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REGISTERED NUMBER: 11085515 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

KORA HEALTHCARE UK LTD

| KORA HEALTHCARE UK LTD (REGISTERED NUMBER: 11085515) |

CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| KORA HEALTHCARE UK LTD |

COMPANY INFORMATION

For The Year Ended 31 December 2024

| DIRECTORS: | J P O'Daly

| C J O'Daly

| REGISTERED OFFICE: | 167-169 Great Portland Street

| 5th Floor

| London

| W1W 5PF

| REGISTERED NUMBER: | 11085515 (England and Wales)

| AUDITORS: | Fortus Audit LLP

| Equinox House

| Clifton Park, Shipton Road

| York

| YO30 5PA

| KORA HEALTHCARE UK LTD (REGISTERED NUMBER: 11085515) |

BALANCE SHEET

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | 128 |  |

CURRENT ASSETS

Debtors | 5 | 185,616 |  | 165,145 |  |

Cash at bank | 27,296 |  | 21,779 |  |

212,912 |  | 186,924 |  |

CREDITORS

Amounts falling due within one year | 6 | 112,309 |  | 115,108 |  |

NET CURRENT ASSETS | 100,603 |  | 71,816 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 100,603 |  | 71,944 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 100,503 |  | 71,844 |  |

100,603 |  | 71,944 |  |

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 9 October 2025 and were signed on its behalf by:

J P O'Daly - Director

C J O'Daly - Director

| KORA HEALTHCARE UK LTD (REGISTERED NUMBER: 11085515) |

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Kora Healthcare UK 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.

| These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

| Turnover

| Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT where chargeable.

| Tangible fixed assets

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

| Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

| Office equipment 20% straight line

| Fixtures and fittings 20% straight line

| Computer equipment 33% straight line

| The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

| 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.

| KORA HEALTHCARE UK LTD (REGISTERED NUMBER: 11085515) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| 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.

| Judgements and key sources of estimation uncertainty

| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumption are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on an ongoing basis. Revision to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

| Going concern

| The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence based on detailed budgets and continued support from the Kora Corporation Limited.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2023 - 9 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 5,203 |  |

| DEPRECIATION

| At 1 January 2024 | 5,075 |  |

| Charge for year | 128 |  |

| At 31 December 2024 | 5,203 |  |

| NET BOOK VALUE

| At 31 December 2024 | - |  |

| At 31 December 2023 | 128 |  |

| KORA HEALTHCARE UK LTD (REGISTERED NUMBER: 11085515) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2024

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

2024 | 2023 |

£ | £ |

| Amounts owed by group undertakings | 168,001 |  | 104,778 |  |

| Other debtors | 17,615 |  | 60,367 |  |

185,616 |  | 165,145 |  |

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

2024 | 2023 |

£ | £ |

| Trade creditors | 45,369 |  | 62,059 |  |

| Taxation and social security | 31,488 |  | 23,407 |  |

| Other creditors | 35,452 |  | 29,642 |  |

112,309 |  | 115,108 |  |

7. | LEASING AGREEMENTS

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

2024 | 2023 |

£ | £ |

| Within one year | 3,936 |  | 3,936 |  |

| Between one and five years | 6,232 |  | 10,168 |  |

10,168 |  | 14,104 |  |

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

| The Report of the Auditors was unqualified.

| Frances Howard (Senior Statutory Auditor)

| for and on behalf of Fortus Audit LLP

9. | PARENT COMPANY

| The immediate parent undertaking is Kora Corporation Limited, a company registered in the Republic of Ireland. Its registered office is 20 Harcourt Street, Dublin 2, DO2H364, Republic of Ireland.

| The company's ultimate parent undertaking is Dalvest Unlimited Company, a company registered in the Republic of Ireland. Its registered office is 1 Longlands, Swords, County Dublin, Republic of Ireland. The Dalvest Unlimited Company group of companies is classed as a small group and, therefore, Dalvest Unlimited Company is exempt from preparing consolidated financial statements.

| The company's ultimate controlling party is J P O'Daly.