REGISTERED NUMBER: 11209475 (England and Wales)

Financial Statements for the Year Ended 28 February 2026

for

Openuk

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr I A Burgess

Mr T S Eden

Ms D M Foster

Ms L J Mitchell

Dr R A Rumbul

Mr M R Woodward

Miss A C Brock

Mr H R Parekh

Mr M McQuaid

Ms C Schramm

Ms M Di Cerbo

Mr M Lodge

Mr J Cormack

Mr A Ward

REGISTERED OFFICE:

8 Coldbath Square

London

United Kingdom

EC1R 5HL

REGISTERED NUMBER:

11209475 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

2,301

1,804

CURRENT ASSETS

Debtors

5

184,000

181,252

Cash at bank

14,945

68,087

198,945

249,339

CREDITORS

Amounts falling due within one year

6

199,404

271,871

NET CURRENT LIABILITIES

(459

)

(22,532

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,842

(20,728

)

RESERVES

Income and expenditure account

1,842

(20,728

)

1,842

(20,728

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 surplus or deficit 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 4 November 2026 and were signed on its behalf by:

Mr I A Burgess - Director

1.	STATUTORY INFORMATION

Openuk is a private company, limited by guarantee , 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.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 March 2025

723

2,280

3,003

Additions

-

1,194

1,194

At 28 February 2026

723

3,474

4,197

DEPRECIATION

At 1 March 2025

201

998

1,199

Charge for year

78

619

697

At 28 February 2026

279

1,617

1,896

NET BOOK VALUE

At 28 February 2026

444

1,857

2,301

At 28 February 2025

522

1,282

1,804

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

170,000

181,229

Other debtors

14,000

23

184,000

181,252

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade creditors

20,510

24,293

Taxation and social security

24,710

45,092

Other creditors

154,184

202,486

199,404

271,871