Caseware UK (AP4) 2025.0.111 2025.0.111 2025-06-30 2025-06-30 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-06-24 false 1 The principal activity of the company is research and experimental AI developments and providing electronic platforms false true false 15800117 2024-06-23 15800117 2024-06-24 2025-06-30 15800117 2023-06-24 2024-06-23 15800117 2025-06-30 15800117 c:Director1 2024-06-24 2025-06-30 15800117 d:CurrentFinancialInstruments 2025-06-30 15800117 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 15800117 d:ShareCapital 2025-06-30 15800117 d:RetainedEarningsAccumulatedLosses 2025-06-30 15800117 c:OrdinaryShareClass1 2024-06-24 2025-06-30 15800117 c:OrdinaryShareClass1 2025-06-30 15800117 c:FRS102 2024-06-24 2025-06-30 15800117 c:AuditExempt-NoAccountantsReport 2024-06-24 2025-06-30 15800117 c:FullAccounts 2024-06-24 2025-06-30 15800117 c:PrivateLimitedCompanyLtd 2024-06-24 2025-06-30 15800117 e:PoundSterling 2024-06-24 2025-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15800117 OAI LABS LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD FROM 24 JUNE 2024 TO 30 JUNE 2025
OAI LABS LTD REGISTERED NUMBER:15800117
BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025
Note |  | £
Current assets |  |  |
Debtors: amounts falling due within one year | 4 | 2,840 |
Cash at bank and in hand | 5 | 6,683 |
|  | 9,523 |
Creditors: amounts falling due within one year | 6 | (33,499) |
Net current liabilities |  |  | (23,976)
Total assets less current liabilities |  |  | (23,976)
Net liabilities |  |  | (23,976)
Capital and reserves |  |  |
Called up share capital | 7 |  | 1
Profit and loss account |  |  | (23,977)
|  |  | (23,976)
The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 March 2026.
S Yazbeck
Director
The notes on pages 2 to 4 form part of these financial statements. 1
OAI LABS LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
1. | General information
OAI Labs Ltd is a private company, limited by shares, registered in England and Wales, registration number 15800117. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. The principal activity of the company is research and experimental AI developments and providing electronic platforms. The company was incorporated on 24 June 2024 and commenced its trading on 26 June 2024. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 company's functional and presentational currency is pound sterling. The following principal accounting policies have been applied:
| 2.2 | Going concern
As at the period end, the balance sheet shows that the company has liabilities in excess of assets as a result of losses made to date. The director is of the opinion that this is temporary due to it being a newly incorporated company, and therefore the accounts have been prepared on a going concern basis. The director has confirmed that he will provide support to the company in order for the company to maintain operations and meet liabilites in full for the foreseeable future and meet the excess liabilities if the company is unable to do so.
| 2.3 | Taxation
Tax is recognised in profit or loss 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 corporation 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 countries where the company operates and generates income.
| 2.4 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.5 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.6 | Creditors
Short-term creditors are measured at the transaction price. 2
OAI LABS LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.7 | Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from other third parties and loans to related parties.
3. | Employees
| The average monthly number of employee, including the director, during the period was 1.
4. | Debtors
|  |  |  |  | 2025
|  |  |  |  | £
| Other debtors | 2,577
| Prepayments | 263
|  | 2,840
5. | Cash and cash equivalents
|  |  |  |  | 2025
|  |  |  |  | £
| Cash at bank and in hand | 6,683
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Other creditors | 29,999
| Accruals | 3,500
|  | 33,499
3
OAI LABS LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
7. | Share capital
|  |  |  |  | 2025
|  |  |  |  | £
|  | Allotted, called up and fully paid |
|  | 1 Ordinary share of £1.00 | 1
On 24 June 2024, the company issued 1 Ordinary share of £1. The ordinary shares have full voting, dividend and capital distribution rights, including on winding up.
8. | Related party transactions
| Included within other creditors at the period end is an amount of £29,999 due to the shareholder and director of the company. The loan is interest free and repayable on demand. Included within other debtors at the period end is an amount of £2,460 owed by a company under common control. The loan is interest free and repayable on demand.
4