Companies House 15135694 2026-06-01 2026-06-01 2025-10-01 false iso4217:GBP xbrli:pure 15135694 2024-10-01 2025-09-30 15135694 2026-06-01 15135694 2025-10-01 2026-06-01 15135694 2025-09-30 15135694 curr:PoundSterling 2025-10-01 2026-06-01 15135694 uk-bus:PrivateLimitedCompanyLtd 2025-10-01 2026-06-01 15135694 uk-bus:FRS102 2025-10-01 2026-06-01 15135694 uk-bus:AuditExempt-NoAccountantsReport 2025-10-01 2026-06-01 15135694 uk-bus:FullAccounts 2025-10-01 2026-06-01 15135694 uk-bus:RegisteredOffice 2025-10-01 2026-06-01 15135694 uk-bus:Director1 2025-10-01 2026-06-01 15135694 uk-bus:Director2 2025-10-01 2026-06-01 15135694 uk-bus:Director3 2025-10-01 2026-06-01 15135694 uk-bus:Director4 2025-10-01 2026-06-01 15135694 uk-bus:Director5 2025-10-01 2026-06-01 15135694 uk-bus:Director6 2025-10-01 2026-06-01 15135694 uk-bus:Director7 2025-10-01 2026-06-01 15135694 uk-bus:Director8 2025-10-01 2026-06-01 15135694 uk-bus:Director9 2025-10-01 2026-06-01 15135694 uk-bus:Director10 2025-10-01 2026-06-01 15135694 uk-bus:Director11 2025-10-01 2026-06-01 15135694 uk-bus:Director12 2025-10-01 2026-06-01 15135694 uk-bus:Director13 2025-10-01 2026-06-01 15135694 uk-bus:Director14 2025-10-01 2026-06-01 15135694 uk-bus:Director15 2025-10-01 2026-06-01 15135694 uk-bus:Director16 2025-10-01 2026-06-01 15135694 uk-bus:Director17 2025-10-01 2026-06-01 15135694 uk-bus:Director18 2025-10-01 2026-06-01 15135694 uk-bus:Director19 2025-10-01 2026-06-01 15135694 uk-bus:Director20 2025-10-01 2026-06-01 15135694 uk-bus:Director21 2025-10-01 2026-06-01 15135694 uk-bus:CompanySecretary1 2025-10-01 2026-06-01 15135694 core:AfterOneYear 2026-06-01 15135694 core:AfterOneYear 2025-09-30 15135694 core:WithinOneYear 2026-06-01 15135694 core:WithinOneYear 2025-09-30 15135694 core:WithinOneYear 2025-10-01 2026-06-01 15135694 core:AfterOneYear 2026-06-01 15135694 core:AfterOneYear 2025-09-30 15135694 core:AfterOneYear 2025-10-01 2026-06-01 15135694 core:ShareCapital 2026-06-01 15135694 core:ShareCapital 2025-09-30 15135694 core:SharePremium 2026-06-01 15135694 core:SharePremium 2025-09-30 15135694 core:OtherReservesSubtotal 2026-06-01 15135694 core:OtherReservesSubtotal 2025-09-30 15135694 core:RevaluationReserve 2026-06-01 15135694 core:RevaluationReserve 2025-09-30 15135694 core:RetainedEarningsAccumulatedLosses 2026-06-01 15135694 core:RetainedEarningsAccumulatedLosses 2025-09-30 15135694 1 2025-10-01 2026-06-01 15135694 2 2025-10-01 2026-06-01 15135694 3 2025-10-01 2026-06-01 15135694 core:LandBuildings 2025-10-01 2026-06-01 15135694 core:LandBuildings 2026-06-01 15135694 core:LandBuildings 2024-10-01 2025-09-30 15135694 core:LandBuildings 2025-09-30 15135694 core:PlantMachinery 2025-10-01 2026-06-01 15135694 core:PlantMachinery 2026-06-01 15135694 core:PlantMachinery 2024-10-01 2025-09-30 15135694 core:PlantMachinery 2025-09-30 15135694 core:FurnitureFittingsToolsEquipment 2025-10-01 2026-06-01 15135694 core:FurnitureFittingsToolsEquipment 2026-06-01 15135694 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 15135694 core:FurnitureFittingsToolsEquipment 2025-09-30 15135694 core:OfficeEquipment 2025-10-01 2026-06-01 15135694 core:OfficeEquipment 2026-06-01 15135694 core:OfficeEquipment 2024-10-01 2025-09-30 15135694 core:OfficeEquipment 2025-09-30 15135694 core:Vehicles 2025-10-01 2026-06-01 15135694 core:Vehicles 2026-06-01 15135694 core:Vehicles 2024-10-01 2025-09-30 15135694 core:Vehicles 2025-09-30 15135694 core:NetGoodwill 2025-10-01 2026-06-01 15135694 core:NetGoodwill 2026-06-01 15135694 core:NetGoodwill 2024-10-01 2025-09-30 15135694 core:NetGoodwill 2025-09-30 15135694 core:IntangibleAssetsOtherThanGoodwill 2025-10-01 2026-06-01 15135694 core:IntangibleAssetsOtherThanGoodwill 2026-06-01 15135694 core:IntangibleAssetsOtherThanGoodwill 2024-10-01 2025-09-30 15135694 core:IntangibleAssetsOtherThanGoodwill 2025-09-30

