REGISTERED NUMBER: 15713686 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 10 MAY 2024 TO 30 JUNE 2025

FOR

CIRRUS8 UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Kavanagh

D Miller

REGISTERED OFFICE:

10 John Street

London

WC1N 2EB

REGISTERED NUMBER:

15713686 (England and Wales)

AUDITORS:

Oury Clark Chartered Accountants

Statutory Auditors

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

CURRENT ASSETS

Debtors

4

3,166

Cash at bank

3,939

7,105

CREDITORS

Amounts falling due within one year

5

255,829

NET CURRENT LIABILITIES

(248,724

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(248,724

)

CAPITAL AND RESERVES

Called up share capital

7

120

Retained earnings

(248,844

)

SHAREHOLDERS' FUNDS

(248,724

)

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 5 June 2026 and were signed on its behalf by:

J Kavanagh - Director

1.	STATUTORY INFORMATION

Cirrus8 Uk Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

The accounts have been prepared on the going concern basis. The directors believe this is appropriate as they have received confirmation from Cir8 Pty Ltd, the parent company at the date of the directors approval, that it will provide adequate resources for the company to continue for a period of at least 12 months and a day from the date of signing of the audit report attached to these financial statements.

Accounting Period

The financial statements cover the period from 10 May 2024 (date of incorporation) to 30 June 2025. This represents a longer than normal accounting period following the company’s incorporation.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover comprises the supply of a CRM platform for real estate agents.

Revenue is recognised when the service is provided to customers, in accordance with the terms of the relevant contracts. Where access to the CRM platform is provided over a period of time, turnover is recognised on a straight-line basis over the period to which the service relates.

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

Taxation

Taxation for the period 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

Basic Financial Instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any Other Financial Instruments as covered by Section 12 of FRS102.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1,688

Other debtors

1,478

3,166

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

6,160

Amounts owed to group undertakings

206,681

Taxation and social security

19,010

Other creditors & accruals

23,978

255,829

6.	SECURED DEBTS

On 19 February 2025, a charge was registered in the form of a debenture in favour of Global Loan Agency Services Australia Nominees Pty Limited over all assets and undertakings of the company, in relation to a Deed of Accession. There is a fixed and floating charge over all assets of the company.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

120

Ordinary

£1

120

All shares were paid for cash at par during the period.

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

William Humphreys (Senior Statutory Auditor)

for and on behalf of Oury Clark Chartered Accountants

We would like to draw your attention to the following statement contained within our audit report as included within the full financial statements:-

"Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed."

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

10.	PARENT COMPANY

The immediate parent undertaking of the company is Cir8 Pty Ltd, a company incorporated in Australia. The registered office address of Cir8 Pty Ltd is Suite 140, 117 Old Pittwater Road, Brookvale, New South Wales 2100, Australia. The company forms part of a wider group headed by Cir8 Pty Ltd. Group financial statements are not publicly available.