REGISTERED NUMBER: 13904248 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

STX NEXT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Matthew David Harris

REGISTERED OFFICE:

C/o Freeths LLP

3rd Floor Northgate House

450-500 Silbury Boulevard

Milton Keynes

Buckinghamshire

MK9 2AD

REGISTERED NUMBER:

13904248 (England and Wales)

AUDITORS:

TC Group, Statutory Auditor

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

FIXED ASSETS

Investments

4

1

-

CURRENT ASSETS

Debtors

5

1,447

28,747

Cash at bank

254,953

122,699

256,400

151,446

CREDITORS

Amounts falling due within one year

6

149,192

60,484

NET CURRENT ASSETS

107,208

90,962

TOTAL ASSETS LESS CURRENT LIABILITIES

107,209

90,962

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

106,209

89,962

SHAREHOLDERS' FUNDS

107,209

90,962

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 12 September 2026 and were signed by:

Matthew David Harris - Director

1.	STATUTORY INFORMATION

Stx Next 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 (£).

The company trading address is, 10 York Road, London, SE1 7ND.

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 is entirely service-based and derived from intra-group transactions, with support services provided to group entities. It is recognized monthly based on a consistent markup applied to UK-incurred operating expenses, in line with transfer pricing arrangements with the Poland-based parent entity.

As operations are low-risk and stable year-on-year, with no stock or production facilities maintained, turnover recognition is straightforward and based on invoiced amounts. Turnover is measured net of VAT, trade discounts, and returns, and any payments received in advance are recorded as deferred income until performance obligations are satisfied. All transactions are with related parties and disclosed accordingly.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from bank and other third parties, loan's to related parties and investments in ordinary shares.

Short term debtors and creditors are measured at the transaction price. Other financial instruments, including loans, 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.

Financial liabilities and equity are classified according to the substance of the financial instrument's contractual obligations, rather than the financial instrument's legal form.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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.

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.

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

As at the point of authorising the accounts, and for the foreseeable future, the directors consider the going concern assumption to still be appropriate. The directors acknowledge that given the rapidly changing business and social environment, there are likely to be significant unknown factors which may present themselves. Such factors are considered by the directors to represent a general inherent level of risk in relation to the going concern assumption albeit not quantifiable at this time.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

1

At 31 December 2025

1

NET BOOK VALUE

At 31 December 2025

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

27,067

VAT

109

244

Prepayments

1,338

1,436

1,447

28,747

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

98

246

Amounts owed to group undertakings

63,528

-

Corporation tax

26,306

21,299

Social security and other taxes

22,239

11,227

Net wages

14,353

17,291

Other creditors

1,908

806

Accrued expenses

20,760

9,615

149,192

60,484

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

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

The Report of the Auditors was unqualified.

Dilun Mistry FCA (Senior Statutory Auditor)

for and on behalf of TC Group, Statutory Auditor

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	ULTIMATE CONTROLLING PARTY

The company's parent undertaking and controlling party is STX Next Spolka Akcyjna, a company registered in Poland.

The ultimate controlling party is STX Next Spolka Akcyjna by virtue of their shareholdings. Consolidated financial statements can be obtained from ul. Mostowa 38, 61-854 Poznan, Poland.