EYOTO GROUP LIMITED

Company Registration Number:
08816263 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

EYOTO GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

EYOTO GROUP LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 113,898 127,153
Tangible assets: 4 55,925 78,284
Total fixed assets: 169,823 205,437
Current assets
Stocks: 96,810 41,097
Debtors:   6,772,975 6,680,718
Cash at bank and in hand: 192,882 1,419,446
Total current assets: 7,062,667 8,141,261
Creditors: amounts falling due within one year: 5 (9,915,909) (7,787,478)
Net current assets (liabilities): (2,853,242) 353,783
Total assets less current liabilities: (2,683,419) 559,220
Creditors: amounts falling due after more than one year: 6 (10,000) (20,000)
Provision for liabilities: (5,516) (5,516)
Total net assets (liabilities): (2,698,935) 533,704
Capital and reserves
Called up share capital: 80,162 80,212
Share premium account: 15,800,275 15,810,225
Other reserves: 352,050 319,000
Profit and loss account: (18,931,422) (15,675,733)
Shareholders funds: (2,698,935) 533,704

The notes form part of these financial statements

EYOTO GROUP LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 August 2025
and signed on behalf of the board by:

Name: Mr S Collingridge
Status: Director

The notes form part of these financial statements

EYOTO GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EYOTO GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 24 29

EYOTO GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 140,408
At 31 December 2024 140,408
Amortisation
At 01 January 2024 13,255
Charge for year 13,255
At 31 December 2024 26,510
Net book value
At 31 December 2024 113,898
At 31 December 2023 127,153

EYOTO GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 329,986
Additions 34,099
At 31 December 2024 364,085
Depreciation
At 01 January 2024 251,702
Charge for year 56,458
At 31 December 2024 308,160
Net book value
At 31 December 2024 55,925
At 31 December 2023 78,284

EYOTO GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts £8,060,000 (2023: £6,560,000) Trade Creditors £96,006 (2023: £215,100) Social security and other taxes £43,873 (2023: £141,918) Other Creditors £1,716,030 (2023: £870,460)

EYOTO GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts £10,000 (2023: £20,0000)

EYOTO GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Related party transactions

Name of the related party:
Relationship:
Related companies
Description of the Transaction: Included within Debtors balances are amounts owed by related companies; Eyoto Inc £2,612,002 (2023: £2,381,919) Eyoto Ltd £4,036,435 (2023: £4,035,835)
£
Balance at 01 January 2024 6,417,754
Balance at 31 December 2024 6,648,437

EYOTO GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Post balance sheet events

A further convertible loan agreement has been agreed with the Directors after the year end for £1,750,000. The loan is secured by a fixed and floating charge and interest is charged at a rate of 12% per annum.