REGISTERED NUMBER: 13143165 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

EIS SOFTWARE UK LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Miloslavsky

S Synyanskyy

SECRETARY:

K S Bogen

REGISTERED OFFICE:

Linden House

Linden Close

Tunbridge Wells

Kent

TN4 8HH

REGISTERED NUMBER:

13143165 (England and Wales)

AUDITORS:

BSR Bespoke

Chartered Accountants & Statutory Auditors

Linden House

Linden Close

Tunbridge Wells

Kent

TN4 8HH

FIXED ASSETS

Tangible assets

4

12,291

17,551

Investments

5

9

9

12,300

17,560

CURRENT ASSETS

Debtors

6

1,337,699

1,000,092

Cash at bank and in hand

28,860

33,213

1,366,559

1,033,305

CREDITORS

Amounts falling due within one year

7

866,660

663,885

NET CURRENT ASSETS

499,899

369,420

TOTAL ASSETS LESS CURRENT LIABILITIES

512,199

386,980

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

512,198

386,979

512,199

386,980

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

S Synyanskyy - Director

1.	STATUTORY INFORMATION

EIS Software UK Ltd. 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and sales taxes.

Turnover from services rendered is recognised as the service is provided, specifically services provided under a cost-plus agreement are recognised as the eligible costs are incurred.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost and 20% on cost

Tangible fixed assets are recognised under the cost model and are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Financial instruments

The company enters into basic financial instruments that give rise to financial assets and financial liabilities including trade and other debtors, trade and other creditors, bank and other borrowings and investments in non puttable equity instruments.

Debt instruments which are not payable or receivable within one year are initially accounted for at the transaction price and are subsequently accounted for at amortised cost using the effective interest method. Debt instruments payable and receivable within one year are measured at their undiscounted cash amounts. Where the debt instruments are treated as a financing transaction, then the financial asset or liability is measured at the present value of future cash flows based on a market rate of interest.

Equity instruments are held at fair value, where this can be reasonably estimated. Where no reliable estimate of fair value is possible, equity instruments are accounted for at historical cost less accumulated impairment.

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.

Operating leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Share-based payments

Certain employees of the company are eligible to participate in the group share option scheme. At grant date, the fair value of equity-settled options is measured using a Black-Scholes pricing model, and is subsequently recognised over the vesting period of the options, charged to profit or loss with a corresponding increase in equity representing the capital contribution that will be made by the ultimate parent company when shares are issued. The amount charged to profit or loss is adjusted to reflect the number of options expected to vest at the balance sheet date.

Going concern

Management considers the company a going concern and have prepared the accounts on this basis, with the following material uncertainty relating to going concern:

Although the company is profitable, it relies on the wider group to generate all of its revenues and therefore its ability to continue trading is reliant on the group's ability to continue trading.

The latest financial results of the group show losses and net liabilities and despite cost optimisation and efficiency reviews, group management forecasts continued losses for the the next 12 months.

Group management believe they will be able to ensure appropriate funding is in place, through the continued support of existing group shareholders and existing long-term debt, to ensure the group can continue to meet it's current liabilities and continue trading for the next 12 months from the date these accounts are approved.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

30,737

Additions

5,839

Disposals

(13,857

)

At 31 December 2024

22,719

DEPRECIATION

At 1 January 2024

13,186

Charge for year

3,796

Eliminated on disposal

(6,554

)

At 31 December 2024

10,428

NET BOOK VALUE

At 31 December 2024

12,291

At 31 December 2023

17,551

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

9

NET BOOK VALUE

At 31 December 2024

9

At 31 December 2023

9

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

1,238,404

952,517

Other debtors

16,000

4,463

VAT

16,215

22,947

Accrued income

64,165

7,185

Prepayments

2,915

12,980

1,337,699

1,000,092

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

40,199

109,810

Amounts owed to group undertakings

541,015

377,051

Tax

33,131

30,949

Deferred tax

-

4,388

Other creditors

14,824

20,461

Accrued expenses

237,491

121,226

866,660

663,885

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Neil Looseley BSc FCA CTA (Senior Statutory Auditor)

for and on behalf of BSR Bespoke

9.	ULTIMATE CONTROLLING PARTY

The controlling party is EIS Parent Ltd.