1 30/06/2023 2023-06-30 false false false false false false false false false false true false false true false false false false true false false No description of principal activities is disclosed 2022-07-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 05482178 2022-07-01 2023-06-30 05482178 2023-06-30 05482178 2022-06-30 05482178 2021-07-01 2022-06-30 05482178 2022-06-30 05482178 bus:RegisteredOffice 2022-07-01 2023-06-30 05482178 bus:LeadAgentIfApplicable 2022-07-01 2023-06-30 05482178 bus:Director1 2022-07-01 2023-06-30 05482178 bus:CompanySecretary1 2022-07-01 2023-06-30 05482178 core:FurnitureFittingsToolsEquipment 2022-06-30 05482178 core:FurnitureFittingsToolsEquipment 2023-06-30 05482178 core:WithinOneYear 2023-06-30 05482178 core:WithinOneYear 2022-06-30 05482178 core:ShareCapital 2023-06-30 05482178 core:ShareCapital 2022-06-30 05482178 core:RetainedEarningsAccumulatedLosses 2023-06-30 05482178 core:RetainedEarningsAccumulatedLosses 2022-06-30 05482178 core:FurnitureFittingsToolsEquipment 2022-07-01 2023-06-30 05482178 core:FurnitureFittingsToolsEquipment 2022-06-30 05482178 bus:SmallEntities 2022-07-01 2023-06-30 05482178 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 05482178 bus:FullAccounts 2022-07-01 2023-06-30 05482178 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 05482178 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
Company registration number: 05482178
Jan Molby Sports Media Limited
Unaudited filleted financial statements
30 June 2023
Jan Molby Sports Media Limited
Contents
Directors and other information
Accountant's report
Statement of financial position
Notes to the financial statements
Jan Molby Sports Media Limited
Directors and other information
Director J Molby
Secretary M Molby
Company number 05482178
Registered office 392-394 Hoylake Road
Moreton
Wirral
CH46 6DF
Accountant Hailwood & Co.
392-394 Hoylake Road
Moreton
Wirral
CH46 6DF
Jan Molby Sports Media Limited
Chartered accountant's report to the director on the preparation of the
unaudited statutory financial statements of Jan Molby Sports Media Limited
Year ended 30 June 2023
As described on the Statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 30 June 2023, as set out on pages 3 to 6.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Hailwood & Co.
Chartered Accountants
392-394 Hoylake Road
Moreton
Wirral
CH46 6DF
31 October 2023
Jan Molby Sports Media Limited
Statement of financial position
30 June 2023
2023 2022
Note £ £ £ £
Fixed assets
Tangible assets 5 20,238 26,244
_______ _______
20,238 26,244
Current assets
Debtors 6 196,870 159,301
Cash at bank and in hand 947 80
_______ _______
197,817 159,381
Creditors: amounts falling due
within one year 7 ( 217,405) ( 152,306)
_______ _______
Net current (liabilities)/assets ( 19,588) 7,075
_______ _______
Total assets less current liabilities 650 33,319
_______ _______
Net assets 650 33,319
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account 550 33,219
_______ _______
Shareholders funds 650 33,319
_______ _______
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 31 October 2023 , and are signed on behalf of the board by:
J Molby
Director
Company registration number: 05482178
Jan Molby Sports Media Limited
Notes to the financial statements
Year ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 392-394 Hoylake Road, Moreton, Wirral, CH46 6DF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 July 2022 56,304 56,304
Additions 740 740
_______ _______
At 30 June 2023 57,044 57,044
_______ _______
Depreciation
At 1 July 2022 30,060 30,060
Charge for the year 6,746 6,746
_______ _______
At 30 June 2023 36,806 36,806
_______ _______
Carrying amount
At 30 June 2023 20,238 20,238
_______ _______
At 30 June 2022 26,244 26,244
_______ _______
6. Debtors
2023 2022
£ £
Other debtors 196,870 159,301
_______ _______
7. Creditors: amounts falling due within one year
2023 2022
£ £
Corporation tax 214,769 149,682
Social security and other taxes - 111
Other creditors 2,636 2,513
_______ _______
217,405 152,306
_______ _______
8. Controlling party
The company is controlled by the director whose name is shown on the directors report on page 1.
9. Directors' advances, credits and guarantees
All movements on directors' advances, credits and guarantees, were as would be expected under normal market conditions, not material in terms of risk or benefits arising and would therefore not influence the users of these accounts when assessing the financial position of the company.