European M Symbol Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07814200

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		51,036		57,924
Tangible Assets	5		99,898		160,707

			150,934		218,631
CURRENT ASSETS
Debtors	6	1,119		190
Cash at bank and in hand		-		58

		1,119		248
Creditors: Amounts Falling Due Within One Year	7	(91,388 )		(82,698 )

NET CURRENT ASSETS (LIABILITIES)			(90,269 )		(82,450 )

TOTAL ASSETS LESS CURRENT LIABILITIES			60,665		136,181

NET ASSETS			60,665		136,181

CAPITAL AND RESERVES
Called up share capital	8		2,905,123		2,905,123
Profit and Loss Account			(2,844,458 )		(2,768,942 )

SHAREHOLDERS' FUNDS			60,665		136,181

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European M Symbol Limited

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 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.

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 Franco Malenotti

Director

24/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

European M Symbol Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07814200 . The registered office is 4th Floor, 58-59 Great Marlborough Street,, London W1F 7JY.

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. Going Concern Disclosure

There are uncertainties relating to the company's ability to continue as a going concern. That is dependent on continuing support from the parent company, Manarin S.r.l.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangibel assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisatio and any accumulated impairement losses.

Patents and licences are being amortised evenly over their estimated useful life of six years.

2.4. Intangible Fixed Assets and Amortisation - Intellectual Property

Intellectual property assets are trademark. This is amortised to the the profit and loss account over its estimated economic life of 10 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% on cost

Classic Motorcycles showroom display - depreciation 0%

2.6. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Office and administration	1	1

	1	1

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European M Symbol Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Other	Intellectual Property	Total
	£	£	£
Cost
As at 1 January 2024	336,000	68,881	404,881

As at 31 December 2024	336,000	68,881	404,881

Amortisation
As at 1 January 2024	336,000	10,957	346,957
Provided during the period	-	6,888	6,888

As at 31 December 2024	336,000	17,845	353,845

Net Book Value
As at 31 December 2024	-	51,036	51,036

As at 1 January 2024	-	57,924	57,924

5. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	160,707	4,170	164,877
Disposals	(60,809 )	-	(60,809 )

As at 31 December 2024	99,898	4,170	104,068

Depreciation
As at 1 January 2024	-	4,170	4,170

As at 31 December 2024	-	4,170	4,170

Net Book Value
As at 31 December 2024	99,898	-	99,898

As at 1 January 2024	160,707	-	160,707

6. Debtors

	2024	2023
	£	£
Due within one year
VAT	1,119	120
Matchless London Ltd	-	70

	1,119	190

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European M Symbol Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Accruals and deferred income	3,200	5,843
Amounts owed to group undertakings-Manarin S.r.l.	88,188	76,855

	91,388	82,698

All balances owed to group undertakings were unsecured,interest free and repayable on demand. All of above are associated companies, under common control.

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2,905,123	2,905,123

9. Related Party Transactions

During the year, two used classic motorcycles with reported damage were sold to the company director. The first motorcycle originally cost €14,713 (£12,744) and was sold for £1,658. The second motorcycle originally cost €39,217 (£33,969) and was sold for £5,389. The company director is also a director of an assocated company, Manarin S.r.l, which is registered in Italy.

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