MA_UK_TOPCO_LIMITED - Accounts

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

MA UK Topco Limited is a private company limited by shares incorporated in England and Wales. The registered office is 8th Floor, 100 Bishopsgate, London, United Kingdom, EC2N 4AG.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. This is because the company did not have any trading activity during the current accounting period and will not have any trading activity in the twelve months following the approval of the financial statements. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

The current period figures relate to the period 5 March 2020 to 31 December 2020. As this is the first period of accounts, future periods will not be entirely comparable.

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The average monthly number of persons (including directors) employed by the company during the period was:

Details of the company's subsidiaries at 31 December 2020 are as follows:

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

The immediate parent company is Eastern Credit Management PTY Limited, a company incorporated in Australia. Its registered office address is Level 27 Governor Phillip Tower, 1 Farrer Place, Sydney, NSW 2000.

The ultimate controlling party is MA Financial Group Limited, a company incorporated in Australia. Its registered office address is Level 27 Governor Phillip Tower, 1 Farrer Place, Sydney, NSW 2000.