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REGISTERED NUMBER: 09625639 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Hälsa Capital Ltd |

Hälsa Capital Ltd (Registered number: 09625639)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Hälsa Capital Ltd

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | Mrs J E Morris

| Mr J P Morris

| REGISTERED OFFICE: | 5 The Quay

| Bideford

| Devon

| EX39 2XX

| REGISTERED NUMBER: | 09625639 (England and Wales)

| ACCOUNTANTS: | R T Marke & Co Ltd

| Chartered Accountants

| 69 High Street

| Bideford

| Devon

| EX39 2AT

Hälsa Capital Ltd (Registered number: 09625639)

Abridged Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 5 | 13,851 |  | 15,830 |  |

Investments | 6 | - |  | 838,723 |  |

Investment property | 7 | 10,788,000 |  | 10,628,500 |  |

10,801,851 |  | 11,483,053 |  |

CURRENT ASSETS

Debtors | 66,109 |  | 85,800 |  |

Cash at bank | 11,500 |  | 301,539 |  |

77,609 |  | 387,339 |  |

CREDITORS

Amounts falling due within one year | 4,930,299 |  | 6,128,010 |  |

NET CURRENT LIABILITIES | (4,852,690 | ) | (5,740,671 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,949,161 |  | 5,742,382 |  |

CREDITORS

Amounts falling due after more than one year | (2,150,000 | ) | (2,150,000 | ) |

PROVISIONS FOR LIABILITIES | (393,802 | ) | (442,113 | ) |

NET ASSETS | 3,405,359 |  | 3,150,269 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 1,800,100 |  | 1,800,100 |  |

Retained earnings | 10 | 1,605,259 |  | 1,350,169 |  |

SHAREHOLDERS' FUNDS | 3,405,359 |  | 3,150,269 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Hälsa Capital Ltd (Registered number: 09625639)

Abridged Balance Sheet - continued

31 December 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2026 and were signed on its behalf by:

Mr J P Morris - Director

Mrs J E Morris - Director

Hälsa Capital Ltd (Registered number: 09625639)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Hälsa Capital 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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. There were no material departures from that standard.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| The principal accounting policies adopted in the preparation of the financial statements are set out below and remain unchanged from the previous period, and also have been consistently applied within the same accounts.

| Preparation of consolidated financial statements

| The financial statements contain information about Hälsa Capital Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| 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.

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

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. No depreciation is provided in respect of investment properties.

| Financial instruments

| Basic financial instruments with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs.

Hälsa Capital Ltd (Registered number: 09625639)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred 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.

| 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.

| Going concern

| The company has net current liabilities of £4,852,690 (2024 - £5,740,671). These net current liabilities include an amount of £4,859,797 (2024 - £6,062,281) due to connected companies.

| The company is reliant on the continuing financial support of its creditors and while there are no reasons to doubt that this support will continue, inherently there can be no certainty in relation to these matters. On this basis, and having regard to the company's anticipated future revenues and costs including repayment of debt where appropriate, together with the expected availability of working capital, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from an inability to meet obligations as they fall due.

| Exceptional items

| The company discloses as exceptional items material items which derive from events or transactions that fall within the ordinary activities of the reporting entity and which individually, or, if of a similar type, in aggregate, it is considered need to be disclosed by virtue of their size or incidence if the financial statements are to give a true and fair view.

4. | EMPLOYEES AND DIRECTORS

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

Hälsa Capital Ltd (Registered number: 09625639)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

5. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 19,788 |  |

| AMORTISATION

| At 1 January 2025 | 3,958 |  |

| Amortisation for year | 1,979 |  |

| At 31 December 2025 | 5,937 |  |

| NET BOOK VALUE

| At 31 December 2025 | 13,851 |  |

| At 31 December 2024 | 15,830 |  |

6. | FIXED ASSET INVESTMENTS

| Information on investments other than loans is as follows:

| Totals

£ |

| COST

| At 1 January 2025 | 838,723 |  |

| Disposals | (838,723 | ) |

| At 31 December 2025 | - |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  |

| At 31 December 2024 | 838,723 |  |

7. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025 | 10,628,500 |  |

| Additions | 424,604 |  |

| Revaluations | (262,610 | ) |

| Impairments | (25,204 | ) |

| Reversal of impairments | 22,710 |  |

| At 31 December 2025 | 10,788,000 |  |

| NET BOOK VALUE

| At 31 December 2025 | 10,788,000 |  |

| At 31 December 2024 | 10,628,500 |  |

Hälsa Capital Ltd (Registered number: 09625639)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

7. | INVESTMENT PROPERTY - continued

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2021 | 793,882 |  |

| Valuation in 2023 | 312,000 |  |

| Valuation in 2024 | 715,631 |  |

| Valuation in 2025 | (265,104 | ) |

| Cost | 9,231,591 |  |

10,788,000 |  |

| The freehold investment property was valued on an open market basis at the balance sheet date.

| The investment property is accounted for at fair value on an on-going basis.

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 2,150,000 |  | 2,150,000 |  |

| Bank loans and overdrafts are secured by fixed and floating charges over the company's assets.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1,800,100 | Ordinary | £1 | 1,800,100 |  | 1,800,100 |  |

10. | RESERVES

| Included in retained earnings is £1,260,754 (2024 - £1,475,053) of profits which are not available for distribution as they are unrealised.

11. | ULTIMATE CONTROLLING PARTY

| The controlling party is Blueberry & Co Holdings Ltd.

| The ultimate controlling party is Mr J P Morris and Mrs J E Morris.