ACCOUNTS - Final Accounts

Registered number: 12405670

THE FOOTBALL AGENCIES LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

THE FOOTBALL AGENCIES LIMITED

REGISTERED NUMBER: 12405670

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	600		600
Cash at bank and in hand	5	3,020,953		606,580
		3,021,553		607,180
Creditors: amounts falling due within one year	6	(744,023)		(348,212)
Net current assets			2,277,530		258,968
Total assets less current liabilities			2,277,530		258,968
Creditors: amounts falling due after more than one year	7		(37,961)		(238,461)

Net assets			2,239,569		20,507

Capital and reserves
Called up share capital	200	200
Profit and loss account	2,239,369	20,307
	2,239,569	20,507

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 January 2026.

F A Pena

Director

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THE FOOTBALL AGENCIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

The Football Agencies Limited is a private company limited by shares incorporated in England & Wales with a registration number 12405670. The registered office address is 30 st. John Street London EC1M 4AY. The principal activity of the company continues to be providing sports agency services.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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THE FOOTBALL AGENCIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.3

Taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position date, except that:

. The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

. Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directos, during the year was 2 (2023 - 1).

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THE FOOTBALL AGENCIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Other debtors	600	600
	600	600

5.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	3,020,953	606,580
	3,020,953	606,580

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	400	335,136
Corporation tax	736,623	6,076
Accruals and deferred income	7,000	7,000
	744,023	348,212

7.	Creditors: Amounts falling due after more than one year
		2024	2023
		£	£

Amounts owed to group undertakings	37,961	238,461
	37,961	238,461

All amounts owed to group undertakings are non-interest bearing, unsecured and repayable on demand.

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THE FOOTBALL AGENCIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

8.	Related party transactions
	At the end of the year the following balances were due to related parties:

		2024	2023
		£	£

	The Agency International (BVI) Limited	(37,961)	(238,461)
		(37,961)	(238,461)

9.	Controlling party

The company's immediate parent undertaking is The Agency International (BVI) Limited, a company incorporated in the British Virgin Islands. The company's ultimate parent undertaking and controlling party is Live Nation Entertainment Inc, which is incorporated in the United States of America. Copies of the consolidated financial statements of Live Nation Entertainment, Inc. are available from 9348 Civic Center Drive, Beverly Hills, California, 90210, United States of America.

10.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 16 January 2026 by Matthew Wells ACA (Senior statutory auditor) on behalf of Haslers.

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