Level Zero Health Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 15309752

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		437,387		12,389

			437,387		12,389
CURRENT ASSETS
Debtors	5	277,874		27,292
Cash at bank and in hand		1,100,312		12,310

		1,378,186		39,602
Creditors: Amounts Falling Due Within One Year	6	(37,571 )		(25,845 )

NET CURRENT ASSETS (LIABILITIES)			1,340,615		13,757

TOTAL ASSETS LESS CURRENT LIABILITIES			1,778,002		26,146

Creditors: Amounts Falling Due After More Than One Year	7		-		(158,395 )

NET ASSETS/(LIABILITIES)			1,778,002		(132,249 )

CAPITAL AND RESERVES
Called up share capital	8		373		80
Share premium account			2,925,401		-
Profit and Loss Account			(1,147,772 )		(132,329 )

SHAREHOLDERS' FUNDS			1,778,002		(132,249)

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Level Zero Health Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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

Ulviyya Rustamova

Director

27th April 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Level Zero Health Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15309752 . The registered office is 20 Water Street, London, E14 5GX.

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

The financial statements have been prepared on a going concern basis.

The Company incurred a loss during the year of £1,015,443 (2024: £132,329) following extensive investment in the company's research and development activities. The company's losses have to date been funded by the company's parent company, Level Zero Inc. During the year a loan of £2,925,694 was converted to equity by the issue of new shares in the company to Level Zero Inc.

Level Zero Inc. has indicated a willingness to continue to provide further financial support to the Company for the foreseeable future and at least for 12 months from the approval of these financial statements.

The Directors having assessed the current financial position of Level Zero Inc. and the overall group and have a reasonable expectation that the Company will have adequate resources to continue as going concern and pay its liabilities as they fall due for the foreseeable future being a period of at least one year from the date of approval of these accounts by the board of directors.

On this basis, the directors consider it appropriate to prepare the accounts on the going concern basis.

2.3. Research and Development

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

2.4. 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:

Leasehold	Over 5 Years
Plant & Machinery	Over 5 Years
Fixtures & Fittings	Over 5 Years
Computer Equipment	Over 3 Years

2.5. 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.

2.6. Taxation

The tax expense represents the sum of the current tax expense and deferred tax expense. Current tax assets are

recognised when tax paid exceeds the tax payable and when the realisation of tax repayment claim is probable.

Current tax assets and liabilities are measured using tax rates that have been enacted or substantively enacted by the

reporting date

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Level Zero Health Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 2)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 December 2024	-	10,686	-	3,296	13,982
Additions	20,295	419,144	7,532	28,506	475,477

As at 30 November 2025	20,295	429,830	7,532	31,802	489,459

Depreciation
As at 1 December 2024	-	914	-	679	1,593
Provided during the period	1,015	41,246	372	7,846	50,479

As at 30 November 2025	1,015	42,160	372	8,525	52,072

Net Book Value
As at 30 November 2025	19,280	387,670	7,160	23,277	437,387

As at 1 December 2024	-	9,772	-	2,617	12,389

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	17,617	139
Other debtors	2,119	2,119
Corporation tax recoverable assets	210,095	24,063
VAT	48,043	971

	277,874	27,292

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,289	2,850
Other taxes and social security	27,147	2,053
Accruals and deferred income	8,135	4,950
Directors' loan accounts	-	15,992

	37,571	25,845

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

	2025	2024
	£	£
Amounts owed to group undertakings	-	158,395

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Level Zero Health Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
3,725,694 Ordinary Shares of £ 0.0001 each	373	80


Shares issued during the period:	£
2,925,694 Ordinary Shares of £ 0.0001 each	293

9. Other Commitments

At 30 November 2025, the company had future minimum lease payments under non-cancellable operating leases as follows:

	2025	2024
	£	£
Not later than one year	55,916	-

	55,916	-

10. Related Party Transactions

The company is 100% owned by Level Zero Health Inc. At the year end, Level Zero Health Inc. was owed nil

(2024꞉ £158,395) by the company.

During the year, 2,925,694 new ordinary shares of £0.0001 each were issued to Level Zero Health Inc. for a cash consideration of £2,925,694

11. Ultimate Controlling Party

The company's immediate and ultimate parent undertaking is Level Zero Health Inc., a company incorporated in the United States of America.

The directors consider there to be no ultimate controlling party.

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