REGISTERED NUMBER: 15562481 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

XY SENSE UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A D Birch

S W Mcluckie

L D Murray

SECRETARY:

Zedra Corporate Solutions UK Limited

REGISTERED OFFICE:

c/o Zedra Booths Hall

Booths Park 3

Chelford Road

Knutsford

Cheshire

WA16 8GS

REGISTERED NUMBER:

15562481 (England and Wales)

ACCOUNTANTS:

Oury Clark Chartered Accountants

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Tangible assets

4

1,350

-

CURRENT ASSETS

Debtors

5

105,456

31,625

Cash at bank

217,027

146,538

322,483

178,163

CREDITORS

Amounts falling due within one year

6

1,082,272

520,373

NET CURRENT LIABILITIES

(759,789

)

(342,210

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(758,439

)

(342,210

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(758,539

)

(342,310

)

SHAREHOLDERS' FUNDS

(758,439

)

(342,210

)

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 11 September 2026 and were signed on its behalf by:

S W Mcluckie - Director

1.	STATUTORY INFORMATION

XY Sense UK 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 presentation currency of the financial statements is the Pound Sterling (£).

The comparative period is not directly comparative with those of the current period, as they relate to the period from incorporation on 14 March 2024 to 31 December 2024.

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.

The financial statements have been prepared on a going concern basis as XY Sense, Inc. the Parent Company, will continue to support the Company as required for a minimum of 12 months and 1 day from signing of the balance sheet.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Revenue from sales of sensors are recognised on the date of delivery. Revenue from subscriptions and leasing of sensors is recognised over the duration of the subscription period or the duration of the service on a straight line basis.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses. Depreciation is provided for at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - Straight line over 3 years

Financial instruments

Basic Financial Instruments, as covered by Section 11 of FRS 102, are measured at amortised cost. The company does not have any Other Financial Instruments, as covered by Section 12 of FRS 102.

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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,820

At 31 December 2025

1,820

DEPRECIATION

Charge for year

470

At 31 December 2025

470

NET BOOK VALUE

At 31 December 2025

1,350

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

75,518

-

Amounts owed by group undertakings

16,332

-

Other debtors

13,606

31,625

105,456

31,625

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

47,944

1,376

Amounts owed to group undertakings

802,406

378,113

Taxation and social security

11,006

27,663

Other creditors & accruals

220,916

113,221

1,082,272

520,373

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

8.	ULTIMATE PARENT COMPANY

The ultimate parent company is XY Sense Inc, a company incorporated in the US.

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

10.	SHARE BASED PAYMENTS

The Company operates a share option scheme for its employees. The directors have assessed the fair value of options granted under the scheme and the resulting share-based payment charge. Based on this assessment, the directors have concluded that the impact of the share-based payment charge and corresponding reserve on the Company's financial statements is not material. Accordingly, no share-based payment expense or associated reserve has been recognised in these financial statements.