REGISTERED NUMBER: 08834823 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Prenetics EMEA Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D S W Yeung

REGISTERED OFFICE:

2nd Floor

11A Institute Street

Bolton

BL1 1PZ

REGISTERED NUMBER:

08834823 (England and Wales)

ACCOUNTANTS:

Haywoods

2nd Floor

11A Institute Street

Bolton

BL1 1PZ

FIXED ASSETS

Investments

4

1

1

CURRENT ASSETS

Debtors

5

28,340

222,038

Cash at bank

88,769

56,809

117,109

278,847

CREDITORS

Amounts falling due within one year

6

(70,350

)

(162,551

)

NET CURRENT ASSETS

46,759

116,296

TOTAL ASSETS LESS CURRENT LIABILITIES

46,760

116,297

PROVISIONS FOR LIABILITIES

-

(35,235

)

NET ASSETS

46,760

81,062

CAPITAL AND RESERVES

Called up share capital

76,767

76,767

Retained earnings

(30,007

)

4,295

SHAREHOLDERS' FUNDS

46,760

81,062

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

D S W Yeung - Director

1.	STATUTORY INFORMATION

Prenetics EMEA 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.

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.

Plant & machinery - over useful life of 3 years

Computer equipment - over useful life of 3 years

Investments in subsidiaries

Investments in subsidiaries are measured at cost less accumulated impairment. The carrying value of investments is reviewed for impairment when events or changes in circumstance indicate the carrying value may not be recoverable.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 NIL (2023 - 11 ).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

1

NET BOOK VALUE

At 31 December 2024

1

At 31 December 2023

1

Investments comprise an equity share in Oxsed Limited which is not publicly traded. The company is incorporated in the United Kingdom and the registered office is 2nd Floor, 11A Institute Street, Bolton, BL1 1PZ

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

28,340

222,038

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

4,001

46,444

Amounts owed to group undertakings

17,121

-

Taxation and social security

3,151

-

Other creditors

46,077

116,107

70,350

162,551

7.	ULTIMATE CONTROLLING PARTY

The Company is a wholly owned subsidiary of Prenetics Limited, a company incorporated in Hong Kong.

Prenetics Limited is a wholly owned subsidiary of Prenetics Global Limited (NASDAQ: PRE), a company incorporated in the Cayman Islands. Prenetics Global Limited (NASDAQ: PRE) is regarded by the directors as the Company's ultimate parent company.

Copies of the consolidated financial statements of Prenetics Global Limited are available at 7/F, K11 Atelier, 728 King's Road, Quarry Bay, Hong Kong.