Shaun Curling Dippnall Coenraad Alexander Lugt

15955999 (England and Wales)

1st Floor 5 St. Helen's Place London EC3A 6AB United Kingdom

Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY

Debtors

68,441 

100 

Cash at bank and in hand

95,091 

- 

(510,573)

- 

Called up share capital

200 

100 

Profit and loss account

(347,241)

- 

For the year ending 31 December 2025 the company was entitled to exemption from audit 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 financial statements were approved by the Board of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by

Coenraad Alexander Lugt Director Company Registration No. 15955999

Finrisk.Ai Ltd is a private company, limited by shares, registered in England and Wales, registration number 15955999. The registered office is 1st Floor, 5 St. Helen's Place, London, EC3A 6AB, United Kingdom.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

The principal activity of the company during the period was the provision of software development services for the credit sector.

Revenue is measured at the fair value of consideration received or receivable, net of VAT and trade discounts. Revenue from Service income is recognised as services are provided.

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

Transactions in foreign currencies are translated at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities are translated at year-end rates. Exchange differences are recognised in profit or loss.

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.

The company has elected to apply the provisions of Section 1 'Basic Financial Instruments; and Section 12 'Other Financial Instruments Issues' of FRS 102 to al of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company 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 isa 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. 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. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangement 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 and loans from fellow group companies 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 payments 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. Amounts 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.

Other debtors

Amounts due from group undertakings etc.

Trade creditors

1,116 

- 

Amounts owed to group undertakings and other participating interests

509,457 

- 

During the year the average number of employees was 3 (2024: 3).