REGISTERED NUMBER: 11537359 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

INTREPID GLOBAL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A Kyriacou

Mr P Philippou

Mr N Kyriacou

REGISTERED OFFICE:

1 Kings Avenue

London

N21 3NA

REGISTERED NUMBER:

11537359 (England and Wales)

ACCOUNTANTS:

AGK Partners

Chartered Accountants

1 Kings Avenue

Winchmore Hill

London

N21 3NA

FIXED ASSETS

Intangible assets

4

11,531

24,990

Property, plant and equipment

5

7,804

7,361

19,335

32,351

CURRENT ASSETS

Debtors

6

1,193,704

894,022

Cash at bank and in hand

128,804

5,492

1,322,508

899,514

CREDITORS

Amounts falling due within one year

7

1,147,363

894,778

NET CURRENT ASSETS

175,145

4,736

TOTAL ASSETS LESS CURRENT LIABILITIES

194,480

37,087

PROVISIONS FOR LIABILITIES

9

1,483

1,840

NET ASSETS

192,997

35,247

CAPITAL AND RESERVES

Called up share capital

10

300,100

300,100

Retained earnings

(107,103

)

(264,853

)

192,997

35,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2026 and were signed on its behalf by:

Mr A Kyriacou - Director

1.	STATUTORY INFORMATION

Intrepid 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.

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

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.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are significant judgements and estimates involved in the preparation of the financial statements.

Revenue

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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax.

Revenue is recognised when services are rendered to the customers.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Website development costs are being amortised in equal annual instalments over its estimated economic life of 3 years.

Property,plant and equipment

Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives

Fixtures and fittings - 25% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 equivalent

Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Invoice discounting debts

The company has all of its sales invoices subjected to invoice discounting. The company's invoice discounting arrangements can neither be called as derecognition nor linked presentation. Hence a separate presentation has been adopted whereby gross debts are shown as an asset on the balance sheet and proceeds from the invoice discounting facility are included within creditors as a liability.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

58,281

AMORTISATION

At 1 April 2025

33,291

Charge for year

13,459

At 31 March 2026

46,750

NET BOOK VALUE

At 31 March 2026

11,531

At 31 March 2025

24,990

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 April 2025

35,107

Additions

4,156

At 31 March 2026

39,263

DEPRECIATION

At 1 April 2025

27,746

Charge for year

3,713

At 31 March 2026

31,459

NET BOOK VALUE

At 31 March 2026

7,804

At 31 March 2025

7,361

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

971,553

598,876

Other debtors

222,151

295,146

1,193,704

894,022

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

12,800

23,674

Taxation and social security

233,985

210,627

Other creditors

900,578

660,477

1,147,363

894,778

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Invoice discounting

761,570

485,553

Loan is secured by way of fixed and floating charge on the assets of the company and contains a negative pledge.

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

1,483

1,840

Deferred

tax

£

Balance at 1 April 2025

1,840

Provided during year

(357

)

Balance at 31 March 2026

1,483

10.	CALLED UP SHARE CAPITAL

Alloted,issued and fully paid

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

300000

Redeemable preference shares

£1

300,000

300,000

300,100

300,100

11.	RELATED PARTY DISCLOSURES

Included in other creditors due within one year is an amount of £2,316 (2025: £5,016) due to the directors of the company. The loan remains interest free and repayable on demand.