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Registered number: 10723076
LoMaRe Technologies Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
LoMaRe Technologies Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—7

Page 1
LoMaRe Technologies Limited
Statement of Financial Position
As At 31 December 2025
Statement of Financial Position
Registered number: 10723076

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 3,317,805 |  | 2,320,238
Tangible Assets | 5 |  | 12,460 |  | 22,693
Investments | 6 |  | 660,000 |  | 660,000
|  |  | 3,990,265 |  | 3,002,931
CURRENT ASSETS
Debtors | 7 | 183,616 |  | 259,006 |
Cash at bank and in hand |  | 268,536 |  | 677,221 |
|  | 452,152 |  | 936,227 |
Creditors: Amounts Falling Due Within One Year | 8 | (86,372 ) |  | (788,142 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 365,780 |  | 148,085
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 4,356,045 |  | 3,151,016
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (152,323 ) |  | (161,843 )
NET ASSETS |  |  | 4,203,722 |  | 2,989,173
CAPITAL AND RESERVES
Called up share capital | 10 |  | 10 |  | 10
Share premium account |  |  | 1,899,997 |  | 1,899,997
Income Statement |  |  | 2,303,715 |  | 1,089,166
SHAREHOLDERS' FUNDS |  |  | 4,203,722 |  | 2,989,173

Page 1
Page 2
LoMaRe Technologies Limited
Statement of Financial Position (continued)
As At 31 December 2025
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Income Statement.
On behalf of the board

E Donchev Director
17 August 2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
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LoMaRe Technologies Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
LoMaRe Technologies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10723076 . The registered office is New London House, 6 London Street, London, EC3R 7LP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Preparation of consolidated financial statements
The financial statements contain information about LoMaRe Technologies Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
2.2. Significant judgements and estimations
The preparation of the financial statements requires management to exercise judgement and make estimates and assumptions that impact the amounts reported. These estimates and judgements are reviewed regularly and are based on historical experience, current circumstances, and reasonable expectations of future events.
In preparing these financial statements, the directors have made the following key judgements:
- Evaluated whether indicators of impairment exist for the company's tangible assets, intangible assets, and investments in subsidiaries. This assessment considers factors such as financial viability and expected future performance.
- Determined which costs meet the criteria for capitalisation as intangible fixed asset additions.
- Assessed the appropriateness of the accounting policies applied to turnover recognition and measurement.
2.3. Turnover
Turnover is recognised the the extent that is it probable the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of consideration received or receivable, excluding discounts, rebates, valued added tax and other sales taxes.
Turnover is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of the turnover can be reliably measured;
- it is probable that the company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be reliably measured.
2.4. Research and Development
Development costs are recognised as an intangible asset when all of the following criteria are demonstrated:
- The technical feasibility of completing the software so that it will be available for use or sale.
- The intention to and use or sell it.
- The ability to use or to sell it.
- How the asset will generate probable future economic benefits.
- The availability of adequate technical, financial and other resources to complete the development and to use or sell the asset.
- The ability to measure reliably the expenditure attributable to the asset during its development.
Following initial recognition of the development expenditure as an asset the cost model is applied, requiring the asset to be carried at cost less any accumulated amortisation and accumulated impairment losses.
Amortisation of the asset begins when development is complete and the asset is available for use. It is amortised evenly over the period of expected future benefit of 20 years, in line with the related patents held by the company. During the period of development the asset is tested for impairment annually.
Research expenditure is written off as incurred.
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LoMaRe Technologies Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.5. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets relate to patent application costs, which include legal and other directly attributable costs incurred in securing patents. Costs are initially recognised as prepayments on the balance sheet until such time as the related patent is granted. Upon the grant of a patent, the total costs are reclassified as intangible fixed assets and are amortised over the useful life of the patent, which is 20 years from the date of grant. The amortisation is charged to the income statement on a straight-line basis over this period.
If a patent application is unsuccessful or abandoned, the related costs are immediately expensed in the income statement.
2.6. Tangible Fixed Assets and Depreciation
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:

Computer Equipment | straight line over 3 years

2.7. Financial Instruments
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 statement of financial position 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
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.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.
Classification of financial liabilities
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
Basic financial liabilities, including creditors, 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.
2.8. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
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LoMaRe Technologies Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.9. Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.10. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2.11. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
2.12. Investments
Investments in subsidiary and associated undertakings are recognised at cost less impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 11)
9 11
4. Intangible Assets

| Development Costs | Intellectual Property | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 January 2025 | 2,221,035 | 309,496 | 2,530,531
Additions | 1,151,403 | 19,243 | 1,170,646
As at 31 December 2025 | 3,372,438 | 328,739 | 3,701,177
Amortisation
As at 1 January 2025 | 164,107 | 46,186 | 210,293
Provided during the period | 168,622 | 4,457 | 173,079
As at 31 December 2025 | 332,729 | 50,643 | 383,372
Net Book Value
As at 31 December 2025 | 3,039,709 | 278,096 | 3,317,805
As at 1 January 2025 | 2,056,928 | 263,310 | 2,320,238

Page 5
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LoMaRe Technologies Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
5. Tangible Assets

| Plant & Machinery etc.
--- | ---
| £
Cost
As at 1 January 2025 | 60,858
Additions | 2,589
As at 31 December 2025 | 63,447
Depreciation
As at 1 January 2025 | 38,165
Provided during the period | 12,822
As at 31 December 2025 | 50,987
Net Book Value
As at 31 December 2025 | 12,460
As at 1 January 2025 | 22,693

6. Investments

| Other
--- | ---
| £
Cost or Valuation
As at 1 January 2025 | 660,000
As at 31 December 2025 | 660,000
Provision
As at 1 January 2025 | -
As at 31 December 2025 | -
Net Book Value
As at 31 December 2025 | 660,000
As at 1 January 2025 | 660,000

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:
LoMaRe Chip Technology Changzhou Co., Ltd
Registered office: No 400 Hanjiang Road, Xinbei District, Changzhou City, Jiangsu Province, China.
Nature of business: Commercialisation of scientific innovation
Class of shares: Ordinary
Shareholding: 44%
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 183,616 |  | 259,006

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LoMaRe Technologies Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | 86,372 |  | 773,534
Taxation and social security | - |  | 14,608
| 86,372 |  | 788,142

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Accruals and deferred income | 152,323 |  | 161,843

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 10 |  | 10

11. Related Party Transactions
During the year the company invoiced £1,848,304 (2024: £1,200,000) to LoMaRe Chip Technology Changzhou Co., Ltd, an associated entity, for research and development services.
At the balance sheet date an amount of £nil (2024: £nil) was owed between the entities.
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