IRIS Accounts Production v25.4.12.37 04266636 Board of Directors 1.1.25 31.12.25 31.12.25 true false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04266636 2024-12-31 04266636 2025-12-31 04266636 2025-01-01 2025-12-31 04266636 2023-12-31 04266636 2024-01-01 2024-12-31 04266636 2024-12-31 04266636 ns15:EnglandWales 2025-01-01 2025-12-31 04266636 ns14:PoundSterling 2025-01-01 2025-12-31 04266636 ns10:Director1 2025-01-01 2025-12-31 04266636 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04266636 ns10:SmallEntities 2025-01-01 2025-12-31 04266636 ns10:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 04266636 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 04266636 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04266636 ns10:FullAccounts 2025-01-01 2025-12-31 04266636 1 2025-01-01 2025-12-31 04266636 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 04266636 ns10:Director2 2025-01-01 2025-12-31 04266636 ns10:RegisteredOffice 2025-01-01 2025-12-31 04266636 ns5:CurrentFinancialInstruments 2025-12-31 04266636 ns5:CurrentFinancialInstruments 2024-12-31 04266636 ns5:ShareCapital 2025-12-31 04266636 ns5:ShareCapital 2024-12-31 04266636 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 04266636 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 04266636 1 2025-01-01 2025-12-31 04266636 ns5:NetGoodwill 2025-01-01 2025-12-31 04266636 ns5:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 04266636 ns5:NetGoodwill 2024-12-31 04266636 ns5:NetGoodwill 2025-12-31 04266636 ns5:NetGoodwill 2024-12-31 04266636 ns5:LeaseholdImprovements 2024-12-31 04266636 ns5:PlantMachinery 2024-12-31 04266636 ns5:ComputerEquipment 2024-12-31 04266636 ns5:LeaseholdImprovements 2025-01-01 2025-12-31 04266636 ns5:PlantMachinery 2025-01-01 2025-12-31 04266636 ns5:ComputerEquipment 2025-01-01 2025-12-31 04266636 ns5:LeaseholdImprovements 2025-12-31 04266636 ns5:PlantMachinery 2025-12-31 04266636 ns5:ComputerEquipment 2025-12-31 04266636 ns5:LeaseholdImprovements 2024-12-31 04266636 ns5:PlantMachinery 2024-12-31 04266636 ns5:ComputerEquipment 2024-12-31 04266636 ns5:AdditionsToInvestments 2025-12-31 04266636 ns5:CostValuation 2025-12-31 04266636 ns5:Subsidiary1 2025-01-01 2025-12-31 04266636 1 ns5:Subsidiary1 2025-01-01 2025-12-31 04266636 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 04266636 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 04266636 ns10:OrdinaryShareClass1 2025-12-31 04266636 ns10:Director1 1 2024-12-31 04266636 ns10:Director1 1 2023-12-31 04266636 ns10:Director1 1 2025-01-01 2025-12-31 04266636 ns10:Director1 1 2024-01-01 2024-12-31 04266636 ns10:Director1 1 2025-12-31 04266636 ns10:Director1 1 2024-12-31

REGISTERED NUMBER: 04266636 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

DLT MEDIA (UK) LIMITED

| DLT MEDIA (UK) LIMITED (REGISTERED NUMBER: 04266636) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Certified Accountants' Report | 10 |

| DLT MEDIA (UK) LIMITED |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | J E Mengers

| M Ouass

| REGISTERED OFFICE: | 19-12

| The Crescent

| Leatherhead

| Surrey

| KT22 8DY

| REGISTERED NUMBER: | 04266636 (England and Wales)

| ACCOUNTANTS: | A W Associates

| Regus, Building 2

| Guildford Business Park Road

| Guildford

| Surrey

| GU2 8XG

| DLT MEDIA (UK) LIMITED (REGISTERED NUMBER: 04266636) |

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 64,163 |  | 22,422 |  |

Investments | 6 | 100 |  | - |  |

64,263 |  | 22,422 |  |

CURRENT ASSETS

Stocks | 6,565 |  | 12,830 |  |

Debtors | 7 | 675,190 |  | 596,179 |  |

Cash at bank and in hand | 699,507 |  | 634,335 |  |

1,381,262 |  | 1,243,344 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,376,116 |  | 1,343,050 |  |

NET CURRENT ASSETS/(LIABILITIES) | 5,146 |  | (99,706 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 69,409 |  | (77,284 | ) |

PROVISIONS FOR LIABILITIES | 16,041 |  | 5,606 |  |

NET ASSETS/(LIABILITIES) | 53,368 |  | (82,890 | ) |

CAPITAL AND RESERVES

Called up share capital | 9 | 1,000 |  | 1,000 |  |

Retained earnings | 52,368 |  | (83,890 | ) |

SHAREHOLDERS' FUNDS | 53,368 |  | (82,890 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

| DLT MEDIA (UK) LIMITED (REGISTERED NUMBER: 04266636) |

Balance Sheet - continued

31 December 2025

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2026 and were signed on its behalf by:

J E Mengers - Director

| DLT MEDIA (UK) LIMITED (REGISTERED NUMBER: 04266636) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| DLT Media (UK) 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.

| 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.

| Key source of estimation, uncertainty and judgement

| The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

| There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

| There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts whichultimately prove to be uncollectable.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

| 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.

| Tangible fixed assets

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

| Plant and Machinery etc - 33% on cost, 20% and 10% on cost

| DLT MEDIA (UK) LIMITED (REGISTERED NUMBER: 04266636) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

| Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

| Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

| DLT MEDIA (UK) LIMITED (REGISTERED NUMBER: 04266636) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

| Going concern

| The financial statements have been prepared on a going concern basis.

| The company meets its day to day working capital requirements through the use of its existing cash reserves and by its return to profitable trading post the impact of the Covid 19 pandemic.

| The directors have considered the impact of, and response to, the Covid 19 pandemic, including the company's available resources and ability to adjust the company's operations as required.

| The directors are of the opinion that the above is sufficient to conclude that the company is a going concern. The financial statements do not include any adjustments to the value of the balance sheet which would result should the going concern basis not be valid.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 12 (2024 - 13 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 420,034 |  |

| AMORTISATION

| At 1 January 2025

| and 31 December 2025 | 420,034 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  |

| At 31 December 2024 | - |  |

| DLT MEDIA (UK) LIMITED (REGISTERED NUMBER: 04266636) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

5. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Plant and |  | Computer |

| property |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2025 | - |  | 181,555 |  | 293,463 |  | 475,018 |  |

| Additions | 7,960 |  | 21,129 |  | 31,736 |  | 60,825 |  |

| At 31 December 2025 | 7,960 |  | 202,684 |  | 325,199 |  | 535,843 |  |

| DEPRECIATION

| At 1 January 2025 | - |  | 176,354 |  | 276,242 |  | 452,596 |  |

| Charge for year | 1,456 |  | 5,702 |  | 11,926 |  | 19,084 |  |

| At 31 December 2025 | 1,456 |  | 182,056 |  | 288,168 |  | 471,680 |  |

| NET BOOK VALUE

| At 31 December 2025 | 6,504 |  | 20,628 |  | 37,031 |  | 64,163 |  |

| At 31 December 2024 | - |  | 5,201 |  | 17,221 |  | 22,422 |  |

6. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| Additions | 100 |  |

| At 31 December 2025 | 100 |  |

| NET BOOK VALUE

| At 31 December 2025 | 100 |  |

| The company's investments at the Balance Sheet date in the share capital of companies include the following:

| Touch Tree Technology Limited

| Registered office: 19-21 The Crescent Leatherhead, Surrey,England, KT22 8DY

| Nature of business: Business and domestic software development

| %

| Class of shares: | holding |

| Ordinary Shares | 100.00 |

| DLT MEDIA (UK) LIMITED (REGISTERED NUMBER: 04266636) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 248,328 |  | 259,527 |  |

| Amounts owed by group undertakings | 212,455 |  | - |  |

| Other debtors | 79,917 |  | 197,246 |  |

| VAT | 29,397 |  | 33,828 |  |

| Prepayments and accrued income | 105,093 |  | 105,578 |  |

675,190 |  | 596,179 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 126,763 |  | 107,272 |  |

| Tax | 45,112 |  | 48,394 |  |

| Social security and other taxes | 24,579 |  | 24,022 |  |

| Other creditors | 50,278 |  | 40,663 |  |

| Accruals and deferred income | 430,519 |  | 388,897 |  |

| Accrued expenses | 698,865 |  | 733,802 |  |

1,376,116 |  | 1,343,050 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1,000 | Ordinary | £1 | 1,000 |  | 1,000 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025 | 2024 |

£ | £ |

| J E Mengers

| Balance outstanding at start of year | 10,000 |  | 15,000 |  |

| Amounts repaid | - |  | (5,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 10,000 |  | 10,000 |  |

11. | RELATED PARTY DISCLOSURES

| Included within other debtors is an amount owed by Phoenix Style Limited amounting to £16,000. Mr J. Mengers is a director of the company.

| DLT MEDIA (UK) LIMITED (REGISTERED NUMBER: 04266636) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

12. | ULTIMATE PARENT COMPANY

| The ultimate parent company is Aiga Holding BV, a company incorporated in The Netherlands.

Certified Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

DLT Media (UK) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DLT Media (UK) Limited for the year ended 31 December 2025 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of DLT Media (UK) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DLT Media (UK) Limited and state those matters that we have agreed to state to the Board of Directors of DLT Media (UK) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that DLT Media (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DLT Media (UK) Limited. You consider that DLT Media (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DLT Media (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

A W Associates

Regus, Building 2

Guildford Business Park Road

Guildford

Surrey

GU2 8XG

13 March 2026