# EULER TECH LTD

## Company Registration Number:
15135694 (England and Wales)

## Unaudited statutory accounts for the year ended 1 June 2026

## Period of accounts

## Start date: 1 October 2025

## End date: 1 June 2026

# EULER TECH LTD

## Contents of the Financial Statements

for the Period Ended 1 June 2026

Directors report |
Profit and loss |
Balance sheet |
Additional notes |
Balance sheet notes |

# EULER TECH LTD

Directors' report period ended 1 June 2026

The directors present their report with the financial statements of the company for the period ended 1 June 2026

Principal activities of the company

Euler Tech Ltd, the Company was originally incorporated on 13 September 2023 under the private limited by shares legal structure as Miffipay Ltd. From its operational inception, the Company has dedicated its engineering capital and proprietary intellectual software frameworks to the development of innovative, highly scalable electronic payment processing systems. These solutions are specifically engineered for systemic deployment within highly defensible market niches, primarily encompassing Charity Foundations, Non Governmental Organizations, micro philanthropic donation routing networks, and audited social service financial streams. During the financial year 2024, the Company successfully deployed the functional online prototype of its proprietary philanthropic payment architecture, Spending 4 Change, which was made globally accessible for comprehensive sandbox and live interface configuration loops across primary mobile application distribution layers. To establish a robust, centralized corporate asset layer capable of cross border institutional scaling, a targeted consolidation strategy was executed. On 1 June 2026, upon finalizing formal legal mechanisms, the Company officially enacted a name change change from Miffipay Ltd to Euler Tech Ltd, concurrently initiating the restructuring of its balance sheet anchors to reflect an institutional-grade financial footprint. In May 2026, preceding the statutory balance sheet formatting, a comprehensive technological capitalization event was completed. In accordance with an independent, third party asset valuation and collateral audit report executed by Healthcapital SA, Strategic Advisory Division, Lugano, Switzerland, the underlying technology stacks, payment routing engines, proprietary algorithms, and exclusionary asset positions of The Tithe Value PLC and Likex Ltd were integrated into the corporate ecosystem. This transaction expanded the Company's industrial core from specialized transaction processing rails to a multi layered ecosystem incorporating tokenized digital finance architectures and 17 global patent allocations. Following this asset capitalization framework, which directly aligns with the evidentiary and rigorous regulatory standards dictated by Swiss Framework Article 628 of the Code of Obligations governing contributions in-kind, the capital structure of Euler Tech Ltd has been completely modified. As of the current reporting date, the Company's fully paid up and entirely liberated Share Capital stands at exactly British Pound 8,888,889. This capital baseline is strictly divided into 8,888,889 Ordinary Shares carrying a nominal par value of British Pound 1.00 per share. The commercial rollout of the Company's proprietary software foundry is strictly organized across three complementary fintech products: 5x1000 Branded