4 01/01/2024 31/12/2024 2024-12-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2024-01-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 12746550 2024-01-01 2024-12-31 12746550 2024-12-31 12746550 2023-12-31 12746550 2023-01-01 2023-12-31 12746550 2023-12-31 12746550 2022-12-31 12746550 bus:Director1 2024-01-01 2024-12-31 12746550 core:LandBuildings core:ShortLeaseholdAssets 2023-12-31 12746550 core:PlantMachinery 2023-12-31 12746550 core:FurnitureFittingsToolsEquipment 2023-12-31 12746550 core:LandBuildings core:ShortLeaseholdAssets 2024-12-31 12746550 core:PlantMachinery 2024-12-31 12746550 core:FurnitureFittingsToolsEquipment 2024-12-31 12746550 core:CapitalRedemptionReserve 2023-01-01 2023-12-31 12746550 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 12746550 core:CapitalRedemptionReserve 2024-01-01 2024-12-31 12746550 core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 12746550 core:WithinOneYear 2024-12-31 12746550 core:WithinOneYear 2023-12-31 12746550 core:UKTax 2024-01-01 2024-12-31 12746550 core:UKTax 2023-01-01 2023-12-31 12746550 core:ShareCapital 2024-12-31 12746550 core:ShareCapital 2023-12-31 12746550 core:CapitalRedemptionReserve 2024-12-31 12746550 core:CapitalRedemptionReserve 2023-12-31 12746550 core:RetainedEarningsAccumulatedLosses 2024-12-31 12746550 core:RetainedEarningsAccumulatedLosses 2023-12-31 12746550 core:ShareCapital 2022-12-31 12746550 core:CapitalRedemptionReserve 2022-12-31 12746550 core:RetainedEarningsAccumulatedLosses 2022-12-31 12746550 core:PreviouslyStatedAmount core:ShareCapital 2024-12-31 12746550 core:BetweenOneFiveYears 2024-12-31 12746550 core:BetweenOneFiveYears 2023-12-31 12746550 core:DeferredTaxation 2024-01-01 2024-12-31 12746550 core:LandBuildings core:ShortLeaseholdAssets 2024-01-01 2024-12-31 12746550 core:PlantMachinery 2024-01-01 2024-12-31 12746550 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 12746550 core:AcceleratedTaxDepreciationDeferredTax 2024-12-31 12746550 core:AcceleratedTaxDepreciationDeferredTax 2023-12-31 12746550 core:LandBuildings core:ShortLeaseholdAssets 2023-12-31 12746550 core:PlantMachinery 2023-12-31 12746550 core:FurnitureFittingsToolsEquipment 2023-12-31 12746550 core:DeferredTaxation 2023-12-31 12746550 core:DeferredTaxation 2024-12-31 12746550 bus:SmallEntities 2024-01-01 2024-12-31 12746550 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12746550 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12746550 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12746550 bus:FullAccounts 2024-01-01 2024-12-31 12746550 core:WithinOneYear 2024-01-01 2024-12-31
Company registration number: 12746550
ANTITHESIS UK LIMITED
Unaudited filleted financial statements
31 December 2024
ANTITHESIS UK LIMITED
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
ANTITHESIS UK LIMITED
Statement of financial position
31 December 2024

|  |  | 2024 |  |  |  | 2023 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 6 | 15,743 |  |  |  | 23,102 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 15,743 |  |  |  | 23,102
Current assets |  |  |  |  |  |  |  |  |
Debtors: |  |  |  |  |  |  |  |  |
| Amounts falling due within one year | 7 | 51,221 |  |  |  | 46,672 |  |
Cash at bank and in hand |  |  | 200,962 |  |  |  | 134,930 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 252,183 |  |  |  | 181,602 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 9 | ( 80,786) |  |  |  | ( 58,029) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 171,397 |  |  |  | 123,573
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 187,140 |  |  |  | 146,675
Provisions for liabilities |  | 10 |  |  | ( 1,715) |  |  |  | ( 2,880)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 185,425 |  |  |  | 143,795
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 1 |  |  |  | 1
Capital redemption reserve |  | 12 |  |  | 18,094 |  |  |  | 11,217
Profit and loss account |  | 12 |  |  | 167,330 |  |  |  | 132,577
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 185,425 |  |  |  | 143,795
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 29 September 2025 , and are signed on behalf of the board by:
N J Lavezzo
Director
Company registration number: 12746550
ANTITHESIS UK LIMITED
Statement of changes in equity
Year ended 31 December 2024

|  | Called up share capital |  | Capital redemption reserve |  | Profit and loss account | Total |  |  |
|  | £ |  | £ |  | £ | £ |  |  |
At 1 January 2023 |  | 1 |  | 5,715 |  | 93,855 | 99,571 |  |  |
Profit for the year |  |  |  |  |  | 38,722 | 38,722 |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
Total comprehensive income for the year |  | - |  | - |  | 38,722 | 38,722 |  |  |
Shared based credit |  | - |  | 5,502 |  | - | 5,502 |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
Total investments by and distributions to owners |  | - |  | 5,502 |  | - | 5,502 |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
At 31 December 2023 and 1 January 2024 |  | 1 |  | 11,217 |  | 132,577 | 143,795 |  |  |
Profit for the year |  |  |  |  |  | 34,753 | 34,753 |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
Total comprehensive income for the year |  | - |  | - |  | 34,753 | 34,753 |  |  |
Share based payment |  | - |  | 6,877 |  | - | 6,877 |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
Total investments by and distributions to owners |  | - |  | 6,877 |  | - | 6,877 |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |
At 31 December 2024 |  | 1 |  | 18,094 |  | 167,330 | 185,425 |  |  |
|  | _______ |  | _______ |  | _______ | _______ |  |  |

ANTITHESIS UK LIMITED
Notes to the financial statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is Antithesis UK Limited, Garrards, Cowfold Road, WEST GRINSTEAD, West Sussex, RH13 8LY.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
Antithesis UK Limited has received written confirmation from Antithesis Operations, LLC, a company under common control, that it will continue to provide financial support to the Company for a period of at least twelve months from the date of signing these financial statements. For this reason, the directors adopt the going concern basis in preparing these financial statements.
Turnover
Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, and value added tax. Rendering of services Turnover is recognised on a cost plus 6% basis, in line with the intercompany service agreement with the parent company. Intercompany turnover is recognised when all of the following conditions are satisfied:1. the amount of turnover can be measured reliably;2. it is probable that the Company will receive the consideration due under the intercompany service agreement.3. the costs incurred under the intercompany service agreement can be measured reliably.
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 balance sheet date in the countries where the Company operates and generates income. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Short leasehold property | - | 5 Years |
| Fixtures and fittings | - | 7 years |
| Computer equipment | - | 3 years |

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Defined contribution plans
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
Share-based payments
Where share options are awarded to employees, the fair value of the options at the date of grant is charged to profit or loss over the vesting period. Non-market vesting conditions are taken into account by adjusting the number of equity instruments expected to vest at each Balance Sheet date so that, ultimately, the cumulative amount recognised over the vesting period is based on the number of options that eventually vest. Market vesting conditions are factored into fair value of the options granted. The cumulative expense is not adjusted for failure to achieve a market vesting condition.The fair value of the award also takes into account non-vesting conditions. These are either factors beyond the control of either party (such as a target based on an index) or factors which are within the control of one or other of the parties (such as the Company keeping the scheme open or the employee maintaining any contributions required by the scheme).Where the terms and conditions of options are modified before they vest, the increase in the fair value of the options, measured immediately before and after the modification, is also charged to profit or loss over the remaining vesting period.
4. Staff costs
The average number of persons employed by the company during the year amounted to 4 (2023: 4 ).
The aggregate payroll costs incurred during the year were:

|  |  | 2024 | 2023
|  |  | £ | £
| Salaries |  | 486,902 | 476,055
| Social security costs |  | 95,683 | 61,578
| Other pension costs |  | 21,408 | 18,759
|  |  | _______ | _______
|  |  | 603,993 | 556,392
|  |  | _______ | _______

5. Tax on profit
Major components of tax expense

|  |  | 2024 | 2023
|  |  | £ | £
| Current tax: |  |  |
| UK current tax expense |  | 15,542 | 13,057
|  |  | _______ | _______
| Deferred tax: |  |  |
| Origination and reversal of timing differences |  | ( 1,165) | 2,880
|  |  | _______ | _______
| Tax on profit |  | 14,377 | 15,937
|  |  | _______ | _______

Reconciliation of tax expense
The tax assessed on the profit for the year is higher than (2023: higher than) the standard rate of corporation tax in the UK of 25.00 % (2023: 23.00%).

