Infinityblu Healthcare Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—9

Report to the director on the preparation of the unaudited statutory accounts of Infinityblu Healthcare Limited for the year ended 31 July 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Infinityblu Healthcare Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of Infinityblu Healthcare Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Infinityblu Healthcare Limited and state those matters that we have agreed to state to the director of Infinityblu Healthcare Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Infinityblu Healthcare Limited and its director as a body for our work or for this report.

It is your duty to ensure that Infinityblu Healthcare Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Infinityblu Healthcare Limited . You consider that Infinityblu Healthcare Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Infinityblu Healthcare Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

30 July 2026

Nuvo Scotland Limited

Bankhead Drive

City South Office Park

Portlethen

Aberdeen

AB12 4XX

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Infinityblu Healthcare Limited

Balance Sheet

As At 31 July 2025

Balance Sheet

Registered number: SC426195

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		405,953		665,523
Tangible Assets	5		1,325,153		2,204,888
Investments	6		823,565		813,270

			2,554,671		3,683,681
CURRENT ASSETS
Stocks	7	50,062		53,179
Debtors	8	2,406,341		1,336,705
Cash at bank and in hand		25,897		5,165

		2,482,300		1,395,049
Creditors: Amounts Falling Due Within One Year	9	(2,059,988 )		(2,418,068 )

NET CURRENT ASSETS (LIABILITIES)			422,312		(1,023,019 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,976,983		2,660,662

Creditors: Amounts Falling Due After More Than One Year	10		(2,681,590 )		(2,341,849 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(295,293 )		(318,713 )

NET ASSETS			100		100

CAPITAL AND RESERVES
Called up share capital			100		100

SHAREHOLDERS' FUNDS			100		100

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Infinityblu Healthcare Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his 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 C Barrowman

Director

30 July 2026

The notes on pages 4 to 9 form part of these financial statements.

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Infinityblu Healthcare Limited

Notes to the Financial Statements

For The Year Ended 31 July 2025

Notes to the Financial Statements

1. General Information

Infinityblu Healthcare Limited is a private company, limited by shares, incorporated in Scotland, registered number SC426195 . The registered office is C/O Nuvo Scotland Limited, Bankhead Drive, City South Office Park, Portlethen, Aberdeenshire, AB12 4XX.

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

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 on the confirmation from the director that the company will continue to trade for a period of no less than 12 months from the date of this report.

The directors acknowledges the negative balance sheet position and have given assurance that they will continue to support the company in order for it to meet it's obligations as they fall due by making funds available and ensuring that loans from associates are not called on for repayment until the company is in such a position to be able to make repayments.

2.3. Significant judgements and estimations

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis.

2.4. 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.

2.5. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, 2022 and 2023, is being amortised evenly over its estimated useful life of five years.

2.6. Intangible Fixed Assets and Amortisation - Other Intangible

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.

Website is being amortised evenly over its estimated useful life of ten years.

2.7. Tangible Fixed Assets and Depreciation

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Assets held under finance leases are depreciated in the same way as owned assets.

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:

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Infinityblu Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

Freehold	2% on cost
Improvements to property	2% on cost
Dental equipment	15% on reducing balance
Motor Vehicles	15% on reducing balance
Fixtures & Fittings	15% on reducing balance
Computer Equipment	15% on reducing balance

2.8. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.9. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.10. Financial Instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.

Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.

Basic financial liabilities

Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.

Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.

