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REGISTERED NUMBER: 14803365 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 14 APRIL 2023 TO 30 APRIL 2024

FOR

MATCH GROUP HOLDINGS LTD

MATCH GROUP HOLDINGS LTD (REGISTERED NUMBER: 14803365)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 14 April 2023 to 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MATCH GROUP HOLDINGS LTD

COMPANY INFORMATION
for the Period 14 April 2023 to 30 April 2024







DIRECTORS: Mr J Byrom
Mr J A Byrom





REGISTERED OFFICE: 50 Alderley Road
Wilmslow
SK9 1NY





REGISTERED NUMBER: 14803365 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

MATCH GROUP HOLDINGS LTD (REGISTERED NUMBER: 14803365)

BALANCE SHEET
30 April 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 204,193
Investments 5 27,325,043
27,529,236

CURRENT ASSETS
Debtors 6 2,714,517
Cash at bank 550,703
3,265,220
CREDITORS
Amounts falling due within one year 7 4,190,220
NET CURRENT LIABILITIES (925,000 )
TOTAL ASSETS LESS CURRENT LIABILITIES 26,604,236

CREDITORS
Amounts falling due after more than one year 8 27,324,964
NET LIABILITIES (720,728 )

CAPITAL AND RESERVES
Called up share capital 9 100,000
Retained earnings (820,728 )
SHAREHOLDERS' FUNDS (720,728 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MATCH GROUP HOLDINGS LTD (REGISTERED NUMBER: 14803365)

BALANCE SHEET - continued
30 April 2024


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 Board of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by:





Mr J Byrom - Director


MATCH GROUP HOLDINGS LTD (REGISTERED NUMBER: 14803365)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 14 April 2023 to 30 April 2024


1. STATUTORY INFORMATION

Match Group Holdings Ltd 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 concept of going concern is an underlying assumption in the production of financial statements. As there are considerable net liabilities there is a question mark over going concern. Although there is no formal agreement in place the directors have indicated they will continue to provide financial support to the company for at least the next 12 months.

Turnover
Turnover represents amounts recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax and trade discounts. Turnover principally consists of the supply of sports hospitality packages, which are recognised at the point of which the services are delivered and the event has passed.

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 cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets are charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Computer Equipment-33% on cost
Long Leasehold-20% on cost

At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items of tangible fixed assets have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.


MATCH GROUP HOLDINGS LTD (REGISTERED NUMBER: 14803365)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 14 April 2023 to 30 April 2024


2. ACCOUNTING POLICIES - continued
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 period 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.

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.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the
effective interest method, less impairment losses for bad and doubtful debts except where the effect of
discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for
bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash at bank
Cash and cash equivalents comprise cash at bank and in hand.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 .

4. TANGIBLE FIXED ASSETS
Long Computer
leasehold equipment Totals
£    £    £   
COST
Additions 207,425 42,857 250,282
At 30 April 2024 207,425 42,857 250,282
DEPRECIATION
Charge for period 41,485 4,604 46,089
At 30 April 2024 41,485 4,604 46,089
NET BOOK VALUE
At 30 April 2024 165,940 38,253 204,193

MATCH GROUP HOLDINGS LTD (REGISTERED NUMBER: 14803365)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 14 April 2023 to 30 April 2024


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 27,325,043
At 30 April 2024 27,325,043
NET BOOK VALUE
At 30 April 2024 27,325,043

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 3,495
Amounts owed by group undertakings 2,274,285
Other debtors 436,737
2,714,517

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 786,109
Other creditors 3,404,111
4,190,220

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Other creditors 27,324,964

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100,000 Ordinary 1 100,000

100,000 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

10. OTHER FINANCIAL COMMITMENTS

At the year end, the total operating lease commitments that are not shown on the balance sheet were £371,708.