Fintecture UK Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

Fintecture UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14257010 . The registered office is 85 Great Portland Street, First Floor, London, W1W 7LT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The Directors also have a reasonable expectation that the Company will continue to have access to adequate resources to continue in operational existence for the foreseeable future. The Directors have considered a letter of support from its immediate parent company stating that they will support the Company should it not be in a position to meet any repayment obligations. Thus, the Directors continue to adopt the going concern basis in preparing the annual financial statements.

2.3. Significant judgements and estimations

The preparation of the financial statements requires management to make judgements, estimates, and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion there are no significant judgements or key sources of estimation uncertainty.

2.4. Turnover

Revenue is recognised under a transfer pricing agreement with the parent company and recognised in the period in which the expense is incurred. Revenue is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the Company's activities.

2.5. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like other debtors and creditors, loans to and from related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

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Fintecture UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.9. Debtors

Basic financial assets, and other debtors, are intially recognised at transaction price, 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. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Amounts due from group undertakings are amounts due for services provided to its parent underaking in the ordinary course of business.

2.10. Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, 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. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2.11. Share Capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2.12. Prior Year Adjusmtent

During the year, the directors identified that employee bonus costs relating to the prior financial year had not been accrued. The comparative figures have therefore been restated to recognise the outstanding bonus accrual in the appropriate accounting period.

The effect of the restatement was to increase retained earnings at 31 December 2024 by £250. Administrative expenses for the prior year have increased by £5,007, and sales have increased by £5,257, resulting in a corresponding increase in profit after taxation for that year of £250.

2.13. Share Based Payments

The company operates an equity-settled share-based payment arrangement under which certain employees are granted options over ordinary shares in the company’s parent undertaking, Fintecture SAS.

The fair value of options granted to employees is recognised as an employee benefit expense with a corresponding increase in equity. The fair value is measured at the grant date and spread over the vesting period on a straight-line basis, based on the company’s estimate of awards that will eventually vest.

Vesting is conditional upon employees remaining in employment throughout the vesting period. No expense is recognised for awards that do not ultimately vest because employment conditions are not satisfied.

Options granted are exercisable for a maximum period of 10 years from the grant date, subject to the terms of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 1 (2024: 1)

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Fintecture UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Debtors

	2025	2024 as restated
	£	£
Due within one year
Prepayments	274	1,667
VAT	13,412	9,920
Amounts owed by group undertakings	212,407	166,113

	226,093	177,700

5. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	560	288
Corporation tax	5,471	7,613
Accruals	41,129	10,507

	47,160	18,408

6. Share Capital

	2025	2024 as restated
	£	£
Allotted, Called up and fully paid	125,000	125,000

7. Dividends

No dividends were proposed or paid during the current year or prior period.

8. Related Party Transactions

The company is a wholly owned subsidiary member of its group and has therefore taken advantage of the provisions of Section 33. 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” not to disclose transactions with entities that are wholly owned members of the group.

9. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Fintecture SAS , incorporated in France. Copies of the group accounts may be obtained from the secretary, 5 Avenue du Général de Gaulle, 94160, Saint-Mandé . The ultimate controlling party is Fintecture SAS who controls 100% of the shares of Fintecture UK Limited .

10. Audit Information

The auditor's report on the accounts of Fintecture UK Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by David Wheeler (Senior Statutory Auditor) for and on behalf of Bourner Bullock , Statutory Auditor.

Bourner Bullock

Chartered Accountants

114 St Martin’s Lane

Covent Garden

London

WC2N 4BE

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		2025		2024 as restated
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	226,093		177,700

		226,093		177,700
Creditors: Amounts Falling Due Within One Year	5	(47,160 )		(18,408 )

NET CURRENT ASSETS (LIABILITIES)			178,933		159,292

TOTAL ASSETS LESS CURRENT LIABILITIES			178,933		159,292

NET ASSETS			178,933		159,292

CAPITAL AND RESERVES
Called up share capital	6		125,000		125,000
Share Option Reserve			40,061		24,829
Profit and Loss Account			13,872		9,463

SHAREHOLDERS' FUNDS			178,933		159,292