CAPITAL BUSINESS MEDIA LTD

Company Registration Number:
05306700 (England and Wales)

Unaudited abridged accounts for the year ended 30 December 2022

Period of accounts

Start date: 31 December 2021

End date: 30 December 2022

CAPITAL BUSINESS MEDIA LTD

Contents of the Financial Statements

for the Period Ended 30 December 2022

Balance sheet
Notes

CAPITAL BUSINESS MEDIA LTD

Balance sheet

As at 30 December 2022


Notes

2022

2021


£

£
Fixed assets
Intangible assets: 3 3,795,575 3,300,500
Tangible assets: 4 71,400 71,800
Total fixed assets: 3,866,975 3,372,300
Current assets
Debtors:   365,078 418,650
Cash at bank and in hand: 284,709 298,710
Total current assets: 649,787 717,360
Creditors: amounts falling due within one year:     (41,280)
Net current assets (liabilities): 649,787 676,080
Total assets less current liabilities: 4,516,762 4,048,380
Total net assets (liabilities): 4,516,762 4,048,380
Capital and reserves
Called up share capital: 50,000 50,000
Share premium account: 4,420,062 3,976,380
Profit and loss account: 46,700 22,000
Shareholders funds: 4,516,762 4,048,380

The notes form part of these financial statements

CAPITAL BUSINESS MEDIA LTD

Balance sheet statements

For the year ending 30 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 August 2023
and signed on behalf of the board by:

Name: Richard Alvin
Status: Director

The notes form part of these financial statements

CAPITAL BUSINESS MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CAPITAL BUSINESS MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 December 2022

2. Employees

2022 2021
Average number of employees during the period 14 13

CAPITAL BUSINESS MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 December 2022

3. Intangible Assets

Total
Cost £
At 31 December 2021 3,300,500
Revaluations 495,075
At 30 December 2022 3,795,575
Net book value
At 30 December 2022 3,795,575
At 30 December 2021 3,300,500

CAPITAL BUSINESS MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 December 2022

4. Tangible Assets

Total
Cost £
At 31 December 2021 71,800
Additions 14,000
At 30 December 2022 85,800
Depreciation
At 31 December 2021 0
Charge for year 14,400
At 30 December 2022 14,400
Net book value
At 30 December 2022 71,400
At 30 December 2021 71,800

CAPITAL BUSINESS MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 December 2022

5. Related party transactions

Name of the related party:
Relationship:
Group company transactions
Description of the Transaction: The company has purchased services from and sold services to companies held within the common Capital Business Media group ownership and control. Namely: tends Research Ltd, Inscription Ltd, Negotiis publishing Ltd, The Business Events and Awards Company Ltd and Scuderia Di Vincitori Ltd at commercially appropriate charging.
£
Balance at 31 December 2021 337,500
Balance at 30 December 2022 417,800
Name of the related party:
Relationship:
Director
Description of the Transaction: The company rents premises to operate within at an agreed fixed monthly basis within an ongoing 12 month rolling contract
£
Balance at 31 December 2021 3,600
Balance at 30 December 2022 3,600