HERE&NOW365 LIMITED

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—8

1. General Information

HERE&NOW365 LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 05177196 . The registered office is 2nd Floor, 39 Ludgate Hill, LONDON, EC4M 7JN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing balance method
Fixtures & Fittings	25% Reducing balance method
Computer Equipment	3 years straight line basis

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

Page 3

Page 4

HERE&NOW365 LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 19 (2025: 19)

Page 4

Page 5

HERE&NOW365 LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Intangible Assets

	Other
	£
Cost
As at 1 February 2025	27,354

As at 31 January 2026	27,354

Amortisation
As at 1 February 2025	10,941
Provided during the period	5,471

As at 31 January 2026	16,412

Net Book Value
As at 31 January 2026	10,942

As at 1 February 2025	16,413

5. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 February 2025	87,590
Additions	26,363

As at 31 January 2026	113,953

Depreciation
As at 1 February 2025	81,427
Provided during the period	9,489

As at 31 January 2026	90,916

Net Book Value
As at 31 January 2026	23,037

As at 1 February 2025	6,163

Page 5

Page 6

HERE&NOW365 LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

6. Investment Property

	2026
	£
Fair Value
As at 1 February 2025	-
Additions	544,619

As at 31 January 2026	544,619

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,366,341	1,677,206
Prepayments and accrued income	26,636	10,009
Future loan interests	724	6,741
Pleo ( Prepaid Card)	1,713	-
Director's loan account	227,304	-
Amounts owed by associates	425,000	-

	3,047,718	1,693,956
Due after more than one year
Other debtors-Future loan inte	-	726

	3,047,718	1,694,682

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	2,004,708	997,579
Bank loans and overdrafts	23,414	44,882
Other loans	-	39,322
Corporation tax	31,819	87,817
Other taxes and social security	21,456	20,812
VAT	161,141	171,533
Net wages	-	400
Credit Card	14,466	1,611
Pension liabilities	9,846	8,615
Accrued Expenses	5,250	1,750

...CONTINUED

Page 6

Page 7

HERE&NOW365 LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Accruals and deferred income	330,000	106,520
Director's loan account	-	2,696
Amounts owed to other participating interests	325,199	189,199

	2,927,299	1,672,736

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	22,309

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	50,000	50,000

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2026
	£	£	£	£	£
Mr Manish Tiwari	(2,696 )	230,000	-	-	227,304

At the balance sheet date, the director owed the company £227,304 (2025: £2,696 owed by the company to the director). The amount was repaid in full after the year end. No section 455 tax is payable, as the repayment was made within nine months and one day of the year end.

12. Related Party Transactions

The following amounts were due from/(to) related parties at the year end, and included within amounts owed by related parties and other creditors within the accounts:

Associated Companies	Staus	2026	2025
India Now Ltd	Director & shareholder	£425,000	£nil
India Now (Media) Ltd	Director & shareholder	(£100,000)	£nil
Ethnic Media Ltd	Director & shareholder	(£225,199)	(£189,199)

All the above amounts due from/(to) related parties are interest free and repayable in demand.

Page 7

Page 8

HERE&NOW365 LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

13. Ultimate Controlling Party

The controlling party is M TIWARI.

At the balance sheet date, the company was under sole control of Mr. Manish Tiwari by virtue of his 100% shares in the company therefore he is the ultimate controlling party.

Page 8

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		10,942		16,413
Tangible Assets	5		23,037		6,163
Investment Properties	6		544,619		-

			578,598		22,576
CURRENT ASSETS
Debtors	7	3,047,718		1,694,682
Cash at bank and in hand		757,599		1,347,383

		3,805,317		3,042,065
Creditors: Amounts Falling Due Within One Year	8	(2,927,299 )		(1,672,736 )

NET CURRENT ASSETS (LIABILITIES)			878,018		1,369,329

TOTAL ASSETS LESS CURRENT LIABILITIES			1,456,616		1,391,905

Creditors: Amounts Falling Due After More Than One Year	9		-		(22,309 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,759 )		(1,541 )

NET ASSETS			1,450,857		1,368,055

CAPITAL AND RESERVES
Called up share capital	10		50,000		50,000
Income Statement			1,400,857		1,318,055

SHAREHOLDERS' FUNDS			1,450,857		1,368,055