REGISTERED NUMBER: 13625547 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

StrikeX Technologies Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J W Jowett

R Clark

K Vadgama

L Booth

S Campbell

SECRETARY:

R Clark

REGISTERED OFFICE:

133 Houndsditch

London

EC3A 7BX

REGISTERED NUMBER:

13625547 (England and Wales)

ACCOUNTANTS:

Accounting by Design (UK) Limited

302 Cirencester Bsness Park

Love Lane

Cirencester

Gloucestershire

GL7 1XD

FIXED ASSETS

Intangible assets

4

1,872,142

1,706,929

Tangible assets

5

1,448

3,486

Investments

6

277

202

1,873,867

1,710,617

CURRENT ASSETS

Debtors

7

114,193

150,497

Cash at bank and in hand

68

632,786

114,261

783,283

CREDITORS

Amounts falling due within one year

8

901,157

218,578

NET CURRENT (LIABILITIES)/ASSETS

(786,896

)

564,705

TOTAL ASSETS LESS CURRENT LIABILITIES

1,086,971

2,275,322

CAPITAL AND RESERVES

Called up share capital

950

950

Share premium

9

4,568,665

4,568,665

Retained earnings

9

(3,482,644

)

(2,294,293

)

1,086,971

2,275,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

J W Jowett - Director

1.	STATUTORY INFORMATION

StrikeX Technologies Ltd 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 etc

-

50% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

1,706,929

Additions

355,356

At 31 March 2025

2,062,285

AMORTISATION

Charge for year

190,143

At 31 March 2025

190,143

NET BOOK VALUE

At 31 March 2025

1,872,142

At 31 March 2024

1,706,929

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

13,843

DEPRECIATION

At 1 April 2024

10,357

Charge for year

2,038

At 31 March 2025

12,395

NET BOOK VALUE

At 31 March 2025

1,448

At 31 March 2024

3,486

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

202

Additions

75

At 31 March 2025

277

NET BOOK VALUE

At 31 March 2025

277

At 31 March 2024

202

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by group undertakings

71,542

106,009

Other debtors

190

3,820

VAT

14,371

12,179

Prepayments

28,090

28,489

114,193

150,497

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

179,760

58,133

Social security and other taxes

201,197

81,972

Other creditors

770

-

Directors' current accounts

496,329

3,593

Deferred income

-

50,000

Accrued expenses

23,101

24,880

901,157

218,578

9.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 April 2024

(2,294,293

)

4,568,665

2,274,372

Deficit for the year

(1,187,703

)

(1,187,703

)

Unrealised exchange gains

(648

)

-

(648

)

At 31 March 2025

(3,482,644

)

4,568,665

1,086,021

10.	ULTIMATE CONTROLLING PARTY

The Company's immediate parent undertaking is CMC Markets Ventures Limited, a company incorporated in England and Wales, with a registered office address of 133 Houndsditch, London, EC3A 7BX.

The Company's ultimate parent undertaking is CMC Markets Plc, a company incorporated in England and Wales, with a registered office address of 133 Houndsditch, London, EC3A 7BX.