Sensio Care Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—5

1. General Information

Sensio Care Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14876627 . The registered office is 1 Chapel Street, Warwick, CV34 4HL.

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. Going Concern Disclosure

Though the Company is operating at a loss, the Directors have a reasonable expectation that the Company will continue to have access to adequate resources to continue in operational existence for the foreseeable future. The Directors have considered a letter of support from its immediate parent company stating that they will support the Company should it not be in a position to meet any repayment obligations. Thus, the Directors continue to adopt the going concern basis in preparing the annual financial statements.

2.3. Significant judgements and estimations

The preparation of the financial statements requires management to make judgements, estimates, and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion there are no significant judgements or key sources of estimation uncertainty.

2.4. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Straight Line
Computer Equipment	33% Straight Line

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. 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.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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Sensio Care Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.9. Debtors

Basic financial assets, including trade and other debtors, are intially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

2.10. Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2.11. Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2.12. Share Capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 12 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	49,000	2,815	51,815
Additions	33,500	6,205	39,705
Disposals	(34,500 )	-	(34,500 )

As at 31 December 2025	48,000	9,020	57,020

Depreciation
As at 1 January 2025	9,800	78	9,878
Provided during the period	15,322	1,456	16,778
Disposals	(12,650 )	-	(12,650 )

As at 31 December 2025	12,472	1,534	14,006

Net Book Value
As at 31 December 2025	35,528	7,486	43,014

As at 1 January 2025	39,200	2,737	41,937

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Sensio Care Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Stocks

	2025	2024
	£	£
Stock	117,980	410,190
Finished goods	-	(37,224 )

	117,980	372,966

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	127,263	46,149
Prepayments and accrued income	41,688	7,900
Other debtors	1,675	3,811
Net wages	1,000	-
Amounts owed by group undertakings	1,060,000	-

	1,231,626	57,860

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	18,113	14,781
Other taxes and social security	29,329	19,152
VAT	9,697	15,743
Accruals and income in advance	332,044	63,721
Amounts owed to group undertakings	1,354	1,045,979

	390,537	1,159,376

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

	2025	2024
	£	£
Amounts owed to group undertakings	2,121,917	-

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

10. Dividends

No dividends were proposed or paid during the current year or prior period.

11. Related Party Transactions

The company is a wholly owned subsidiary member of its group and has therefore taken advantage of the provisions of Section 33. 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” not to disclose transactions with entities that are wholly owned members of the group.

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Sensio Care Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

12. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Sensio AS . Sensio AS was incorporated in Norway. Copies of the group accounts may be obtained from the secretary, Stenersgaten 1A, 0050 . The ultimate controlling party is Sensio AS who controls 100% of the shares of Sensio Care Ltd .

13. Audit Information

The auditor's report on the accounts of Sensio Care Ltd for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by David Wheeler (Senior Statutory Auditor) for and on behalf of Bourner Bullock , Statutory Auditor.

Bourner Bullock

Chartered Accountants

114 St Martin’s Lane

Covent Garden

London

WC2N 4BE

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		43,014		41,937

			43,014		41,937
CURRENT ASSETS
Stocks	5	117,980		372,966
Debtors	6	1,231,626		57,860
Cash at bank and in hand		56,573		79,407

		1,406,179		510,233
Creditors: Amounts Falling Due Within One Year	7	(390,537 )		(1,159,376 )

NET CURRENT ASSETS (LIABILITIES)			1,015,642		(649,143 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,058,656		(607,206 )

Creditors: Amounts Falling Due After More Than One Year	8		(2,121,917 )		-

NET LIABILITIES			(1,063,261 )		(607,206 )

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Profit and Loss Account			(1,064,261 )		(608,206 )

SHAREHOLDERS' FUNDS			(1,063,261)		(607,206)