Company No: 15413387 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.12.2024
		€
Current assets
Debtors	3	581
Investments	4	208,723
Cash at bank and in hand		121
		209,425
Creditors: amounts falling due within one year	5	( 221,116)
Net current liabilities		(11,691)
Total assets less current liabilities		(11,691)
Net liabilities		( 11,691)
Capital and reserves
Called-up share capital	6	117
Profit and loss account		( 11,808 )
Total shareholder's deficit		( 11,691)

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

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Invennion Ltd (registered number: 15413387) were approved and authorised for issue by the Board of Directors on 26 September 2025. They were signed on its behalf by:

Mr T Terenyi Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Invennion Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in EUR which is the functional currency of the Company and rounded to the nearest €.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of €11,691. The Company is supported through loans from the Parent Company. The directors have received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The company has shortened its accounting period to end on 31 December 2024 to align its financial year-end with that of its parent company.

Foreign currency

The company’s functional currency is GBP. The financial statements are presented in Euros. Transactions in currencies other than the functional currency are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are reported at the rates of exchange prevailing at the balance sheet date. For presentation purposes, assets and liabilities are translated into Euro at the closing rate at the balance sheet date, and income and expenses are translated at the exchange rates at the dates of the transactions. Exchange differences arising on translation to the presentation currency are recognised in other comprehensive income.

Interest income

Interest income is recognised over time based on the amount outstanding and the effective interest rate.

Dividend income

Dividend income is recognised when the company's right to receive payment has been established.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Investments
Current investments are initially recognised at cost, which includes transaction costs directly attributable to the acquisition. Publicly traded investments are measured at fair value, with changes in fair value recognised in profit or loss.

2. Employees

	Period from 15.01.2024 to 31.12.2024
	Number
Monthly average number of persons employed by the Company during the period, including directors	0

3. Debtors

	31.12.2024
	€
Other debtors	581

4. Current asset investments

	31.12.2024
	€
Listed investments – at fair value	208,722

5. Creditors: amounts falling due within one year

	31.12.2024
	€
Bank overdrafts	9,039
Amounts owed to Group undertakings	207,721
Other creditors	4,356
	221,116

6. Called-up share capital

	31.12.2024
	€
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	117

The share capital was issued upon incorporation on 15 January 2024.

7. Ultimate controlling party

Parent Company:

Invennion GMBH

Sigmundsgasse 16/5 Wien AUSTRIA 1070