Company registration number 06472061 (England and Wales)
RISKLOGIX SOLUTIONS HOLDINGS LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
RISKLOGIX SOLUTIONS HOLDINGS LTD
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 7
RISKLOGIX SOLUTIONS HOLDINGS LTD
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
1,250,000
1,250,000
Current assets
Debtors falling due after more than one year
5
-
0
384,655
Debtors falling due within one year
5
142,072
10,321
Cash at bank and in hand
23,219
25,928
165,291
420,904
Creditors: amounts falling due within one year
6
(148,452)
(124,415)
Net current assets
16,839
296,489
Total assets less current liabilities
1,266,839
1,546,489
Creditors: amounts falling due after more than one year
8
(1,055,151)
(1,128,806)
Net assets
211,688
417,683
Capital and reserves
Called up share capital
5,600
5,600
Share premium account
100
100
Capital redemption reserve
4,400
4,400
Profit and loss reserves
201,588
407,583
Total equity
211,688
417,683

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 March 2026 and are signed on its behalf by:
R Uppal
Director
Company registration number 06472061 (England and Wales)
RISKLOGIX SOLUTIONS HOLDINGS LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
Share capital
Share premium account
Capital redemption reserve
Profit and loss reserves
Total
£
£
£
£
£
Balance at 1 January 2023
5,600
100
4,400
237,675
247,775
Year ended 31 December 2023:
Profit and total comprehensive income
-
-
-
169,908
169,908
Balance at 31 December 2023
5,600
100
4,400
407,583
417,683
Year ended 31 December 2024:
Loss and total comprehensive income
-
-
-
(205,995)
(205,995)
Balance at 31 December 2024
5,600
100
4,400
201,588
211,688
RISKLOGIX SOLUTIONS HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information

Risklogix Solutions Holdings Ltd is a private company limited by shares incorporated in England and Wales. The registered office and principal place of business is Phoenix House, Rear of 8-10 Hewell Road, Barnt Green, Birmingham, B45 8NE.

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 c ompany. 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 financial statements have been prepared under the going concern basis. The company made a loss for the year of £205,995 (2023: £16 9,908 p rofit) during the year ended 31 December 2024 and as of that date the company's net assets were £211,688 (2023: £417,683) and net current assets of £16,839 (2023: £296,489).

During the period, the company had the support of its banking partners, however the loan was settled post year-end. The company is reliant on the support of the parent company.

1.3
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities 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 c ompany. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.4
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.

1.5
Financial instruments

The c ompany 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 c ompany's balance sheet when the c ompany 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.

RISKLOGIX SOLUTIONS HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 4 -
Basic financial assets

Basic financial assets, which include debtors and 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.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the c ompany transfers the financial asset and substantially all the risks and rewards of ownership to another ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party is able to sell the asset in its entirety to an unrelated third party.

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 creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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.

Derecognition of financial liabilities

Financial liabilities are derecognised when the c ompany's contractual obligations are expire or are discharged or cancelled.

1.6
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.

1.7
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

RISKLOGIX SOLUTIONS HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 5 -
2
Employees

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

2024
2023
Number
Number
Total
4
5
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
1,250,000
1,250,000
Fixed asset investments not carried at market value

Fixed assets investments are stated at cost which, in the opinion of the directors, does not differ materially from market value.

4
Subsidiaries

Details of the company's subsidiaries at 31 December 2024 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Indirect
Risklogix Solutions Ltd
Phoenix House, Rear of 8-10 Hewell Road, Barnt Green, Birmingham, England, B45 8NE
Ordinary
100.00
-
DBS Financial Systems Ltd.
Phoenix House, Rear of 8-10 Hewell Road, Barnt Green, Birmingham, England, B45 8NE
Ordinary
0
100.00
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
142,072
10,321
2024
2023
Amounts falling due after more than one year:
£
£
Amounts owed by group undertakings
-
0
384,655
Total debtors
142,072
394,976
RISKLOGIX SOLUTIONS HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
7
101,692
101,692
Trade creditors
19,058
22,723
Accruals and deferred income
27,702
-
0
148,452
124,415

The bank held a fixed and floating charge over trademarks held by the company. The floating charge covered all of the property or undertakings of the company. The charges were satisfied after the balance sheet date.

7
Loans and overdrafts
2024
2023
£
£
Bank loans
1,128,806
1,230,498
Loans from group undertakings and related parties
28,037
-
0
1,156,843
1,230,498
Payable within one year
101,692
101,692
Payable after one year
1,055,151
1,128,806

The bank loans represents a loan from Shawbrook Bank comprised of three term facilities. These are two sterling term loans and a sterling revolving credit facility.

8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
1,027,114
1,128,806
Other creditors
28,037
-
0
1,055,151
1,128,806
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 and includes the following:

RISKLOGIX SOLUTIONS HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
9
Audit report information
(Continued)
- 7 -
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 loss 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.

Senior Statutory Auditor:
Daniel Rose
Statutory Auditor:
Gravita Audit II Limited
Date of audit report:
6 March 2026
10
Events after the reporting date

After the year end, there was a change of ownership as Aryza Holdings Limited acquired the shares of Risklogix Solutions Holdings Limited.

11
Related party transactions

The c ompany has taken advantage of the exemption available in FRS 102 "Related Party disclosures" Section 33.1A whereby it has not disclosed transactions or balances 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.

12
Parent company

The ultimate controlling party is Aryza Holdings Limited. The registered office of Aryza Holdings Limited is 11-12 Hanover Square, London, England, W1S 1JJ.

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