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REGISTERED NUMBER: 08525793 (England and Wales)











Unaudited Financial Statements

for the Year Ended 5 April 2023

for

Mabo Media Ltd

Mabo Media Ltd (Registered number: 08525793)






Contents of the Financial Statements
for the Year Ended 5 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Mabo Media Ltd

Company Information
for the Year Ended 5 April 2023







DIRECTORS: L Mableson
D Yates
R M Jackson
Mrs E Mableson





REGISTERED OFFICE: 16-26 Albert Road
Middlesbrough
Cleveland
TS1 1PR





REGISTERED NUMBER: 08525793 (England and Wales)





ACCOUNTANTS: Wasley Chapman LLP
Chartered Accountants
5 Bobbies Bank
Whitby
North Yorkshire
YO21 1EF

Mabo Media Ltd (Registered number: 08525793)

Balance Sheet
5 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,006 69,437

CURRENT ASSETS
Debtors 5 90,910 79,542
Cash at bank 984,694 999,604
1,075,604 1,079,146
CREDITORS
Amounts falling due within one year 6 156,772 171,643
NET CURRENT ASSETS 918,832 907,503
TOTAL ASSETS LESS CURRENT
LIABILITIES

978,838

976,940

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 977,838 975,940
978,838 976,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by:





L Mableson - Director


Mabo Media Ltd (Registered number: 08525793)

Notes to the Financial Statements
for the Year Ended 5 April 2023

1. STATUTORY INFORMATION

Mabo Media 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.

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.

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 70 (2022 - 73 ) .

Mabo Media Ltd (Registered number: 08525793)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 6 April 2022 6,699 61,788 13,151 48,458 130,096
Additions - 4,207 - - 4,207
At 5 April 2023 6,699 65,995 13,151 48,458 134,303
DEPRECIATION
At 6 April 2022 1,237 22,204 10,355 26,863 60,659
Charge for year 1,366 6,174 699 5,399 13,638
At 5 April 2023 2,603 28,378 11,054 32,262 74,297
NET BOOK VALUE
At 5 April 2023 4,096 37,617 2,097 16,196 60,006
At 5 April 2022 5,462 39,584 2,796 21,595 69,437

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 48,910 37,542
Other debtors 42,000 42,000
90,910 79,542

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 152,652 168,141
Other creditors 4,120 3,502
156,772 171,643