1 September 2020 false No description of principal activity Taxfiler 2022.8.3 05196896business:PrivateLimitedCompanyLtd2020-09-012021-08-31 051968962020-08-31 051968962020-09-012021-08-31 05196896business:AuditExempt-NoAccountantsReport2020-09-012021-08-31 05196896business:FullAccounts2020-09-012021-08-31 051968962021-08-31 05196896business:Director12020-09-012021-08-31 05196896business:Director22020-09-012021-08-31 05196896business:RegisteredOffice2020-09-012021-08-31 051968962020-08-31 05196896core:WithinOneYear2021-08-31 05196896core:WithinOneYear2020-08-31 05196896core:AfterOneYear2021-08-31 05196896core:AfterOneYear2020-08-31 05196896core:ShareCapital2021-08-31 05196896core:ShareCapital2020-08-31 05196896core:RetainedEarningsAccumulatedLosses2021-08-31 05196896core:RetainedEarningsAccumulatedLosses2020-08-31 05196896business:SmallEntities2020-09-012021-08-31 05196896countries:EnglandWales2020-09-012021-08-31 05196896core:ComputerEquipment2020-09-012021-08-31 05196896core:PlantMachinery2020-08-31 05196896core:ComputerEquipment2020-08-31 05196896core:PlantMachinery2021-08-31 05196896core:ComputerEquipment2021-08-31 05196896core:PlantMachinery2020-09-012021-08-31 05196896business:OrdinaryShareClass12020-09-012021-08-31 05196896business:OrdinaryShareClass12019-09-012020-08-31 05196896business:Director112020-09-012021-08-31 05196896business:Director112020-08-31 05196896business:Director112021-08-31 05196896business:Director222020-09-012021-08-31 05196896business:Director222020-08-31 05196896business:Director222021-08-31 051968962019-09-012020-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05196896 (England and Wales)
Small Giant Media Ltd Unaudited accounts for the year ended 31 August 2021
Small Giant Media Ltd Unaudited accounts Contents
Page
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Small Giant Media Ltd Company Information for the year ended 31 August 2021
Directors
Timothy Banks Stephen Green
Company Number
05196896 (England and Wales)
Registered Office
Cobbs Mill House Mill Lane Hurstpierpoint West Sussex BN6 9HN United Kingdom
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Small Giant Media Ltd Statement of financial position as at 31 August 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
253 
453 
Current assets
Debtors
45,635 
39,860 
Cash at bank and in hand
18,254 
13,568 
63,889 
53,428 
Creditors: amounts falling due within one year
(44,506)
(33,197)
Net current assets
19,383 
20,231 
Total assets less current liabilities
19,636 
20,684 
Creditors: amounts falling due after more than one year
(19,290)
(20,000)
Net assets
346 
684 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
344 
682 
Shareholders' funds
346 
684 
For the year ending 31 August 2021 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2022 and were signed on its behalf by
Timothy Banks Director Company Registration No. 05196896
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Small Giant Media Ltd Notes to the Accounts for the year ended 31 August 2021
1
Statutory information
Small Giant Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 05196896. The registered office is Cobbs Mill House, Mill Lane, Hurstpierpoint, West Sussex, BN6 9HN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on a straight line basis
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2020
330 
469 
799 
At 31 August 2021
330 
469 
799 
Depreciation
At 1 September 2020
83 
263 
346 
Charge for the year
83 
117 
200 
At 31 August 2021
166 
380 
546 
Net book value
At 31 August 2021
164 
89 
253 
At 31 August 2020
247 
206 
453 
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Small Giant Media Ltd Notes to the Accounts for the year ended 31 August 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
2,800 
13,400 
Accrued income and prepayments
6,246 
- 
Other debtors
36,589 
26,460 
45,635 
39,860 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
5,260 
4,755 
Trade creditors
375 
- 
Taxes and social security
38,061 
27,382 
Other creditors
60 
60 
Accruals
750 
1,000 
44,506 
33,197 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
19,290 
20,000 
8
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors Loan account
6,909 
32,061 
27,376 
11,594 
Directors Loan account
10,792 
30,548 
27,589 
13,751 
17,701 
62,609 
54,965 
25,345 
10
Average number of employees
During the year the average number of employees was 2 (2020: 2).
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