KYNAXIS LTD

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

Registered number: 12433511

		2026		2025
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	923,194		25,912
Cash at bank and in hand		11,940		8,282

		935,134		34,194
Creditors: Amounts Falling Due Within One Year	5	(953,339 )		(119,364 )

NET CURRENT ASSETS (LIABILITIES)			(18,205 )		(85,170 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(18,205 )		(85,170 )

NET LIABILITIES			(18,205 )		(85,170 )

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			(18,206 )		(85,171 )

SHAREHOLDERS' FUNDS			(18,205)		(85,170)

For the year ending 31 January 2026 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

Mr Sergio Santos Barcala

Director

11/06/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

KYNAXIS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12433511 . The registered office is 19 The Circle, Queen Elizabeth Street, London, SE1 2JE.

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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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.

2.4. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 3)

4. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	893,769	-
Kilobe System Ltd	25,312	25,312
VAT	4,113	600

	923,194	25,912

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KYNAXIS LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	4,995	4,619
Corporation tax	-	100
Other taxes and social security	27,942	13,208
Net wages	-	22,479
Kynaxis Technology Solutions	845,548	14,805
Pension Fund	12,397	1,890
Accruals and deferred income	94	-
Directors' loan accounts	62,363	62,263

	953,339	119,364

6. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

7. Directors Advances, Credits and Guarantees

Included within creditors are the following loans to directors:

	As at 1 February 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2026
	£	£	£	£	£
Mr Pedro Tortosa Hernandez	62,263	100	-	-	62,363

The above loan is unsecured, interest free and repayable on demand.

8. Related Party Transactions

Kynaxis Technology Solutions is the 100% holding company of Kynaxis Ltd. During the year company has taken loan from holding company amounting to £830,743 (2025:£14,805) and closing balance for the loan is £845,548 (2025:£14,805) which is included in the creditors of the Note no. 5 above.

At the end of the year outstading balance is with Kilobe system Ltd is £25,312.(2025:£25,312) which is included in the Note no.4 above.

9. Ultimate Controlling Party

The company's ultimate controlling party is Mr Pedro Tortosa Hernandez by virtue of his ownership of more than 50% but less than 75%and Mr Sergio Santos Barcala by virtue of his ownership of more than 25% but not more than 50% in the company of the issued share capital.

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