REGISTERED NUMBER: 09560428 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MESSE FRANKFURT UK LTD

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Intangible assets

4

14,654

24,072

Tangible assets

5

47,655

50,456

62,309

74,528

CURRENT ASSETS

Debtors

6

3,561,856

606,811

Cash at bank

152,444

645,771

3,714,300

1,252,582

CREDITORS

Amounts falling due within one year

7

3,416,435

1,087,270

NET CURRENT ASSETS

297,865

165,312

TOTAL ASSETS LESS CURRENT LIABILITIES

360,174

239,840

CREDITORS

Amounts falling due after more than one year

8

(2,481,274

)

(2,128,998

)

PROVISIONS FOR LIABILITIES

(5,000

)

(3,500

)

NET LIABILITIES

(2,126,100

)

(1,892,658

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(2,126,200

)

(1,892,758

)

(2,126,100

)

(1,892,658

)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 December 2025 and were signed by:

S M Albert - Director

1.	STATUTORY INFORMATION

Messe Frankfurt UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09560428

Registered office:

8 Heyworth Business Park

Old Portsmouth Road

Peasmarsh

Guildford

GU3 1AF

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.

Going concern

In arriving at their conclusions on going concern, the director has considered post year-end trading results as well as forecast performance and cash flow projections.

Whilst the director acknowledges the company's net liabilities of £2.1m, they highlight that included on the company's balance sheet there is non-refundable deferred income of £3.99m against which there are limited performance obligations.

Additionally, the company has a formalised funding agreement with the group of which it is a member which is forecast to provide significant headroom on the company's cash flow requirements for the foreseeable future.

On this basis, the director has concluded that the company is a going concern.

Turnover

Turnover represents the fair value of consideration from event organising services received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised when the contractual performance obligations have been met.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Tangible fixed assets are initially stated at cost and are subsequently stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

Improvements to property

-

up to 5 years

Office equipment

-

3-15 years

Motor Vehicles

-

3-15 years

Computer equipment

-

3-15 years

The carrying value of fixed assets are reviewed for impairment where there is an indication the carrying value may not be recoverable.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 January 2024

and 31 December 2024

47,090

AMORTISATION

At 1 January 2024

23,018

Amortisation for year

9,418

At 31 December 2024

32,436

NET BOOK VALUE

At 31 December 2024

14,654

At 31 December 2023

24,072

5.	TANGIBLE FIXED ASSETS

Improvements

to

Office

Motor

Computer

property

Equipment

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

1,774

46,029

55,052

54,804

157,659

Additions

-

-

-

11,032

11,032

Disposals

-

-

(55,052

)

-

(55,052

)

At 31 December 2024

1,774

46,029

-

65,836

113,639

DEPRECIATION

At 1 January 2024

1,774

13,583

55,052

36,794

107,203

Charge for year

-

3,651

-

10,182

13,833

Eliminated on disposal

-

-

(55,052

)

-

(55,052

)

At 31 December 2024

1,774

17,234

-

46,976

65,984

NET BOOK VALUE

At 31 December 2024

-

28,795

-

18,860

47,655

At 31 December 2023

-

32,446

-

18,010

50,456

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,095,693

351,283

Amounts owed by group undertakings

1,676,653

4,398

Other debtors

789,510

251,130

3,561,856

606,811

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

99,235

63,146

Taxation and social security

414,165

31,565

Other creditors

2,903,035

992,559

3,416,435

1,087,270

Current other creditors includes £ 2,725,374 (2023: £804,389) of deferred income on events not yet held. The director anticipates that the conditions required to recognise this revenue will be met. The £2,725,374 of current deferred income is anticipated to be released to the profit or loss within the 2025 accounts.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

1,212,443

1,600,000

Other creditors

1,268,831

528,998

2,481,274

2,128,998

Other creditors falling due after more than 1 year relates to deferred income on events not yet held. The director anticipates that the conditions required to recognise this revenue will be met.

9.	FINANCIAL INSTRUMENTS

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 profit and loss account in other administrative expenses.

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

The Report of the Auditors was unqualified.

Christian Heeger BSc FCA (Senior Statutory Auditor)

for and on behalf of Galloways Accounting

11.	OFF-BALANCE SHEET ARRANGEMENTS

At the year end the company had non-cancellable lease commitments of £37,500 (2023: £55,087). None of these non-cancellable lease commitments were due after more than 5 years.

12.	ULTIMATE CONTROLLING PARTY

The immediate parent undertaking is Messe Frankfurt Exhibition GmbH a company registered in Germany. The ultimate parent undertaking is Messe Frankfurt GmbH, a company registered in Germany.

The group consolidating the results of the Company is Messe Frankfurt GmbH. The registered office of Messe Frankfurt GmbH is Ludwig-Erhard-Anlage 1 60327 Frankfurt am Main, Germany, where copies of the consolidated financial statements may be obtained.