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Company registration number:
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15961806
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Lola Health Ltd
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Balance sheet
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as at 31 December 2025
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£
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Current assets
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28,205
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Creditors: amounts falling due within one year
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(147,790)
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NET LIABILITIES
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(119,585)
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CAPITAL AND RESERVES
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(119,585)
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Notes
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1
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Company information
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Lola Health Ltd is a private company registered in England and Wales. Its registered number is
15961806. The company is limited by shares. Its registered office is 167-169 Great Portland Street, 5th
Floor, London, W1W 5PF.
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2
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Average number of employees
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During the period the average number of employees was 1.
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3
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Simple Agreement for Future Equity
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During the year, the company received funding of £70,000 under a Simple Agreement for Future Equity
(SAFE).
Under the terms of the SAFE, conversion into equity shares was triggered by an occurrence of an
Equity Financing. On the event of an Equity Financing, the SAFE will automatically convert into the
number of SAFE shares equal to the purchase amount divided by the lowest price per share of the
Standard Preferred Shares sold in the Equity Financing subject to a valuation cap of £400,000. The
agreement also included a longstop date of 22 February 2026 at which point, in the absence of a
qualifying event, the SAFE will automatically convert into Ordinary Shares at a price per share equal to
the Valuation Cap divided by the Company Capitalisation as of the Longstop Date.
At the reporting date, the qualifying event has not been completed and all SAFE instruments totalling
£70,000 have been included in "Current Liabilities".
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The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to
small companies for the period ended 31 December 2025.
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The members have not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
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The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to
accounting records and the preparation of financial statements.
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1
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