REGISTERED NUMBER: 14318431 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

FOR

ACUSENSUS UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Jannink

G Collins

SECRETARY:

J C Rowe

REGISTERED OFFICE:

10 John Street

London

United Kingdom

WC1N 2EB

REGISTERED NUMBER:

14318431 (England and Wales)

AUDITORS:

Oury Clark Chartered Accountants

Statutory Auditors

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Tangible assets

4

590,795

600,254

CURRENT ASSETS

Debtors

5

121,143

46,644

Cash at bank

82,133

49,482

203,276

96,126

CREDITORS

Amounts falling due within one year

6

1,288,866

1,203,371

NET CURRENT LIABILITIES

(1,085,590

)

(1,107,245

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(494,795

)

(506,991

)

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

(494,796

)

(506,992

)

SHAREHOLDERS' FUNDS

(494,795

)

(506,991

)

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2026 and were signed on its behalf by:

A Jannink - Director

1.	STATUTORY INFORMATION

Acusensus UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis after consideration by the directors as to the appropriateness of this basis. The company's ultimate parent company has confirmed they will continue to support the company as required for a period in excess of twelve months and one day from the signing of the audit report.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover from an agreement to provide services is recognised over time as the services are rendered based on a daily rate. Turnover is measured at the fair value of the consideration receivable excluding discounts and value added tax.

Additionally, the Company recognises transfer pricing revenue in respect of the business development, sales and delivery services provided to the Group. These transactions are governed by a transfer pricing agreement, which ensures that the Company achieves a predetermined operating margin on its revenue from non-group customers.

Tangible fixed assets

Tangible fixed assets are initially measured at cost net of value added tax and are reviewed annually for signs of impairment. Depreciation is calculated on a straight-line basis to write off the cost of each item of plant and equipment over their expected useful lives as follows:

Computer & office equipment

-Straight line over 3 years

Transportable equipment

-Straight line over 5 years

Trailer bases

-Straight line over 7 years

Taxation

Taxation for the year 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Foreign currencies

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

Pension costs and other post-retirement benefits

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.

Financial instruments

Basic Financial Instruments, as covered by Section 11 of FRS 102, are measured at amortised cost. The company does not have any Other Financial Instruments, as covered by Section 12 of FRS 102.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share-based payments

Share-based payment transactions are awards of shares, share options or performance rights that are provided to employees in exchange for the rendering of services.

The cost of share-based payment transactions is measured at fair value at the grant date. Fair value is determined using either a Black-Scholes valuation model or, for awards subject to market-based performance conditions, a Monte Carlo simulation model. The valuation methods take into account the exercise price (where applicable), the term of the award, the share price at the grant date, expected price volatility of the underlying share, expected dividend yield, risk-free interest rate and expected vesting period. Market-based vesting conditions are reflected in the grant date fair value of the award. Non-market vesting conditions are not included in the grant date fair value measurement.

The cost of share-based payment transactions is recognised as an expense over the vesting period, together with a corresponding recognition of a liability. The cumulative charge recognised in profit or loss is based on the grant date fair value of the award, the best estimate of the number of awards expected to vest and the expired portion of the vesting period. The amount recognised in profit or loss for the period is the cumulative amount calculated at each reporting date less amounts already recognised in previous periods.

At each reporting date, the Company revises its estimate of the number of awards expected to vest based on the expected achievement of non-market vesting conditions and service conditions. The impact of any revision is recognised in profit or loss with a corresponding adjustment to liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2025

812,819

Additions

145,098

At 30 June 2026

957,917

DEPRECIATION

At 1 July 2025

212,565

Charge for year

154,557

At 30 June 2026

367,122

NET BOOK VALUE

At 30 June 2026

590,795

At 30 June 2025

600,254

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

As restated

£

£

Trade debtors

47,688

10,586

Amounts owed by group undertakings

873

-

Other debtors

72,582

36,058

121,143

46,644

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

As restated

£

£

Trade creditors

20,342

4,875

Amounts owed to group undertakings

1,121,315

1,123,425

Taxation and social security

31,312

-

Other creditors & accruals

115,897

75,071

1,288,866

1,203,371

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.6.26

30.6.25

As restated

£

£

Within one year

16,294

18,267

Between one and five years

8,646

24,940

24,940

43,207

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.26

30.6.25

value:

£

£

1

Ordinary

£1

1

1

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Emma Florentin-Lee (Senior Statutory Auditor)

for and on behalf of Oury Clark Chartered Accountants

We would like to draw your attention to the following statement contained within our audit report as included within the full financial statements:-

"Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed."

10.	SHARE-BASED PAYMENT TRANSACTIONS

The Company operates equity incentive plans under which employees may be granted share options and performance rights over ordinary shares in the ultimate parent company, Acusensus Limited.

Share options

Share options are granted for nil consideration and entitle the holder to acquire one ordinary share for each vested option on payment of the applicable exercise price. Options vest subject to continued employment and the achievement of specified performance and vesting conditions. Unvested options lapse if the relevant vesting conditions are not satisfied.

The fair value of share options is measured at the grant date and determined using the Black-Scholes valuation model.

Performance rights

Performance rights are granted for nil consideration and vest subject to continued employment and the achievement of specified performance and vesting conditions. Each vested performance right entitles the holder to receive one ordinary share. Unvested performance rights lapse if the relevant vesting conditions are not satisfied. Awards are generally subject to both market and non-market performance conditions and typically vest over one, two, and three year periods.

The fair value of awards is measured at the grant date. For awards subject to market conditions, fair value is determined using a Monte Carlo simulation option pricing model. Non-market performance conditions are not included in the grant-date fair value. Instead, the number of awards expected to vest is adjusted over time based on the expected and actual achievement of those conditions. The fair value of awards subject to non-market performance conditions is determined using the Black-Scholes valuation model.

Key assumptions used in both valuation models include the grant date share price, expected volatility, risk-free interest rate, expected dividend yield and expected vesting period.

The following table summarises the number and weighted average exercise prices of the options and performance rights during the year:

Item

Number

Weighted average exercise price (AUD$

)

Outstanding at the beginning of the period

228,783

0.36

Granted during the year

92,679

NIL

Forfeited/cancelled during the period

-

-

Exercised during the period

(77,302

)

0.54

Expired during the period

-

-

Outstanding at the end of the period

244,160

0.17

Exercisable at the end of the period

19,854

NIL

The total expense recognised in profit or loss for the period was £34,611 (2025: £25,637).

The total year end liabilities arising from share-based payment arrangements were £72,275 (2025: £37,664).

11.	PRIOR YEAR ADJUSTMENTS

During the year, the Company identified that amounts relating to employee share options had previously been incorrectly recognised within the share option reserve in equity. The amounts should have instead been recognised through the intercompany balance with the parent company. The error has been corrected retrospectively in accordance with FRS 102 Section 10, resulting in a restatement of the prior year comparative figures and opening reserves.

The impact of the adjustment is as follows:

£

Decrease in share option reserve

37,664

Increase in intercompany creditor

(37,664

)

There is no impact on the Company's profit or loss or tax position as a result of this adjustment.

12.	ULTIMATE PARENT COMPANY

Acusensus Limited, a company incorporated in Australia and listed on the Australian Securities Exchange (ASX), is the ultimate parent company.

Acusensus Limited prepares consolidated financial statements that are publicly available. These are available upon request from Level 1/31 Queen Street, Melbourne, Victoria 3000, Australia.

13.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.