Overthrow Digital Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 05233141

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		16,578		18,740
Investments	5		-		131,269

			16,578		150,009
CURRENT ASSETS
Debtors	6	1,033,598		582,717

		1,033,598		582,717
Creditors: Amounts Falling Due Within One Year	7	(302,017 )		(271,011 )

NET CURRENT ASSETS (LIABILITIES)			731,581		311,706

TOTAL ASSETS LESS CURRENT LIABILITIES			748,159		461,715

Creditors: Amounts Falling Due After More Than One Year	8		-		(3,154 )

NET ASSETS			748,159		458,561

CAPITAL AND RESERVES
Called up share capital			100		100
Share premium account			500		500
Profit and Loss Account			747,559		457,961

SHAREHOLDERS' FUNDS			748,159		458,561

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Overthrow Digital Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Towning

Director

6 November 2025

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

1. General Information

Overthrow Digital Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 05233141 . The registered office is 86-90 Paul Street, London, EC2A 4NE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and

value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of

services.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of

the goods have transferred to the buyer. Turnover from the rendering of services is recognised by

reference to the stage of completion of the contract. The stage of completion of a contract is measured

by comparing the costs incurred for work performed to date to the total estimated contract costs.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are software development. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

...CONTINUED

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Overthrow Digital Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Taxation - continued

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.7. Investments in Subsidiary Undertakings

Investments in subsidiary undertakings are included in the financial statements at cost less any provision for impairment.

Where there is objective evidence that an investment has been impaired, its carrying amount is reduced to the estimated recoverable amount, and the impairment loss is recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 6)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	21,615

As at 31 March 2025	21,615

Amortisation
As at 1 April 2024	2,875
Provided during the period	2,162

As at 31 March 2025	5,037

Net Book Value
As at 31 March 2025	16,578

As at 1 April 2024	18,740

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Overthrow Digital Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investments

	Subsidiaries
	£
Cost
As at 1 April 2024	131,269

As at 31 March 2025	131,269

Provision
As at 1 April 2024	-
Impairment losses	131,269

As at 31 March 2025	131,269

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	131,269

Hyphen Technology Limited

The company held 100% of the share capital in Hyphen Technology Limited.

The company ceased trading on 31 March 2025.

6. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	144	7,088
Amounts owed by group undertakings	1,028,329	574,899
Other debtors	5,125	730

	1,033,598	582,717

7. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	107,225	109,792
Bank loans and overdrafts	21,392	20,384
Amounts owed to group undertakings	123,080	118,691
Other creditors	40,806	1,789
Taxation and social security	9,514	20,355

	302,017	271,011

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Overthrow Digital Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024 as restated
	£	£
Bank loans	-	3,154

9. Related Party Transactions

Fortune Media Limited

During the period, a loan due from the group undertaking of £3,154 was written off.

Hyphen Technology Limited

During the period, a loan due to the group undertaking of £2,316 was written off.

10. Ultimate Controlling Party

The ultimate controlling party of the company is Konekt Group Ltd. The registered address of the controlling party is 3rd Floor 86-90 Paul Street, London, England, EC2A 4NE.

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