ACCOUNTS - Final Accounts preparation

Registered number: 10211526

GRISHIN ROBOTICS ADVISORS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024


GRISHIN ROBOTICS ADVISORS LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 4


GRISHIN ROBOTICS ADVISORS LIMITED REGISTERED NUMBER:10211526

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	219,493		205,829
Cash at bank and in hand		947		19
		220,440		205,848
Current liabilities
Creditors: amounts falling due within one year	5	(155,910)		(150,176)
Net current assets			64,530		55,672

Net assets			64,530		55,672

Capital and reserves
Called up share capital	6	100	100
Profit and loss account		64,430	55,572
		64,530	55,672

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 September 2025.

V Israelyan

Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1


GRISHIN ROBOTICS ADVISORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Grishin Robotics Advisors Limited is private company limited by shares and incorporated in England & Wales, with its registered office and principal place of business at 4 Hill Street, London, England, W1J 5NE.
The principal activity of the company is that of financial advisory services.
The company's functional and presentational currency is £ Sterling.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue represents fees receivable for financial advisory services provided during the year and are recognised when the services are provided.

2.3

Basic financial instruments

The company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash and cash equivalents, and loans with related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.

Cash and cash equivalents comprise cash balances and call deposits.

Page 2


GRISHIN ROBOTICS ADVISORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

Foreign currency translation

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Comprehensive Income.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Debtors

					2024	2023
					£	£


Provision for bad debts	(88,213)	(88,213)
Accrued income	307,706	294,042
	219,493	205,829

Page 3


GRISHIN ROBOTICS ADVISORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Taxation and social security	2,078	910
Other creditors	151,942	145,066
Accruals and deferred income	1,890	4,200
	155,910	150,176

6.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

51 A Ordinary shares of £1 each	51	51
49 B Ordinary shares of £1 each	49	49

	100	100

he A Ordinary shares and B Ordinary shares rank pari passu except that the holders of the majority of the A Ordinary shares may appoint one director and the holders of the majority of the B Ordinary shares may appoint another director.

7.	Parent undertaking

The company's immediate parent undertaking is Grishin Robotics GP Limited, a company incorporated in Cayman Islands with its registered office at One Capital Place, 4th Floor, George Town, Grand Cayman. The company's ultimate parent undertaking is Denholma Limited, a company incorporated in British Virgin Islands with its registered office at P.O. Box 4203, Rough Point, Mount Healthy, Tortola.

Page 4