SUTRO SOFTWARE UK LTD


Director	HALGAS, Tomas


Company Secretary	TAYLOR WESSING SECRETARIES LIMITED


Registered Address	135 Hartington Road
	London
	SW8 2EY


Registered Number	14680991 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	31 Dec 2025		28 Feb 2025
		£	£	£	£
Fixed assets
Tangible assets	3		1,448		1,891
			1,448		1,891
Current assets
Debtors	4	23,595		53,225
Cash at bank and on hand		54,375		469
		77,970		53,694
Creditors amounts falling due within one year	5	(830,938)		(15,846)
Net current assets (liabilities)			(752,968)		37,848
Total assets less current liabilities			(751,520)		39,739
Creditors amounts falling due after one year	6		-		(651,006)
Net assets			(751,520)		(611,267)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(751,521)		(611,268)
Shareholders' funds			(751,520)		(611,267)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 23 July 2026, and are signed on its behalf by:

HALGAS, Tomas
Director
Registered Company No. 14680991

SUTRO SOFTWARE UK LTD

Notes to the Financial Statements
for the period ended 31 December 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The financial statements have been prepared on the going concern basis notwithstanding the fact that the company has a deficiency on shareholders' funds at the period end. The director considers the basis to be appropriate as the parent company, Sutro Software Inc, will have sufficient reserves to support the company to trade for a minimum of 12 months from the date of approval of the financial statements.

Going concern

The financial statements have been prepared on the going concern basis notwithstanding the fact that the company has a deficiency on shareholders' funds at the period end. The director considers the basis to be appropriate as the parent company, Sutro Software Inc, will have sufficient reserves to support the company to trade for a minimum of 12 months from the date of approval of the financial statements.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

	Defined contribution pension plan
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	4

	Government grants or assistance
	Grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability. The Research and Development Expenditure Credit (RDEC) is recognised as a government grant in accordance with FRS 102 Section 24. The gross RDEC credit is recognised within other income in the profit and loss account in the year to which the qualifying expenditure relates and the associated corporation tax is included within the tax charge for the year.

Government grants or assistance

Grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. 

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability. 

The Research and Development Expenditure Credit (RDEC) is recognised as a government grant in accordance with FRS 102 Section 24. The gross RDEC credit is recognised within other income in the profit and loss account in the year to which the qualifying expenditure relates and the associated corporation tax is included within the tax charge for the year.

2.	Average number of employees


		2025		2025
	Average number of employees during the year	2		3

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 March 25	2,127	2,127
At 31 December 25	2,127	2,127
Depreciation and impairment
At 01 March 25	236	236
Charge for year	443	443
At 31 December 25	679	679
Net book value
At 31 December 25	1,448	1,448
At 28 February 25	1,891	1,891

4.	Debtors: amounts due within one year

	2025	2025
	£	£
Other debtors	23,342	52,136
Prepayments and accrued income	253	1,089
Total	23,595	53,225

5.	Creditors: amounts due within one year

	2025	2025
	£	£
Trade creditors / trade payables	-	49
Amounts owed to related parties	825,575	-
Taxation and social security	4,647	14,470
Other creditors	716	1,327
Total	830,938	15,846


	At the balance sheet date, the company owed £825,575 (28 February 2025: £651,006) to the parent company, Sutro Software Inc, based in the United States of America. The loan is unsecured, interest-free, and repayable on demand. As at 28 February 2025, this loan was presented as falling due after one year as it was not expected to be repaid within 12 months of the year ended 28 February 2025.

6.	Creditors: amounts due after one year

	2025	2025
	£	£
Amounts owed to related parties	-	651,006
Total	-	651,006

7.	Parent-subsidiary relationships
	The company is a parent company that is exempt from the requirement to prepare consolidated financial statements by virtue of section 399 of the Companies Act 2006. The group headed by the company qualifies as a small group and the directors have therefore elected not to prepare consolidated group accounts.

8.	Change in reporting period and impact on comparability
	The current reporting period covers the 10 months from 1 March 2025 to 31 December 2025, following a change in the company's accounting reference date. The previous reporting period covered the 12 months ended 28 February 2025. As a result of this change, the current period figures are not directly comparable with those of the prior year. Accordingly, the comparative figures presented in these financial statements relate to the 12-month period ended 28 February 2025.

Change in reporting period and impact on comparability

The current reporting period covers the 10 months from 1 March 2025 to 31 December 2025, following a change in the company's accounting reference date. The previous reporting period covered the 12 months ended 28 February 2025.

As a result of this change, the current period figures are not directly comparable with those of the prior year. Accordingly, the comparative figures presented in these financial statements relate to the 12-month period ended 28 February 2025.