Nearsure Holding LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC446258

		31 December 2024		29 December 2023
	Notes	$	$	$	$
FIXED ASSETS
Investments	4		4,604,342		638,102

			4,604,342		638,102
CURRENT ASSETS
Debtors	5	505		-
Cash at bank and in hand		5,607		-

		6,112		-
Creditors: Amounts Falling Due Within One Year	6	(638,102 )		(638,102 )

NET CURRENT ASSETS (LIABILITIES)			(631,990 )		(638,102 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,972,352		-

NET ASSETS ATTRIBUTABLE TO MEMBERS			3,972,352		-

REPRESENTED BY:
Equity
Members' other interests
Members' capital		4,019,498		-
Other reserves		(47,146)		-

			3,972,352		-

TOTAL MEMBERS' INTEREST
Members' other interests			3,972,352		-

			3,972,352		-

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Nearsure Holding LLP

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Nortal AS

Designated Member

15/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Nearsure Holding LLP is a limited liability partnership, incorporated in England & Wales, registered number OC446258 . The Registered Office is 7 Bell Yard, London, WC2A 2JR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in US dollars which is the functional currency of the LLP.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)

4. Investments

	Subsidiaries
	$
Cost or Valuation
As at 30 December 2023	638,102
Additions	4,019,498
Disposals	(53,258 )

As at 31 December 2024	4,604,342

Provision
As at 30 December 2023	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	4,604,342

As at 30 December 2023	638,102

	31 Dec 2024	29 Dec 2023
Milweek S.A.	646,217	584,744
Imbaly S.A.	-	53,158
Tecnoliv S.A.	1,229,236	-
Turialba S.A.	1,639,840	-
Eslender S.A.	1,088,949	-
Lowcoding LLC	-	100
Nearsure LLC	100	100
TOTAL	4,604,342	638,102

The company holds more than 20% of the share capital of the following companies:

Name: NEARSURE LLC

Place of incorporation: USA

Proportion of ownership interest and voting power held %: 100%

Name: TECNOLIV S.A.

Place of incorporation: Uruguay

Proportion of ownership interest and voting power held %: 100%

Name: TURIALBA S.A.

Place of incorporation: Uruguay

...CONTINUED

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Nearsure Holding LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Investments - continued

Proportion of ownership interest and voting power held %: 100%

Name: ESLENDER S.A.

Place of incorporation: Uruguay

Proportion of ownership interest and voting power held %: 100%

Name: MILWEEK S.A.

Place of incorporation: Uruguay

Proportion of ownership interest and voting power held %: 20.83%

The investments in these companies are all stated at cost.

5. Debtors

	31 December 2024	29 December 2023
	$	$
Due within one year
Other debtors	505	-

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	29 December 2023
	$	$
Amounts owed to group undertakings	638,102	638,102

7. Post Balance Sheet Events

On 7 July 2025, Nearsure Holding LLP underwent a change in its ownership structure through the sale and transfer of membership interests to new partners. This transaction involved the exit of existing members and the admission of Nortal AS y Webmedia OÜ into the LLP.

The change in membership is expected to result in a revised ownership structure and may lead to changes in the strategic direction and governance of the LLP. However, as at the date of approval of these financial statements, no material restructuring or change in operations has been formally announced.

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