Aliaro Corporation (UK) Ltd

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

1. General Information

Aliaro Corporation (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12058636 . The registered office is 1 Chapel Street, Warwick, CV34 4HL.

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 company reported a profit for the year. The financial statements have been prepared on a going concern basis and assumes that the company will continue its operations and meet its liabilities as they fall due for at least the next 12 months the signing of the financial statements. This assessment is based on management’s review of forecasts and current trading performance. In addition, written confirmation has been received from the parent company that it will provide support to the company to meet its liabilities as they fall due for at least the 12 months from the signing of the financial statements

2.3. Significant judgements and estimations

The preparation of the financial statements requires management to make judgements, estimates, and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion there are no significant judgements or key sources of estimation uncertainty.

2.4. Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the Company's activities.

Revenue is recognised under a transfer pricing agreement with the parent company and recognised in the period in which the expense is incurred.

2.5. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.6. 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.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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Aliaro Corporation (UK) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.8. Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

2.9. Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2.10. Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2.12. Share Capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 1 (2024: 1)

4. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	-	79
VAT	451	219
Other taxes and social security	-	232
Amounts owed by group undertakings	-	18,322

	451	18,852

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	884	377
Accruals	6,500	6,200
Amounts owed to group undertakings	-	185,431

	7,384	192,008

Amounts owed to parent undertakings is a loan liability owed by Aliaro Corporation (UK) Ltd of £nil (2024 - £163,243) and incurs interest at 5%. These loans are repayable on demand.

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Aliaro Corporation (UK) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

7. Dividends

No dividends were proposed or paid during the current or prior year.

8. Related Party Transactions

The company is a wholly owned subsidiary member of its group and has therefore taken advantage of the provisions of Section 33. 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” not to disclose transactions with entities that are wholly owned members of the group.

9. Ultimate Parent Undertaking and Controlling Party

The parent of the smallest group in which these financial statements are consolidated is Aliaro AB , incorporated in Sweden. Copies of the group accounts may be obtained from the secretary, Krokslätts Fabriker 30 B, 43137 Mölndal, Sverige .

10. Audit Information

The auditor's report on the accounts of Aliaro Corporation (UK) Ltd for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by David Wheeler (Senior Statutory Auditor) for and on behalf of Bourner Bullock , Statutory Auditor.

Bourner Bullock

Chartered Accountants

114 St Martin’s Lane

Covent Garden

London

WC2N 4BE

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	4	451		18,852
Cash at bank and in hand		4,375		2,271

		4,826		21,123
Creditors: Amounts Falling Due Within One Year	5	(7,384 )		(192,008 )

NET CURRENT ASSETS (LIABILITIES)			(2,558 )		(170,885 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(2,558 )		(170,885 )

NET LIABILITIES			(2,558 )		(170,885 )

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			(2,559 )		(170,886 )

SHAREHOLDERS' FUNDS			(2,558)		(170,885)