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REGISTERED NUMBER: 14803365 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2024 TO 31 DECEMBER 2024

FOR

MATCH GROUP HOLDINGS LTD

MATCH GROUP HOLDINGS LTD (REGISTERED NUMBER: 14803365)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 May 2024 to 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MATCH GROUP HOLDINGS LTD

COMPANY INFORMATION
for the Period 1 May 2024 to 31 December 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
31 December 2024

31.12.24 30.4.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 230,800 204,193
Investments 5 27,324,964 27,325,043
27,555,764 27,529,236

CURRENT ASSETS
Debtors 6 416,455 2,714,517
Cash at bank 3,092,260 550,703
3,508,715 3,265,220
CREDITORS
Amounts falling due within one year 7 54,243 4,190,220
NET CURRENT ASSETS/(LIABILITIES) 3,454,472 (925,000 )
TOTAL ASSETS LESS CURRENT LIABILITIES 31,010,236 26,604,236

CREDITORS
Amounts falling due after more than one year 8 32,423,199 27,324,964
NET LIABILITIES (1,412,963 ) (720,728 )

CAPITAL AND RESERVES
Called up share capital 10 100,000 100,000
Retained earnings (1,512,963 ) (820,728 )
SHAREHOLDERS' FUNDS (1,412,963 ) (720,728 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

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 18 May 2025 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 1 May 2024 to 31 December 2024


1. STATUTORY INFORMATION

Match Group Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 14803365 . The company's registered office and principal place of business is 50 Alderley Road, Wilmslow, SK9 1NY.

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 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.

The reporting periods are also not directly comparable as the current period is for 8 months and the previous year is for a full financial year.

Preparation of consolidated financial statements
The financial statements contain information about Match Group Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 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.


MATCH GROUP HOLDINGS LTD (REGISTERED NUMBER: 14803365)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 May 2024 to 31 December 2024


2. ACCOUNTING POLICIES - continued
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.

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.

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 2 (2024 - 8 ) .

4. TANGIBLE FIXED ASSETS
Long Computer
leasehold equipment Totals
£    £    £   
COST
At 1 May 2024 207,425 42,857 250,282
Additions 67,096 4,717 71,813
At 31 December 2024 274,521 47,574 322,095
DEPRECIATION
At 1 May 2024 41,485 4,603 46,088
Charge for period 35,351 9,856 45,207
At 31 December 2024 76,836 14,459 91,295
NET BOOK VALUE
At 31 December 2024 197,685 33,115 230,800
At 30 April 2024 165,940 38,254 204,194

MATCH GROUP HOLDINGS LTD (REGISTERED NUMBER: 14803365)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 May 2024 to 31 December 2024


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2024 27,325,043
Disposals (79 )
At 31 December 2024 27,324,964
NET BOOK VALUE
At 31 December 2024 27,324,964
At 30 April 2024 27,325,043

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 30.4.24
£    £   
Trade debtors 41,722 3,495
Amounts owed by group undertakings 135,826 2,274,285
Other debtors 238,907 436,737
416,455 2,714,517

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 30.4.24
£    £   
Trade creditors 49,593 786,109
Other creditors 4,650 3,404,111
54,243 4,190,220

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 30.4.24
£    £   
Amounts owed to group undertakings 3,940,833 -
Other creditors 28,482,366 27,324,964
32,423,199 27,324,964

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 30.4.24
£    £   
Within one year 86,000 -
Between one and five years 172,000 371,708
258,000 371,708

MATCH GROUP HOLDINGS LTD (REGISTERED NUMBER: 14803365)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 May 2024 to 31 December 2024


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 30.4.24
value: £    £   
100,000 Ordinary 1 100,000 100,000

11. RELATED PARTY DISCLOSURES

Included in other creditors is a loan owed to the Director of £27,290,183 (Apr 2024: £30,625,964) and interest charged during the period of £997,026 (April 2024: Nil). This loan has interest charged at 5.25% per annum and is repayable on demand.

Included in other creditors, are amounts owed to companies under common control of £1,192,183 (Apr 2024: £Nil) and interest charged during the period of £ 26,492 (April 2024: Nil).This loan has interest charged at 5.25% per annum and is repayable on demand.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J Byrom, by virtue of his controlling interest in the company.

The parent company of the largest and smallest group is Match Group Holdings Ltd incorporated in England and Wales whose registered office is 50 Alderley Road, Wilmslow, SK9 1NY.