Company registration number 08402553 (England and Wales)
AKKROO SOLUTIONS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
AKKROO SOLUTIONS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 7
AKKROO SOLUTIONS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
1,485
-
0
Cash at bank and in hand
1,630
1,630
3,115
1,630
Creditors: amounts falling due within one year
4
(24,150)
(22,700)
Net current liabilities
(21,035)
(21,070)
Capital and reserves
Called up share capital
5
91,230
91,230
Share premium account
2,433,156
2,433,156
Profit and loss reserves
(2,545,421)
(2,545,456)
Total equity
(21,035)
(21,070)

The notes on pages 2 to 7 form part of these financial statements.

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 6 January 2026 and are signed on its behalf by:
S Mogel
Director
Company registration number 08402553 (England and Wales)
AKKROO SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

Akkroo Solutions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Waterfront Business Park, Dudley Road, Brierley Hill, Birmingham, DY5 1LX.

1.1
Accounting convention

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 convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The company remains in a net liability position at the reporting date and is reliant on continued support from the wider group, in respect of the operations of its subsidiary company, Integrate (Europe) Ltd. The directors have received a signed legally enforceable letter of support from a fellow group company confirming that for a period of not less than one year following the approval of these financial statements it will:

- provide financial support as required to enable to company to continue operations; and

- not demand repayment of the intercompany creditor balance.

However, the fellow group company has also incurred losses, remains in a net liability position, and is dependent on further equity funding in order to remain a going concern.

The directors consider that such funding will be forthcoming, and therefore the financial statements have been prepared on a going concern basis. However, due to the uncertainty in outcome of any equity fundraising, the directors consider this to constitute a material uncertainty which may cast doubt on the company's ability to continue as a going concern. No adjustments have been made in respect of this.

1.3
Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible 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.

AKKROO SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 3 -

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.

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, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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 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.

AKKROO SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including amounts owed to group undertakings and other creditors, 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.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

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

2024
2023
Number
Number
Total
1
2
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
-
0
-
0
Movements in fixed asset investments
Shares in
£
Cost or valuation
At 1 January 2024 & 31 December 2024
2,379,416
Amortisation and impairment
At 1 January 2024 & 31 December 2024
2,379,416
Carrying amount
At 31 December 2024
-
At 31 December 2023
-
AKKROO SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 5 -
4
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
8,910
-
0
Amounts owed to group undertakings
4,850
4,850
Other creditors
10,390
17,850
24,150
22,700

All amounts owed to group undertakings are unsecured, interest free and repayable on demand.

5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
A Ordinary shares of 1p each
2,884,872
2,884,872
28,849
28,849
B Ordinary shares of 1p each
6,238,168
6,238,168
62,381
62,381
9,123,040
9,123,040
91,230
91,230

All shares rank equally, except with regards to the payment of dividends. The declaration of a dividend on one class of shares shall not automatically confer the right to the declaration of a dividend on the holders of any other class of shares.

6
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 and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Material uncertainty related to going concern

AKKROO SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
6
Audit report information
(Continued)
- 6 -

We draw attention to note 1.2 in the financial statements, which indicates that t he company remains in a net liability position at the reporting date and is reliant on continued support from the wider group, in respect of the operations of its subsidiary company, Integrate (Europe) Ltd. The directors have received a signed legally enforceable letter of support from a fellow group company confirming that for a period of not less than one year following the approval of these financial statements it will:

- provide financial support as required to enable the company to continue operations; and

- not demand repayment of the intercompany creditor balance.

However, the fellow group company has also incurred losses, remains in a net liability position, and is dependent on further equity funding in order to remain a going concern. The directors consider that such funding will be forthcoming, and therefore the financial statements have been prepared on a going concern basis. However, due to the uncertainty in outcome of any equity fundraising, the directors consider this to constitute a material uncertainty which may cast doubt on the company's ability to continue as a going concern. No adjustments have been made in respect of this.

As stated in note 1.2, these events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company’s ability to continue as a going concern. Our opinion is not modified in respect of this matter.

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Senior Statutory Auditor:
Christopher Cairns BSc FCA
Statutory Auditor:
Alliotts LLP
Date of audit report:
14 January 2026
AKKROO SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 7 -
7
Related party transactions
2024
2023
Amounts due to related parties
£
£
Entities over which the entity has control, joint control or significant influence
4,850
4,850
Other information

The company has taken advantage of the exemption under FRS 102, para 1AC.35, stating that d etails need not be given in respect of transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly-owned by such a member.

8
Parent company

The immediate parent company is Integrate.com, Inc, a company incorporated in the United States of America. The ultimate controlling party is Infinity Group Holdings, LP.

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