Xcentium Limited

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

Registered number: 15429912

		31 January 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		1,243

			1,243
CURRENT ASSETS
Debtors	5	846
Cash at bank and in hand		75,177

		76,023
Creditors: Amounts Falling Due Within One Year	6	(238,451 )

NET CURRENT ASSETS (LIABILITIES)			(162,428 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(161,185 )

NET LIABILITIES			(161,185 )

CAPITAL AND RESERVES
Called up share capital	7		10
Profit and Loss Account			(161,195 )

SHAREHOLDERS' FUNDS			(161,185)

For the period ending 31 January 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Pierre D'Arbost

Director

14 October 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Xcentium Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15429912 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

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. Going Concern Disclosure

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the directors that they will continue to give financial support to the company for the foreseeable future.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

2.3. 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.

2.4. 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:

Computer Equipment

25% - Straight Line Basis

2.5. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is

recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost

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.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2

Page 2

Page 3

Xcentium Limited

Notes to the Financial Statements (continued)

For the Period 22 January 2024 to 31 January 2025

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 22 January 2024	-
Additions	1,658

As at 31 January 2025	1,658

Depreciation
As at 22 January 2024	-
Provided during the period	415

As at 31 January 2025	415

Net Book Value
As at 31 January 2025	1,243

As at 22 January 2024	-

5. Debtors

	31 January 2025
	£
Due within one year
VAT	846

6. Creditors: Amounts Falling Due Within One Year

	31 January 2025
	£
Other taxes and social security	13,927
Other creditors	14,291
Accruals and deferred income	403
Amounts owed to group undertakings	209,830

	238,451

7. Share Capital

	31 January 2025
Allotted, called up and fully paid	£
1,000 Ordinary Shares of £ 0.01 each	10

8. Related Party Transactions

Solnsoft LLC

The company owns 100% of the voting share capital in Xcentium Limited

Throughout the year, Solnsoft LLC provided a total of £209,830 in loans to Xcentium Ltd. Of this amount, £151,137 was subject to interest charges, and the remaining £58,692 was provided as an interest-free loan.

9. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Solnsoft LLC, which holds 100% of the Company’s issued share capital. The ultimate controlling party is Mr Amrit Raj, by virtue of his ownership and control of Solnsoft LLC.

Page 3