REGISTERED NUMBER: 11830545 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

FUTURA MESSIS GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Dr I P Iliev

REGISTERED OFFICE:

C/O Thompson Taraz Rand

Suite 20, New Cambridge House

Bassingbourn Road

Litlington

Cambridgeshire

SG8 0SS

BUSINESS ADDRESS:

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

REGISTERED NUMBER:

11830545 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Investments

5

1,748,824

2,159,042

CURRENT ASSETS

Debtors

6

10,000

15,640

Cash and cash equivalents

5,250

5,250

15,250

20,890

CREDITORS

Amounts falling due within one year

7

(50,470

)

(50,470

)

NET CURRENT LIABILITIES

(35,220

)

(29,580

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,713,604

2,129,462

CAPITAL AND RESERVES

Called up share capital

8

110

110

Retained earnings

1,713,494

2,129,352

SHAREHOLDERS' FUNDS

1,713,604

2,129,462

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 25 September 2025 and were signed by:

Dr I P Iliev - Director

1.	STATUTORY INFORMATION

Futura Messis Group Ltd 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Taxation

Taxation for the year 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.

Investment in associates

Investments in associates are initially measured at transaction price and where publicly

traded or whose fair value can otherwise be measured reliably, are subsequently measured at fair value at the balance sheet date with changes in fair value recognised in profit or loss. Where these conditions are not met the investment is measured at cost less impairment.

4.	EMPLOYEES AND DIRECTORS

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

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2024

2,159,042

Revaluations

(410,218

)

At 31 December 2024

1,748,824

NET BOOK VALUE

At 31 December 2024

1,748,824

At 31 December 2023

2,159,042

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2020

(665,715

)

Valuation in 2021

1,889,172

Valuation in 2022

(560,050

)

Valuation in 2023

(843,337

)

Valuation in 2024

(410,218

)

Cost

2,338,972

1,748,824

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2024

2023

£

£

Cost

2,338,972

2,338,972

Fixed asset investments were valued on a fair value basis on 31 December 2024 by the director .

Fair value is based on the closing Alternative Investment Market (AIM) share price of 48.6p per ordinary share as at the close of trading for the shares of EMV Capital Group Ltd (formerly Net Scientific PLC) as at 31st December 2024.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

10,000

15,640

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

120

120

Amounts owed to group undertakings

50,000

50,000

Other creditors

350

350

50,470

50,470

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

11,000

Ordinary

1p

110

110

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Dr I P Iliev

Balance outstanding at start of year

5,640

-

Amounts advanced

-

19,410

Amounts repaid

-

(13,770

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

5,640

10.	RELATED PARTY DISCLOSURES

Included within other creditors is an amount of £50,000 (2023: £50,000) which is repayable on demand and bears no interest due from a subsidiary undertaking.

During the year under review the company advanced the director £5,640 (2023: £13,770). The balance outstanding at the balance sheet date is £5,640 and is repayable on demand and interest free.