REGISTERED NUMBER: 15009960 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

STRISE AI LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

M Rodevand

Secretary:

OHS Secretaries Limited

Registered office:

24-28 Bloomsbury Way

London

WC1A 2SN

Registered number:

15009960 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

3,451

6,511

Current assets

Debtors

5

81,464

35,851

Cash at bank

26,583

45,797

108,047

81,648

Creditors

Amounts falling due within one year

6

(51,877

)

(24,927

)

Net current assets

56,170

56,721

Total assets less current liabilities

59,621

63,232

Creditors

Amounts falling due after more than one year

7

(2,000,218

)

(1,089,153

)

Net liabilities

(1,940,597

)

(1,025,921

)

Capital and reserves

Called up share capital

8

1

1

Retained earnings

(1,940,598

)

(1,025,922

)

Shareholders' funds

(1,940,597

)

(1,025,921

)

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 director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2026 and were signed by:

M Rodevand - Director

1.	Statutory information

Strise AI Ltd 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 (£).

Going Concern

The financial statements have been prepared on a going concern basis. The company has incurred losses for the period, however, the parent company is continuing to support the company. It is on this basis that the directors are of the opinion that they should adopt the going concern basis in preparing the annual financial statements.

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 - 4 ) .

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 January 2025

and 31 December 2025

1,149

7,115

8,264

Depreciation

At 1 January 2025

171

1,582

1,753

Charge for year

383

2,677

3,060

At 31 December 2025

554

4,259

4,813

Net book value

At 31 December 2025

595

2,856

3,451

At 31 December 2024

978

5,533

6,511

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

66,320

-

Other debtors

15,144

35,851

81,464

35,851

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

-

10,125

Taxation and social security

9,601

14,802

Other creditors

42,276

-

51,877

24,927

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Amounts owed to group undertakings

2,000,218

1,089,153

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

9.	Related party disclosures

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.

10.	Ultimate controlling party

The company's immediate parent company Strise AS, a company incorporated in Norway. The ultimate controlling party is the individual shareholders of Strise AS.