REGISTERED NUMBER: 13823849 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Rizeapp Uk Limited

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

Mrs Dina Karol-Gavish

REGISTERED OFFICE:

25 Wilton Road

Victoria

London

SW1V 1LW

REGISTERED NUMBER:

13823849 (England and Wales)

ACCOUNTANTS:

K Treppides & Co (UK) Ltd

15-19 Bloomsbury Way

London

WC1A 2TH

The director presents her report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of holding the IP of Finskale and domain of Trade.com.

DIRECTOR

Mrs Dina Karol-Gavish held office during the whole of the period from 1 January 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs Dina Karol-Gavish - Director

30 September 2025

TURNOVER

-

-

Cost of sales

-

(26,234

)

GROSS LOSS

-

(26,234

)

Administrative expenses

(127,478

)

8,884

OPERATING LOSS

(127,478

)

(17,350

)

Interest payable and similar expenses

(142,455

)

(45,601

)

LOSS BEFORE TAXATION

(269,933

)

(62,951

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(269,933

)

(62,951

)

FIXED ASSETS

Intangible assets

4

3,449,449

3,449,449

CURRENT ASSETS

Debtors

5

57,534

57,534

CREDITORS

Amounts falling due within one year

6

(1,881

)

(1,795

)

NET CURRENT ASSETS

55,653

55,739

TOTAL ASSETS LESS CURRENT LIABILITIES

3,505,102

3,505,188

CREDITORS

Amounts falling due after more than one year

7

(3,780,452

)

(3,510,605

)

NET LIABILITIES

(275,350

)

(5,417

)

CAPITAL AND RESERVES

Called up share capital

57,534

57,534

Retained earnings

(332,884

)

(62,951

)

(275,350

)

(5,417

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

Mrs Dina Karol-Gavish - Director

1.	STATUTORY INFORMATION

Rizeapp Uk Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

€

COST

At 1 January 2024

and 31 December 2024

3,449,449

NET BOOK VALUE

At 31 December 2024

3,449,449

At 31 December 2023

3,449,449

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

€

€

Amounts owed by group undertakings

57,534

57,534

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

€

€

Other creditors

1,881

1,795

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

€

€

Other creditors

3,780,452

3,510,605