11 March 2022 false No description of principal activity Taxfiler 2023.9.1 13971514business:PrivateLimitedCompanyLtd2022-03-112023-03-31 139715142022-03-10 139715142022-03-112023-03-31 13971514business:AuditExemptWithAccountantsReport2022-03-112023-03-31 13971514business:FilletedAccounts2022-03-112023-03-31 139715142023-03-31 13971514business:Director12022-03-112023-03-31 13971514business:RegisteredOffice2022-03-112023-03-31 13971514core:WithinOneYear2023-03-31 13971514core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 13971514core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 13971514core:PreviouslyStatedAmount2023-03-31 13971514business:SmallEntities2022-03-112023-03-31 13971514countries:EnglandWales2022-03-112023-03-31 13971514core:ComputerEquipment2022-03-112023-03-31 13971514core:ComputerEquipment2022-03-10 13971514core:ComputerEquipment2023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13971514 (England and Wales)
LEM MEDIA LTD Unaudited accounts for the period from 11 March 2022 to 31 March 2023
LEM MEDIA LTD Unaudited accounts Contents
Page
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LEM MEDIA LTD Company Information for the period from 11 March 2022 to 31 March 2023
Director
L Mountford
Company Number
13971514 (England and Wales)
Registered Office
LYTCHETT HOUSE, 13 FREELAND PARK WAREHAM ROAD POOLE BH16 6FA ENGLAND
Accountants
Steele Financial Ltd Orion House, Axis 4/5 Woodlands, Bradley Stoke Bristol BS32 4JT
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LEM MEDIA LTD Statement of financial position as at 31 March 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
2,756 
Current assets
Cash at bank and in hand
192,850 
Creditors: amounts falling due within one year
(56,919)
Net current assets
135,931 
Net assets
138,687 
Capital and reserves
Called up share capital
1 
Profit and loss account
138,686 
Shareholders' funds
138,687 
For the period ending 31 March 2023 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 director acknowledges her 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 and authorised for issue on 16 October 2023 and were signed on its behalf by
L Mountford Director Company Registration No. 13971514
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LEM MEDIA LTD Notes to the Accounts for the period from 11 March 2022 to 31 March 2023
1
Statutory information
LEM MEDIA LTD is a private company, limited by shares, registered in England and Wales, registration number 13971514. The registered office is LYTCHETT HOUSE, 13 FREELAND PARK, WAREHAM ROAD, POOLE, BH16 6FA, 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 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. 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.
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% Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 11 March 2022
- 
Additions
3,281 
At 31 March 2023
3,281 
Depreciation
Charge for the period
525 
At 31 March 2023
525 
Net book value
At 31 March 2023
2,756 
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LEM MEDIA LTD Notes to the Accounts for the period from 11 March 2022 to 31 March 2023
5
Creditors: amounts falling due within one year
2023 
£ 
VAT
11,938 
Obligations under finance leases and hire purchase contracts
1,090 
Taxes and social security
43,032 
Loans from directors
859 
56,919 
6
Transactions with related parties
At the end of the financial year, the Company owed its' Director £861. This loan is interest free, and is repayable on demand.
7
Average number of employees
During the period the average number of employees was 0.
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