Medvest UK LLP

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

Registered number: OC327947

		2025		2024
	Notes	$	$	$	$
FIXED ASSETS
Investments	5		619,785		559,035

			619,785		559,035
CURRENT ASSETS
Debtors	6	1,206,765		1,204,424
Cash at bank and in hand		-		244

		1,206,765		1,204,668
Creditors: Amounts Falling Due Within One Year	7	(69,024 )		(68,687 )

NET CURRENT ASSETS (LIABILITIES)			1,137,741		1,135,981

TOTAL ASSETS LESS CURRENT LIABILITIES			1,757,526		1,695,016

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,757,526		1,695,016

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		3,639,567		3,451,360

			3,639,567		3,451,360

Equity
Members' other interests
Members' capital		2,246,458		2,246,458
Other reserves		(4,128,499)		(4,002,802)

			(1,882,041)		(1,756,344)

			1,757,526		1,695,016

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			3,639,567		3,451,360
Members' other interests			(1,882,041)		(1,756,344)

			1,757,526		1,695,016

Page 1

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Medvest UK LLP

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

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

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

On behalf of the members

Mr Joaquin Gari De Sentmenat

Designated Member

19/05/2026

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

1. General Information

Medvest UK LLP is a limited liability partnership, incorporated in England & Wales, registered number OC327947 . The Registered Office is Newfrith House, 21 Hyde Street, Winchester, England, SO23 7DR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in US dollars which is the functional currency of the LLP.

2.2. 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:

Fixtures & Fittings

25% straight line

2.3. Foreign Currencies

Monetary 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 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 members with contracts of employment, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Fixtures & Fittings
	$
Cost
As at 1 January 2025	1,974

As at 31 December 2025	1,974

Depreciation
As at 1 January 2025	1,974

As at 31 December 2025	1,974

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

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Medvest UK LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Investments

	Unlisted
	$
Cost or Valuation
As at 1 January 2025	559,035
Additions	60,750

As at 31 December 2025	619,785

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	619,785

As at 1 January 2025	559,035

6. Debtors

	2025	2024
	$	$
Due within one year
Other debtors	1,206,765	1,204,424

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	$	$
Trade creditors	30,736	30,734
Bank loans and overdrafts	100	-
Other creditors	38,188	37,953

	69,024	68,687

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