of duty or breach of trust arising in connection with the audit is limited to £100,000, subject to sections 534 to 537 of the Companies Act 2006. The agreement was approved by the sole member of the company.