CONDENSED CONSOLIDATED STATEMENT of CHANGES IN EQUITY

FOR THE six months ENDED 31 DECEMBER 2025

The accompanying notes on pages 8 to 14 form an integral part of the financial information

NOTES TO THE INTERIM REPORT

FOR THE six months ENDED 31 DECEMBER 2025

1.      Reporting Entity 

Lift Global Ventures Plc (the "Company") is a company domiciled in the United Kingdom. The condensed consolidated interim financial statements (the "Interim Financial Statements") as at and for the six months ended 31 December 2025 comprise the results of the Company and its subsidiary (together referred to as the "Group").

The Interim Financial Statements of the Group as at and for the period ended 30 June 2025 are available upon request from the Company's registered office at 6 Heddon Street, London, England, W1B 4BT or at www.liftgv.com. 

2.      BASIS OF PREPARATION

The Interim Financial Statements set out in this report is based on the consolidated financial information of the Group. The Interim Financial Statements of the Group for the 6 months ended 31 December 2025 was approved and authorised for issue by the Board on 31 March 2026.  The Interim Financial Statements have not been audited.

These Interim Financial Statements do not comprise statutory accounts within the meaning of section 434 of the Companies Act 2006. Statutory accounts for the year ended 30 June 2025 were approved by the board of directors on 15 November 2025 and delivered to the Registrar of Companies. The report of the auditors on those accounts was unqualified, did not contain an emphasis of matter paragraph and did not contain any statement under section 498 of the Companies Act 2006.

The Interim Financial Statements is presented in Pound Sterling and values are rounded to the nearest pound. 

The Interim Financial Statements for the six month ended 31 December 2025 has been prepared in accordance with the UK-adopted International Accounting Standard 34, 'Interim Financial Reporting'.

The Interim Financial Statements does not include all of the notes of the type normally included in an annual financial report. Accordingly, this report is to be read in conjunction with the annual report for the year ended 30 June 2025, which has been prepared in accordance with UK-adopted international accounting standards and the requirements of the Companies Act 2006, and any public announcements made by Lift Global Ventures Plc during the interim reporting period.

A number of new standards, amendments and became effective on 1 July 2025 and have been adopted by the Group. None of these standards have materially affected the Group.

3.      GOING CONCERN

Management has prepared a forecast covering 18 months post-period end and believe that current cash reserves together with liquid investments will adequately cover the working capital requirements of the Group.

As such, the Directors have a reasonable expectation that the Group has, and will have access to, adequate resources to continue in operational existence for the foreseeable future and, therefore, continue to adopt the going concern basis in preparing the financial statements.

4.      SEGMENTAL INFORMATION

The results reported for the Group's two reportable segments, Head Office and Financial PR, have been derived from the results of Lift Global Ventures Plc and Miriad Limited respectively, less any inter-company transactions. The total value of inter-company transactions in the period were £105,627 (2024: £43,645).

Management allocates costs associated with the provision of Financial PR services to the entity's Financial PR segment, plus a portion of administration expenses relative to the amount of time spent on administrative matters within this segment. The majority of administrative expenses occur in relation to the running and management of Lift Global Ventures Plc and are therefore allocated to the Head Office segment.

5.      EXPENSES BY NATURE

6.      Other LOSSES

7.      EARNINGS/(LOSS) PER SHARE

Given that the Group was loss making in the period to 31 December 2025 and 31 December 2024, these instruments have an anti-dilutive effect and therefore the Group has not presented a diluted loss per share.

8.      INTANGIBLE ASSETS

The intangible asset classes are:

-       Website is the value attributed to the build of Miriad's website.

-       Goodwill is the excess of the consideration transferred and the acquisition date fair value of any previous equity interest in the acquiree over the fair value of the net identifiable assets.

-       Customer relations is the value attributed to the key customer lists and relationships of Miriad.

9.      FAIR VALUE THROUGH PROFIT AND LOSS EQUITY INVESTMENTS

Fair value through profit and loss equity investments include the following:

The fair value of quoted securities is based on published market prices.

All assets and liabilities for which fair value is measured are categorised within the fair value hierarchy. The fair value hierarchy prioritises the inputs to valuation techniques used to measure fair value. The Group uses the following hierarchy for determining and disclosing the fair value of financial instruments and other assets and liabilities for which the fair value was used:

-              level 1: quoted prices in active markets for identical assets or liabilities;

-              level 2: inputs other than quoted prices included in level 1 that are observable for the asset or liability, either directly (as prices) or indirectly (derived from prices); and

-              level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs).

The following tables set forth, by level, equity investments measured at fair value on a recurring basis as at 31 December 2025, 30 June 2025 and 31 December 2024:

10.    financial assetS AND LIABILITIES AT fair value through profit and loss

Warrants over listed securities

During the year ending 30 June 2025, the Group acquired warrants over listed securities. In accordance with IFRS 9 Financial Instruments, the warrants are classified as financial assets and, together with associated financial liabilities, are measured at fair value through profit or loss (FVTPL). During the period ending 31 December 2025, these warrants over listed securities were exercised and the shares received had a fair value of £132,000 (Note 9).

Financial assets mandatorily measured at FVTPL include the following:

Financial liabilities mandatorily measured at FVTPL include the following:

Fair value considerations

The warrants over listed securities held are not actively traded on an exchange, however, the various inputs obtained for inclusion in the valuation model can derived from observable data, therefore the instruments have been classified within Level 2 of the fair value hierarchy.

All assets and liabilities for which fair value is measured are categorised within the fair value hierarchy. The fair value hierarchy prioritises the inputs to valuation techniques used to measure fair value. The Group uses the following hierarchy for determining and disclosing the fair value of financial instruments and other assets and liabilities for which the fair value was used:

•       Level 1: quoted prices in active markets for identical assets or liabilities;

•       Level 2: inputs other than quoted prices included in level 1 that are observable for the asset or liability, either directly (as prices) or indirectly (derived from prices); and

•       Level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs).

11.    Share capital

¹ On 14 November 2025, the Company issued 10,000,000 new Ordinary Shares at £0.01 per share. The shares were issued in consideration for the transfer of 86,956 shares in IntelliAM AI Plc, representing a non-cash transaction. The Company issued a further 1,000,000 new Ordinary Shares at £0.01 per share in lieu of fees.

12.    EVENTS AFTER THE REPORTING DATE

Subsequent to the period end, the Company reached a settlement with a former consultant in relation to a claim for commission. In light of this, the Company has recognised an accrual of £40,000 in the interim financial statements to reflect the settlement amount. This payable was classified as a financial liability as at 30 June 2025 (Note 10). The net impact of the settlement is noted in the Income Statement as a gain of £20,056.

On 30 March 2026, the Company announced that Saqib Ahmed Mir ceased to be Chief Executive Officer and Executive

Director of the Company effective from 30 March 2026. Mr Mir also ceased to be Chief Executive Officer and a director of

Miriad Limited, a wholly owned subsidiary of the Company, with effect from the same date.

As of 31 March 2026 the Trans-Africa Energy ("TAE") CLN has not been repaid and the Company is currently in discussions with TAE regarding repayment and/or potential restructuring of the loan. Further announcements will be made as appropriate.