REGISTERED NUMBER: 16214011 (England and Wales)

Unaudited Financial Statements

for the Period 28 January 2025 to 31 December 2025

for

Frankly Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P L Wheeler

B S Halfacre

M A Hughes

REGISTERED OFFICE:

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

REGISTERED NUMBER:

16214011 (England and Wales)

ACCOUNTANTS:

RAA Ward Mackenzie Ltd

Chartered Accountants

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

Fixed assets

Investments

4

383,650

Current assets

Debtors

5

11,250

Creditors

Amounts falling due within one year

6

(388,184

)

Net current liabilities

(376,934

)

Total assets less current liabilities

6,716

Capital and reserves

Called up share capital

7

11,250

Retained earnings

8

(4,534

)

6,716

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

The members have not required the company to obtain an audit of its financial statements for the period 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 15 October 2026 and were signed on its behalf by:

B S Halfacre - Director

1.	STATUTORY INFORMATION

Frankly Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The principal activity of the company is to act as the holding company of a financial technology group providing mortgage and protection services through a digital platform.

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.

TAXATION

The tax expense represents the sum of the tax currently payable and deferred tax.

CURRENT TAX

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

DEFERRED TAX

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

GOING CONCERN

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements and will continue to support the company financially.

PROVISIONS FOR LIABILITIES

Provisions are made where an event has taken place that gives the Company a legal constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the Statement of Income and Retained Earnings in the year that the company becomes aware of the obligation, and are measured at the best estimates at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the Balance sheet.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

Additions

383,650

At 31 December 2025

383,650

NET BOOK VALUE

At 31 December 2025

383,650

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Frankly Group Limited

Registered office: Thatcher House, 12 Mount Ephraim, Tunbridge Wells, Kent, United Kingdom, TN4 8AS

Nature of business: operation of a financial technology platform

%

Class of shares:

holding

Ordinary

100.00

2025

£

Aggregate capital and reserves

111,632

Loss for the period

(272,018

)

The unlisted investments are shown at cost at the balance sheet date. The director is of the opinion that there has been no material change in value.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

11,250

The directors consider the carrying value of trade and other receivables approximate to their fair values.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1,290

Amounts owed to group undertakings

386,894

388,184

The directors consider the carrying amounts of current liabilities approximate to their fair values.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and unpaid:

Number

Class:

Nominal Value

2025

£

£

8250

Ordinary A1

1

8250

1500

Ordinary A2

1

1500

1000

Ordinary B1

1

1000

500

Ordinary B2

1

500

8.

RESERVES

Retained

earnings

£

Deficit for the period

(4,534

)

At 31 December 2025

(4,534

)

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

9.	RELATED PARTY DISCLOSURES

At the year end, the company owed £382,273 to MAP Energy Funding Solutions Limited, a fellow group undertaking, and £4,621 to Frankly Group Limited, its wholly-owned subsidiary undertaking.

10.

CHARGE

On 3April2025, the company created a charge in favour of MAPEnergyFundingSolutionsLimited. The charge comprises fixed and floating charges over the assets and undertaking of the company and includes a negative pledge restricting further security over those assets.

The charge was registered at CompaniesHouse on11April2025 under charge code 162140110001. This charge secures amounts due under financing arrangements with the lender.