REGISTERED NUMBER: 13764484 (England and Wales)

TieTek.ai Limited

Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr A S Evans

Mr D Evans

Mr C P Malcolm

Mr G J Ripley

REGISTERED OFFICE:

41 Quarry Lane

Brincliffe

Sheffield

South Yorkshire

S11 9EA

REGISTERED NUMBER:

13764484 (England and Wales)

ACCOUNTANTS:

SMH Jolliffe Cork Ltd

Accountants & Business Advisors

33 George Street

Wakefield

West Yorkshire

WF1 1LX

FIXED ASSETS

Intangible assets

4

133,083

56,298

CURRENT ASSETS

Debtors

5

6,470

348

Cash at bank

1,186

10,467

7,656

10,815

CREDITORS

Amounts falling due within one year

6

27,921

53,274

NET CURRENT LIABILITIES

(20,265

)

(42,459

)

TOTAL ASSETS LESS CURRENT LIABILITIES

112,818

13,839

CREDITORS

Amounts falling due after more than one year

7

179,500

50,000

NET LIABILITIES

(66,682

)

(36,161

)

CAPITAL AND RESERVES

Called up share capital

9

272

272

Retained earnings

(66,954

)

(36,433

)

SHAREHOLDERS' FUNDS

(66,682

)

(36,161

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 6 August 2026 and were signed on its behalf by:

Dr A S Evans - Director

1.	STATUTORY INFORMATION

TieTek.ai 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.

The functional and presentational currency for the company is the pound sterling (£). All financial information presented has been rounded to the nearest (£), unless otherwise stated.

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.

Turnover

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

Intangible assets

Costs directly attributable to the development of computer software applications are capitalised and amortised over the useful economic life determined for each application individually, on a straight line basis, between 2 and 5 years.

Financial instruments

The company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the balance sheet when and only when there exists a legally enforceable right to set off the recognised amounts and the company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when; a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or, c) the company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

72,666

Additions

76,785

At 31 December 2025

149,451

AMORTISATION

At 1 January 2025

and 31 December 2025

16,368

NET BOOK VALUE

At 31 December 2025

133,083

At 31 December 2024

56,298

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

-

136

VAT

5,100

-

Prepayments and accrued income

1,370

212

6,470

348

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans (see note 8)

-

25,000

Trade creditors

2,855

5,836

VAT

-

81

Other creditors

4,257

4,257

Directors' current accounts

15,564

15,563

Accruals and deferred income

5,245

2,537

27,921

53,274

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans (see note 8)

179,500

50,000

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Other loans

-

25,000

Amounts falling due between one and two years:

Other loans - 1-2 years

57,500

50,000

Amounts falling due between two and five years:

Other loans - 2-5 years

122,000

-

During the previous year £75,000 of unsecured loan notes were issued to participators. An additional £104,500 was issued in the current year. The annual rate of interest on the loan notes is 2% and the interest accrues daily.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

27,200

Ordinary

0.1p

272

272

10.	RELATED PARTY DISCLOSURES