MELODY AI LIMITED

Company Registration Number:
15360767 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 19 December 2023

End date: 31 December 2024

MELODY AI LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MELODY AI LIMITED

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

Principal Activities The principal activity of the Company during the financial year was that of an investment holding and management company. Melody AI Limited’s core purpose is to hold, manage and develop strategic equity and debt interests in operating UK businesses and associated undertakings in artificial-intelligence ventures. The Company’s activities encompass: the provision of strategic direction, corporate governance and financial management to its subsidiaries; the deployment of capital into early- and growth-stage technology companies focused on applied artificial intelligence, data intelligence, and information-security solutions; and the management of surplus cash and other financial assets in accordance with the Group’s investment policy and risk-management framework. During the year the Company continued to support the operational development and financing of its subsidiaries, including funding rounds and restructuring initiatives within it's portfolio companies, and to evaluate new opportunities consistent with its investment mandate. The Directors consider that these activities are aligned with the Company’s long-term objective of building and maintaining a diversified portfolio of high-growth, knowledge-based businesses. Review of Business and Future Developments The Directors are satisfied with the Company’s progress during the year. The investment portfolio performed in line with expectations, and management continued to strengthen the Group’s capital structure and strategic positioning. Looking ahead, the Company intends to maintain a disciplined investment approach, focusing on scalable ventures in artificial intelligence, data-driven decision support, and adjacent technology sectors. The Board expects to provide continued financial and managerial support to subsidiaries to enable their expansion into new markets and product areas. Principal Risks and Uncertainties The Company’s performance is influenced by the value and growth of its investments. Key risks include fluctuations in the valuation of unlisted equity holdings, changes in market conditions affecting technology-sector funding, and operational risks within subsidiary undertakings. The Board regularly reviews these risks and maintains appropriate oversight mechanisms, including financial controls, cash-flow forecasting, and active engagement with subsidiary management teams.

Political and charitable donations

The Company made no political donations and no charitable contributions during the financial year (prior year: £0).



Directors

The director shown below has held office during the whole of the period from
19 December 2023 to 31 December 2024

Lyric Jain

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 January 2025

And signed on behalf of the board by:
Name: Lyric Jain
Status: Director

MELODY AI LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

2024


£
Turnover: 0
Cost of sales: 0
Gross profit(or loss): 0
Distribution costs: 0
Administrative expenses: ( 33,400 )
Other operating income: 0
Operating profit(or loss): (33,400)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (33,400)
Tax: 0
Profit(or loss) for the financial year: (33,400)

MELODY AI LIMITED

Balance sheet

As at 31 December 2024

Notes 2024


£
Called up share capital not paid: 0
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments: 3 19,495,795
Total fixed assets: 19,495,795
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 500,000
Investments:   0
Total current assets: 500,000
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 4 ( 33,400 )
Net current assets (liabilities): 466,600
Total assets less current liabilities: 19,962,395
Creditors: amounts falling due after more than one year: 5 ( 500,000 )
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 19,462,395
Capital and reserves
Called up share capital: 200,351
Share premium account: 19,295,444
Profit and loss account: (33,400 )
Total Shareholders' funds: 19,462,395

The notes form part of these financial statements

MELODY AI LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 31 January 2025
and signed on behalf of the board by:

Name: Lyric Jain
Status: Director

The notes form part of these financial statements

MELODY AI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Valuation information and policy

    Investments are measured at fair value at each balance-sheet date, with changes in fair value recognised in the profit and loss account. Fair value is determined by reference to the latest funding round, third-party valuations, or other observable market data where available.

MELODY AI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

MELODY AI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed assets investments note

Investments represent the Company’s shareholdings in subsidiary and associated undertakings. These investments are stated at cost less any provision for impairment. Where relevant, the carrying value has been assessed by reference to the most recent external funding round for those entities, which the Directors consider to be the best available indication of fair value at the balance-sheet date. No indicators of impairment were identified during the year, and the Directors believe that the carrying value of the investments is supported by the underlying net assets and future prospects of the subsidiaries.

MELODY AI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 33,400
Taxation and social security 0
Accruals and deferred income 0
Other creditors 0
Total 33,400

MELODY AI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due after more than one year note

2024
£
Other creditors 500,000
Total 500,000

MELODY AI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Financial Commitments

The Company had no capital commitments, finance lease obligations, or contingent liabilities at the balance-sheet date (2023: £nil). The Company has not entered into any guarantees or other financial commitments on behalf of subsidiary undertakings beyond its normal course of business.