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COMPANY REGISTRATION NUMBER: 12395710

Oper Credits Ltd

Filleted Unaudited Financial Statements

31 December 2025

Oper Credits Ltd

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Investments | 5 | 12,577,351 | 12,577,351

Current assets

Debtors | 6 | 1,663,120 | 152,068
Cash at bank and in hand | 1,334,242 | 107,457
| ------------ | ---------
| 2,997,362 | 259,525

Creditors: amounts falling due within one year | 7 | ( 2,909,379) | ( 71,173)
| ------------ | ---------
Net current assets | 87,983 | 188,352
| ------------- | -------------
Total assets less current liabilities | 12,665,334 | 12,765,703
| ------------- | -------------
Net assets | 12,665,334 | 12,765,703
| ------------- | -------------

Capital and reserves

Called up share capital | 9 | 2,729,566 | 2,715,854
Share premium account | 9,904,137 | 9,894,256
Profit and loss account | 31,631 | 155,593
| ------------- | -------------
Shareholders funds | 12,665,334 | 12,765,703
| ------------- | -------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Oper Credits Ltd

Statement of Financial Position (continued)

31 December 2025
These financial statements were approved by the board of directors and authorised for issue on 1 July 2026 , and are signed on behalf of the board by:

G Van Kerckhoven
Director

Company registration number: 12395710

Oper Credits Ltd

Notes to the Financial Statements

Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Westwood House, Annie Med Lane, South Cave, BRU 1210, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, however the functional currency of the entity is euros.
Going concern
The director have considered forecast financial performance, recoverability of assets and financial viability for a period extending at least 12 months from the date of approval of these financial statements. The Company continues to adopt the going concern basis in preparing its financial statements.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Intangible assets | - | 100% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial assets Financial assets are recognised when the Company becomes a party to the contractual provisions of the financial instrument. The Company does not hold any third party financial assets. Loans and receivables Trade receivables and other receivables that have fixed or determinable payments that are not quoted in an active market are classified as 'loans and receivables'. Loans and receivables are initially recognised at fair value and are subsequently measured using the effective interest method less provision for any impairment. Financial liabilities and equity instruments Financial liabilities and equity are classified according to the substance of the contractual arrangements 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. Other financial liabilities (including borrowing and trade and other payables) are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method
4. Intangible assets

| Intangible assets
| £
Cost |
At 1 January 2025 and 31 December 2025 | 60,698
| --------
Amortisation |
At 1 January 2025 and 31 December 2025 | 60,698
| --------
Carrying amount |
At 31 December 2025 | –
| --------
At 31 December 2024 | –
| --------

5. Investments

| Shares in group undertakings
| £
Cost |
At 1 January 2025 and 31 December 2025 | 12,577,351
| -------------
Impairment |
At 1 January 2025 and 31 December 2025 | –
| -------------

Carrying amount |
At 31 December 2025 | 12,577,351
| -------------
At 31 December 2024 | 12,577,351
| -------------

The company has an investment in Oper Credit BV, a company registered in Belgium. The registered office is Lange Gasthuisstraat 29, 2000 Antwerp, Belgium and the principal activity is software development for Financial Institutions.
6. Debtors

| 2025 | 2024
| £ | £
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 1,503,239 | 15,125
Other debtors | 159,881 | 136,943
| ------------ | ---------
| 1,663,120 | 152,068
| ------------ | ---------

.
7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Corporation tax | – | 68,793
Other creditors | 2,909,379 | 2,380
| ------------ | --------
| 2,909,379 | 71,173
| ------------ | --------

8. Financial instruments
During the year, the company entered into Convertible Loan Note agreements totaling €3,141,242 (£2,645,236) at 8% interest. No repayments or conversions have been made and interest of €151,718 (£133,932) has been accrued, leaving a balance of €3,292,960 (£2,906921) outstanding at the year end.
9. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 962,935 | 962,935 | 949,223 | 949,223
Seed-1 Preferred shares of £ 1 each | 570,095 | 570,095 | 570,095 | 570,095
Seed-3 Preferred shares of £ 1 each | 197,652 | 197,652 | 197,652 | 197,652
Seed-4 Preferred shares of £1 each | 92,178 | 92,178 | 92,178 | 92,178
Series A Shares shares of £1 each | 906,706 | 906,706 | 906,706 | 906,706
| ------------ | ------------ | ------------ | ------------
| 2,729,566 | 2,729,566 | 2,715,854 | 2,715,854
| ------------ | ------------ | ------------ | ------------

10. Related party transactions
No transactions were undertaken requiring disclosure under FRS102 1A.
11. Controlling party
In the opinion of the directors there is no single controlling party.