REGISTERED NUMBER: 10427434 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

beMatrix UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S R M Decroos

E Van der Vennet

A Burton

SECRETARY:

MYUKOFFICE LTD

REGISTERED OFFICE:

Unit 2 Lobb Farm

London Road

Tetsworth

Thame

Oxfordshire

OX9 7BE

REGISTERED NUMBER:

10427434 (England and Wales)

AUDITORS:

Try Lunn & Co

Chartered Accountants

and Statutory Auditors

Roland House

Princes Dock Street

HULL HU1 2LD

FIXED ASSETS

Intangible assets

5

100

100

Tangible assets

6

681,715

613,923

681,815

614,023

CURRENT ASSETS

Debtors

7

236,533

194,493

Cash at bank and in hand

698,373

393,513

934,906

588,006

CREDITORS

Amounts falling due within one year

8

203,934

98,781

NET CURRENT ASSETS

730,972

489,225

TOTAL ASSETS LESS CURRENT LIABILITIES

1,412,787

1,103,248

CREDITORS

Amounts falling due after more than one year

9

(5,107

)

(8,746

)

PROVISIONS FOR LIABILITIES

11

(165,836

)

(147,291

)

NET ASSETS

1,241,844

947,211

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

13

1,241,744

947,111

SHAREHOLDERS' FUNDS

1,241,844

947,211

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 5 May 2026 and were signed on its behalf by:

S R M Decroos - Director

E Van der Vennet - Director

A Burton - Director

1.	STATUTORY INFORMATION

beMatrix UK Ltd 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.

Turnover

Turnover comprises of fees in respect of marketing services provided and the rental of exhibition related goods.

Marketing revenues are recognised on a monthly basis following the completion of the services provided.

Revenue for rental of exhibition related goods are recognised evenly over the the rental period.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and Machinery etc - 33% on cost, 25% on cost, and 20% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	AUDITORS' REMUNERATION

2025

2024

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

5,455

5,095

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

100

NET BOOK VALUE

At 31 December 2025

100

At 31 December 2024

100

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

1,664,981

Additions

293,226

At 31 December 2025

1,958,207

DEPRECIATION

At 1 January 2025

1,051,058

Charge for year

225,434

At 31 December 2025

1,276,492

NET BOOK VALUE

At 31 December 2025

681,715

At 31 December 2024

613,923

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

21,195

DEPRECIATION

At 1 January 2025

12,364

Charge for year

5,299

At 31 December 2025

17,663

NET BOOK VALUE

At 31 December 2025

3,532

At 31 December 2024

8,831

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

133,324

81,228

Amounts owed by group undertakings

26,286

12,369

Other debtors

76,923

100,896

236,533

194,493

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 10)

3,639

3,389

Trade creditors

55,094

18,093

Amounts owed to group undertakings

41,696

24,615

Taxation and social security

24,802

15,101

Other creditors

78,703

37,583

203,934

98,781

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 10)

5,107

8,746

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

3,639

3,389

Between one and five years

5,107

8,746

8,746

12,135

Non-cancellable

operating leases

2025

2024

£

£

Within one year

84,600

84,600

Between one and five years

155,100

239,700

239,700

324,300

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

165,836

147,291

Deferred

tax

£

Balance at 1 January 2025

147,291

Charge to Income Statement during year

18,545

Balance at 31 December 2025

165,836

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

13.

RESERVES

Retained

earnings

£

At 1 January 2025

947,111

Profit for the year

294,633

At 31 December 2025

1,241,744

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

The Report of the Auditors was unqualified.

Simon Moss FCCA (Senior Statutory Auditor)

for and on behalf of Try Lunn & Co

15.	RELATED PARTY DISCLOSURES

16.	ULTIMATE CONTROLLING PARTY