Financial liabilities are derecognised when the company's contractual obligations are discharged.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

2.11. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Infinityblu Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.11. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 119 (2024: 120)

4. Intangible Assets

	Goodwill	Website	Total
	£	£	£
Cost
As at 1 August 2024	2,489,889	11,286	2,501,175

As at 31 July 2025	2,489,889	11,286	2,501,175

Amortisation
As at 1 August 2024	1,826,713	8,939	1,835,652
Provided during the period	259,036	534	259,570

As at 31 July 2025	2,085,749	9,473	2,095,222

Net Book Value
As at 31 July 2025	404,140	1,813	405,953

As at 1 August 2024	663,176	2,347	665,523

5. Tangible Assets

	Land & Property
	Freehold	Improvements to property	Dental equipment	Motor Vehicles
	£	£	£	£
Cost or Valuation
As at 1 August 2024	809,604	168,252	1,749,789	33,568
Additions	-	16,364	103,678	-
Disposals	(809,604 )	-	-	-

As at 31 July 2025	-	184,616	1,853,467	33,568

Depreciation
As at 1 August 2024	1,774	5,690	620,502	9,363
Provided during the period	8,096	3,107	173,463	3,630
Disposals	(9,870 )	-	-	-

As at 31 July 2025	-	8,797	793,965	12,993

Net Book Value
As at 31 July 2025	-	175,819	1,059,502	20,575

As at 1 August 2024	807,830	162,562	1,129,287	24,205

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Infinityblu Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost or Valuation
As at 1 August 2024	106,708	21,127	2,889,048
Additions	383	899	121,324
Disposals	-	(999 )	(810,603 )

As at 31 July 2025	107,091	21,027	2,199,769

Depreciation
As at 1 August 2024	40,824	6,007	684,160
Provided during the period	9,897	2,291	200,484
Disposals	-	(158 )	(10,028 )

As at 31 July 2025	50,721	8,140	874,616

Net Book Value
As at 31 July 2025	56,370	12,887	1,325,153

As at 1 August 2024	65,884	15,120	2,204,888

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Dental equipment	659,708	667,278
Motor Vehicles	11,413	13,427

	671,121	680,705

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 August 2024	813,270
Additions	10,295

As at 31 July 2025	823,565

Provision
As at 1 August 2024	-

As at 31 July 2025	-

Net Book Value
As at 31 July 2025	823,565

As at 1 August 2024	813,270

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Infinityblu Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

7. Stocks

	2025	2024
	£	£
Stock	50,062	53,179

8. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	46,528	60,112
Prepayments and accrued income	261,861	183,692
Other debtors	329,841	90,807
Director's loan account	974,469	545,408
Amounts owed by group undertakings	793,642	456,686

	2,406,341	1,336,705

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	158,020	173,451
Trade creditors	244,485	277,562
Bank loans and overdrafts	512,624	1,033,773
Corporation tax	241,085	14,840
Other taxes and social security	285,830	250,908
Other creditors	603,307	648,999
Accruals and deferred income	13,197	12,086
Amounts owed to group undertakings	1,440	6,449

	2,059,988	2,418,068

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	301,134	358,651
Bank loans	2,380,456	1,983,198

	2,681,590	2,341,849

11. Secured Creditors

At the year end, a floating charge overall property or undertaking of the company was in place in favour of Barclays Security Trustee Limited.

Of the creditors the following amounts are secured:

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	459,154	-
Bank loans and overdrafts	2,893,080	2,874,496

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Infinityblu Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

12. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	158,020	173,451
Later than one year and not later than five years	301,134	358,651

	459,154	532,102

	459,154	532,102

13. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 August 2024	318,713	318,713
Deferred taxation	(23,421 )	(23,421 )

Balance at 31 July 2025	295,292	295,292

14. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	48,982	55,438
Later than one year and not later than five years	80,873	122,551
Later than five years	264,200	305,000

	394,055	482,989

15. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 August 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 July 2025
	£	£	£	£	£
Mr Chris Barrowman	545,408	443,496	(14,436 )	-	974,468

The above loan is interest free and has no fixed repayment terms.

16. Related Party Transactions

As at 31 July 2025, there is a balance of £792,016 (2024: £456,695) due from a company who is under shared control and ownership of the director.

17. Ultimate Controlling Party

The company's immediate and ultimate parent undertaking is Infinityblu Ventures Limited.

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