Company No: 16279390 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	31.03.2026
		£
Current assets
Debtors	3	10
		10
Net current assets		10
Total assets less current liabilities		10
Net assets		10
Capital and reserves
Called-up share capital	4	10
Total shareholders' funds		10

Snap Labs AI Ltd (registered number: 16279390) did not trade during the current financial period and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current financial period and therefore no Statement of Changes in Equity has been included. For the financial period ending 31 March 2026 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Snap Labs AI Ltd (registered number: 16279390) were approved and authorised for issue by the Board of Directors on 12 August 2026. They were signed on its behalf by:

Mr P A Johnson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Snap Labs AI Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 43 Queen Square, Bristol, BS1 4QP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The company was incorporated on the 26 February 2025. The first accounting period was extended to 31 March 2026 to align with the other companies in the group.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	Period from 26.02.2025 to 31.03.2026
	Number
Monthly average number of persons employed by the Company during the period, including directors	0

3. Debtors

	31.03.2026
	£
Amounts owed by Group undertakings	8
Other debtors	2
	10

4. Called-up share capital

	31.03.2026
	£
Allotted, called-up and fully-paid
800 Ordinary shares of £ 0.01 each	8
200 Ordinary A shares of £ 0.01 each	2
	10

During the period, 200 Ordinary A shares of £0.01 each were allotted at par.