1 April 2021 false No description of principal activity Taxfiler 2022.8.3 10202404business:PrivateLimitedCompanyLtd2021-04-012022-03-31 102024042021-03-31 102024042021-04-012022-03-31 10202404business:AuditExemptWithAccountantsReport2021-04-012022-03-31 10202404business:FullAccounts2021-04-012022-03-31 102024042022-03-31 10202404business:Director12021-04-012022-03-31 10202404business:Director22021-04-012022-03-31 10202404business:RegisteredOffice2021-04-012022-03-31 102024042021-03-31 10202404core:WithinOneYear2022-03-31 10202404core:WithinOneYear2021-03-31 10202404core:ShareCapital2022-03-31 10202404core:ShareCapital2021-03-31 10202404core:RetainedEarningsAccumulatedLosses2022-03-31 10202404core:RetainedEarningsAccumulatedLosses2021-03-31 10202404business:SmallEntities2021-04-012022-03-31 10202404countries:EnglandWales2021-04-012022-03-31 10202404core:ComputerEquipment2021-04-012022-03-31 10202404core:IntangibleAssetsOtherThanGoodwill2021-03-31 10202404core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-31 10202404core:IntangibleAssetsOtherThanGoodwill2022-03-31 10202404core:ComputerEquipment2021-03-31 10202404core:ComputerEquipment2022-03-31 10202404business:OrdinaryShareClass12021-04-012022-03-31 10202404business:OrdinaryShareClass12020-04-012021-03-31 102024042020-04-012021-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10202404 (England and Wales)
CI Media LTD Unaudited accounts for the year ended 31 March 2022
CI Media LTD Unaudited accounts Contents
Page
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CI Media LTD Company Information for the year ended 31 March 2022
Directors
Lewis Neil Ogden Suzanne Ogden
Company Number
10202404 (England and Wales)
Registered Office
23 Hermitage Drive Holmes Chapel Crewe Cheshire CW4 7NP England
Accountants
SyK Management Consulting Limited 2A Thornton Road London SW14 8NS
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CI Media LTD Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
71,317 
71,390 
Tangible assets
2,026 
898 
73,343 
72,288 
Current assets
Debtors
62,582 
16,529 
Cash at bank and in hand
291,704 
22,741 
354,286 
39,270 
Creditors: amounts falling due within one year
(94,927)
(76,171)
Net current assets/(liabilities)
259,359 
(36,901)
Net assets
332,702 
35,387 
Capital and reserves
Called up share capital
5 
5 
Profit and loss account
332,697 
35,382 
Shareholders' funds
332,702 
35,387 
For the year ending 31 March 2022 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 4 September 2022 and were signed on its behalf by
Lewis Neil Ogden Director Company Registration No. 10202404
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CI Media LTD Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
CI Media LTD is a private company, limited by shares, registered in England and Wales, registration number 10202404. The registered office is 23 Hermitage Drive, Holmes Chapel, Crewe, Cheshire, CW4 7NP, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Over 90% of the revenue is generated as Affiliate Commission Income from outside the EU; primarily the USA which is outside the scope of VAT.
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
Straight line over 3 years
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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CI Media LTD Notes to the Accounts for the year ended 31 March 2022
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2021
72,242 
Additions
5,625 
Disposals
(5,109)
At 31 March 2022
72,758 
Amortisation
At 1 April 2021
852 
On disposals
(190)
Charge for the year
779 
At 31 March 2022
1,441 
Net book value
At 31 March 2022
71,317 
At 31 March 2021
71,390 
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2021
3,623 
Additions
2,053 
Disposals
(869)
At 31 March 2022
4,807 
Depreciation
At 1 April 2021
2,725 
Charge for the year
925 
On disposals
(869)
At 31 March 2022
2,781 
Net book value
At 31 March 2022
2,026 
At 31 March 2021
898 
6
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
30,691 
16,529 
Other debtors
31,891 
- 
62,582 
16,529 
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CI Media LTD Notes to the Accounts for the year ended 31 March 2022
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
463 
300 
Taxes and social security
83,397 
11,256 
Other creditors
5,025 
3,200 
Loans from directors
5,442 
61,415 
Accruals
600 
- 
94,927 
76,171 
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
5 Ordinary shares of £1 each
5 
5 
9
Transactions with related parties
At the balance sheet date, the Company owed £4,580 to L Ogden, a director. At the balance sheet date, the Company owed £862 to S Ogden, a director.
10
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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