REGISTERED NUMBER: 09760868 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

FX CAPITAL MA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D J Beckerleg

REGISTERED OFFICE:

c/o CBHC Ltd, Steeple House

Suite 3, First Floor

Church Lane

Chelmsford

Essex

CM1 1NH

REGISTERED NUMBER:

09760868 (England and Wales)

AUDITORS:

CBHC (Audit) Ltd

Suite 3, Steeple House

Church Lane

Chelmsford

Essex

CM1 1NH

CURRENT ASSETS

Debtors

4

261

100

Cash at bank

19

19

280

119

CREDITORS

Amounts falling due within one year

5

(823,799

)

(732,645

)

NET CURRENT LIABILITIES

(823,519

)

(732,526

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(823,519

)

(732,526

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(823,619

)

(732,626

)

SHAREHOLDERS' FUNDS

(823,519

)

(732,526

)

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 director and authorised for issue on 24th September 2025 and were signed by:

D J Beckerleg - Director

1.	STATUTORY INFORMATION

FX Capital MA 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.

Significant judgements and estimates

The preparation of financial statements requires management to make judgements, estimates and assumptions that effect the amounts reported for assets and liability as at the Statement of Financial Position date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. On this background, the directors consider there to be no judgements made that have a material effect on the balances held at the Statement of Financial Position date.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-putative ordinary shares.

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.

Going concern

The company has reported an operating loss (after tax) for the year of £90,993 (2023: £93,870). There is also a net liabilities position on the balance sheet amounting to £823,519 (2023: £732,226)

These financial circumstances cast doubt upon the company's ability to continue as a going concern. Considering the continued support of the director and ultimate group owner and the support of other connected and group entities, the director is satisfied that the company has adequate financial resources to continue as a going concern. If support were withdrawn, it is unlikely that the company would be able to continue as a going concern.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortized cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash in represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

100

100

Other debtors

161

-

261

100

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

818,699

727,545

Other creditors

5,100

5,100

823,799

732,645

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

The Report of the Auditors was unqualified.

Peter Sartain FCCA (Senior Statutory Auditor)

for and on behalf of CBHC (Audit) Ltd

We draw attention to Note 2 in the financial statements, which indicates that the company incurred a net loss of £94,170 during the year ended 31 December 2023 and, as of that date, the company’s current liabilities exceeded its total assets by £732,626.

As stated in Note 2 these events or conditions, along with other matters as set forth in Note 2, indicate that a material uncertainty exists that may cast significant doubt on the company’s ability to continue as a going concern. Our opinion is not modified in respect of this matter.

7.	RELATED PARTY DISCLOSURES

The company is a 100% owned subsidiary of Knowledge to Action (Holdings) Limited, a company registered in England and Wales. In addition the company is related to the following fellow subsidiaries:

Live Trading Floor Limited (registered in England and Wales)

Investment Marketing Solutions Limited (registered in England and Wales)

Learn to Trade Pty Limited (formerly Knowledge to Action Pty Limited, registered in Australia)

Learn to Trade Limited (registered in England and Wales)

FX Capital MA Limited (registered in England and Wales)

In addition to the above, the director of the company G Secker was a related party to the company.

Learn to Trade Pty Limited (registered in South Africa) is a company under common control.

The Greg Secker Foundation (formerly The Knowledge to Action Foundation, registered in England and Wales), K2AF Trading Limited (registered in England and Wales), Learn to Trade International Holdings (registered in Cyprus) and Smart Charts (Malta) were all under the common control of G Secker.

Global Success Summits Limited (registered in England and Wales), EMC Events (registered in England and Wales), and Learn to Trade Limited were both under common ownership and control of G Secker. Learn Trading LLP (registered in England and Wales) is under common ownership and control of G Secker, and Knowledge to Action Ltd is a corporate member of the LLP.

Included in debtors are the following balances that are owed from related parties.

2024

2023

£

£

Knowledge to Action (Holdings) Limited

100

100

100

100

Included in creditors is the following balance owed by the company to the related party.

2024

2023

£

£

Knowledge to Action Limited

818,699

727,545

818,699

727,545

The director of the company invoiced FX Capital MA Limited £74,728 for consultancy services in the year.

Consolidated accounts have been prepared by the parent company, Knowledge to Action (Holdings) Limited. Registered office - Suite 3, Steeple House, Church Lane, Chelmsford, CM1 1NH..