Philanthropic Payment Card Suite: Utilizing white label Visa and Mastercard infrastructure to seamlessly transform transactional spend footprints into automated donation flows. Spiccioli Micro-Donation Mobile Platform: An elegant, patented hardware-linked application designed to replace street level physical coinage in an increasingly cashless society via dynamically generated, QR-scanned endpoints. Algorithmic Lottery Token: A contract driven pooled participation utility token framework designed to modernize geographically restricted lottery style structures on a global scale. To maximize secondary market liquidity and establish an institutional-grade architecture independent of traditional, illiquid equity constraints, the Company has activated a parallel digital tokenization track. Operating in direct alignment with USA authorized white-label blockchain deployment primitives, the Company's underlying capital structure is mapped into automated, EVM-compatible smart contracts via a strict 1 to 1 share to token parity index metric. Consequently, the 8,888,889 equity units are translated into exactly 8,888,889 circulating digital security tokens, ticker: EUL, locked at an initial placement unit price of Dollar 2.75 per token, for a global market cap around Dollar 25,000,000. It bypasses conventional public registration parameters by executing a dual-track compliance blueprint: utilizing a Regulation D, Section 506c, pathway for verified accredited domestic capital inside the United States, matched with Regulation S mechanisms to securely capture offshore institutional liquidity. Concurrently, formal administrative procedures are active to secure an SRO, Self Regulated Organisation, license framework from FINMA, the Swiss Financial Market Supervisory Authority, establishing a fully authorized, compliant cross-border operational perimeter. Notwithstanding the legal status of the enterprise as a private limited company under the UK Small Companies Regime, where statutory audit parameters are non mandatory, the executive board has unilaterally elected to implement maximum corporate governance mechanisms. Given the quantitative weight of the Company's capitalised immaterial technology stacks and the institutional scale of its global token placement pipelines, an authorised independent auditor has been retained in the United Kingdom. This auditor is mandated to formally certify the initial balance sheet, verify the definitive valuation anchors, and provide full audit readiness for subsequent institutional review boards and underwriter validation loops.

Directors

The director shown below has held office during the period of
29 May 2026 to 1 June 2026

Davide Gai

Secretary The Tithe Value PLC

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
2 June 2026

And signed on behalf of the board by:
Name: Davide Gai
Status: Director

# EULER TECH LTD

## Profit And Loss Account

for the Period Ended 1 June 2026

| 8 months to 1 June 2026 | 2025
--- | --- | ---
| £ | £
Turnover: | 0 | 0
Cost of sales: | 0 | 0
Gross profit(or loss): | 0 | 0
Distribution costs: | 0 | 0
Administrative expenses: | ( 19,367 ) | ( 3,000 )
Other operating income: |  | 0
Operating profit(or loss): | (19,367) | (3,000)
Interest receivable and similar income: | 0 | 0
Interest payable and similar charges: | 0 | 0
Profit(or loss) before tax: | (19,367) | (3,000)
Tax: | 0 | 0
Profit(or loss) for the financial year: | (19,367) | (3,000)

