Company No: 11405461 (England and Wales)

Contents

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

DIRECTORS	P Einstein
	W Lee (Resigned 10 July 2025)

REGISTERED OFFICE	22 Wycombe End
	Beaconsfield
	HP9 1NB
	United Kingdom

COMPANY NUMBER

11405461 (England and Wales)

ACCOUNTANT	S&W Partners (Thames Valley) Limited
	22 Wycombe End
	Beaconsfield
	Buckinghamshire
	HP9 1NB

	Note	2025		2024
		€		€
Fixed assets
Intangible assets	3	33,869		58,827
		33,869		58,827
Current assets
Debtors	4	401,988		487,120
Cash at bank and in hand		26,943		112,417
		428,931		599,537
Creditors: amounts falling due within one year	5	( 1,393,632)		( 1,403,820)
Net current liabilities		(964,701)		(804,283)
Total assets less current liabilities		(930,832)		(745,456)
Net liabilities		( 930,832)		( 745,456)
Capital and reserves
Called-up share capital	6	4,292		4,292
Share premium account		4,287,588		4,287,588
Profit and loss account		( 5,222,712 )		( 5,037,336 )
Total shareholder's deficit		( 930,832)		( 745,456)

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

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.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Extreme Channel Limited (registered number: 11405461) were approved and authorised for issue by the Director on 08 September 2026. They were signed on its behalf by:

P Einstein 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

Extreme Channel 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 22 Wycombe End, Beaconsfield, HP9 1NB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, 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 Extreme Channel Limited is considered to be EUR because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

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

The director has made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise on monetary items.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

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:

Website costs	5 years straight line
Other intangible assets	5 years straight line

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Intangible assets

	Website costs		Other intangible assets		Total
	€		€		€
Cost
At 01 January 2025	1,818,407		787,762		2,606,169
Disposals	( 1,818,407)		( 662,962)		( 2,481,369)
At 31 December 2025	0		124,800		124,800
Accumulated amortisation
At 01 January 2025	1,818,407		728,935		2,547,342
Charge for the financial year	0		24,960		24,960
Disposals	( 1,818,407)		( 662,964)		( 2,481,371)
At 31 December 2025	0		90,931		90,931
Net book value
At 31 December 2025	0		33,869		33,869
At 31 December 2024	0		58,827		58,827

4. Debtors

	2025		2024
	€		€
Trade debtors	192,713		246,950
Other debtors	209,275		240,170
	401,988		487,120

5. Creditors: amounts falling due within one year

	2025		2024
	€		€
Trade creditors	937,426		872,327
Other taxation and social security	0		35,043
Other creditors	456,206		496,450
	1,393,632		1,403,820

6. Called-up share capital

	2025		2024
	€		€
Allotted, called-up and fully-paid
3,865 Ordinary shares of € 1.11 each	4,292		4,292

7. Related party transactions

The company has taken advantage of the exemption available under FRS 102 section 33.1A 'Related Party Disclosures' not to disclose transactions entered into between two or more members of a group, as the company is a wholly owned subsidiary undertaking of the group to which it is party to the transactions.