REGISTERED NUMBER: 12370930 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LUBOKA MEDIA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr B Bos

Mr L Voncken

REGISTERED OFFICE:

Eden House

Two Rivers Business Park

Witney

Oxfordshire

OX28 4BL

BUSINESS ADDRESS:

The Shepherds Building

Charecroft Way

London

W14 0EE

REGISTERED NUMBER:

12370930 (England and Wales)

AUDITORS:

Bronsens

Chartered Certified Accountants

Statutory Auditors

Eden House

Two Rivers Business Park

Witney

Oxfordshire

OX28 4BL

CURRENT ASSETS

Debtors

4

72,800

3,694,268

CREDITORS

Amounts falling due within one year

5

2,696

3,251,511

NET CURRENT ASSETS

70,104

442,757

TOTAL ASSETS LESS CURRENT LIABILITIES

70,104

442,757

CAPITAL AND RESERVES

Called up share capital

6

116

116

Exchange rate differentials

86,769

79,177

Retained earnings

(16,781

)

363,464

SHAREHOLDERS' FUNDS

70,104

442,757

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 29 December 2025 and were signed on its behalf by:

Mr B Bos - Director

Mr L Voncken - Director

1.	STATUTORY INFORMATION

Luboka Media 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.

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 functional currency has changed from Sterling to Euros as the parent company trades in Euros and the majority of the company's trading activities are in Euros.

Turnover

The turnover and profit before taxation are attributable to the one principal activity of the company.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

€

€

Amounts owed by group undertakings

72,409

3,693,877

Other debtors

391

391

72,800

3,694,268

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

€

€

Trade creditors

(18,039

)

1,123,742

Amounts owed to group undertakings

1,474

2,076,423

Taxation and social security

8,513

44,282

Other creditors

10,748

7,064

2,696

3,251,511

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

€

€

100

Ordinary

£1

116

116

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

The Report of the Auditors was unqualified.

Philip Burton BSc FCA (Senior Statutory Auditor)

for and on behalf of Bronsens

8.	RELATED PARTY DISCLOSURES

During the period the company traded with subsidiaries of and the parent company CLIQ Digital AG.

At 31 December 2024, the subsidiaries of and CLIQ Digital AG were owed €1,474 by the company (2023: €2,076,423)

During the period, the company traded with Cliq B.V. At 31 December 2024, CLIQ B.V owed the company €72,409 (2023: €3,693,877).

9.	POST BALANCE SHEET EVENTS

There have been no significant events affecting the Company since the period end.

10.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Cliq Digital AG, incorporated in Germany.

Consolidated accounts are available from:

Cliq Digital AG

Grunstrasse 8

Düsseldorf

Nordrhein-Westfalen

40212

Germany