REGISTERED NUMBER: 03917701 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

RMG EMEA HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A Ahlowalia

Mr S J Mitchell

REGISTERED OFFICE:

Ground Floor

400 Capability Green

Luton

Bedfordshire

LU1 3LU

REGISTERED NUMBER:

03917701 (England and Wales)

AUDITORS:

FKCA Limited

Statutory Auditor

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

FIXED ASSETS

Investments

4

3,537,679

940,771

CURRENT ASSETS

Debtors

5

6,987,089

-

CREDITORS

Amounts falling due within one year

6

7,787,854

511,262

NET CURRENT LIABILITIES

(800,765

)

(511,262

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,736,914

429,509

CAPITAL AND RESERVES

Called up share capital

100

100

Capital contribution reserve

3,500,000

-

Retained earnings

(763,186

)

429,409

SHAREHOLDERS' FUNDS

2,736,914

429,509

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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr S J Mitchell - Director

1.	STATUTORY INFORMATION

RMG EMEA Holdings 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.

The financial statements have been prepared on the going concern basis which the directors consider to be

appropriate. The company remains reliant upon the continued support of the group, which has pledged support for a period in excess of 12 months from the date of signing the financial statements.

Preparation of consolidated financial statements

The financial statements contain information about RMG EMEA Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Dividend income

Dividend income is recognized when the right to receive it arises and is measured at fair value, with amounts included in profit or loss unless they represent a return of capital.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

940,771

Additions

8,618,408

Disposals

(6,000,000

)

Impairments

(21,500

)

At 31 December 2024

3,537,679

NET BOOK VALUE

At 31 December 2024

3,537,679

At 31 December 2023

940,771

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

6,987,089

-

Amounts owed by group undertakings are interest free and repayable on demand.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

7,523,377

511,262

Other creditors

264,477

-

7,787,854

511,262

Amounts owed to group undertakings are interest free and repayable on demand.

7.	SECURED DEBTS

Security is provided to Canadian Imperial Bank of Commerce in respect of a group facility by way of a debenture grant which included fixed and floating charges which coves all the property or undertaking of the company and contains a negative pledge.

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

The Report of the Auditors was unqualified.

Tara Aldwin ACA (Senior Statutory Auditor)

for and on behalf of FKCA Limited

9.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is RMG Enterprise Solutions Inc, a company incorporated in the USA with a registered address 15301 Dallas Parkway, Addison, Texas, 75001, USA.

The company's ultimate parent and controlling party is Korbyt Holdco LLC, a company incorporated in the USA with a registered address 15301 Dallas Parkway, Addison, Texas, 75001, USA. This is the largest and smallest group for which consolidated accounts are prepared.