REGISTERED NUMBER: 08185313 (England and Wales)

J2 INTERACTIVE SOLUTIONS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L J La Rocca

M J Yalon

REGISTERED OFFICE:

Wey Court West

Union Road

Farnham

Surrey

GU9 7PT

REGISTERED NUMBER:

08185313 (England and Wales)

AUDITOR:

Shaw Gibbs Audit Ltd

264 Banbury Road

Oxford

Oxfordshire

OX2 7DY

FIXED ASSETS

Tangible assets

4

1,556

7,244

CURRENT ASSETS

Debtors

5

242,763

419,010

Cash at bank

671,917

442,464

914,680

861,474

CREDITORS

Amounts falling due within one year

6

(477,361

)

(628,607

)

NET CURRENT ASSETS

437,319

232,867

TOTAL ASSETS LESS CURRENT LIABILITIES

438,875

240,111

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

438,775

240,011

SHAREHOLDERS' FUNDS

438,875

240,111

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 22 December 2025 and were signed on its behalf by:

L J La Rocca - Director

1.	STATUTORY INFORMATION

J2 Interactive Solutions Ltd 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.

Turnover

Turnover represents the net invoiced sales of services, together with adjustments in respect of partially completed work not yet invoiced.

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

-

50% on cost

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.

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 18 (2023 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

46,801

DEPRECIATION

At 1 January 2024

39,557

Charge for year

5,688

At 31 December 2024

45,245

NET BOOK VALUE

At 31 December 2024

1,556

At 31 December 2023

7,244

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

162,784

373,879

Amounts owed by group undertakings

19,574

-

Other debtors

911

3,425

Deferred tax

5,936

6,653

Prepayments and accrued income

53,558

35,053

242,763

419,010

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

2,658

2,257

Amounts owed to group undertakings

223,959

382,480

Tax

74,647

47,864

Social security and other taxes

51,883

64,912

VAT

73,885

61,357

Other creditors

3,558

2,331

Accrued expenses

46,771

67,406

477,361

628,607

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

1

100

100

8.

RESERVES

Retained

earnings

£

At 1 January 2024

240,011

Profit for the year

198,764

At 31 December 2024

438,775

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

The Report of the Auditor was unqualified.

Lance Redman (Senior Statutory Auditor)

for and on behalf of Shaw Gibbs Audit Ltd

Included in the audit report was the following paragraph with respect to going concern:-

"We draw attention to note 2 in the financial statements, which states that although the accounts have been prepared on the basis that the company will continue as a going concern for the foreseeable future, this presumption depends on the continuing support of the parent company, referred to in note 13, to enable the company to meet its liabilities as they fall due. This indicates that a material uncertainty exists which may cast significant doubt on the company's ability to continue as a going concern. The matter has been appropriately disclosed and our opinion is not modified in respect of this matter."

10.	RELATED PARTY DISCLOSURES

During the year, the company made sales totalling £249,966 (2023: £322,184) to its parent company, J2 Interactive LLC. During the year, expenses totalling £101,345 (2023: £67,276) were recharged to the company from J2 Interactive LLC and expenses totalling £60,970 (2023: £188,580) were recharged to the company from J2 Interactive DMCC.

At the year end, the company owed its parent company, J2 Interactive LLC, £223,959 (2023: £372,580) and the company was owed £19,574 (2023: the company owed £9,900) to a fellow subsidiary J2 Interactive DMCC.

11.	ULTIMATE CONTROLLING PARTY

The company is 100% owned by J2 Interactive LLC, a company incorporated in America and based in Charlestown, Massachusetts, USA.