Company No: 14487502 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Daniel Benjamin Cahn

REGISTERED OFFICE	2 Leman Street
	London
	E1W 9US
	United Kingdom

COMPANY NUMBER

14487502 (England and Wales)

ACCOUNTANT	Gravita Essex Limited
	Kings House
	101-135 Kings Road
	Brentwood
	Essex
	CM14 4DR
	United Kingdom

	Note	31.12.2025		30.11.2024
		£		£
Fixed assets
Tangible assets	3	30,541		8,746
		30,541		8,746
Current assets
Debtors	4	192,762		38,590
Cash at bank and in hand		74,623		103,886
		267,385		142,476
Creditors: amounts falling due within one year	5	( 3,928,185)		( 1,180,319)
Net current liabilities		(3,660,800)		(1,037,843)
Total assets less current liabilities		(3,630,259)		(1,029,097)
Net liabilities		( 3,630,259)		( 1,029,097)
Capital and reserves
Called-up share capital		1		1
Profit and loss account		( 3,630,260 )		( 1,029,098 )
Total shareholder's deficit		( 3,630,259)		( 1,029,097)

For the financial period ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Slingshot AI Limited (registered number: 14487502) were approved and authorised for issue by the Director on 05 August 2026. They were signed on its behalf by:

Daniel Benjamin Cahn Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Slingshot AI Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Leman Street, London, E1W 9US, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £3,630,259. The Company is supported through loans from the Parent Company. The director has received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial period. Differences between contributions payable in the financial period and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

25 % reducing balance

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Research and development

Research and development expenditure is written off in the year in which it is incurred.

2. Employees

	Period from 01.12.2024 to 31.12.2025		Year ended 30.11.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including the director	11		6

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 December 2024	11,461		11,461
Additions	28,992		28,992
At 31 December 2025	40,453		40,453
Accumulated depreciation
At 01 December 2024	2,715		2,715
Charge for the financial period	7,197		7,197
At 31 December 2025	9,912		9,912
Net book value
At 31 December 2025	30,541		30,541
At 30 November 2024	8,746		8,746

4. Debtors

	31.12.2025		30.11.2024
	£		£
Other debtors	192,762		38,590

5. Creditors: amounts falling due within one year

	31.12.2025		30.11.2024
	£		£
Trade creditors	6,040		0
Amounts owed to Group undertakings	3,794,491		1,179,561
Other taxation and social security	115,562		0
Other creditors	12,092		758
	3,928,185		1,180,319

6. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases is £648,000