REGISTERED NUMBER: 02026765 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

GENSCAPE UK LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J C Liu

Mr C D Grieve

SECRETARY:

Mr A D Ramage

REGISTERED OFFICE:

Level 4, Dashwood House

69 Old Broad Street

London

EC2M 1QS

REGISTERED NUMBER:

02026765 (England and Wales)

AUDITORS:

Shaw Gibbs (Audit) Limited

Statutory Auditor

Fleming Court

Leigh Road

Eastleigh

Southampton

Hampshire

SO50 9PD

CURRENT ASSETS

Debtors

5

1,121,655

911,394

Cash at bank

167,504

195,084

1,289,159

1,106,478

CREDITORS

Amounts falling due within one year

6

514,482

346,284

NET CURRENT ASSETS

774,677

760,194

TOTAL ASSETS LESS CURRENT LIABILITIES

774,677

760,194

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

774,577

760,094

SHAREHOLDERS' FUNDS

774,677

760,194

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 23 September 2026 and were signed on its behalf by:

Mr C D Grieve - Director

1.	STATUTORY INFORMATION

Genscape 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

As disclosed as a post balance sheet event in note 11, the directors have decided to cease the trading of the company in 2026 and as a result the financial statements have not been prepared on the going concern basis and instead have been prepared on the break-up basis. Appropriate adjustments to these accounts have been made as a result of this change in basis of preparation.

The current reporting period is for the year to 31 December 2025. The comparative reporting period was for the 15 months to 31 December 2024 and was extended to align with wider group reporting requirements. Therefore, the current and prior period financial statements are not entirely comparable

Turnover

The company has in place an intercompany charging agreement with its parent company Genscape International Inc, under which it recognises income receivable on a cost plus basis.

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 statement of financial position date.

Deferred tax

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 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 statement of financial position 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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

1,119,285

908,921

Other debtors

2,370

2,473

1,121,655

911,394

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

7,091

6,990

Amounts owed to group undertakings

496,261

313,204

Other creditors

11,130

26,090

514,482

346,284

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

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

The Report of the Auditors was unqualified.

We draw attention to note 3 and note 11 to the financial statements which explains that the directors have decided to cease the trading operations of the entity in 2026 therefore do not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in note 3. Our opinion is not modified in respect of this matter.

Neil Raynsford (Senior Statutory Auditor)

for and on behalf of Shaw Gibbs (Audit) Limited

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with group companies where any subsidiary that is a party to the transaction is wholly owned within the group or where transactions have been undertaken under normal market conditions.

10.	POST BALANCE SHEET EVENTS

On 22nd May 2026, Andrew Ramage (secretary) informed the auditors of the directors' intention to either strike-off or liquidate Genscape UK Limited within 2026. As such, the financial statements have been produced on the break-up basis.

11.	PARENT / SUBSIDIARY RELATIONS

The ultimate parent company is now Planet TopCo LP, a holding company registered in Delaware in the United States of America.

The largest group which includes the company and for which group financial statements are prepared, was headed by Planet Holdco 2 Limited, whose principal place of business is 2nd Floor, Sir Walter Raleigh House, 48-50 Esplanade. St. Helier, Jersey, JE2 3QB.

Genscape International Inc. (incorporated in USA) is the parent company of Genscape UK Ltd with its registered office located at 1140 Garvin Place, Louisville, Kentucky, 40203, USA. The results of Genscape UK Ltd are consolidated into group accounts that are headed by Planet Holdco 2 Limited.