Company registration number 14370595 (England and Wales)
RISING DIGITAL LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
RISING DIGITAL LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
RISING DIGITAL LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
5
327,040
256,364
Current assets
Debtors
6
2,364
2,991
Cash at bank and in hand
9,064
24,882
11,428
27,873
Creditors: amounts falling due within one year
7
(534,366)
(375,131)
Net current liabilities
(522,938)
(347,258)
Net liabilities
(195,898)
(90,894)
Capital and reserves
Called up share capital
8
1
1
Profit and loss reserves
(195,899)
(90,895)
Total equity
(195,898)
(90,894)

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 3 December 2025 and are signed on its behalf by:
Ms S M Dobrowolski
Director
Company registration number 14370595 (England and Wales)
RISING DIGITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 2 -
1
Accounting policies
Company information

Rising Digital Limited is a private company limited by shares and is registred and incorporated in England and Wales. The registered office is 77 Farringdon House, London, EC1M 3JU.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost conventio n. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

The company is in a loss making and net liability position at the year-end but has continued support from the parent company and an expected profitability in the future when they begin to generate revenue.

1.3
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives. However, no amortisation has been recognised since incorporation as a result of the the intangible assets still being in the development phase. Amortisation, in the future, will be recognised on the following bases:

Software
10% straight line
1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

RISING DIGITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 3 -

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include other debtors, cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

RISING DIGITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 4 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0

The company did not have any employees during the reporting or comparative period.

4
Interest payable and similar expenses
2025
2024
£
£
Interest payable and similar expenses includes the following:
Interest payable to group undertakings
19,249
9,926
5
Intangible fixed assets
Software
£
Cost
At 1 August 2024
256,364
Additions
70,676
At 31 July 2025
327,040
Amortisation and impairment
At 1 August 2024 and 31 July 2025
-
0
Carrying amount
At 31 July 2025
327,040
At 31 July 2024
256,364
RISING DIGITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
2,364
2,991
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
6,919
3,302
Other creditors
527,447
371,829
534,366
375,131

Included within Other creditors are amounts due to parent company of £512,147 (2024: £357,381) which are repayable on demand and accrues interest at 4.5% per annum.

8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
1
1
1
1

On incorporation 1 ordinary share of £1 was issued at par.

9
Audit report information

As the income statement has been omitted from the filing copy 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 is unqualified.

Senior Statutory Auditor:
Samantha Daniels
Statutory Auditor:
Shaw Gibbs (Audit) Limited
Date of audit report:
Date: ...................................
10
Parent company

Rising International Education and Learning Limited, a company incorporated in Mauritius, is the smallest group to prepare consolidated financial statements which in c lude Rising Digital Limited. Copies of the group financial statements of Rising International Education and Learning Limited can be obtained from its registered office Co// Trident Trust Company (Mauritius) Limited, 5th Floor, Nexsky Building, Cybercity, 72201, Ebene, Republic of Mauritius.

2025-07-31 2024-08-01 false false false 08 December 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr P Skidmore Ms S M Dobrowolski Mr V Kpentey Mr V B Kpentey 14370595 2024-08-01 2025-07-31 14370595 2025-07-31 14370595 2024-07-31 14370595 core:IntangibleAssetsOtherThanGoodwill 2025-07-31 14370595 core:IntangibleAssetsOtherThanGoodwill 2024-07-31 14370595 core:ShareCapital 2025-07-31 14370595 core:ShareCapital 2024-07-31 14370595 core:RetainedEarningsAccumulatedLosses 2025-07-31 14370595 core:RetainedEarningsAccumulatedLosses 2024-07-31 14370595 core:ShareCapitalOrdinaryShareClass1 2025-07-31 14370595 core:ShareCapitalOrdinaryShareClass1 2024-07-31 14370595 bus:Director2 2024-08-01 2025-07-31 14370595 core:IntangibleAssetsOtherThanGoodwill 2024-08-01 2025-07-31 14370595 core:ComputerSoftware 2024-08-01 2025-07-31 14370595 2023-08-01 2024-07-31 14370595 core:IntangibleAssetsOtherThanGoodwill 2024-07-31 14370595 core:WithinOneYear 2025-07-31 14370595 core:WithinOneYear 2024-07-31 14370595 core:CurrentFinancialInstruments 2025-07-31 14370595 core:CurrentFinancialInstruments 2024-07-31 14370595 bus:OrdinaryShareClass1 2024-08-01 2025-07-31 14370595 bus:OrdinaryShareClass1 2025-07-31 14370595 bus:OrdinaryShareClass1 2024-07-31 14370595 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 14370595 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 14370595 bus:FRS102 2024-08-01 2025-07-31 14370595 bus:Audited 2024-08-01 2025-07-31 14370595 bus:Director1 2024-08-01 2025-07-31 14370595 bus:Director3 2024-08-01 2025-07-31 14370595 bus:Director4 2024-08-01 2025-07-31 14370595 bus:FullAccounts 2024-08-01 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP