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REGISTERED NUMBER: 01747470 (England and Wales)














MARCH MEDIA LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2021






MARCH MEDIA LIMITED (REGISTERED NUMBER: 01747470)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MARCH MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2021







DIRECTOR: A .T. Luff



REGISTERED OFFICE: 137, Station Road,
Chingford,
London
E4 6AG



REGISTERED NUMBER: 01747470 (England and Wales)



ACCOUNTANTS: Cobbin Floyd Ltd
t/as Findlay Wetherfield Scott & Co
Chartered Accountants
137, Station Road,
Chingford,
London
E4 6AG



BANKERS: Barclays Bank plc.,
9, Portman Square,
London,
W1A 3AL

MARCH MEDIA LIMITED (REGISTERED NUMBER: 01747470)

BALANCE SHEET
31ST DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 109,042 109,081

CURRENT ASSETS
Debtors 5 29,553 28,540
Cash at bank 962 7,700
30,515 36,240
CREDITORS
Amounts falling due within one year 6 12,137 13,407
NET CURRENT ASSETS 18,378 22,833
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,420

131,914

CAPITAL AND RESERVES
Called up share capital 61,250 61,250
Share premium 60,009 60,009
Retained earnings 6,161 10,655
SHAREHOLDERS' FUNDS 127,420 131,914

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31st August 2022 and were signed by:





A .T. Luff - Director


MARCH MEDIA LIMITED (REGISTERED NUMBER: 01747470)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021

1. STATUTORY INFORMATION

March Media Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 10% on cost

Long leasehold premises and the freehold reversion for the property from which the company operates are investment properties and are not depreciated.
No assets have been revalued as required by FRS 102 and all are stated at historic cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

MARCH MEDIA LIMITED (REGISTERED NUMBER: 01747470)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2021

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Short Plant and and
property leasehold machinery fittings Totals
£    £    £    £    £   
Cost
At 1st January 2021
and 31st December 2021 15,298 89,517 2,474 23,220 130,509
Depreciation
At 1st January 2021 - - 2,472 18,956 21,428
Charge for year - - - 39 39
At 31st December 2021 - - 2,472 18,995 21,467
Net book value
At 31st December 2021 15,298 89,517 2 4,225 109,042
At 31st December 2020 15,298 89,517 2 4,264 109,081

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other debtors 29,553 27,933
Taxes - 240
Prepayments - 367
29,553 28,540

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other creditors 2,418 3,694
Loans 8,714 8,714
Accrued expenses 1,005 999
12,137 13,407

7. ULTIMATE CONTROLLING PARTY

The controlling party is A.T.Luff, the director, by virtue of his ownership of the whole of the company's issued ordinary share capital.