REGISTERED NUMBER: 12923262 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Bullseye Financial Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Intangible assets

4

256

467

Investments

5

-

1,972,775

256

1,973,242

CURRENT ASSETS

Debtors

6

322,831

429,811

Investments

7

202,776

1,457,863

Cash at bank

73,538

43,935

599,145

1,931,609

CREDITORS

Amounts falling due within one year

8

(93,272

)

(143,568

)

NET CURRENT ASSETS

505,873

1,788,041

TOTAL ASSETS LESS CURRENT LIABILITIES

506,129

3,761,283

CREDITORS

Amounts falling due after more than one year

9

(550,000

)

(3,399,834

)

NET (LIABILITIES)/ASSETS

(43,871

)

361,449

CAPITAL AND RESERVES

Called up share capital

376,546

376,546

Retained earnings

(420,417

)

(15,097

)

(43,871

)

361,449

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2026 and were signed on its behalf by:

Dr W Shi - Director

1.	STATUTORY INFORMATION

Bullseye Financial Ltd is a private company, limited by shares, registered in England and Wales,

registration number 12923262. The registered office is 100 Bishopsgate, Signature By Regus, Bishopsgate, London, England, EC2N 4AG.

The presentation currency of the financial statements is pound sterling (£) and the level of rounding is the nearest £1.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Finance cost

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan

is a pension plan under which the company pays fixed contributions into a separate entity. Once

the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not

paid are shown in accruals as a liability in the statement of financial position. The assets of the

plan are held separately from the company in independently administered funds.

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

The estimated useful lives range as follows:

Computer software · 3 years.

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed and unlisted equity instruments are measured at fair value at each reporting date where this can be reliably determined, with changes in fair value recognised in profit or loss. Where fair value cannot be measured reliably, investments are held at cost less impairment.

Title Transfer Collateral Arrangements

Where assets are subject to Title Transfer Collateral Arrangements, the Company assesses whether it controls the economic benefits of those assets in determining whether recognition on the balance sheet is appropriate.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Debtors

Short-term debtors are measured at the transaction price. Loans receivables are measured initially at fair value, net of transactions costs, and measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

The BFL's cash at bank and cash equivalents are measured initially at the transaction price, including transaction costs, and subsequently at amortised cost using the effective interest method.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Financial Instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 January 2025

and 31 December 2025

22,300

AMORTISATION

At 1 January 2025

21,833

Amortisation for year

211

At 31 December 2025

22,044

NET BOOK VALUE

At 31 December 2025

256

At 31 December 2024

467

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.12.25

31.12.24

£

£

Other receivables

-

1,972,775

6.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Trade debtors

228,033

368,100

Other debtors

44,798

11,711

272,831

379,811

Amounts falling due after more than one year:

Other debtors

50,000

50,000

Aggregate amounts

322,831

429,811

7.	CURRENT ASSET INVESTMENTS

31.12.25

31.12.24

£

£

Other

202,776

1,457,863

The current assets investments were revalued to £202,776 from £1,457,863 and resulting in the loss of £1,255,087.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

20,171

19,080

Taxation and social security

55,101

26,488

Other creditors

18,000

98,000

93,272

143,568

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

550,000

1,700,000

Other creditors

-

1,699,834

550,000

3,399,834

10.	PENSION COMMITMENTS

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £15,928.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is L Wu.

12.	REMUNERATIONS

Employees

31.12.25

31.12.24

£

£

Wages and salaries

343,911

373,191

Social security costs

29,637

29,355

Other pension costs

66,592

7,337

440,140

409,883

Director's remuneration

31.12.25

31.12.24

£

£

Director's remuneration

123,296

123,763

Director's pension costs

61,321

1,394

184,617

125,157