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REGISTERED NUMBER: 10636738 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Mottle Media Services Ltd

Mottle Media Services Ltd (Registered number: 10636738)

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


Mottle Media Services Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr M Phillips





REGISTERED OFFICE: Lewis House
Great Chesterford Court
Great Chesterford
Essex
CB10 1PF





BUSINESS ADDRESS: 9 Lyncroft Gardens
London
W13 9PU





REGISTERED NUMBER: 10636738 (England and Wales)

Mottle Media Services Ltd (Registered number: 10636738)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 5 416,886 411,071

CURRENT ASSETS
Debtors 6 24,000 24,000
Cash at bank 379,849 432,154
403,849 456,154
CREDITORS
Amounts falling due within one year 7 7,898 43,921
NET CURRENT ASSETS 395,951 412,233
TOTAL ASSETS LESS CURRENT
LIABILITIES

812,837

823,304

PROVISIONS FOR LIABILITIES 358 6,853
NET ASSETS 812,479 816,451

CAPITAL AND RESERVES
Called up share capital 1 1
Other reserves 1,528 29,218
Retained earnings 810,950 787,232
SHAREHOLDERS' FUNDS 812,479 816,451

Mottle Media Services Ltd (Registered number: 10636738)

Balance Sheet - continued
28 February 2023


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.

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 25 November 2023 and were signed by:





Mr M Phillips - Director


Mottle Media Services Ltd (Registered number: 10636738)

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


1. STATUTORY INFORMATION

Mottle Media Services Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Going concern
The Directors have assessed the current and future effects of COVID-19 on the Company. The Company has been able to continue to trade during the pandemic, on this basis, the Directors consider it appropriate to prepare the financial statements on a going concern basis.

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 the cost less estimated residual value of each asset over its estimated useful life.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised 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.


Mottle Media Services Ltd (Registered number: 10636738)

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


3. ACCOUNTING POLICIES - continued
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.

4. EMPLOYEES AND DIRECTORS

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 March 2022 411,071
Additions 39,999
Revaluations (34,184 )
At 28 February 2023 416,886
NET BOOK VALUE
At 28 February 2023 416,886
At 28 February 2022 411,071

Cost or valuation at 28 February 2023 is represented by:

Other
investments
£   
Valuation in 2020 1,420
Valuation in 2021 (3,315 )
Valuation in 2022 37,966
Valuation in 2023 (34,184 )
Cost 415,000
416,887

** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
LISTED INVESTMENTS

'COST' ACCOUNT TOTAL

Mottle Media Services Ltd (Registered number: 10636738)

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


5. FIXED ASSET INVESTMENTS - continued
Cost/valuation b/f 361,071
Additions 39,999
Revaluations (34,184 )
366,886

CLIENT SCREEN TOTAL = 366,887


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 24,000 24,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 6,071 43,859
Other creditors 1,827 62
7,898 43,921

Included within other creditors disclosed above is a balance of £1,827 (2022 - £62) in relation to directors loan accounts.