REGISTERED NUMBER: 14650871 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2025 TO 31 DECEMBER 2025

FOR

GLOBAL KINETICS UK CORPORATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

I Cenci

SECRETARY:

I Cenci

REGISTERED OFFICE:

Office 7 Floor 2

Export House Henry Plaza

Victoria Way

Woking

Surrey

GU21 6QX

REGISTERED NUMBER:

14650871 (England and Wales)

ACCOUNTANTS:

Magma Audit LLP (part of the Dains Group)

First Floor, Lakeside House

4 Smith Way

Grove Park

Leicester

Leicestershire

LE19 1SX

FIXED ASSETS

Tangible assets

4

2,170

744

CURRENT ASSETS

Debtors

5

240,927

335,720

Cash at bank

18,134

32,028

259,061

367,748

CREDITORS

Amounts falling due within one year

6

(483,590

)

(585,952

)

NET CURRENT LIABILITIES

(224,529

)

(218,204

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(222,359

)

(217,460

)

CREDITORS

Amounts falling due after more than one year

7

(117,691

)

-

NET LIABILITIES

(340,050

)

(217,460

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(340,150

)

(217,560

)

(340,050

)

(217,460

)

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2026 and were signed by:

I Cenci - Director

1.	STATUTORY INFORMATION

Global Kinetics Uk Corporation Limited is a limited company, registered in England and Wales. Its registered office address is Regus Building 2, Guildford Business Park, Guildford, England, GU2 8XG and the registered number is 14650871.

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 are presented in £ sterling and have been rounded to the nearest £1.

Going concern

At the year end the company had net current liabilities of £224,529 (June 2025: £218,204) and net liabilities of £340,050 (June 2025: £217,460). The directors have prepared the financial statements on a going concern basis, as the directors will ensure that the parent company will support the company financially and will make sufficient funds available to ensure the company can meet its debts as they fall due.

Turnover

Turnover is income from the marketing of goods and services associated with the measurement of parkinsons disease and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of goods

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services 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 revenue can be measured reliably;

- 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 measured reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical costs includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.

Computer Equipment

-

33.33% Straight Line

Fixtures & Fittings

-

20% Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Financial instruments

(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, 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.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other 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.

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

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.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2025

948

Additions

2,038

At 31 December 2025

2,986

DEPRECIATION

At 1 July 2025

204

Charge for period

612

At 31 December 2025

816

NET BOOK VALUE

At 31 December 2025

2,170

At 30 June 2025

744

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade debtors

223,500

320,632

Other debtors

17,427

15,088

240,927

335,720

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade creditors

56,547

14,484

Taxation and social security

56,682

79,464

Other creditors

370,361

492,004

483,590

585,952

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2025

£

£

Other creditors

117,691

-

8.	LEASING AGREEMENTS

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

2025

2025

£

£

Within one year

16,500

21,600

Between one and five years

-

9,000

16,500

30,600

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Empatica INC.

Empatica Inc country of incorporation is the USA.