# EULER TECH LTD

## Balance sheet

As at 1 June 2026

| Notes | 8 months to 1 June 2026 | 2025
--- | --- | --- | ---
|  | £ | £
Called up share capital not paid: |  | 0 | 0
Fixed assets
Intangible assets: | 3 | 5,925,953 | 1,000,000
Tangible assets: | 4 | 2,962,936 | 0
Investments: |  | 0 | 0
Total fixed assets: |  | 8,888,889 | 1,000,000
Current assets
Stocks: |  | 0 | 0
Debtors: |  | 0 | 0
Cash at bank and in hand: |  | 0 | 0
Investments: |  | 0 | 0
Total current assets: |  | 0 | 0
Prepayments and accrued income: |  | 0 | 0
Creditors: amounts falling due within one year: |  | 0 |
Net current assets (liabilities): |  | 0 | 0
Total assets less current liabilities: |  | 8,888,889 | 1,000,000
Creditors: amounts falling due after more than one year: | 5 | ( 19,367 ) | 0
Provision for liabilities: |  | ( 30,000 ) | ( 3,000 )
Total net assets (liabilities): |  | 8,839,522 | 997,000
Capital and reserves
Called up share capital: |  | 8,888,889 | 1,000,000
Share premium account: |  | 0 | 0
Other reserves: |  | 0 | 0
Profit and loss account: |  | (49,367 ) | (3,000 )
Total Shareholders' funds: |  | 8,839,522 | 997,000

The notes form part of these financial statements

# EULER TECH LTD

## Balance sheet statements

For the year ending 1 June 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

This report was approved by the board of directors on 2 June 2026
and signed on behalf of the board by:

Name: Davide Gai
Status: Director

The notes form part of these financial statements

# EULER TECH LTD

## Notes to the Financial Statements

for the Period Ended 1 June 2026

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

# EULER TECH LTD

## Notes to the Financial Statements

for the Period Ended 1 June 2026

- ## 2. Employees

  | 8 months to 1 June 2026 | 2025
  --- | --- | ---
  Average number of employees during the period | 0 | 0

# EULER TECH LTD

## Notes to the Financial Statements

for the Period Ended 1 June 2026

## 3. Intangible assets

| Goodwill | Other | Total
--- | --- | --- | ---
Cost | £ | £ | £
At 1 October 2025 | 0 | 1,000,000 | 1,000,000
Additions | 0 | 4,925,953 | 4,925,953
Disposals | 0 | 0 | 0
Revaluations | 0 | 0 | 0
Transfers | 0 | 0 | 0
At 1 June 2026 | 0 | 5,925,953 | 5,925,953
Amortisation |  |  |
At 1 October 2025 | 0 | 0 | 0
Charge for year | 0 | 0 | 0
On disposals | 0 | 0 | 0
Other adjustments | 0 | 0 | 0
At 1 June 2026 | 0 | 0 | 0
Net book value |  |  |
At 1 June 2026 | 0 | 5,925,953 | 5,925,953
At 30 September 2025 | 0 | 1,000,000 | 1,000,000

# EULER TECH LTD

## Notes to the Financial Statements

for the Period Ended 1 June 2026

## 4. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 1 October 2025 | 0 | 0 | 0 | 0 | 0 | 0
Additions | 0 | 2,962,936 | 0 | 0 | 0 | 2,962,936
Disposals | 0 | 0 | 0 | 0 | 0 | 0
Revaluations | 0 | 0 | 0 | 0 | 0 | 0
Transfers | 0 | 0 | 0 | 0 | 0 | 0
At 1 June 2026 | 0 | 2,962,936 | 0 | 0 | 0 | 2,962,936
Depreciation |  |  |  |  |  |
At 1 October 2025 | 0 | 0 | 0 | 0 | 0 | 0
Charge for year | 0 | 0 | 0 | 0 | 0 | 0
On disposals | 0 | 0 | 0 | 0 | 0 | 0
Other adjustments | 0 | 0 | 0 | 0 | 0 | 0
At 1 June 2026 | 0 | 0 | 0 | 0 | 0 | 0
Net book value |  |  |  |  |  |
At 1 June 2026 | 0 | 2,962,936 | 0 | 0 | 0 | 2,962,936
At 30 September 2025 | 0 | 0 | 0 | 0 | 0 | 0

# EULER TECH LTD

## Notes to the Financial Statements

for the Period Ended 1 June 2026

## 5. Creditors: amounts falling due after more than one year note

| 8 months to 1 June 2026 | 2025
--- | --- | ---
| £ | £
Bank loans and overdrafts | 0 | 0
Amounts due under finance leases and hire purchase contracts | 0 | 0
Other creditors | 19,367 | 0
Total | 19,367 | 0