REGISTERED NUMBER: 15513662 (England and Wales)

Financial Statements for the Period 22 February 2024 to 31 December 2024

for

Spon Global Midco Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A J Duckworth

P J Gedman

Ms K Uppal

REGISTERED OFFICE:

Discovery Point

Evans Road

Liverpool

Merseyside

L24 9PB

REGISTERED NUMBER:

15513662 (England and Wales)

AUDITORS:

DJH Audit Limited

Statutory Auditor

3rd Floor Pacific Chambers

11-13 Victoria Street

Liverpool

Merseyside

L2 5QQ

FIXED ASSETS

Investments

4

790

CURRENT ASSETS

Debtors

5

8,791,732

CREDITORS

Amounts falling due within one year

6

957,241

NET CURRENT ASSETS

7,834,491

TOTAL ASSETS LESS CURRENT LIABILITIES

7,835,281

CREDITORS

Amounts falling due after more than one year

7

8,906,261

NET LIABILITIES

(1,070,980

)

RESERVES

Merger reserve

790

Retained earnings

(1,071,770

)

(1,070,980

)

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 14 January 2026 and were signed on its behalf by:

A J Duckworth - Director

1.	STATUTORY INFORMATION

Spon Global Midco 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Preparation of consolidated financial statements

The financial statements of the company are consolidated in the financial statements of Platinum SPV Limited. These consolidated financial statements are available from its registered office, Discovery Point, Evans Road, Liverpool, Merseyside, L24 9PB.

Investments in subsidiaries

Investment in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period 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 period 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 period was NIL.

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

790

At 31 December 2024

790

NET BOOK VALUE

At 31 December 2024

790

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

8,784,686

Other debtors

7,046

8,791,732

Amounts owed by group undertakings relate to interest-free, unsecured loans which are repayable on demand.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

42,038

Amounts owed to group undertakings

775,453

Other creditors

139,750

957,241

Amounts owed to group undertakings relate to interest-free, unsecured loans which are repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

9,242,056

Other creditors

(335,795

)

8,906,261

8.	SECURED DEBTS

There is a charge dated 29 March 2024 with Alter Domus Trustees (UK) Limited by the way of fixed and floating charges over all properties and undertakings of the company.

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

The Report of the Auditors was unqualified.

Michael Forshaw FCA (Senior Statutory Auditor)

for and on behalf of DJH Audit Limited

10.	RELATED PARTY DISCLOSURES

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.

11.	ULTIMATE CONTROLLING PARTY

The company is a subsidiary of Platinum SPV Limited, a company registered in England and Wales, Discovery Point, Evans Road, Liverpool, England, L24 9PB. The ultimate controlling party is Platinum SPV Limited.

Platinum SPV Limited is the smallest and largest company for which consolidation accounts including Spon Global Midco Limited are prepared. The consolidated accounts of Platinum SPV Limited are available to the public from its registered office, Discovery Point, Evans Road, Liverpool, England, L24 9PB.