REGISTERED NUMBER: 10373728 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

OCULUS FINANCIAL INTELLIGENCE LIMITED

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Y Al-Majali

J R A Chalmer

R S Tickle

S W Kay

R D Proctor

Dr M Totta

REGISTERED OFFICE:

25 Park Lane

London

W1K 1RA

REGISTERED NUMBER:

10373728 (England and Wales)

ACCOUNTANTS:

Xeinadin Swiss Cottage Limited

Harben House

Harben Parade

Finchley Road

LONDON

NW3 6LH

The directors present their report with the financial statements of the company for the year ended 31 December 2022.

As CEO I am reporting on the developments of the company in its seventh year in existence.

Our success only projects continue to move to maturity, and there have been significant and positive developments during the year and post year end as well. We continue to be involved in a number of government(non UK) asset recovery projects and related work. .

The company has and continues to be financially supported by the shareholders.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

Y Al-Majali

J R A Chalmer

R S Tickle

S W Kay

R D Proctor

Dr M Totta

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:

J R A Chalmer - Director

27 October 2025

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,606

5,365

Investments

6

-

50

2,606

5,415

CURRENT ASSETS

Debtors

7

114,958

88,303

Cash at bank

4

1,342

114,962

89,645

CREDITORS

Amounts falling due within one year

8

403,308

374,357

NET CURRENT LIABILITIES

(288,346

)

(284,712

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(285,740

)

(279,297

)

CREDITORS

Amounts falling due after more than one year

9

7,069

21,065

NET LIABILITIES

(292,809

)

(300,362

)

CAPITAL AND RESERVES

Called up share capital

10

1,040

1,040

Share premium

849,835

849,835

Retained earnings

(1,143,684

)

(1,151,237

)

SHAREHOLDERS' FUNDS

(292,809

)

(300,362

)

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 directors acknowledge their 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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2025 and were signed on its behalf by:

J R A Chalmer - Director

1.	STATUTORY INFORMATION

Oculus Financial Intelligence 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.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Computer equipment

-

20% Straight line

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors,;loans from banks and other third parties, loans to related parties and investments in non puttable ordinary shares.

Going concern

The financial Statements of the company have been prepared on the going concern basis as the directors believe that sufficient resources exist to enable the company to meet its working capital and capital expenditure requirements for at least the next twelve months.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 4 ).

4.	INTANGIBLE FIXED ASSETS

The development costs of £155,340 have been fully amortised.

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

990

27,235

28,225

DEPRECIATION

At 1 January 2024

580

22,280

22,860

Charge for year

102

2,657

2,759

At 31 December 2024

682

24,937

25,619

NET BOOK VALUE

At 31 December 2024

308

2,298

2,606

At 31 December 2023

410

4,955

5,365

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

50

Disposals

(50

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

50

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

9,786

35,200

Other debtors

105,172

53,103

114,958

88,303

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

37,064

26,485

Trade creditors

5,808

1,368

Taxation and social security

33,833

46,198

Other creditors

326,603

300,306

403,308

374,357

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

7,069

21,065

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

404

Ordinary

0.1

1,040

1,040

10,000

Ordinary Shares

£0.10

-

-

1,040

1,040