Stratticus Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Stratticus Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13764398 . The registered office is 74 Wells Street, London, W1T 3QQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% Staight Line

2.5. Foreign Currencies

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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Stratticus Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	245,000

As at 31 December 2024	245,000

Amortisation
As at 1 January 2024	49,000
Provided during the period	24,500

As at 31 December 2024	73,500

Net Book Value
As at 31 December 2024	171,500

As at 1 January 2024	196,000

5. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 January 2024	7,849

As at 31 December 2024	7,849

Depreciation
As at 1 January 2024	3,515
Provided during the period	1,962

As at 31 December 2024	5,477

Net Book Value
As at 31 December 2024	2,372

As at 1 January 2024	4,334

6. Investments

	Subsidiaries
	£
Cost
As at 1 January 2024	100

As at 31 December 2024	100

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	100

As at 1 January 2024	100

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Stratticus Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	41,937	59,675
Amounts owed by participating interests	-	458
Other debtors	455	217

	42,392	60,350

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	9,505	13,229
Amounts owed to group undertakings	191,578	213,236
Amounts owed to participating interests	12,092	15,804
Other creditors	24,844	8,151
Taxation and social security	26,421	24,765

	264,440	275,185

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	217	217

10. Related Party Transactions

The transactions entered into, and balances owed to/from related parties who are not wholly owned group companies are as follows:

Atticus Creative Limited

Common control

Amount due to related party £12,092 (2023: £12,092).

Stryve Morocco

Common control

Amount due to related party £Nil (2023: £1,838).

Stryve Atticus Limited ROI

Subsidiary

Amounts due to related party £45,840 (2023: £45,327)

Titan Technology Solutions Limited

Affiliated

Amounts due to related party £Nil (2023: £1.873).

Stryve Secure Limited

Affiliated

Amount due from related party £Nil (2023: £458).

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Stratticus Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Titan Technology Holdings Limited

Parent

Management charges of £Nil (2023: £352). Amount due to related party £145,738 (2023: £167,908).

The balance owed to Titan Technology Holdings Limited is unsecured and repayable on demand.

The balance owed to Atticus Creative Limited represents the balance of consideration payable upon aquisition of a business by the company.

11. Parent Undertaking and Controlling Party

The company's immediate and parent undertaking is Titan Technology Holdings Limited . Titan Technology Holdings Limited was incorporated in Republic of Ireland. The controlling party is Titan Technology Holdings Limited who controls 70% of the shares of Stratticus Limited .

12. Subsidiary Undertakings

The following was a subsidiary undertaking of the company:

Name

Stryve Atticus Limited

Registered office

Unit 3, Southcourt, Wexford Road Business Park, Carlow, Ireland

Class of shares

Ordinary

Holding

100%

Stryve Atticus Limited owns 100% of Stryve Atticus Limited IRO. The company is exempt from preparing consolidated financial statements under section 398 of the Companies Act 2006, as it qualifies as a small group.

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		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		171,500		196,000
Tangible Assets	5		2,372		4,334
Investments	6		100		100

			173,972		200,434
CURRENT ASSETS
Debtors	7	42,392		60,350
Cash at bank and in hand		34,636		17,998

		77,028		78,348
Creditors: Amounts Falling Due Within One Year	8	(264,440 )		(275,185 )

NET CURRENT ASSETS (LIABILITIES)			(187,412 )		(196,837 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(13,440 )		3,597

PROVISIONS FOR LIABILITIES
Deferred Taxation			(593 )		(823 )

NET (LIABILITIES)/ASSETS			(14,033 )		2,774

CAPITAL AND RESERVES
Called up share capital	9		217		217
Profit and Loss Account			(14,250 )		2,557

SHAREHOLDERS' FUNDS			(14,033)		2,774