REGISTERED NUMBER: 14900807 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

31 DECEMBER 2023 TO 31 DECEMBER 2024

FOR

ALEXANDRION GROUP UK LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

A Salameh

I Yiannoukas

REGISTERED OFFICE:

869 High Road

London

N12 8QA

REGISTERED NUMBER:

14900807 (England and Wales)

AUDITORS:

EA (UK) LLP

Chartered Accountants & Statutory Auditors

869 High Road

London

N12 8QA

FIXED ASSETS

Tangible assets

5

3,305

-

CURRENT ASSETS

Debtors

6

92,448

41,065

Cash at bank

8,534

-

100,982

41,065

CREDITORS

Amounts falling due within one year

7

802,959

212,694

NET CURRENT LIABILITIES

(701,977

)

(171,629

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(698,672

)

(171,629

)

CAPITAL AND RESERVES

Called up share capital

1

1

Foreign currency translation reserve

(19,657

)

(295

)

Accumulated losses

(679,016

)

(171,335

)

(698,672

)

(171,629

)

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 26 September 2025 and were signed on its behalf by:

A Salameh - Director

1.	STATUTORY INFORMATION

Alexandrion Group 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 Euro (€). The functional currency of the entity is GBP (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

These accounts present information about the company as a single undertaking and the group accounts are prepared separately by the ultimate parent company in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union (EU) which can be obtained at the registered office address of the company.

The financial statements have been prepared under the going concern basis which the director considers to be appropriate for the following reasons:

At the reporting date, the company is in a net liability position. The intermediate parent company, The Alexandrion Holdings Limited, has indicated their willingness to make available financing to enable the company to meet its working capital requirements for at least twelve months from the date of approval of the financial statements. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so.

The director has considered the ability and intend of the intermediate parent company to provide continuous financial support and concluded that the intermediate parent company has the ability and intention to provide the necessary financial support for a period at least twelve months from the date of the approval of the financial statements should it be required. Based on the above, and having taken into account the risks and uncertainties, the director has concluded that the group has adequate financial resources to continue in operational existence for the foreseeable future. Accordingly, the director has concluded that it is appropriate to continue to adopt the going concern basis in preparing these financial statements and that there is no material uncertainty to this position, as the director has a reasonable expectation that the company has adequate resources under all plausible circumstances to continue in operational existence for the foreseeable future by meeting its liabilities and commitments as they fall due.

Tangible fixed assets

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

Computer equipment

-

25% straight line method

Financial instruments

Trade and other receivables are initially recognised when they are originated.

A financial asset or financial liability is initially measured at fair value plus, transaction costs that are directly attributable to its acquisition or issue. A trade receivable without a significant financing component is initially measured at the transaction price.

On initial recognition the entity classifies a financial asset at amortised cost. These assets are subsequently measured at amortised cost using the effective interest method. The amortised cost is reduced by impairment losses. Interest income, foreign exchange gains and losses and impairment are recognised in profit or loss. Any gain or loss on derecognition is recognised in profit or loss.

On initial recognition, the entity classifies a financial liability at amortised cost. Financial liabilities are subsequently measured at amortised cost using the effective interest method. Interest expense and foreign exchange gains and losses are recognised in profit or loss. Any gain or loss on derecognition is also recognised in profit or loss.

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 Euros at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into Euros at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Exchange differences resulting from the translation of financial statements in functional currency to presentation currency are recognised in other comprehensive income.

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.

Interest payable and similar expenses

Interest payable and similar expenses are reported on an accrual basis using the effective interest rate method.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Computer

equipment

€

COST

Additions

4,407

At 31 December 2024

4,407

DEPRECIATION

Charge for period

1,102

At 31 December 2024

1,102

NET BOOK VALUE

At 31 December 2024

3,305

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

€

€

VAT

69,098

19,303

Prepayments

23,350

21,762

92,448

41,065

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

€

€

Trade creditors

46,522

12,332

Amounts owed to group undertakings

676,375

174,801

Social security and other taxes

20,520

11,485

Other creditors

1,376

6,555

Net wages

-

(1,598

)

Accrued expenses

58,166

9,119

802,959

212,694

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

€

€

Within one year

100,029

127,857

Between one and five years

-

95,893

100,029

223,750

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

The Report of the Auditors was unqualified.

E. Evagora (Senior Statutory Auditor)

for and on behalf of EA (UK) LLP

10.	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.

Included in creditors, amounts falling due within one year is a balance of €Nil (2023: €6,072) due to a company within the group. The amount is interest free.