2022-06-01 2023-05-31 02812655 COACH HOUSE MEDIA LIMITED false 02812655 2022-06-01 2023-05-31 02812655 uk-bus:Director1 2022-06-01 2023-05-31 02812655 uk-bus:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 02812655 uk-bus:SmallEntities 2022-06-01 2023-05-31 02812655 uk-bus:FullAccounts 2022-06-01 2023-05-31 02812655 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 02812655 2022-06-01 02812655 2023-05-31 02812655 2022-05-31 xbrli:pure iso4217:GBP 02812655 2021-06-01 2022-05-31
Company Registration Number : 02812655 (England and Wales)
02812655
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-05-31
false
COACH HOUSE MEDIA LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-06-01
COACH HOUSE MEDIA LIMITED
Unaudited filleted financial statements
For the year ended 31 May 2023
COACH HOUSE MEDIA LIMITED
Contents
For the year ended 31 May 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 7


COACH HOUSE MEDIA LIMITED
Company Information
For the year ended 31 May 2023

Company registration number 02812655 (England and Wales)
Directors Judy Elizabeth Peacock
David Neville Watts
Registered office address 27 Shenley Pavilions, Chalkdell Drive
Shenley Wood
Milton Keynes
MK5 6LB
Accountant Cloudco Accountancy Group
Chartered Management Accountants
Suite 415C
Margaret Powell House
MK9 3BN
COACH HOUSE MEDIA LIMITED
Statement of Financial Position
For the year ended 31 May 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 1,142 1,803
10 1,142 1,803
Current assets
Debtors 5 119,225 168,193
Cash and cash equivalents 6 364,200 317,617
483,425 485,810
Current liabilities
Creditors: Amounts falling due within one year 7 (85,780) (91,679)
Corporation tax payable (20,833) (29,874)
(106,612) (121,554)
Net current assets/(liabilities) 376,813 364,256
Total assets less current liabilities 377,955 366,059
Non-current liabilities
Creditors: Amounts falling due after more than one year 8 (20,833) (30,833)
Net assets/(liabilities) 357,122 335,225
Capital and reserves
Called up share capital 9 35,210 35,210
Retained earnings 321,912 300,015
Shareholder's funds 357,122 335,225
For the year ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 May 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 directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 23 November 2023
.............................
David Neville Watts (Director)
Company registration number: 02812655
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-05-31 31 May 2023
2023 2022
£ £
Fixed Assets 1,142 1,803
Current Assets 480,418 484,603
Prepayments and accrued income 3,007 1,207
Creditors: amounts falling due within one year (106,612) (121,554)
Net current assets (liabilities) 376,813 364,256
Total assets less current liabilities 377,955 366,059
CREDITORS: Amounts falling due more than one year (20,833) (30,833)
Net Assets (liabilities) 357,122 335,225
Capital and Reserves 357,122 335,225
For the year ending 5/31/2023 the company was entitled to exemption 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. For the year ending 31-05-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 23 November 2023 2023-11-23 and signed on behalf of the board,
.............................
David Neville Watts
Director
Company registration number: 02812655
COACH HOUSE MEDIA LIMITED
Notes to the Financial Statements
For the year ended 31 May 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 27 Shenley Pavilions, Chalkdell Drive, Shenley Wood, Milton Keynes, MK5 6LB.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
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 discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment33% straight line
Motor Cars
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases.

The company as lessee

Assets held under finance leases are initially recognised as assets of the company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in the income statement.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases,the aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis over the lease period.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Employees
During the year, the average number of employees including director was 7 (2022 : 7).

(5) Debtors
Amounts falling due within one year
2023 2022
£ £
Trade debtors 90,851 139,097
Other debtors 25,367 27,889
Prepayments and accrued income 3,007 1,207
119,225 168,193

(6) Cash and cash equivalents
2023 2022
£ £
Bank balance 364,031 316,348
Other cash equivalents 169 1,269
364,200 317,617

(7) Creditors: Amounts falling due within one year
2023 2022
£ £
Trade creditors 72,358 78,179
Bank loans and overdrafts 10,000 10,000
Other taxes and social security 2,513 2,555
Other creditors 909 946
85,780 91,680

(8) Creditors: Amounts falling due after more than one year
2023 2022
£ £
Bank loans and overdrafts 20,833 30,833
20,833 30,833

(9) Share capital and reserves
Alloted,called up and fully paid: 2023 2022
£ £
35,000 (2022 : 35,000) Ordinary shares of £ 1 each35,00035,000
100 (2022 : 100) A Ordinary shares of £ 1 each100100
100 (2022 : 100) B Ordinary shares of £ 1 each100100
10 (2022 : 10) C Ordinary shares of £ 1 each1010
35,210 35,210
Retained earnings 2023
£
At 1 June 2022 285,016
Profit of the year 83,196
Dividends paid (61,300)
At 31 May 2023 306,912

(10) Fixed assets
Tangible

£
Cost
As at 01 June 20225,528
Disposals(3,529)
As at 31 May 20231,999
Depreciation/Amortisation
As at 01 June 20223,726
For the year660
Write off on disposals(3,529)
As at 31 May 2023857
Net book value
As at 31 May 20231,142
As at 31 May 20221,802