REGISTERED NUMBER: 14270509 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Matrixport Advisors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Y Hu

O Zadeh

REGISTERED OFFICE:

343 City Road

London

EC1V 1LR

REGISTERED NUMBER:

14270509 (England and Wales)

AUDITORS:

Anderson Barrowcliff Limited

Statutory Auditors

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Tangible assets

4

389

725

CURRENT ASSETS

Debtors

5

169,612

68,153

Cash at bank

479,049

675,925

648,661

744,078

CREDITORS

Amounts falling due within one year

6

618,476

763,305

NET CURRENT ASSETS/(LIABILITIES)

30,185

(19,227

)

TOTAL ASSETS LESS CURRENT LIABILITIES

30,574

(18,502

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Accumulated profit/ (loss)

30,474

(18,602

)

SHAREHOLDERS' FUNDS

30,574

(18,502

)

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 23 September 2025 and were signed on its behalf by:

Y Hu - Director

1.	STATUTORY INFORMATION

Matrixport Advisors 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years unless otherwise stated.

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 a going concern basis. Given the known challenges faced by startup businesses raising external assets leading towards a self-sustaining business, the directors have allocated sufficient resources to finance the company. Based on the assessment of the directors, there is reasonable expectation that the company has access to adequate financial resources to continue in operational existence for the foreseeable future. Therefore, the directors continue to apply the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

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.

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.

Debtors and creditors receivable/ payable within one year

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 in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

1,061

DEPRECIATION

At 1 January 2024

336

Charge for year

336

At 31 December 2024

672

NET BOOK VALUE

At 31 December 2024

389

At 31 December 2023

725

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

7,398

42,408

Other debtors

17,933

17,650

VAT

1,850

2,004

Prepayments and accrued income

142,431

6,091

169,612

68,153

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

600,000

751,118

Taxation

13,476

878

Other creditors

-

1,127

Accrued expenses

5,000

10,182

618,476

763,305

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

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

The Report of the Auditors was unqualified.

David Shawcross FCA (Senior Statutory Auditor)

for and on behalf of Anderson Barrowcliff Limited

9.	RELATED PARTY DISCLOSURES

During the prior period the company received an interest free one year loan from its immediate parent company totalling £600,000 which remains outstanding at the year end. During the year the company repaid £151,118 to its immediate parent company for payments made on behalf of the company in the prior year. The balance at the end of the period was £600,000 (2023 - £751,118). No interest has been charged on the balance and amounts are recoverable on demand.

10.	PARENT UNDERTAKING

The immediate holding company is Matrix Finance and Technologies Holding Company, a company registered in the Cayman Islands. The parent's registered office address is 89 Nexus Way, Camana Bay, Grand Cayman, KY1-9009, Cayman Islands.