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REGISTERED NUMBER: 08371074 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MOTIV SPORTS UK LIMITED

MOTIV SPORTS UK LIMITED (REGISTERED NUMBER: 08371074)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

MOTIV SPORTS UK LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTOR: | N Angio-Morneau

| REGISTERED OFFICE: | c/o Cox Costello & Horne

| 7 St John's Road

| Harrow

| HA1 2EY

| REGISTERED NUMBER: | 08371074 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Pankaj Rajani

| AUDITORS: | MCA Audit Limited

| 7 St John's Road

| Harrow

| HA1 2EY

MOTIV SPORTS UK LIMITED (REGISTERED NUMBER: 08371074)

BALANCE SHEET

31 DECEMBER 2025

31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Intangible assets | 4 | 380,426 |  | 578,663 |  |

Tangible assets | 5 | 9,731 |  | 11,749 |  |

390,157 |  | 590,412 |  |

CURRENT ASSETS

Debtors | 6 | 2,808,884 |  | 922,630 |  |

Cash at bank | 310,184 |  | 145,060 |  |

3,119,068 |  | 1,067,690 |  |

CREDITORS

Amounts falling due within one year | 7 | 4,499,034 |  | 4,158,789 |  |

NET CURRENT LIABILITIES | (1,379,966 | ) | (3,091,099 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (989,809 | ) | (2,500,687 | ) |

CAPITAL AND RESERVES

Called up share capital | 3 |  | 3 |  |

Share premium | 8 | 11,324,789 |  | 11,324,789 |  |

Retained earnings | 8 | (12,314,601 | ) | (13,825,479 | ) |

(989,809 | ) | (2,500,687 | ) |

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 director and authorised for issue on 2 June 2026 and were signed by:

N Angio-Morneau - Director

MOTIV SPORTS UK LIMITED (REGISTERED NUMBER: 08371074)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Motiv Sports 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.

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 presented in Sterling (£).

| Going Concern,

| The company reported a profit after tax of £1,510,878, cash surplus of £310,184 and net current liabilities £1,379,966 at the balance sheet date. In light of this, we have reviewed the company's latest management accounts and the cash forecast for the next twelve months, which indicates that the company can either break even or generate small amount of profit. Given the nature of the deferred income which will be recognised over time, the company expects to see improvements on the balance sheet as the income is recognised in the period of 2026.

| The Management has outlined plans to manage its cash flow and cost cutting to improve the overall performance and the forecast show that the company is on track to meet its obligation as they fall due. Therefore we consider it is appropriate to adopt the going concern basis.

| Related party exemption

| The company has taken advantage of the exemption in FRS 102.33.1A and has not disclosed transactions with wholly owned group undertakings.

| Significant judgements and estimates

| In preparing these financial statements, the company has made judgements, estimates and assumptions that effect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revision to estimates are recognised prospectively.

| Turnover

| Revenue comprises fees receivable in respect of sports events management and fees for rendering of services to other group entities. Revenue, including entry fees and sponsorship income, for each event is recognised at the time the event takes place. Revenue on services is in accordance with inter group transfer pricing contract. 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 consideration recevied or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Turnover invoiced in advance is held as deferred income and taken to the profit and loss account in the period to which it relates. Turnover not yet invoiced is recognised by estimating the percentage of completion of the project to date as a proportion of the total agreed fee of the contract. The estimate is held as accrued income and taken to the profit and loss account in the period to which it relates.

MOTIV SPORTS UK LIMITED (REGISTERED NUMBER: 08371074)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Cost Allocation

| The company as agent:

| Costs are allocated between cost of sales and overheads based on hours worked by staff. Timesheets are completed which provides the basis for hours worked per project/event and administration. In respect of costs incurred on future projects/events, these are held as deferred costs to be matched against future revenue.

| The company as principal:

| Costs incurred on a new project/event in the development and preparation stages will be deferred to the actual commencement of the project/event. These costs are written to the profit and loss over the expected life of the project/event, or series of projects/events, no greater than 3 years, providing the future benefits of the project/event can be reliably calculated and sustain these costs.

| 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.

| Patents and licences are amortised on a straight-line basis over their estimated useful life of ten years.

| The useful lives and residual values of intangible assets are reviewed at each reporting date and amended where necessary.

| 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 and 20% on cost

| Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs.

| i. Plant and machinery and fixtures, fittings, tools and equipment

| Plant and machinery and fixtures, fittings, tools and equipment are stated at cost less accumulated depreciation and accumulated impairment losses.

| ii. Depreciation and residual values

| Depreciation on other assets is calculated, using the straight-line method, to allocate the depreciable amount to their residual values over their estimated useful lives. The assets' residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.

| iii. Subsequent additions and major components

| Subsequent costs are included in the assets carrying amount or recognised as a separate asset, as appropriate, only when it is probable that economic benefits associated with the item will flow to the company and the cost can be measured reliably.

| The carrying amount of any replaced component is derecognised. Major components are treated as a separate asset where they have significantly different patterns of consumption of economic benefits and are depreciated separately over its useful life.

| Repairs, maintenance and minor inspection costs are expensed as incurred.

| iv. Derecognition

| Tangible assets are derecognised on disposal or when no future economic benefits are expected. On disposal, the difference between the net disposal proceeds and the carrying amount is recognised in profit or loss and included in 'Other operating (losses)/gains'.

