REGISTERED NUMBER: 07681197 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ASSET MATCH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S J Lucas

I Baillie

M Barker

REGISTERED OFFICE:

New Broad Street House

35 New Broad Street

London

EC2M 1NH

REGISTERED NUMBER:

07681197 (England and Wales)

AUDITORS:

CBHC (Audit) Ltd

Suite 3, Steeple House

Church Lane

Chelmsford

Essex

CM1 1NH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

105,924

29,421

Investments

6

29,990

29,990

135,914

59,411

CURRENT ASSETS

Debtors

7

51,814

143,476

Cash at bank

477,946

472,974

529,760

616,450

CREDITORS

Amounts falling due within one year

8

319,141

212,189

NET CURRENT ASSETS

210,619

404,261

TOTAL ASSETS LESS CURRENT LIABILITIES

346,533

463,672

CREDITORS

Amounts falling due after more than one year

9

108,022

100,000

NET ASSETS

238,511

363,672

CAPITAL AND RESERVES

Called up share capital

10

232

232

Share premium

3,572,601

3,572,601

Retained earnings

(3,334,322

)

(3,209,161

)

SHAREHOLDERS' FUNDS

238,511

363,672

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 10 September 2025 and were signed on its behalf by:

M Barker - Director

1.	STATUTORY INFORMATION

Asset Match 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.	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 company continues to invest in development and expects to continue to make a profit. The directors confirm that they will continue to support the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible fixed assets

The company purchased a licence to operate the share trading platform. This licence is to be amortised on a straight line basis over 5 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 20% on cost

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 balance sheet date.

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 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.

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.

Investments

Investments comprise investments in unquoted equity instruments which are measured at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

100,000

AMORTISATION

At 1 January 2024

and 31 December 2024

100,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

341,430

Additions

98,128

Disposals

(537

)

At 31 December 2024

439,021

DEPRECIATION

At 1 January 2024

312,009

Charge for year

21,625

Eliminated on disposal

(537

)

At 31 December 2024

333,097

NET BOOK VALUE

At 31 December 2024

105,924

At 31 December 2023

29,421

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

29,990

NET BOOK VALUE

At 31 December 2024

29,990

At 31 December 2023

29,990

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

38,500

134,100

Other debtors

13,314

9,376

51,814

143,476

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade creditors

16,339

5,328

Taxation and social security

42,799

38,949

Other creditors

260,003

167,912

319,141

212,189

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Other creditors

108,022

100,000

10.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31/12/24

31/12/23

value:

£

£

2,323,421

Share capital 1

0.000

1

232

232

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

The Report of the Auditors was unqualified.

P Sartain (FCCA) (Senior Statutory Auditor)

for and on behalf of CBHC (Audit) Ltd

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed S Lucas £108,023 (2023: £100,000).

13.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

14.	ULTIMATE CONTROLLING PARTY

The company was under the control of the directors throughout the period.