Vancor Ltd

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

Registered number: 07832014

		2024		2023
	Notes	€	€	€	€
FIXED ASSETS
Investments	4		320,106,876		320,106,876

			320,106,876		320,106,876
CURRENT ASSETS
Cash at bank and in hand		630		3,429

		630		3,429
Creditors: Amounts Falling Due Within One Year	5	(24,173 )		(11,953 )

NET CURRENT ASSETS (LIABILITIES)			(23,543 )		(8,524 )

TOTAL ASSETS LESS CURRENT LIABILITIES			320,083,333		320,098,352

Creditors: Amounts Falling Due After More Than One Year	6		(120,900,008 )		(120,894,681 )

NET ASSETS			199,183,325		199,203,671

CAPITAL AND RESERVES
Called up share capital	7		200,001,193		200,001,193
Profit and Loss Account			(817,868 )		(797,522 )

SHAREHOLDERS' FUNDS			199,183,325		199,203,671

Page 1

Page 2

Vancor Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

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

On behalf of the board

Mr Armin Poernbacher

Director

28/12/2025

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

1. General Information

Vancor Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07832014 . The registered office is Northern & Shell Building, 8th Floor, 10, Lower Thames Street, London, EC3R 6AF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:0 NIL (2023: NIL)

4. Investments

	Unlisted
	€
Cost
As at 1 January 2024	320,106,876

As at 31 December 2024	320,106,876

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	320,106,876

As at 1 January 2024	320,106,876

During the year the Company owns 51% of shares for the company name Suisse Laboratories AG (overseas).

Further more the company hold 15.97% investment in MBL Solution Srl (Overseas).

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	€	€
Trade creditors	7,385	3,568
Bank loans and overdrafts	8,403	-
Director's loan account	8,385	8,385

	24,173	11,953

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Vancor Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	€	€
Other creditors	30,908	30,908
Other creditors (1)	397,052	397,052
Other creditors (2)	118,397,463	118,392,136
Other creditors (3)	1,991,200	1,991,200
Accruals and deferred income	1,713	1,713
Amounts owed to group undertakings	81,672	81,672

	120,900,008	120,894,681

Other creditors represent the credit from Suisse Laboratories

Other creditor (1) is the shareholders loan

Other creditor (2) represents shareholders subordinated loan

Other creditor (3) represent shareholders loan (Vancor dubai)

7. Share Capital

	2024	2023
	€	€
Allotted, Called up and fully paid	200,001,193	200,001,193

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