SISENSE UK LIMITED
Director: |  | A. Katz
Registered Office: |  | 6.12 Central House 1 Ballards Lane
|  | London
|  | N3 1LQ
Registered No: |  | 11617157 (England & Wales)
Independent Auditors: |  | Shahmoon & Co.
|  | Registered Auditors
|  | 6.12 Central House 1 Ballards Lane
|  | London N3 1LQ
Financial statements
For the year ended 31 December 2024
|  |  | page
|  | Statement of financial position | 1
|  | Notes to the financial statements | 2-7

SISENSE UK LIMITED
Statement of financial position as at 31 December 2024
|  |  | 31.12.2024 |  |  |  | 31.12.2023
| Notes |  | £ |  | £
Fixed assets
Tangible assets | 4 |  |  |  | 5,934 |  | 22,549
Current assets
Debtors | 5 |  | 1,857,208 |  |  |  | 2,485,988
Cash at bank and in hand |  |  | 669,456 |  |  |  | 496,217
|  |  | 2,526,664 |  |  |  | 2,982,205
Creditors: amounts falling due
within one year | 6 |  | (1,706,775) |  |  |  | (2,209,366)
Net current assets |  |  |  |  | 819,889 |  | 772,839
Creditors: amounts falling due
after more than one year | 7 |  |  |  | (45,077) |  | (78,412)
Total assets less liabilities |  |  |  | £ 780,746 |  | £ 716,976
Capital and reserves
|  |  |  |  | £ |  | £
Called up share capital | 9 |  |  |  | 1 |  | 1
Capital fund |  |  |  |  | 164,286 |  | 138,839
Profit and loss account |  |  |  |  | 616,459 |  | 578,136
Shareholders' funds |  |  |  |  | £ 780,746 |  | £ 716,976
The accounts have been prepared and delivered in accordance with special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
____________________________
A. Katz
Director | 28 October 2025
Company number: 11617157

SISENSE UK LIMITED
Notes to the financial statements - 31 December 2024
| COMPANY INFORMATION
1. | Company Information
| Sisense UK Limited is a private limited company incorporated and domiciled in England & Wales. The address of its registered office is 6.12 Central House 1 Ballards Lane, London, England, N3 1LQ.
| The company is a wholly owned subsidiary of Sisense Limited, a company registered in Israel.
2. | Accounting Policies
2.1 | Basis of accounting
| The financial statements have been prepared on a going concern basis, under historical cost convention and in accordance with the provisions of FRS 102 Sedction 1A small entities and the Companies Act 2006.
| The financial statements are presented in sterling (£).
| The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
2.2 | Financial instruments
| The company has chosen to adapt the sections 11 & 12 of FRS 102 in respect of financial instruments:
| (i) Financial assets
| Basic financial assets including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financial transaction, where the transaction is measured at present value of the future receipts discounted at the market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method and are assess for objective evidence of impairment at the end of each reporting period.
| (ii) Financial liabilities
| Basic financial liabilities including trade and other payable are initially recognised at transaction price unless arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future receipts discounted at a market value of interest debt instruments are subsequently carried at amortised costs using the effective interest rate method.
2.3 | Going Concern
| The company has a positive capital and reserve and positive net current assets.
| The company is profitable and will continue to be profitable in the future as it is acting as a low risk distributor for its parent company and is entitled to a gross operating margin. The directors, having considered the financial position of the company for a period of at least 12 months from the date of signing these financial statements believe that the business will continue to be able to pay its debts as they fall due and has received confirmation from the parent entity that support will be forth coming if necessary to meet any future obligations.
| On the basis of the above, the directors consider it appropriate to prepare the financial statement on a going concern basis.

SISENSE UK LIMITED
Notes to the financial statements - 31 December 2024
2. | Accounting Policies (Continued)
2.4 | Turnover
| Turnover represents net invoiced services, excluding VAT.
2.5 | Revenue recognition
| The company generates revenues from the sale of term based software licences and related services.
| Revenue is recognised in line with the duration of the licence and revenue that is relating to periods after year end is deferred.
| Revenues are recognised when all revenue recognition criteria have been satisfied: persuasive evidence of an agreement exists, delivery of the product has occurred or services have been rendered, the fee is fixed or determinable and collectability is probable.
2.6 | Tangible fixed assets
| Plant & equipment
| Fixed assets are disclosed at cost less impairment charge. Depreciation is provided at the following annual rates in order to write off the assets over their estimated useful lives:
| Computer 33% straight line.
2.7 | Debtors
| Short term debtors that includes trade and other receivables are measured at transaction price, less any impairment.
2.8 | Creditors
| Basic financial liabilities including trade and other payable,amounts due to group companies are measured at transaction price.
2.9 | Current & deferred taxation
| Deferred taxation is provided using the liability method to take into account timing from the inclusion of items of expenditure in taxation computations in periods that differ from those differences arising in which they are included in the financial statements to the extent that it is probably that an or assets will crystallize in the future.
| Provision for deferred taxation is set off against debit balance of deferred taxation.
| The current income tax charged is calculated on the basis of the tax rate and laws that have been enacted or substantially enacted by the reporting date in the countries where the company operated and generates income.
2.10 | Foreign currencies
| Monetary assets and liabilities in foreign currencies are translated into Sterling at the rate of exchange ruling at the Balance Sheet date. Transactions in Foreign currencies are translated into Sterling at the rate of exchange ruling at the date of the transaction.

