GMV NOMINEES LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10068746

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		3,440,000		3,915,000
Investments	5		3,445,419		3,445,419

			6,885,419		7,360,419
CURRENT ASSETS
Debtors	6	15,065,170		14,619,018
Cash at bank and in hand		200,293		88

		15,265,463		14,619,106
Creditors: Amounts Falling Due Within One Year	7	(754,500 )		(639,000 )

NET CURRENT ASSETS (LIABILITIES)			14,510,963		13,980,106

TOTAL ASSETS LESS CURRENT LIABILITIES			21,396,382		21,340,525

Creditors: Amounts Falling Due After More Than One Year	8		(18,026,683 )		(17,495,683 )

NET ASSETS			3,369,699		3,844,842

CAPITAL AND RESERVES
Called up share capital	9		10		10
Revaluation reserve	10		4,950,000		4,950,000
Profit and Loss Account			(1,580,311 )		(1,105,168 )

SHAREHOLDERS' FUNDS			3,369,699		3,844,842

Page 1

Page 2

GMV NOMINEES LTD

Balance Sheet (continued)

As At 31 December 2024

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

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

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Jasper Smith

Director

02/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

GMV NOMINEES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10068746 . The registered office is Aberdeen House , South Road, Haywards Heath , West Sussex , RH16 4NG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are software and web 3 technology developments.It is amortised to profit and loss account over its estimated economic life of 5 years.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	4,922,550

As at 31 December 2024	4,922,550

Amortisation
As at 1 January 2024	1,007,550
Provided during the period	475,000

As at 31 December 2024	1,482,550

Net Book Value
As at 31 December 2024	3,440,000

As at 1 January 2024	3,915,000

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 January 2024	3,445,419

As at 31 December 2024	3,445,419

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	3,445,419

As at 1 January 2024	3,445,419

Page 3

Page 4

GMV NOMINEES LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	3,864,249	3,161,249
Due after more than one year
Other debtors	11,200,921	11,457,769

	15,065,170	14,619,018

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	165,000	155,000
Accruals and deferred income	589,500	484,000

	754,500	639,000

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other creditors	14,916,237	14,916,237
Accruals and deferred income	2,946,937	2,415,937
Directors loan account	163,509	163,509

	18,026,683	17,495,683

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	10	10

10. Reserves

	Revaluation Reserve
	£
As at 1 January 2024	4,950,000

As at 31 December 2024	4,950,000