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ARTISIO LIMITED

Registered Number
12706184
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

ARTISIO LIMITED
Company Information
for the year from 1 January 2024 to 31 December 2024

Directors | W Amarasinghe
| B Qamarauli

Registered Address | 71 Queen Victoria Street
| London
| EC4V 4BE

Registered Number | 12706184 (England and Wales)

ARTISIO LIMITED
Balance Sheet as at
31 December 2024

| Notes | 2024 |  | 2023
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Intangible assets | 3 |  |  | 466,487 |  |  |  | 299,227
|  |  |  | 466,487 |  |  |  | 299,227
Current assets |  |  |  |  |  |  |  |
Debtors | 4 | 850 |  |  |  | 13,315 |  |
Cash at bank and on hand |  | 68,644 |  |  |  | 14,234 |  |
|  | 69,494 |  |  |  | 27,549 |  |
Creditors amounts falling due within one year | 5 | (105,522) |  |  |  | (219,008) |  |
Net current assets (liabilities) |  |  |  | (36,028) |  |  |  | (191,459)
Total assets less current liabilities |  |  |  | 430,459 |  |  |  | 107,768
Creditors amounts falling due after one year | 6 |  |  | (33,331) |  |  |  | (73,350)
Net assets |  |  |  | 397,128 |  |  |  | 34,418
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 277 |  |  |  | 270
Share premium |  |  |  | 450,402 |  |  |  | 335,905
Other reserves |  |  |  | 400,000 |  |  |  | -
Profit and loss account |  |  |  | (453,551) |  |  |  | (301,757)
Shareholders' funds |  |  |  | 397,128 |  |  |  | 34,418

- The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 26 August 2025, and are signed on its behalf by:
W Amarasinghe Director Registered Company No. 12706184

ARTISIO LIMITED
Notes to the Financial Statements
for the year ended 31 December 2024

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

| Basis of preparation
--- | ---
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

| Turnover policy
--- | ---
| 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.

| Employee benefits
--- | ---
| Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

| Foreign currency translation
--- | ---
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

| Current taxation
--- | ---
| Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Intangible assets
--- | ---
| Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

2. | Average number of employees
--- | ---

|  | 2024 |  | 2023
| Average number of employees during the year | 3 |  | 1

3. | Intangible assets
--- | ---

|  | Other |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 January 24 | 462,176 |  | 462,176
| Additions | 325,858 |  | 325,858
| At 31 December 24 | 788,034 |  | 788,034
| Amortisation and impairment
| At 01 January 24 | 162,949 |  | 162,949
| Charge for year | 158,598 |  | 158,598
| At 31 December 24 | 321,547 |  | 321,547
| Net book value
| At 31 December 24 | 466,487 |  | 466,487
| At 31 December 23 | 299,227 |  | 299,227

4. | Debtors: amounts due within one year
--- | ---

|  | 2024 |  | 2023
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade debtors / trade receivables | 850 |  | 13,315
| Total | 850 |  | 13,315

5. | Creditors: amounts due within one year
--- | ---

|  | 2024 |  | 2023
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 25,325 |  | 172,796
| Bank borrowings and overdrafts | 70,035 |  | 39,377
| Taxation and social security | 9,166 |  | 6,110
| Accrued liabilities and deferred income | 996 |  | 725
| Total | 105,522 |  | 219,008

6. | Creditors: amounts due after one year
--- | ---

|  | 2024 |  | 2023
--- | --- | --- | --- | ---
|  | £ |  | £
| Other creditors | 33,331 |  | 73,350
| Total | 33,331 |  | 73,350

7. | Share capital
--- | ---
| 71,416 Ordinary shares of £0.0001 each were allotted and fully paid at a premium of £1.6033 per share during the year.