REGISTERED NUMBER: 12807075 (England and Wales)

Unaudited financial statements for the year ended 31 December 2025

For

Square Media Capital Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

J Sekano

REGISTERED OFFICE:

Office 4 3/F Coachworks Arcade

Northgate Street

Chester

CH1 2EY

REGISTERED NUMBER:

12807075 (England and Wales)

FIXED ASSETS

Investments

4

1,800

1,800

CURRENT ASSETS

Debtors

5

553,511

484,570

Cash at Bank

905,992

1,030,240

1,459,503

1,514,810

CREDITORS

Amounts falling due within one year

6

200,189

42,394

NET CURRENT ASSETS

1,259,314

1,472,416

TOTAL ASSETS LESS CURRENT LIABILITIES

1,261,114

1,474,216

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

1,261,113

1,474,215

SHAREHOLDERS' FUNDS

1,261,114

1,474,216

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2026 and were signed by:

J Sekano - Director

1.	STATUTORY INFORMATION

Square Media Capital 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.

The presentation currency of the financial statements is the Euro (€).

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.

Related party exemption

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

Going concern

The financial statements have been prepared using the going concern basis as the Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Impairment

At each reporting date non-financial assets not carried at fair value, such as goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

Inventories are also assessed for impairment at each reporting date. The carrying amount of each item of inventory, or group of similar items, is compared with its selling price less costs to complete and sell. If an item of inventory or group of similar items is impaired, its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

€

COST

At 1 January 2025

and 31 December 2025

1,800

NET BOOK VALUE

At 31 December 2025

1,800

At 31 December 2024

1,800

The company owns 50% of the issued share capital of Square Media Limited a company incorporated in Malta.

The company owns 1,200 shares in Softlead Technologies Ltd.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

€

€

Other debtor

-

220,500

Loans and receivables

551,769

260,325

Prepayments

1,742

3,745

553,511

484,570

In 2024, the company made an initial loan of €225,000 to Softlead Technologies Limited a Malta company, an additional amount of €264,000 was loaned during 2025. Interest was charged at 6%, and is unsecured and repayable on demand.

As at 31 December 2025, the balance was €489,000 (2024: €225,000), with interest of €34,356 (2024: €7,956) due.

In 2024, the company made a loan of €200,000 to Square Media Limited, interest was charged at Bank of England base rate, is unsecured and repayable on demand.

€175,455 was repaid in September 2024, leaving a balance of €24,545, interest of €3,868 (2024: €2,824) was due at 31 December 2025.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

€

€

Trade creditors

-

1

Other creditors

154,665

2,665

Loans and payables

44,550

38,700

Accrued expenses

974

1,028

200,189

42,394

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

€

€

1

Ordinary

GBP 1.00

1

1