IRIS Accounts Production v26.1.10.61 13682065 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false Ordinary share capital - A 0.01000 Ordinary share capital - B 0.01000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13682065 2024-12-31 13682065 2025-12-31 13682065 2025-01-01 2025-12-31 13682065 2023-12-31 13682065 2024-01-01 2024-12-31 13682065 2024-12-31 13682065 ns15:EnglandWales 2025-01-01 2025-12-31 13682065 ns14:PoundSterling 2025-01-01 2025-12-31 13682065 ns10:Director1 2025-01-01 2025-12-31 13682065 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13682065 ns10:SmallEntities 2025-01-01 2025-12-31 13682065 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 13682065 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 13682065 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 13682065 ns10:FullAccounts 2025-01-01 2025-12-31 13682065 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 13682065 ns10:OrdinaryShareClass2 2025-01-01 2025-12-31 13682065 ns10:Director2 2025-01-01 2025-12-31 13682065 ns10:RegisteredOffice 2025-01-01 2025-12-31 13682065 ns5:CurrentFinancialInstruments 2025-12-31 13682065 ns5:CurrentFinancialInstruments 2024-12-31 13682065 ns5:Non-currentFinancialInstruments 2025-12-31 13682065 ns5:Non-currentFinancialInstruments 2024-12-31 13682065 ns5:ShareCapital 2025-12-31 13682065 ns5:ShareCapital 2024-12-31 13682065 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 13682065 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 13682065 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-01-01 2025-12-31 13682065 ns5:FurnitureFittings 2025-01-01 2025-12-31 13682065 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 13682065 ns5:FurnitureFittings 2024-12-31 13682065 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-12-31 13682065 ns5:FurnitureFittings 2025-12-31 13682065 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 13682065 ns5:FurnitureFittings 2024-12-31 13682065 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 13682065 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 13682065 ns5:CurrentFinancialInstruments 2025-01-01 2025-12-31 13682065 ns5:WithinOneYear 2025-12-31 13682065 ns5:WithinOneYear 2024-12-31 13682065 ns5:BetweenOneFiveYears 2025-12-31 13682065 ns5:BetweenOneFiveYears 2024-12-31 13682065 ns5:MoreThanFiveYears 2025-12-31 13682065 ns5:MoreThanFiveYears 2024-12-31 13682065 ns5:AllPeriods 2025-12-31 13682065 ns5:AllPeriods 2024-12-31 13682065 ns10:OrdinaryShareClass1 2025-12-31 13682065 ns10:OrdinaryShareClass2 2025-12-31

REGISTERED NUMBER: 13682065 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

INFINITSPACE ALDGATE UK LIMITED

INFINITSPACE ALDGATE UK LIMITED (REGISTERED NUMBER: 13682065)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

INFINITSPACE ALDGATE UK LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | Wybo Wijnbergen

| Wilco Wijnbergen

| REGISTERED OFFICE: | 55 Loudoun Road

| St John's Wood

| London

| NW8 0DL

| REGISTERED NUMBER: | 13682065 (England and Wales)

| ACCOUNTANTS: | mgr Weston Kay LLP

| Chartered Accountants

| 55 Loudoun Road

| St John's Wood

| London

| NW8 0DL

| BUSINESS ADDRESS: | Aldgate Tower

| 2 Leman Street

| E1 8FA

INFINITSPACE ALDGATE UK LIMITED (REGISTERED NUMBER: 13682065)

BALANCE SHEET

31 DECEMBER 2025

| 31.12.25 |  | 31.12.24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 869,431 |  | 816,090 |  |

CURRENT ASSETS

Debtors | 5 | 4,467,153 |  | 3,612,417 |  |

Cash at bank | 184,455 |  | 286,735 |  |

4,651,608 |  | 3,899,152 |  |

CREDITORS

Amounts falling due within one year | 6 | (11,093,742 | ) | (9,162,245 | ) |

NET CURRENT LIABILITIES | (6,442,134 | ) | (5,263,093 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (5,572,703 | ) | (4,447,003 | ) |

CREDITORS

Amounts falling due after more than one year | 7 | (2,340,883 | ) | (2,340,883 | ) |

