REGISTERED NUMBER: 14670617 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

LuxAI Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr W K Mohadjer

Ms A Nazarikhorram

SECRETARY:

MY UK OFFICE LIMITED

REGISTERED OFFICE:

Unit 33, Waterside

Schooner Court

44-48 Wharf Road

London

N1 7UX

REGISTERED NUMBER:

14670617 (England and Wales)

ACCOUNTANTS:

Try Lunn & Co

Chartered Accountants

Roland House

Princes Dock Street

Hull

HU1 2LD

CURRENT ASSETS

Stocks

4

11,408

-

Debtors

5

97,418

38,219

Cash at bank

107,779

40,397

216,605

78,616

CREDITORS

Amounts falling due within one year

6

216,505

85,472

NET CURRENT ASSETS/(LIABILITIES)

100

(6,856

)

TOTAL ASSETS LESS CURRENT LIABILITIES

100

(6,856

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

-

(6,956

)

SHAREHOLDERS' FUNDS

100

(6,856

)

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 23 September 2026 and were signed on its behalf by:

Ms A Nazarikhorram - Director

1.	STATUTORY INFORMATION

LuxAI 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.

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 company is dependent on the continued financial support of LuxAI SA. The Directors of LuxAI SA have agreed to provide continued financial and operational support to ensure the company will be able to trade as a going concern for the foreseeable future.

Turnover

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

Turnover from the sale of goods is recognised when goods are delivered and the legal title has passed. Turnover from warranty income is recognised over the period of the warranty.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 3 (2024 - 4 ) .

4.

STOCKS

2025

2024

£

£

Stocks

11,408

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

14,007

-

Other debtors

8,233

8,233

VAT

-

64

Prepayments and accrued income

75,178

29,922

97,418

38,219

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

14

198

Amounts owed to group undertakings

127,147

54,242

VAT

2,139

-

Accruals and deferred income

87,205

31,032

216,505

85,472

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 January 2025

(6,956

)

Profit for the year

6,956

At 31 December 2025

-

9.	RELATED PARTY DISCLOSURES

10.	ULTIMATE CONTROLLING PARTY