These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

MyPulse Limited is a private company limited by shares incorporated in England and Wales. The registered office is 120 Regent Street, London, W1B 5FE.

The prior year financial statements are for a period of eleven months from 1 May 2024 to 31 May 2025 due to the accounting period being extended in the first period of incorporation. Therefore, the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

As at 31 March 2026 the company had net assets oftrue £236,195 (2025: net liabilities of £5,409) and made a profit during the year of £241,604 (2025: loss of £5,509).

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company derives the majority of its income from its fellow group company, Nucleus Services Limited, for its role in servicing their loan portfolio’s. The company has an agreement in place for a period of 5 years and the directors know of no reason why this would be terminated. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover represents income earned from financial services and platform-related activities, and comprises:

• Arrangement fees, calculated as a percentage of the loan origination;

• Servicing fees, calculated as a percentage of the closing outstanding loan portfolio;

• Subscription fees, calculated based on a fixed fee per user per month as per contract for providing real-time business insights and analytics services; and

• Platform fees, calculated as a percentage of loan disbursements made by third parties through the Company’s platform.

Revenue is recognised when a binding contractual agreement is in place with the customer, the amount of consideration can be reliably measured, and it is probable that economic benefits associated with the transaction will flow to the Company. Arrangement fees are recognised at the point in time when the loan is successfully originated and the service obligation is fulfilled. Servicing fees are recognised over time on a systematic basis as the services are provided, based on the outstanding loan portfolio during the period. Subscription fees are recognised over the period in which the related services and access to business insights are provided. Platform fees are recognised at the point in time when the relevant loan disbursement occurs through the platform. Where a contract is in place at the reporting date and services have been provided but not yet billed or received, the Company recognises accrued income within trade and other receivables. Where consideration has been received in advance of service delivery, such amounts are recognised as deferred income and released to turnover as the related performance obligations are satisfied.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The 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 net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

The average monthly number of persons (including directors) employed by the company during the year was 2 (2025: nil).

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its profit for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

At the balance sheet date, an amount of £150,002 (2025: £nil) was due from Nucleus Services Limited, a company under common control in respect of servicing fees. Income amounting to £646,645 (2025: £nil) was recognised during the year in relation to these services.

At the balance sheet date, a separate amount of £200 (2025: £200) was due to Nucleus Services Limited.

At the balance sheet date, amounts of £53,460 (2025: £nil) and £3,084 (2025: £nil) were due from Nucleus Cash Flow Finance2 Limited and Nucleus Cash Flow Finance6 Limited respectively, companies under common control. These amounts were in respect of subscription fees.

The immediate parent undertaking is MyPulse.io Limited, a limited liability company incorporated in India, due to a change in shareholding. The registered address is E-505, Corporate Avenue A K Road, Andheri (East) Mumbai 400093.

The ultimate controlling party is Chirag Shah, by virtue of his majority shareholding in MyPulse.io Limited.