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Company No: 08757407 (England and Wales)

# MEDIACLE LIMITED

### Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

MEDIACLE LIMITED

## Financial Statements

For the financial year ended 31 December 2025

Contents

MEDIACLE LIMITED

## COMPANY INFORMATION

For the financial year ended 31 December 2025
MEDIACLE LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 December 2025

DIRECTOR | Mr Santosh Jain

REGISTERED OFFICE | 16 Upper Woburn Place
| London
| WC1H 0BS
| United Kingdom

COMPANY NUMBER | 08757407 (England and Wales)

AUDITOR | Hazlewoods LLP
| Statutory Auditor
| Windsor House
| Bayshill Road
| Cheltenham
| GL50 3AT

MEDIACLE LIMITED

## BALANCE SHEET

As at 31 December 2025
MEDIACLE LIMITED

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 31.12.2025 |  | 31.12.2024
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 364,011 |  | 386,834
Tangible assets | 4 | 0 |  | 371
Investments | 5 | 5,858,440 |  | 4,823,673
|  | 6,222,451 |  | 5,210,878
Current assets |  |  |  |
Debtors | 6 | 1,658,586 |  | 430,376
Cash at bank and in hand | 7 | 3,079,314 |  | 5,947,201
|  | 4,737,900 |  | 6,377,577
Creditors: amounts falling due within one year | 8 | ( 228,393) |  | ( 850,485)
Net current assets |  | 4,509,507 |  | 5,527,092
Total assets less current liabilities |  | 10,731,958 |  | 10,737,970
Net assets |  | 10,731,958 |  | 10,737,970
Capital and reserves |  |  |  |
Called-up share capital | 9 | 10 |  | 10
Fair value reserve |  | 229,984 |  | 236,159
Profit and loss account |  | 10,501,964 |  | 10,501,801
Total shareholder's funds |  | 10,731,958 |  | 10,737,970

The 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 Mediacle Limited (registered number: 08757407) were approved and authorised for issue by the Director on 20 August 2026. They were signed on its behalf by:

Mr Santosh Jain Director |

MEDIACLE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
MEDIACLE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

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

##### General information and basis of accounting

Mediacle Limited (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 16 Upper Woburn Place, London, WC1H 0BS, 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 director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has 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.

##### Foreign currency

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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

##### Taxation

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

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs | 10 years straight line
Other intangible assets | 10 years straight line

###### Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment | 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Investments in Subsidiaries

Investments are stated at cost less any provision for impairment. Investment in LLP's, where control is held, are treated
as subsidiary undertakings.

##### Other investments - Convertible Loan Notes

Convertible loan notes are classified as non-basic financial instruments. initially recognised at fair value, with
subsequent fair value (and any related foreign-exchange) movements recognised in profit or loss. Any coupon interest
is recognised in profit or loss as it accrues. On conversion, the carrying amount is reclassified to investments with no
gain or loss; on redemption/disposal, any gain or loss is recognised in profit or loss.

##### Intangible fixed assets - Digital Assets

The Company holds Digital Assets equal to the amount due to holders of Digital Securities solely for the purposes of
meeting its obligations under the Digital Securities. Digital Assets are priced on a daily basis based on the amount of
the Digital Assets held using the relevant Quoted Price, and is considered to be the fair value of the Digital Assets.
Digital Assets are included at cost less accumulated amortisation. Subsequent measurement is carried out using the
revaluation model.

#### 2. Employees

| 31.12.2025 |  | 31.12.2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 3. Intangible assets

| Website costs |  | Other intangible assets |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 January 2025 | 70,000 |  | 388,359 |  | 458,359
Additions | 0 |  | 201,550 |  | 201,550
Revaluations | 0 |  | ( 6,175) |  | ( 6,175)
Disposals | 0 |  | ( 178,713) |  | ( 178,713)
At 31 December 2025 | 70,000 |  | 405,021 |  | 475,021
Accumulated amortisation |  |  |  |  |
At 01 January 2025 | 21,000 |  | 50,525 |  | 71,525
Charge for the financial year | 7,000 |  | 32,485 |  | 39,485
At 31 December 2025 | 28,000 |  | 83,010 |  | 111,010
Net book value |  |  |  |  |
At 31 December 2025 | 42,000 |  | 322,011 |  | 364,011
At 31 December 2024 | 49,000 |  | 337,834 |  | 386,834

#### 4. Tangible assets

| Computer equipment |  | Total
| £ |  | £
Cost |  |  |
At 01 January 2025 | 3,173 |  | 3,173
Disposals | ( 3,173) |  | ( 3,173)
At 31 December 2025 | 0 |  | 0
Accumulated depreciation |  |  |
At 01 January 2025 | 2,802 |  | 2,802
Charge for the financial year | 74 |  | 74
Disposals | ( 2,876) |  | ( 2,876)
At 31 December 2025 | 0 |  | 0
Net book value |  |  |
At 31 December 2025 | 0 |  | 0
At 31 December 2024 | 371 |  | 371

#### 5. Fixed asset investments

Investments in subsidiaries

| 31.12.2025
| £
Cost |
At 01 January 2025 | 2,479,428
Additions | 1,309,811
At 31 December 2025 | 3,789,239
Carrying value at 31 December 2025 | 3,789,239
Carrying value at 31 December 2024 | 2,479,428

Mediacle Technologies LLP
Registered office: india
Nature of business: Website Design/Development
Class of shares: LLP Member
Holding (%): 99.99
Consolidated financial statements:
The Company is a parent company and has not prepared consolidated financial statements. The Company is exempt from the requirement to prepare group accounts under section 399 of the Companies Act 2006 on the grounds that it qualifies as a small company and is subject to the small companies regime.
Accordingly, these financial statements have been prepared as individual financial statements under FRS 102 Section 1A and do not include the results or net assets of its subsidiary undertaking.

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 January 2025 | 2,344,245 |  | 2,344,245
FX difference | ( 275,044) |  | ( 275,044)
At 31 December 2025 | 2,069,201 |  | 2,069,201
Carrying value at 31 December 2025 | 2,069,201 |  | 2,069,201
Carrying value at 31 December 2024 | 2,344,245 |  | 2,344,245

#### 6. Debtors

| 31.12.2025 |  | 31.12.2024
| £ |  | £
Trade debtors | 451,510 |  | 75,392
Amounts owed by Group undertakings | 800,081 |  | 0
Other debtors | 406,995 |  | 354,984
| 1,658,586 |  | 430,376

#### 7. Cash and cash equivalents

| 31.12.2025 |  | 31.12.2024
| £ |  | £
Cash at bank and in hand | 3,079,314 |  | 5,947,201

#### 8. Creditors: amounts falling due within one year

| 31.12.2025 |  | 31.12.2024
| £ |  | £
Trade creditors | 109,047 |  | 651,813
Taxation and social security | 29,245 |  | 103,411
Other creditors | 90,101 |  | 95,261
| 228,393 |  | 850,485

#### 9. Called-up share capital

| 31.12.2025 |  | 31.12.2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
10 Ordinary shares of £ 1.00 each | 10 |  | 10

#### 10. Audit Opinion

The auditor's report on the accounts for the financial year ended 31 December 2025 was unqualified.

The audit report was signed by Joanne Hartness on behalf of Hazlewoods LLP.

#### 11. Ultimate controlling party

Parent Company:

The Company’s immediate and ultimate holding company is Mediacal Group AB (publ), a public limited company incorporated under the laws of Sweden, with its registered office at PO Box 16416, 10 327 Stockholm, Sweden.