SYNTHERA AI LTD


Directors	BARONA VELASQUEZ, Mariana
	SCHREINER, Lukas Johannes


Registered Address	Canvas (321 Oxford St) Oxford Street
	Synthera Ai (Office 5.02)
	London
	W1C 2HX


Registered Number	15425440 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		5,409		3,472
			5,409		3,472
Current assets
Debtors	4	76,169		54,163
Cash at bank and on hand		55,124		61,735
		131,293		115,898
Creditors amounts falling due within one year	5	(711,613)		(287,930)
Net current assets (liabilities)			(580,320)		(172,032)
Total assets less current liabilities			(574,911)		(168,560)
Net assets			(574,911)		(168,560)
Capital and reserves
Called up share capital			80		80
Profit and loss account			(574,991)		(168,640)
Shareholders' funds			(574,911)		(168,560)

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 Directors acknowledge 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 Board of Directors on 26 August 2026, and are signed on its behalf by:

BARONA VELASQUEZ, Mariana
Director
Registered Company No. 15425440

SYNTHERA AI LTD

Notes to the Financial Statements
for the year ended 31 January 2026

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 directors consider the basis to be appropriate as the parent company, Synthera AI Inc, has sufficient reserves to support the company to trade for a minimum of 12 months from the period end.

	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.

	Employee benefits
	A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the Balance Sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the Balance Sheet date.

	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	5

2.	Average number of employees


		2026		2025
	Average number of employees during the year	4		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 February 25	3,889	3,889
Additions	3,016	3,016
At 31 January 26	6,905	6,905
Depreciation and impairment
At 01 February 25	417	417
Charge for year	1,079	1,079
At 31 January 26	1,496	1,496
Net book value
At 31 January 26	5,409	5,409
At 31 January 25	3,472	3,472

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Other debtors	68,398	32,467
Prepayments and accrued income	7,771	21,696
Total	76,169	54,163

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	-	4,334
Amounts owed to related parties	687,630	228,190
Taxation and social security	-	19,100
Other creditors	18,671	36,306
Accrued liabilities and deferred income	5,312	-
Total	711,613	287,930


	At the balance sheet date, the Company owed £17,790 (2025: £36,306) to the Directors and this amount is included within other creditors. The loans are unsecured, interest free and repayable on demand. At the balance sheet date, the company owed £687,630 (2025: £228,190) to its parent company, Synthera AI Inc, based in the United States of America. The loan is unsecured, interest-free, and repayable on demand.

At the balance sheet date, the Company owed £17,790 (2025: £36,306) to the Directors and this amount is included within other creditors. The loans are unsecured, interest free and repayable on demand. 

At the balance sheet date, the company owed £687,630 (2025: £228,190) to its parent company, Synthera AI Inc, based in the United States of America. The loan is unsecured, interest-free, and repayable on demand.

6.	Operating lease commitments
	At 31 January 2026, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £36,000 (2025: £nil).The full balance is payable within one year.