REGISTERED NUMBER: 06143815 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2023 TO 31 DECEMBER 2024

FOR

EUNA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S J Lane

J Knudsen

R P O Berhof

REGISTERED OFFICE:

33 Gutter Lane

London

EC2V 8AS

REGISTERED NUMBER:

06143815 (England and Wales)

SENIOR STATUTORY AUDITOR:

Glenn Armon-Jones ACA FCCA

AUDITORS:

Barrow LLP

Registered Auditors

Jackson House

Station Road

Chingford

London

E4 7BU

CURRENT ASSETS

Debtors

5

22,148

183,595

Cash at bank

5,014

13,442

27,162

197,037

CREDITORS

Amounts falling due within one year

6

(159,518

)

(94,255

)

NET CURRENT (LIABILITIES)/ASSETS

(132,356

)

102,782

TOTAL ASSETS LESS CURRENT LIABILITIES

(132,356

)

102,782

CAPITAL AND RESERVES

Called up share capital

7

200

200

Retained earnings

(132,556

)

102,582

SHAREHOLDERS' FUNDS

(132,356

)

102,782

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 and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

R P O Berhof - Director

1.	STATUTORY INFORMATION

EUNA 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 Pound Sterling (£).

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.

The financial statements have been prepared on a non-going concern basis, in accordance with the Companies Act 2006 and applicable accounting standards in United Kingdom including Financial Reporting Standard 102, under the historical cost convention modified to include the revaluation of financial assets and liabilities.

The Company's ultimate parent undertaking, Top Armbel Holding AB includes the Company in its consolidated financial statements. The consolidated financial statements of Top Armbel Holding AB are available to the public and may be obtained from Top Armbel Holding AB, c/o Bridgepoint, Mäster Samuelsgatan 1, 111 44, Stockholm, Sweden. In these financial statements, the company is considered to be a qualifying entity (for the purposes of this FRS) and has applied the exemptions available under FRS 102 in respect of the following disclosures:

Reconciliation of the number of shares outstanding from the beginning to end of the period; and

Cash Flow Statement and related notes.

As the consolidated financial statements of the ultimate parent undertaking include the disclosures equivalent to those required by FRS 102, the Company has also taken the exemptions available in respect of the following disclosures:

Certain disclosures required by FRS 102.11 Basic Financial Instruments and FRS 102.12 Other Financial Instrument Issues in respect of financial instruments not falling within the fair value accounting rules of Paragraph 36(4) of Schedule 1.

The accounting policies set out below have, unless otherwise stated, been applied consistently to all periods presented in these financial statements.

Turnover

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

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account and Retained Earnings, 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 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.

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.

Going concern

The financial statements have been prepared on the break up basis which the Board considers to be appropriate since the company ceased trading.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2023 - 2 ) .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

30.6.23

(Unaudited)

£

£

Trade debtors

19,523

21,930

Amounts owed by group undertakings

760

55,632

Other debtors

1,865

106,033

22,148

183,595

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

30.6.23

(Unaudited)

£

£

Trade creditors

13,220

29,734

Amounts owed to group undertakings

106,793

-

Taxation and social security

19,471

26,961

Other creditors

20,034

37,560

159,518

94,255

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

30.6.23

value:

£

£

150

Ordinary Shares

150

150

150

50

Ordinary Shares

50

50

50

200

200

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

The Report of the Auditors was qualified on the following basis:

Basis for qualified opinion

This is the first year that we have been appointed as auditors of the EUNA Limited. We did not audit the financial statements for the prior year, and consequently, we were unable to obtain sufficient appropriate audit evidence regarding the comparative figures and opening balances as at 01 July 2023. Since these balances may have a material impact on the determination of financial performance and cash flows for the current year, we were unable to determine whether any adjustments might have been necessary in respect of comparative figures, opening reserves, or other related balances.

Our audit opinion on the current year’s financial statements is therefore qualified solely in respect of this matter. Apart from this, we have obtained sufficient appropriate audit evidence to provide a basis for our opinion.

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Glenn Armon-Jones ACA FCCA (Senior Statutory Auditor)

for and on behalf of Barrow LLP

9.	POST BALANCE SHEET EVENTS

Subsequent to the year-end, the Company ceased trading as its business operations were hived up into a fellow subsidiary. The Company is expected to remain dormant for the foreseeable future. There are no further significant post balance sheet events requiring disclosure.

10.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is Top Armbel Holding AB, a company incorporated in Sweden.

The immediate parent undertaking is Lane Technology (Holdings) Ltd.

Top Armbel Holding AB is the parent undertaking of the largest and smallest group of undertakings to consolidate these financial statements at 31 December 2024. The consolidated financial statements of Top Armbel Holding AB are available from:

Top Armbel Holding AB

c/o Bridgepoint

Mäster Samuelsgatan 1

111 44 Stockholm

Sweden