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REGISTERED NUMBER: 10500092 (England and Wales)

Financial Statements for the Year Ended 30 March 2025

for

Sava Technologies Ltd.

Sava Technologies Ltd. (Registered number: 10500092)

Contents of the Financial Statements

for the Year Ended 30 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Sava Technologies Ltd.

Company Information

for the Year Ended 30 March 2025

| DIRECTORS: | R Circi

| R Khoury

| R Michali

| N Ohana

| J P Wise

| REGISTERED OFFICE: | 117 Charterhouse Street

| London

| EC1M 6AA

| REGISTERED NUMBER: | 10500092 (England and Wales)

| ACCOUNTANTS: | Atkinsons

| Chartered Accountants

| Palmeira Avenue Mansions

| 19 Church Road

| Hove

| East Sussex

| BN3 2FA

Sava Technologies Ltd. (Registered number: 10500092)

Balance Sheet

30 March 2025

| 30.3.25 | 30.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 2,145 |  | - |  |

Tangible assets | 5 | 525,927 |  | 488,387 |  |

528,072 |  | 488,387 |  |

CURRENT ASSETS

Debtors | 6 | 126,719 |  | 79,397 |  |

Cash at bank | 6,829,509 |  | 2,832,563 |  |

6,956,228 |  | 2,911,960 |  |

CREDITORS

Amounts falling due within one year | 7 | 672,355 |  | 86,987 |  |

NET CURRENT ASSETS | 6,283,873 |  | 2,824,973 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,811,945 |  | 3,313,360 |  |

CAPITAL AND RESERVES

Called up share capital | 5 |  | 4 |  |

Share premium | 16,499,529 |  | 9,279,530 |  |

Retained earnings | (9,687,589 | ) | (5,966,174 | ) |

6,811,945 |  | 3,313,360 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Sava Technologies Ltd. (Registered number: 10500092)

Balance Sheet - continued

30 March 2025

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 6 February 2026 and were signed on its behalf by:

R Michali - Director

Sava Technologies Ltd. (Registered number: 10500092)

Notes to the Financial Statements

for the Year Ended 30 March 2025

1. | STATUTORY INFORMATION

| Sava Technologies 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.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Domain is being amortised evenly over its estimated useful life of ten years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Taxation

| Taxation for the year comprises corporation tax and research and development (R&D) tax credits.

| Current tax is recognised based on taxable profit for the year using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| The company is eligible to claim SME research and development tax relief under the provisions of the Corporation Tax Act 2009. R&D tax credits are recognised in the Income Statement when the directors consider there to be reasonable assurance that the amounts will be received.

| The R&D tax credit recognised in the year relates to qualifying research and development expenditure incurred in the accounting periods ended 30 April 2022, 30 April 2023 and 30 March 2024. As the R&D claim has not yet been prepared or submitted in respect of the year ended 30 March 2025, no R&D tax credit has been recognised for that year.

Sava Technologies Ltd. (Registered number: 10500092)

Notes to the Financial Statements - continued

for the Year Ended 30 March 2025

2. | ACCOUNTING POLICIES - continued

| 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

| 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 40 (2024 - 34 ) .

4. | INTANGIBLE FIXED ASSETS

| Domain

£ |

| COST

| Additions | 2,258 |  |

| At 30 March 2025 | 2,258 |  |

| AMORTISATION

| Amortisation for year | 113 |  |

| At 30 March 2025 | 113 |  |

| NET BOOK VALUE

| At 30 March 2025 | 2,145 |  |

Sava Technologies Ltd. (Registered number: 10500092)

Notes to the Financial Statements - continued

for the Year Ended 30 March 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Computer |

| machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 31 March 2024 | 679,625 |  | 15,329 |  | 68,171 |  | 763,125 |  |

| Additions | 132,552 |  | 1,567 |  | 39,557 |  | 173,676 |  |

| At 30 March 2025 | 812,177 |  | 16,896 |  | 107,728 |  | 936,801 |  |

| DEPRECIATION

| At 31 March 2024 | 242,835 |  | 8,208 |  | 23,695 |  | 274,738 |  |

| Charge for year | 118,715 |  | 1,986 |  | 15,435 |  | 136,136 |  |

| At 30 March 2025 | 361,550 |  | 10,194 |  | 39,130 |  | 410,874 |  |

| NET BOOK VALUE

| At 30 March 2025 | 450,627 |  | 6,702 |  | 68,598 |  | 525,927 |  |

| At 30 March 2024 | 436,790 |  | 7,121 |  | 44,476 |  | 488,387 |  |

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

| 30.3.25 |  | 30.3.24

£ | £ |

| Other debtors | 126,719 |  | 79,397 |  |

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

| 30.3.25 |  | 30.3.24

£ | £ |

| Trade creditors | 327,213 |  | 47,629 |  |

| Taxation and social security | 161,546 |  | - |  |

| Other creditors | 183,596 |  | 39,358 |  |

672,355 |  | 86,987 |  |

8. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.