KOMAINU UK LIMITED

Company Registration Number:
11841450 (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

KOMAINU UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Notes

KOMAINU UK LIMITED

Balance sheet

As at 31 December 2025


Notes
2025
2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 110,636 47,814
Tangible assets: 4 200,874 76,253
Investments:   0 0
Total fixed assets: 311,510 124,067
Current assets
Stocks: 0 0
Debtors: 5 1,563,288 295,567
Cash at bank and in hand: 103,838 109,554
Investments:   0 0
Total current assets: 1,667,126 405,121
Creditors: amounts falling due within one year: 6 (50,638,578) (30,294,750)
Net current assets (liabilities): (48,971,452) (29,889,629)
Total assets less current liabilities: (48,659,942) (29,765,562)
Provision for liabilities: (67,574) (200,000)
Total net assets (liabilities): (48,727,516) (29,965,562)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 2,544,253 2,127,083
Profit and loss account: (51,271,869) (32,092,745)
Shareholders funds: (48,727,516) (29,965,562)

The notes form part of these financial statements

KOMAINU UK 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 20 October 2026
and signed on behalf of the board by:

Name: Jonathan Patterson
Status: Director

The notes form part of these financial statements

KOMAINU UK 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

KOMAINU UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

2. Employees

2025 2024
Average number of employees during the period 39 29

KOMAINU UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Intangible Assets

Total
Cost £
At 01 January 2025 57,148
Additions 76,298
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2025 133,446
Amortisation
At 01 January 2025 9,334
Charge for year 13,476
On disposals 0
Other adjustments 0
At 31 December 2025 22,810
Net book value
At 31 December 2025 110,636
At 31 December 2024 47,814

KOMAINU UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

4. Tangible Assets

Total
Cost £
At 01 January 2025 178,075
Additions 193,759
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2025 371,834
Depreciation
At 01 January 2025 101,822
Charge for year 69,138
On disposals 0
Other adjustments 0
At 31 December 2025 170,960
Net book value
At 31 December 2025 200,874
At 31 December 2024 76,253

KOMAINU UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

5. Debtors

2025 2024
££
Debtors due after more than one year: 0 0

KOMAINU UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

6. Creditors: amounts falling due within one year note

Trade and other payables: 1,785,303 [2025] ; 656,320 [2024] Amounts due to parent company: 48,853,275 [2025]; 29,638,430 [2024]

KOMAINU UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

7. Changes in presentation and prior period adjustments

The Company has restated its prior year comparatives in these Financial Statements in respect of the Employee Incentive Plan, to reflect the Company’s apportioned share of the cost of Options granted, as required by both IFRS 2 Share-based Payment and Section 26 Share-based Payment of FRS 102. In addition, certain costs previously capitalised as proprietary software have been expensed through the Income Statement. At the same time, additional expenses from other Group entities have been recharged to the Company via cost reallocations and transfer pricing arrangements. The following sets out the changes made to the Financial Statements for the year ended 31 December 2024 as previously reported under IFRS, and as restated in these Financial Statements for the year ended 31 December 2025 (i)The Company has recognised the relevant cost apportionment of the total cost of Options granted in accordance with Section 26 Share-based Payment of FRS 102 (previously IFRS 2 Share-based Payment). This reduced the share-based payment charge previously recognised in the year ended 31 December 2024 and had no effect on total equity. (ii)The Company has recognised additional costs recharged to it by other Group entities, including transfer pricing recharges. (iii)The Company has de-recognised certain intangible assets (and associated amortisation and impairment charges) related to platform development costs and booked through profit and loss. Of the corrections in (ii) and (iii), £407,546 and £1,080,737 respectively related to periods before 1 January 2024. Total equity at 1 January 2024 has therefore been reduced by £1,488,283, with the remaining effect of £809,774 recognised in the loss for the year ended 31 December 2024.