NET LIABILITIES | (7,913,586 | ) | (6,787,886 | ) |

CAPITAL AND RESERVES

Called up share capital | 9 | 2 |  | 2 |  |

Retained earnings | (7,913,588 | ) | (6,787,888 | ) |

SHAREHOLDERS' FUNDS | (7,913,586 | ) | (6,787,886 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

INFINITSPACE ALDGATE UK LIMITED (REGISTERED NUMBER: 13682065)

BALANCE SHEET - continued

31 DECEMBER 2025

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 7 July 2026 and were signed on its behalf by:

Wybo Wijnbergen - Director

INFINITSPACE ALDGATE UK LIMITED (REGISTERED NUMBER: 13682065)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Infinitspace Aldgate Uk 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

| Accounting convention

| These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

| The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

| 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.

| Turnover

| Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

| Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

| Tangible fixed assets

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

| Land and buildings | - | Straight line over 10 years

| Fixtures and fittings | - | Straight line over 3 years

| The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

INFINITSPACE ALDGATE UK LIMITED (REGISTERED NUMBER: 13682065)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Employee benefits

| The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

| The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

| Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits

| Leases

| Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

| Foreign exchange

| Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

INFINITSPACE ALDGATE UK LIMITED (REGISTERED NUMBER: 13682065)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Impairment of fixed assets

| At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

| Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

| Cash and cash equivalents

| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| Equity instruments

| Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 9 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Land and |  | and |

| buildings |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 981,856 |  | 265,575 |  | 1,247,431 |  |

| Additions | 128,621 |  | 2,518 |  | 131,139 |  |

| At 31 December 2025 | 1,110,477 |  | 268,093 |  | 1,378,570 |  |

| DEPRECIATION

| At 1 January 2025 | 181,387 |  | 249,954 |  | 431,341 |  |

| Charge for year | 69,397 |  | 8,401 |  | 77,798 |  |

| At 31 December 2025 | 250,784 |  | 258,355 |  | 509,139 |  |

| NET BOOK VALUE

| At 31 December 2025 | 859,693 |  | 9,738 |  | 869,431 |  |

| At 31 December 2024 | 800,469 |  | 15,621 |  | 816,090 |  |

INFINITSPACE ALDGATE UK LIMITED (REGISTERED NUMBER: 13682065)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade debtors | 366,232 |  | 122,258 |  |

| Other debtors | 4,100,921 |  | 3,490,159 |  |

4,467,153 |  | 3,612,417 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade creditors | 1,497,588 |  | 640,260 |  |

| Taxation and social security | 12,626 |  | 56,922 |  |

| Other creditors | 9,583,528 |  | 8,465,063 |  |

11,093,742 |  | 9,162,245 |  |

| Included within other creditors is an amount of £7,358,695 (2024: £6,688,384) in regards to the lease rent free incentive provided to Infinitspace Aldgate UK limited with a duration of 15 years expiring 31 January 2037.

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Amounts owed to group undertakings | 2,340,883 |  | 2,340,883 |  |

8. | OPERATING LEASE COMMITMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

| 31.12.25 |  | 31.12.24

£ | £ |

| Within one year | 2,910,115 |  | 2,046,174 |  |

| Between one and five years | 13,455,031 |  | 40,263,102 |  |

| In more than five years | 20,474,492 |  | - |  |

36,839,638 |  | 42,309,276 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.25 |  | 31.12.24

| value: | £ | £ |

| 102 | Ordinary share capital - A | £0.01 | 1 |  | 1 |  |

| 98 | Ordinary share capital - B | £0.01 | 1 |  | 1 |  |

2 |  | 2 |  |

INFINITSPACE ALDGATE UK LIMITED (REGISTERED NUMBER: 13682065)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

10. | RELATED PARTY TRANSACTIONS

| The following amounts were outstanding at the reporting end date:

| Within other creditors due after more than one year is an amount of £2,340,883 (2024: £2,340,883) owed to

| Infinitspace Holding BV, interest is charged monthly on this balance at 8% and the loan has no formal repayment terms.

| Within trade creditors is an amount of £18,824 (2024: £38,182) payable to InfinitSpace BV and £31,065 (2024: £20,462) payable to Infinitspace Uk One LTD. These amounts are interest free and payable on demand.

11. | PARENT COMPANY

| The immediate parent company is Infinitspace Holding B.V , a company registered in Netherlands