|  |  | 2024 | 2023
|  |  | £ | £
| Profit before taxation |  | 49,130 | 54,659
|  |  | _______ | _______
| Profit multiplied by rate of tax |  | 12,283 | 12,572
| Effect of expenses not deductible for tax purposes |  | 1,719 | 1,431
| Effect of capital allowances and depreciation |  | 1,840 | ( 946)
| Origination and reversal of timing differences |  | ( 1,165) | 2,880
| Marginal relief |  | ( 300) | -
|  |  | _______ | _______
| Tax on profit |  | 14,377 | 15,937
|  |  | _______ | _______
| Factors affecting future tax expense |  |  |
| An increase in the UK corporation tax rate from 19% to 25% effective 1 April 2023 was substantively enacted on 24 May 2021. No further increase has been substantively enacted in respect of future years. |  |  |

6. Tangible assets

|  | Short leasehold property | Plant and machinery | Fixtures, fittings and equipment | Total |  |  |
|  | £ | £ | £ | £ |  |  |
| Cost |  |  |  |  |  |  |
| At 1 January 2024 and 31 December 2024 | 12,500 | 17,903 | 4,077 | 34,480 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 January 2024 | 1,250 | 8,880 | 1,248 | 11,378 |  |  |
| Charge for the year | 2,500 | 4,271 | 588 | 7,359 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| At 31 December 2024 | 3,750 | 13,151 | 1,836 | 18,737 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 31 December 2024 | 8,750 | 4,752 | 2,241 | 15,743 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| At 31 December 2023 | 11,250 | 9,023 | 2,829 | 23,102 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |

7. Debtors
Debtors falling due within one year are as follows:

|  |  | 2024 | 2023
|  |  | £ | £
| Other debtors |  | 51,221 | 46,672
|  |  | _______ | _______

Debtors are measured at transaction price, less any impairment. Amounts owed by group undertakings are intercompany loans measured at cost. These loans are unsecured, interest free and repayable on demand.
8. Cash and cash equivalents

|  |  | 2024 | 2023
|  |  | £ | £
| Cash at bank and in hand |  | 200,962 | 134,930
|  |  | _______ | _______

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash held on deposit by service providers is included within bank and cash balances, as these amounts are highly liquid and repayable without penalty on notice of not more than 24 hours.
9. Creditors: amounts falling due within one year

|  |  | 2024 | 2023
|  |  | £ | £
| Trade creditors |  | 1,410 | 8,382
| Corporation tax |  | 15,542 | 13,057
| Social security and other taxes |  | 36,743 | 21,017
| Other creditors |  | 27,091 | 15,573
|  |  | _______ | _______
|  |  | 80,786 | 58,029
|  |  | _______ | _______

Short term creditors are measured at the transaction price. Amounts owed to group undertakings are intercompany loans measured at cost. These loans are unsecured, interest free and repayable on demand.
10. Provisions

|  | Deferred tax (note 11) | Total |  |  |
|  | £ | £ |  |  |
| At 1 January 2024 | 2,880 | 2,880 |  |  |
| Charges against provisions | ( 1,165) | ( 1,165) |  |  |
|  | _______ | _______ |  |  |
| At 31 December 2024 | 1,715 | 1,715 |  |  |
|  | _______ | _______ |  |  |

11. Deferred tax
The deferred tax included in the statement of financial position is as follows:

|  |  | 2024 | 2023
|  |  | £ | £
| Included in provisions (note 10) |  | 1,715 | 2,880
|  |  | _______ | _______

The deferred tax account consists of the tax effect of timing differences in respect of:

|  |  | 2024 | 2023
|  |  | £ | £
| Accelerated capital allowances |  | 1,715 | 2,880
|  |  | _______ | _______

12. Capital Contribution Reserve
Certain employees of the Company have been granted options over the shares in the parent company, Void Star Holdings Inc. The options are granted at an independently determind fair value and 25% of the options are exercisable one year after the date of grant, with vesting continuing monthly for three years thereafter. An expense equivalent to the fair value of the share options granted is recognised evenly over the vesting period with a corresponding amount being recognised in the capital contribution reserve.
13. Operating leases
The company as lessee
The total future minimum lease payments under non-cancellable operating leases are as follows:

| £ | £
Not later than 1 year | 64,075 | 64,075
Later than 1 year and not later than 5 years | 160,188 | 224,263
| _______ | _______
| 224,263 | 288,338
| _______ | _______

14. Events after the end of the reporting period
There were no adjusting or non-adjusting events occurring between the end of the reporting period and the date that these financial statements were approved.
15. Controlling party
Void Star Holdings Inc. is the parent of the smallest group for which consolidated financial statements are drawn up of which the Company is a member. The registered office of the parent company is 8607 Westwood Center Drive, Suite 230, Vienna, VA, 22182, USA .