REGISTERED NUMBER: OC361837 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Lamyra LLP

Page

General Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr Hassan Ahmad Hammouda

LAMYRA HOLDING LIMITED

REGISTERED OFFICE:

Scottish Provident House

1st Floor, 76-80 Colege Road

Harrow

Middlesex

HA1 1BQ

REGISTERED NUMBER:

OC361837 (England and Wales)

ACCOUNTANTS:

Merali's Chartered Accountants

Scottish Provident House

76-80 College Road

Harrow

Middlesex

HA1 1BQ

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Lamyra LLP for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Reconciliation of Members' Interests and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Lamyra LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lamyra LLP and state those matters that we have agreed to state to the members of Lamyra LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lamyra LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Lamyra LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lamyra LLP. You consider that Lamyra LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lamyra LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Merali's Chartered Accountants

Scottish Provident House

76-80 College Road

Harrow

Middlesex

HA1 1BQ

12 December 2025

CURRENT ASSETS

Debtors

4

2,978,148

3,294,993

Cash at bank

1,054,160

501,296

4,032,308

3,796,289

CREDITORS

Amounts falling due within one year

5

(118,259

)

(141,573

)

NET CURRENT ASSETS

3,914,049

3,654,716

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

3,914,049

3,654,716

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

3,914,049

3,654,716

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

3,914,049

3,654,716

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 December 2024.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 12 December 2025 and were signed by:

Mr Hassan Ahmad Hammouda - Designated member

1.	STATUTORY INFORMATION

Lamyra LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Royalties

Royalties receivable are accounted on an accrual basis and are recognised in the period to which they relate.

Going concern

At the time of approving the financial statements, the members have a reasonable expectation that the limited liability partnership has adequate resources to continue operational existence for the foreseeable future. Thus the members continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEE INFORMATION

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

(Restated)

£

£

Trade debtors

31,460

-

Advance to Supplier

231,957

4,758

Intercompany Lamyra DMCC

1,600,321

3,124,651

Pharmacare Global Company FZE

1,031,044

148,102

Lamyra Trading FZE

67,146

-

Prepayments

16,220

17,482

2,978,148

3,294,993

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

(Restated)

£

£

Loans

107,404

122,070

Trade creditors

5,365

-

Advance Received from Customer

-

15,483

Accrued expenses

5,490

4,020

118,259

141,573

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

According to the policy for members profit allocation, drawings, subscriptions and repayments, the LLP shall not make a distribution to a member to the extent that at the time of distribution, the LLP would not be able to pay its debts as they became due in the usual course of business.

7.	PRIOR YEAR ADJUSTMENT AND COMPARATIVE FIGURES

During 2024, the Company’s management identified errors in prior years’ financial statements. Therefore, prior year adjustments have been made in the 2024 accounts to correct the opening balances, and the corresponding comparative figures for 2023 have been restated. The details are presented in the tables below. To ensure consistency in the presentation of the financial statements, the comparative figures have been restated to reflect the changes in presentation applied in the current year, as follows:

1. Income Statement:

Item

Year 2023 as previously reported Dr/(Cr)

Prior year adjustment Dr/ (Cr)

Year 2023 as restated Dr/(Cr)

Sales

(103,794)

2,994

(100,800)

Cost of sales

23,179

(4,758)

18,421

Administrative expenses

774,676

(215,942)

558,734

Other operating income

(687,642)

(55,545)

(743,187)

Loss / (Profit)

6,419

(273,251)

(266,832)

2. Balance Sheet:

Item

Year 2023 as previously reported Dr/ (Cr)

Prior year adjustment Dr/(Cr)

Year 2023 as restated Dr/ (Cr)

Cash at bank

501,296

---

501,296

Debtors

5,009,953

(1,714,960 )

3,294,993

Creditors

(605,936)

464,363

(141,573)

Loans And Other Debts Due To Members

(4,905,313)

1,250,597

(3,654,716)

8.	RELATED PARTY DISCLOSURES

Lamyra Holding Ltd is a designated member of the partnership and holds a significant equity interest in Lamyra DMCC and Lamyra Trading FZE.

At the balance sheet date, amounts due from related undertakings included £1,600,321 due from Lamyra DMCC (2023: £3,124,651) and £67,146 due from Lamyra Trading FZE (2023: £Nil). These balances are unsecured, interest-free and repayable on demand.