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REGISTERED NUMBER: 06151049 (England and Wales)

| Report of the Directors and |

| Financial Statements for the Year Ended 31 December 2024 |

| for |

| pfm medical UK Limited |

pfm medical UK Limited (Registered number: 06151049)

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

Report of the Directors | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

pfm medical UK Limited (Registered number: 06151049)

Report of the Directors

for the Year Ended 31 December 2024

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the sale of Medical Equipment to the Healthcare Industry.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

Mr D J Haykin

Mr F Klinker

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements and accounting estimates that are reasonable and prudent;

- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Harts Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr F Klinker - Director

22 July 2025

pfm medical UK Limited (Registered number: 06151049)

Balance Sheet

31 December 2024

| 31.12.24 |  | 31.12.23

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 12,323 |  | 24,798 |  |

CURRENT ASSETS

Stocks | 1,388,503 |  | 884,363 |  |

Debtors | 5 | 843,937 |  | 941,605 |  |

Cash at bank | 869,469 |  | 1,304,552 |  |

3,101,909 |  | 3,130,520 |  |

CREDITORS

Amounts falling due within one year | 6 | (916,147 | ) | (1,314,513 | ) |

NET CURRENT ASSETS | 2,185,762 |  | 1,816,007 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,198,085 |  | 1,840,805 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 590,000 |  | 590,000 |  |

Retained earnings | 1,608,085 |  | 1,250,805 |  |

SHAREHOLDERS' FUNDS | 2,198,085 |  | 1,840,805 |  |

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 22 July 2025 and were signed on its behalf by:

Mr F Klinker - Director

pfm medical UK Limited (Registered number: 06151049)

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| pfm medical UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 06151049

| Registered office: | Suite 3

| Armcon Business Park

| London Road South

| Poynton

| Cheshire

| SK12 1LQ

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 from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on delivery of the goods.

| Tangible fixed assets

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

| Improvements to property | - | Straight line over the 5 years of lease

| Fixtures and fittings | - | Straight line over 7 years

| Stocks

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

| 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.

| 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 25 (2023 - 26 ) .

pfm medical UK Limited (Registered number: 06151049)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | and |

| property |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024

| and 31 December 2024 | 54,026 |  | 56,991 |  | 111,017 |  |

| DEPRECIATION

| At 1 January 2024 | 48,964 |  | 37,255 |  | 86,219 |  |

| Charge for year | 4,333 |  | 8,142 |  | 12,475 |  |

| At 31 December 2024 | 53,297 |  | 45,397 |  | 98,694 |  |

| NET BOOK VALUE

| At 31 December 2024 | 729 |  | 11,594 |  | 12,323 |  |

| At 31 December 2023 | 5,062 |  | 19,736 |  | 24,798 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade debtors | 708,758 |  | 796,130 |  |

| Other debtors | 135,179 |  | 145,475 |  |

843,937 |  | 941,605 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade creditors | 111,762 |  | 41,634 |  |

| Amounts owed to group undertakings | 201,110 |  | 531,188 |  |

| Taxation and social security | 338,038 |  | 410,231 |  |

| Other creditors | 265,237 |  | 331,460 |  |

916,147 |  | 1,314,513 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.24 |  | 31.12.23

| value: | £ | £ |

| 590,000 | Ordinary shares | £1 | 590,000 |  | 590,000 |  |

8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Melissa Bowers FCCA (Senior Statutory Auditor)

| for and on behalf of Harts Limited

pfm medical UK Limited (Registered number: 06151049)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

9. | ULTIMATE CONTROLLING PARTY

| pfm Medical UK Limited is a 100% owned subsidiary of pfm Medical AG.

| The registered office of pfm Medical AG is:

| Wankelsbraße 60

| 50996 Köln

| Germany