SISENSE UK LIMITED
Notes to the financial statements - 31 December 2024
2. | Accounting Policies (Continued)
2.11 | Operating leases
| Rental paid under operating leases is charged to profit and loss on a straight line basis over the lease term.
2.12 | Employee benefits
| The company provides a range of benefits to employees, including annual bonus arrangements, paid holiday arrangements and defined contribution pension plans.
| (i) Short term benefits
| Short term benefits, including holiday pay and other similar non-monetary benefits are recognised as an expense in the period in which the service is received.
| (ii) Defined contribution pension plans
| The company operated 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 when they are due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
| (iii) Bonus plan
| The company operates annual bonus plan for employees and expense is recognised in the profit and loss account when the company has a legal or constructive obligation to make payment under the plan as a result of passed events and reliable estimation of the obligation can be made.
| (iv) Share based payments
| The company participates in a share based payment arrangement established by its ultimate parent company. The company recognises the share based payment expense based on the relative remuneration cost of the relevant employees. The corresponding credit is recognised as a component of equity.
3. | Employee information
| The average number of staff employed by the company during the financial year was:
|  |  |  |  |  | 2024 |  | 2023
|  |  |  |  |  | Number |  | Number
| Employees | 13 |  | 26
| No remuneration was paid to any of the directors during the year.

SISENSE UK LIMITED
Notes to the financial statements - 31 December 2024
4. | Plant & Equipment
|  |  | Computer
|  |  | Equipment |  | Total
|  |  | £ |  | £
| Cost:
| At 1 January 2024 | 135,182 |  | 135,182
| Additions | 4,757 |  | 4,757
| At 31 December 2024 | 139,939 |  | 139,939
| Depreciation:
| At 1 January 2024 | 112,633 |  | 112,633
| Charge for the year | 21,372 |  | 21,372
| At 31 December 2024 | 134,005 |  | 134,005
| Net book value:
| At 31 December 2024 | 5,934 |  | 5,934
| At 31 December 2023 | 22,549 |  | 22,549
5. | Debtors
|  |  | 31.12.2024 |  | 31.12.2023
|  |  | £ |  | £
| Trade debtors |  | 604,023 |  | 689,288
| Prepayments & accrued income | 721,752 |  | 1,491,141
| Amount owed by parent company | 531,433 |  | 284,623
| Deferred tax asset (note 8) | 0 |  | 20,936
|  |  | 1,857,208 |  | 2,485,988
| Prepayments for the sum of £229,850 (2023 £797,858) will be materialised in a period of more than 12 months.

SISENSE UK LIMITED
Notes to the financial statements - 31 December 2024
6. | Creditors: amounts falling due within one year
|  |  | 31.12.2024 |  | 31.12.2023
|  |  | £ |  | £
| Trade creditors | 13,771 |  | 37,368
| Other creditors | 61,238 |  | 7,048
| VAT | 115,340 |  | 118,547
| Corporation tax | 37,088 |  | 56,094
| Accruals and deferred income | 1,479,338 |  | 1,990,309
|  |  | 1,706,775 |  | 2,209,366
7. | Creditors: amounts falling due after more than one year
|  |  | 31.12.2024 |  | 31.12.2023
|  |  | £ |  | £
| Deferred income | 43,593 |  | 78,412
| Deferred tax liability (note 8) | 1,484 | -
|  |  | 45,077 |  | 78,412
8. | Deferred tax (liability)/asset
|  |  | 31.12.2024 |  | 31.12.2023
|  |  | £ |  | £
| Movement during the period:
| As at 1 January 2024 | 20,936 |  | 13,848
| Released to profit and loss account | (22,420) |  | 7,088
| At 31 December 2024 | (1,484) |  | 20,936
|  |  | 31.12.2024 |  | 31.12.2023
| The deferred tax asset is relating to: | £ |  | £
| Depreciation in excess of capital allowances | (1,484) |  | (5,637)
| Share based payments | - |  | 26,573
|  |  | (1,484) |  | 20,936

SISENSE UK LIMITED
Notes to the financial statements - 31 December 2024
9. | Share Capital:
|  |  |  |  | 31.12.2024 |  | 31.12.2023
|  |  |  |  | £ |  | £
| Allotted, called up and fully paid:
| 1 ordinary shares at £1 | 1 |  | 1
10. | Audit report information
| As the income statement has been omitted from the filing of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444 (5B) of the Companies Act 2006. The auditor's report was unqualified.
| The senior statutory auditor was Mr. Ran Shahmoon
| The auditor was Shahmoon & Co.
| Date auditor signed accounts: 28 October 2025
| Name of director signing accounts: A. Katz
| Date director signed accounts: 28 October 2025
11. | Related party transactions
| Control:
| The immediate and ultimate parent company is Sisense Ltd a company incorporated and registered in Israel whose address is: Zeev Jabotinsky St 2, Ramat Gan, Israel
| Sisense Ltd is the smallest and largest group to prepare consolidated accounts that can be obtained from its registered office.
| Transaction:
| The company is exempt from disclosing transactions with related parties that are wholly owned within the same group in accordance with FRS 102 Section 33(1)A.
12. | Commitment
| As at 31.12.2024 the company does not have any commitment.

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