REGISTERED NUMBER: 10509321 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

VOX MEDIA INTERNATIONAL LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Macnew

B J Leung

REGISTERED OFFICE:

3rd Floor

1 Ashley Road

Altrincham

Cheshire

WA14 2DT

REGISTERED NUMBER:

10509321 (England and Wales)

SENIOR STATUTORY AUDITOR:

Gregg Olner MPhil BA (Hons) FCA

AUDITORS:

HB&O Ltd

Chartered Accountants and Statutory Auditor

Highdown House

11 Highdown Road

Leamington Spa

Warwickshire

CV31 1XT

FIXED ASSETS

Tangible assets

4

-

2,684

CURRENT ASSETS

Debtors

853,417

42,803

Cash at bank

46,637

265,905

900,054

308,708

CREDITORS

Amounts falling due within one year

572,023

303,181

NET CURRENT ASSETS

328,031

5,527

TOTAL ASSETS LESS CURRENT LIABILITIES

328,031

8,211

PROVISIONS FOR LIABILITIES

-

1,417

NET ASSETS

328,031

6,794

CAPITAL AND RESERVES

Called up share capital

5

127

127

Other reserves

2,574

2,574

Retained earnings

325,330

4,093

SHAREHOLDERS' FUNDS

328,031

6,794

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 September 2025 and were signed on its behalf by:

S Macnew - Director

1.	STATUTORY INFORMATION

Vox Media International 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.

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 principal accounting policies adopted in the preparation of the financial statements are set out below and remain unchanged from the previous period.

Going concern

The financial statements have been prepared on a going concern basis as there are no material uncertainties about the company's ability to continue its operations.The parent has also expressed its willingness to continue to support the company as necessary and will not call in any debts at the financial detriment of the Vox Media International Limited.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Tangible fixed assets

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

Fixtures & fittings

-

Straight line over 3 years

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into US Dollar at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into US Dollar at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

The rate used at 31 December 2024 was $1 : £0.7982 (2023 - $1 : £0.7845).

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Financial instruments

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Totals

$

COST

At 1 January 2024

and 31 December 2024

28,343

DEPRECIATION

At 1 January 2024

25,659

Charge for year

2,684

At 31 December 2024

28,343

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

2,684

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

$

$

100

Ordinary

$1.27

127

127

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

The Report of the Auditors was unqualified.

Gregg Olner MPhil BA (Hons) FCA (Senior Statutory Auditor)

for and on behalf of HB&O Ltd

7.	SHARE-BASED PAYMENT TRANSACTIONS

Certain employees of the company participate in the parent company's equity compensation plans. The plans are administered by the parent company's Board of Directors, which has the authority to determine which individuals are granted parent company's stock options awards. Upon exercise, the option awards are settled in shares of the parent company's common stock and cannot be settled in cash. The costs of this scheme are allocated to the parent company in order to match relevant expenditure and changes in equity.

A summary of stock option activity for company employees for the year ended 31 December 2024 is as follows:

Option shares

Weighted average exercise price

Outstanding at 1 January 2024

30,566

$ 5.55

Granted

-

-

Exercised

-

-

Forfeited or expired

(6,001

)

($ 6.04

)

Outstanding at 31 December 2024

24,565

$ 5.40

Exercisable at 31 December 2024

24,075

$ 5.32

8.	PARENT COMPANY

The immediate parent company is Vox Media LLC (a company incorporated in the United States of America).

Consolidated accounts are available from the following address:-

1701 Rhode Island Ave NW,

Washington, DC 20036

USA.