Company No: 05344883 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	A J Giles
	A Lenthall (Resigned 22 January 2026)
	D S Walsh

REGISTERED OFFICE	Waterloo Place
	Watson Square
	Stockport
	SK1 3AZ
	United Kingdom

COMPANY NUMBER

05344883 (England and Wales)

ACCOUNTANT	S&W Partners (Manchester) Limited
	Pall Mall
	1 Pollen Square
	59 King Street
	Manchester
	M2 4PD

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	0		45,000
		0		45,000
Current assets
Debtors	4	461		5,657
Cash at bank and in hand		1,160		38,588
		1,621		44,245
Creditors: amounts falling due within one year	5	( 2,250)		( 117,607)
Net current liabilities		(629)		(73,362)
Total assets less current liabilities		(629)		(28,362)
Net liabilities		( 629)		( 28,362)
Capital and reserves
Called-up share capital	6	111		111
Other reserves		75,000		75,000
Profit and loss account		( 75,740 )		( 103,473 )
Total shareholders' deficit		( 629)		( 28,362)

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Festival Insights Limited (registered number: 05344883) were approved and authorised for issue by the Board of Directors on 28 May 2026. They were signed on its behalf by:

A J Giles Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Festival Insights Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Waterloo Place, Watson Square, Stockport, SK1 3AZ.

The financial statements have been prepared under the historical cost convention and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Festival Insights Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Going concern

On the 17 March 2025, the trade and assets of the company were transferred into, Mondiale Media Technology Limited and since that date the company has been dormant. The financial statements are therefore prepared on a basis other than going concern. However, no adjustments are required to the figures in the financial statements as a result of ceasing to trade.

Turnover

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 the other sales taxes.

Revenue is recognised in the period that the service relates to.

Pension costs

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.

Other non-operating income

Includes the profit on disposal of goodwill and is recognised at the date of sale.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

2. Employees

	2025		2024
	Number		Number
Monthly average number of employees during the year.	0		0

The staff costs are recharged from a related party.

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 January 2025	75,000		75,000
Disposals	( 75,000)		( 75,000)
At 31 December 2025	0		0
Accumulated amortisation
At 01 January 2025	30,000		30,000
Disposals	( 30,000)		( 30,000)
At 31 December 2025	0		0
Net book value
At 31 December 2025	0		0
At 31 December 2024	45,000		45,000

4. Debtors

	2025		2024
	£		£
Trade debtors	0		3,600
Other debtors	461		2,057
	461		5,657

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	0		2,241
Amounts owed to Group undertakings	0		110,000
Other creditors	2,250		5,366
	2,250		117,607

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
11,100 Ordinary shares of £ 0.01 each	111		111