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Company Registration No. 11495990 (England and Wales)
CYBERIADAI LTD Unaudited accounts for the year ended 31 December 2024
CYBERIADAI LTD Unaudited accounts Contents
Page
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CYBERIADAI LTD Company Information for the year ended 31 December 2024
Directors
Adam Dancewicz Martin Jasinski Piotr Surma
Company Number
11495990 (England and Wales)
Registered Office
Niddry Lodge 51 Holland Street London W8 7JB
Accountants
Salvares JBS UK Ltd Niddry Lodge 51 Holland Street London London W8 7JB
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CYBERIADAI LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
5,164,582 
5,009,763 
Current assets
Debtors
33,267 
34,264,172 
Cash at bank and in hand
130,865 
690,195 
164,132 
34,954,367 
Creditors: amounts falling due within one year
(14,750)
(12,215)
Net current assets
149,382 
34,942,152 
Net assets
5,313,964 
39,951,915 
Capital and reserves
Called up share capital
338 
338 
Share premium
6,217,648 
6,217,648 
Profit and loss account
(904,022)
33,733,929 
Shareholders' funds
5,313,964 
39,951,915 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by
Piotr Surma Director Company Registration No. 11495990
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CYBERIADAI LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
CYBERIADAI LTD is a private company, limited by shares, registered in England and Wales, registration number 11495990. The registered office is Niddry Lodge, 51 Holland Street, London, W8 7JB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities and the Companies Act 2006.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Investments
Investments in subsidiaries are measured at cost less impairment. Investments in shares are included at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in the fair value are included in the profit and loss account.
Small Groups
As at 31st December 2024 the Company was a parent company of CYBERIAD.AI Inc, a company registered in the state of Delaware, USA.
4
Investments
Subsidiary undertakings 
Other investments 
Total 
£ 
£ 
£ 
Valuation at 1 January 2024
1 
5,009,762 
5,009,763 
Additions
- 
68,293 
68,293 
Fair value adjustments
- 
86,526 
86,526 
Valuation at 31 December 2024
1 
5,164,581 
5,164,582 
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CYBERIADAI LTD Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
12,816 
12,816 
Amounts due from group undertakings etc.
876 
876 
Accrued income and prepayments
2,242 
- 
Other debtors
17,333 
34,250,480 
33,267 
34,264,172 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
14,568 
11,992 
Amounts owed to group undertakings and other participating interests
1,393 
1,434 
Taxes and social security
(1,211)
(1,211)
14,750 
12,215 
7
Transactions with related parties
In 2024 the Company was the parent and the ultimate controlling party of CYBERIAD.AI Inc, a company registered in the United States of America. As at 31/12/2024: - the value of investment in shares of CYBERIAD.AI Inc was 0.80 GBP - the value of loans to CYBERIAD.AI Inc and the accrued interest was 5,164,581.20 - the Company owed 517.44 to it's subsidiary, the figure being a difference of money owed to and due from the related party resulting from trade transactions between them.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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