ACCOUNTS - Final Accounts preparation

Registered number: 14136969

COINMATCH LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2025

COINMATCH LTD

REGISTERED NUMBER: 14136969

BALANCE SHEET

AS AT 31 MAY 2025

		As restated
	2025	2024
Note	£	£

Fixed assets
Tangible assets	4		1,185		1,582
Investments			2,261		2,261
			3,446		3,843

Creditors: amounts falling due within one year	6	(112,900)		(108,714)
Net current liabilities			(112,900)		(108,714)
Total assets less current liabilities			(109,454)		(104,871)

Net liabilities			(109,454)		(104,871)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(109,554)	(104,971)
	(109,454)	(104,871)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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COINMATCH LTD

REGISTERED NUMBER: 14136969

BALANCE SHEET (CONTINUED)

AS AT 31 MAY 2025

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

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 November 2026.

T Braz Do Carmo Benhami

Director

The notes on pages 3 to 6 form part of these financial statements.

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COINMATCH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1.	General information

Coinmatch Ltd ("the Company") is a private company limited by shares and incorporated in England and Wales. The address of the registered office is 77 Farringdon Road, 4th Floor, Office 411, London, England, EC1M 3JU.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

These financial statements have been prepared on the going concern basis. The company incurred a
loss of £4,583 during the period and net liabilities of £109,454 as at 31 May 2025 indicating that
a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a
going concern.

As part of its going concern review, the director has followed the guidelines published by the
Financial Reporting Council entitled ''Guidance on the Going Concern Basis of Accounting and
Reporting on Solvency and Liquidity Risks''. The directors have a reasonable expectation that the
company will have adequate resources to continue in operational existence for the foreseeable
future. Thus the directors continue to adopt the going concern basis of accounting in preparing
theannual financial statements.

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COINMATCH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery

25%

on a reducing balance basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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COINMATCH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

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

4.	Tangible fixed assets

		Plant and machinery
		£
	Cost or valuation
	At 1 June 2024	2,812
	At 31 May 2025	2,812
	Depreciation
	At 1 June 2024	1,230
	Charge for the year on owned assets	397
	At 31 May 2025	1,627
	Net book value
	At 31 May 2025	1,185
	At 31 May 2024	1,582

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COINMATCH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

5.	Fixed asset investments (as restated)

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 June 2024	2,261
	At 31 May 2025	2,261

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	-	5
Trade creditors	-	1,126
Amounts owed to group undertakings	109,408	77,007
Other creditors	1,092	26,092
Accruals and deferred income	2,400	4,484
	112,900	108,714

7.	Related party transactions
	At the year end the company owed the directors £nil (2024 - £1,092). At the year end the company owed it's parent company £107,147 (2024 - £74,746). At the year end the company owed it's subsidiary company £2,261 (2024 - £2,261).

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