REGISTERED NUMBER: 11481147 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Abdul Latif Jameel Investment

Advisory Services UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Kaul

SECRETARY:

Hawksford Secretaries Jersey Limited

REGISTERED OFFICE:

Ground Floor, 123 Pall Mall

London

SW1Y 5EA

REGISTERED NUMBER:

11481147 (England and Wales)

AUDITORS:

Zenith Audit Ltd

Statutory Auditors

Third Floor North

Warwick House

65/66 Queen Street

London

EC4R 1EB

FIXED ASSETS

Tangible assets

4

34,936

59,038

CURRENT ASSETS

Debtors

5

598,921

660,094

Cash at bank and in hand

398,789

114,108

997,710

774,202

CREDITORS

Amounts falling due within one year

6

(96,985

)

(61,810

)

NET CURRENT ASSETS

900,725

712,392

TOTAL ASSETS LESS CURRENT LIABILITIES

935,661

771,430

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

935,659

771,428

935,661

771,430

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 director and authorised for issue on 1 April 2026 and were signed by:

S Kaul - Director

1.	STATUTORY INFORMATION

Abdul Latif Jameel Investment Advisory Services UK Limited 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.

The company's functional and presentational currency is USD and rounded to the nearest $.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer Equipment - Straight line over 36 months

Furniture and fixtures - Straight line over 36 months

Leasehold Improvements - Straight line over 18 months

Tangible fixed assets are stated at cost less depreciation. Cost includes the purchase cost and all other costs necessary to bring them to their present location and condition

Taxation

Taxation for the year comprises current 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 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.

Foreign currencies

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit and loss on 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.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents

Cash and cash equivalents comprise cash in hand and cash held on demand with banks.

Going Concern

The company's ability to continue as a going concern is contingent on the ability of the shareholder of the company to continue providing financial support to the company. The shareholder has confirmed that their financial support will continue for at least 12 months from the date of approval of these financial statements. These accounts have therefore been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Furniture

Leasehold

and

Computer

Improvements

Fittings

equipment

Totals

$

$

$

$

COST

At 1 January 2025

and 31 December 2025

15,906

65,646

64,325

145,877

DEPRECIATION

At 1 January 2025

15,906

10,352

60,581

86,839

Charge for year

-

21,530

2,572

24,102

At 31 December 2025

15,906

31,882

63,153

110,941

NET BOOK VALUE

At 31 December 2025

-

33,764

1,172

34,936

At 31 December 2024

-

55,294

3,744

59,038

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

$

$

Other debtors

598,921

660,094

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

$

$

Taxation

62,777

26,554

Other creditors

34,208

35,256

96,985

61,810

7.	LEASING AGREEMENTS

Minimum lease payments under operating leases fall due as follows:

31.12.25

31.12.24

$

$

Within one year

443,653

407,285

Between one and five years

1,774,610

1,629,142

In more than five years

584,649

944,009

2,802,912

2,980,436

There is a review on April 25, 2027 wherein the rent amount is to be reviewed.

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

The Report of the Auditors was unqualified.

Filip Lyapov (Senior Statutory Auditor)

for and on behalf of Zenith Audit Ltd

9.	RELATED PARTY DISCLOSURES

During the period, the company provided advisory services to Menaxfundco Ltd for $880,000 (2024:$935,000) and to ALJ Health Care and Life Sciences Ltd for $1,481,000 (2024: $1,138,000).

The company also received service fees from ALJ UK Services Company Limited $67,121 and ALJ Motors UK Limited $7,009.

All four companies mentioned above are affiliated companies.

10.	AUDITOR LIABILITY LIMITATION AGREEMENT

An auditors' limitation of liability agreement has been approved by the director for the financial year ended 31 December 2025. The principal terms and conditions are as below:

- The agreement limits the amount of any liability owed to the Company by the auditors in respect of any negligence default, breach of duty or breach of trust, occurring in the course of audit of the Company's accounts and pursuant to this agreement the auditor may be guilty in relation to the Company.

- The agreement also stipulates the maximum aggregated amount payable in event of any of the circumstances stated above.

11.	ULTIMATE CONTROLLING PARTY