MOTIV SPORTS UK LIMITED (REGISTERED NUMBER: 08371074)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company recognises financial assets and financial liabilities when it becomes a party to the contractual provisions of the instrument. The company’s financial instruments comprise trade and other debtors, cash and cash equivalents, and trade and other creditors, all of which are classified as basic financial instruments in accordance with FRS 102.

| Trade and other debtors are initially recognised at the transaction price and are subsequently measured at amortised cost using the effective interest method, less any impairment losses.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.

| Trade and other creditors are initially recognised at the transaction price and are subsequently measured at amortised cost using the effective interest method. Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

| Financial assets are assessed for impairment at each reporting date, and any impairment losses are recognised in profit or loss. Financial liabilities are derecognised when the company’s contractual obligations are discharged, cancelled or expire.

| 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.

| 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.

| Cash and cash equivalents

| Cash represents cash in hand and deposits held on demand with financial institutions. Cash equivalents are short-term, highly liquid investments with original maturities of three months or less at the date of acquisition. Cash equivalents are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

3. | EMPLOYEES AND DIRECTORS

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

MOTIV SPORTS UK LIMITED (REGISTERED NUMBER: 08371074)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

4. | INTANGIBLE FIXED ASSETS

Other |

intangible |

assets |

| £

| COST

| At 1 January 2025 | 2,000,000 |  |

| Additions | 1,900 |  |

| At 31 December 2025 | 2,001,900 |  |

| AMORTISATION

| At 1 January 2025 | 1,421,337 |  |

| Charge for year | 200,137 |  |

| At 31 December 2025 | 1,621,474 |  |

| NET BOOK VALUE

| At 31 December 2025 | 380,426 |  |

| At 31 December 2024 | 578,663 |  |

5. | TANGIBLE FIXED ASSETS

Plant and |

machinery |

etc |

| £

| COST

| At 1 January 2025 | 185,232 |  |

| Additions | 3,075 |  |

| Disposals | (4,174 | ) |

| At 31 December 2025 | 184,133 |  |

| DEPRECIATION

| At 1 January 2025 | 173,483 |  |

| Charge for year | 3,325 |  |

| Eliminated on disposal | (2,406 | ) |

| At 31 December 2025 | 174,402 |  |

| NET BOOK VALUE

| At 31 December 2025 | 9,731 |  |

| At 31 December 2024 | 11,749 |  |

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

31.12.25 | 31.12.24 |

| £ | £

| Trade debtors | 897,940 |  | 360,397 |  |

| Amounts owed by group undertakings | 1,590,639 |  | - |  |

| Other debtors | 320,305 |  | 562,233 |  |

2,808,884 |  | 922,630 |  |

MOTIV SPORTS UK LIMITED (REGISTERED NUMBER: 08371074)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

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

31.12.25 | 31.12.24 |

| £ | £

| Trade creditors | 68,541 |  | 165,467 |  |

| Amounts owed to group undertakings | 4,248 |  | 4,248 |  |

| Taxation and social security | 243,259 |  | 166,636 |  |

| Other creditors | 4,182,986 |  | 3,822,438 |  |

4,499,034 |  | 4,158,789 |  |

| Within other creditors, £4,215,309 related to deferred income for 2026 sporting events (2024: £3,352,971).

8. | RESERVES

Retained | Share |

earnings | premium | Totals |

| £ | £ | £

| At 1 January 2025 | (13,825,479 | ) | 11,324,789 |  | (2,500,690 | ) |

| Profit for the year | 1,510,878 |  | 1,510,878 |  |

| At 31 December 2025 | (12,314,601 | ) | 11,324,789 |  | (989,812 | ) |

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

| The Report of the Auditors was unqualified.

| Pankaj Rajani (Senior Statutory Auditor)

| for and on behalf of MCA Audit Limited

10. | ULTIMATE CONTROLLING PARTY

| The company is a 100% subsidiary of Y11 Asia Holding Pte Limited, a company registered in Singapore. The ultimate parent undertaking is Y11 Sport & Media Holdings Limited, 3-212 Governor's Square, 23 Lime Tree Bay Avenue, West Bay KY1-1203, Cayman Island.

| At the reporting date, in the opinion of the directors, there is no single ultimate individual controlling party.