Ground Truth Holdings Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12187725

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		101		101

			101		101
CURRENT ASSETS
Debtors	5	9,415,366		7,880,738
Cash at bank and in hand		10,279		4,739

		9,425,645		7,885,477
Creditors: Amounts Falling Due Within One Year	6	(1,909 )		(3,045 )

NET CURRENT ASSETS (LIABILITIES)			9,423,736		7,882,432

TOTAL ASSETS LESS CURRENT LIABILITIES			9,423,837		7,882,533

NET ASSETS			9,423,837		7,882,533

CAPITAL AND RESERVES
Called up share capital	7		261		230
Share premium account			8,600,876		7,425,355
Profit and Loss Account			822,700		456,948

SHAREHOLDERS' FUNDS			9,423,837		7,882,533

Page 1

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Ground Truth Holdings Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Stewart Kelly

Director

09/09/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Ground Truth Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12187725 . The registered office is Telephone House 69 Paul Street, 7th Floor, London, EC2A 4NQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency

The accounts are presented in £ sterling.

2.2. 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.

2.3. Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

2.4. Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

3. Average Number of Employees

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

4. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 January 2025	101

As at 31 December 2025	101

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	101

As at 1 January 2025	101

The company owns 100% of the share capital in Ground Truth Intelligence Limited and Ground Truth Intelligence USA Inc.

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Ground Truth Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,991	-
Due after more than one year
Amounts owed by group undertakings	9,413,375	7,880,738

	9,415,366	7,880,738

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to group undertakings	1	1
Other creditors	1,908	1,734
Taxation and social security	-	1,310

	1,909	3,045

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1,414,622 Ordinary Shares of £ 0.0001 each	141	142
66,303 Ordinary B shares of £ 0.0001 each	7	5

	148	147

Preference Shares

	2025	2024
Allotted, called up and fully paid	£	£
480,493 Preference Shares of £ 0.0001 each	48	46
647,675 Preference A shares of £ 0.0001 each	65	37

	113	83


Shares issued during the period:	£
12,000 Ordinary B shares of £ 0.0001 each	2
17,182 Preference Shares of £ 0.0001 each	2
280,529 Preference A shares of £ 0.0001 each	28

	32

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