Tranxactor UK PTE Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

Tranxactor UK PTE Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09375096 . The registered office is 167-169 Great Portland Street, 5th Floor, London, W1W 5PF.

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.

Presentational Currency

The accounts are presented in and rounded to the nearest £1 sterling.

2.2. Going Concern Disclosure

The company no longer has any turnover since November 2024 and made all of its employees redundant as of September 2024, There is no plan for it to continue as a going concern in the foreseeable future. It will remain as a dormant company for the time being.

2.3. Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of Services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract, when the amount of turnover can be measured reliably and it is probable that the company will receive the consideration due under the contract.

Turnover represents amounts receivable for the provision of analytical sales and marketing services.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer Equipment

33% straight line

2.5. Financial Instruments

Financial instruments

The Company only enters into basic financial instrument 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.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Tranxactor UK PTE Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income and retained earnings, 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 country where the Company operates and generates income.

2.8. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2.9. Debtors and Creditors

Short term debtors and creditors are measured at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10. Employee benefits

The costs of short-term employee benefits were recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Pensions

The company operated a defined contribution pension scheme. Contributions payable to the company's pension scheme were charged to profit or loss in the period to which they relate, and in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 12)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	3,897
Disposals	(3,897 )

As at 31 March 2025	-

Depreciation
As at 1 April 2024	2,793
Disposals	(2,793 )

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	1,104

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Tranxactor UK PTE Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	212,235
Prepayments and accrued income	-	23,007
VAT	1,049	13,542
Amounts owed by group undertakings	1,577,320	1,453,711

	1,578,369	1,702,495

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	54,242
Corporation tax	38,792	104,304
Other taxes and social security	-	9,850
Other creditors	34	1,210
Accruals and deferred income	2,326	2,285
Amounts owed to group undertakings	275,566	262,907

	316,718	434,798

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	500	500

Share capital comprises 500 (2024: 500) Ordinary shares of £1 each.

8. Related Party Transactions

The Company has taken the exemption under FRS102 section 33.1A not to disclose transactions and balances with other group companies, on the basis that it is a wholly owned subsidiary.

9. Ultimate Controlling Party

The parent undertaking and ultimate controlling party of the Company is Tranxactor New Zealand Limited (previously known as Transactor Technologies Limited), by virtue of its ownership of 100% of the issued ordinary share capital in the company. The registered office and principal place of business is Unit A4, 1 Beresford Square, Auckland Central, Auckland, 1010 New Zealand.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		1,104

			-		1,104
CURRENT ASSETS
Debtors	5	1,578,369		1,702,495
Cash at bank and in hand		242,704		121,551

		1,821,073		1,824,046
Creditors: Amounts Falling Due Within One Year	6	(316,718 )		(434,798 )

NET CURRENT ASSETS (LIABILITIES)			1,504,355		1,389,248

TOTAL ASSETS LESS CURRENT LIABILITIES			1,504,355		1,390,352

NET ASSETS			1,504,355		1,390,352

CAPITAL AND RESERVES
Called up share capital	7		500		500
Profit and Loss Account			1,503,855		1,389,852

SHAREHOLDERS' FUNDS			1,504,355		1,390,352