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REGISTERED NUMBER: 09985600 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

26 SEVEN MEDIA LIMITED

26 SEVEN MEDIA LIMITED (Registered number: 09985600)






Contents of the Financial Statements
for the Year Ended 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


26 SEVEN MEDIA LIMITED

Company Information
for the Year Ended 28 FEBRUARY 2023







DIRECTOR: S R Philpott





REGISTERED OFFICE: Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: 09985600 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
Chartered Accountants
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

26 SEVEN MEDIA LIMITED (Registered number: 09985600)

Balance Sheet
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,913 3,243

CURRENT ASSETS
Debtors 5 190,019 9,119
Cash at bank 29,579 51,103
219,598 60,222
CREDITORS
Amounts falling due within one year 6 78,544 27,244
NET CURRENT ASSETS 141,054 32,978
TOTAL ASSETS LESS CURRENT
LIABILITIES

143,967

36,221

PROVISIONS FOR LIABILITIES 7 728 616
NET ASSETS 143,239 35,605

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 143,139 35,505
SHAREHOLDERS' FUNDS 143,239 35,605

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

26 SEVEN MEDIA LIMITED (Registered number: 09985600)

Balance Sheet - continued
28 FEBRUARY 2023


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 10 November 2023 and were signed by:





S R Philpott - Director


26 SEVEN MEDIA LIMITED (Registered number: 09985600)

Notes to the Financial Statements
for the Year Ended 28 FEBRUARY 2023

1. STATUTORY INFORMATION

26 SEVEN 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 25% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

26 SEVEN MEDIA LIMITED (Registered number: 09985600)

Notes to the Financial Statements - continued
for the Year Ended 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
& equipment
£   
COST
At 1 March 2022 6,751
Additions 641
At 28 February 2023 7,392
DEPRECIATION
At 1 March 2022 3,508
Charge for year 971
At 28 February 2023 4,479
NET BOOK VALUE
At 28 February 2023 2,913
At 28 February 2022 3,243

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 187,880 8,710
Loan to director 1,692 -
Prepayments 447 409
190,019 9,119

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 3,139 -
Tax 36,683 16,644
Social security and other taxes 2,131 1,924
VAT 35,141 6,661
Directors' current accounts - 753
Accrued expenses 1,450 1,262
78,544 27,244

7. PROVISIONS FOR LIABILITIES
28.2.23 28.2.22
£    £   
Deferred tax
Accelerated capital allowances 728 616

26 SEVEN MEDIA LIMITED (Registered number: 09985600)

Notes to the Financial Statements - continued
for the Year Ended 28 FEBRUARY 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 March 2022 616
Provided during year 112
Balance at 28 February 2023 728

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 100 100

9. ULTIMATE CONTROLLING PARTY

The controlling party is S R Philpott.