SOPHISTICATED STRATEGIES LTD.


Director	BOROWA, Malgorzata


Company Secretary	INCORPORATE SECRETARIAT LIMITED


Registered Address	167-169 Great Portland Street
	Fifth Floor
	London
	W1W 5PF


Registered Number	12316344 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		6,576		12,895
			6,576		12,895
Current assets
Debtors	4,5	349,365		247,112
Cash at bank and on hand		251		2,569
		349,616		249,681
Creditors amounts falling due within one year	6	(345,190)		(245,034)
Net current assets (liabilities)			4,426		4,647
Total assets less current liabilities			11,002		17,542
Net assets			11,002		17,542
Capital and reserves
Called up share capital			100		100
Profit and loss account			10,902		17,442
Shareholders' funds			11,002		17,542

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 Director acknowledges 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 Director on 27 September 2025, and are signed on its behalf by:

BOROWA, Malgorzata
Director
Registered Company No. 12316344

SOPHISTICATED STRATEGIES LTD.

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. The company was incorporated on the 15th of November 2019 and started trading on 1st January 2020.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	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.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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.

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.

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Plant and Machinery - Straight Line 33% Fixtures and Fittings - Straight Line 25% Office Equipment - Straight Line 25%

2.	Average number of employees


		2024		2023
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 24	43,665	12,129	55,794
Additions	-	2,963	2,963
At 31 December 24	43,665	15,092	58,757
Depreciation and impairment
At 01 January 24	37,428	5,471	42,899
Charge for year	6,237	3,045	9,282
At 31 December 24	43,665	8,516	52,181
Net book value
At 31 December 24	-	6,576	6,576
At 31 December 23	6,237	6,658	12,895

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Other debtors	4,488	29,140
Total	4,488	29,140


	Other Debtors, Include VAT (£392) and Malgorzata Borowa (£4,097)

5.	Debtors: amounts due after one year

	2024	2023
	£	£
Other debtors	344,877	217,972
Total	344,877	217,972


	Amounts owed by SecCrest Technology GmbH £344,877 at balance sheet date. Interest is receivable on intercompany loans to SecCrest Technology GmbH at 6.75%. The director has an interest as a shareholder of SecCrest Technology GmbH.

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	17,193	934
Taxation and social security	12,897	-
Accrued liabilities and deferred income	315,100	244,100
Total	345,190	245,034


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year
	Amounts owed to SecCrest GmbH £0 (2022 £23,630) at balance sheet date.