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REGISTERED NUMBER: 07059137 (England and Wales)





























FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

W11 MEDIA LIMITED

W11 MEDIA LIMITED (REGISTERED NUMBER: 07059137)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


W11 MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: N Pisani





REGISTERED OFFICE: 12 Sinclair Gardens
London
W14 0AT





REGISTERED NUMBER: 07059137 (England and Wales)





ACCOUNTANTS: Raffan and Golding
Chartered Accountants &
Chartered Tax Advisers
17 Short's Gardens
London
WC2H 9AT

W11 MEDIA LIMITED (REGISTERED NUMBER: 07059137)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 2,501 2,462

CURRENT ASSETS
Debtors 5 2,727 12,303
Cash at bank 89,033 87,226
91,760 99,529
CREDITORS
Amounts falling due within one year 6 7,026 14,011
NET CURRENT ASSETS 84,734 85,518
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,235

87,980

PROVISIONS FOR LIABILITIES 7 474 467
NET ASSETS 86,761 87,513

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 86,760 87,512
SHAREHOLDERS' FUNDS 86,761 87,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 22 December 2023 and were signed by:





N Pisani - Director


W11 MEDIA LIMITED (REGISTERED NUMBER: 07059137)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

W11 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 & equipment - 25% on cost
Computer equipment - 25% on 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.

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.

3. EMPLOYEES AND DIRECTORS

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

W11 MEDIA LIMITED (REGISTERED NUMBER: 07059137)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Fixtures & Computer
equipment equipment Totals
£ £ £
COST
At 1 April 2022 7,751 9,189 16,940
Additions - 1,166 1,166
At 31 March 2023 7,751 10,355 18,106
DEPRECIATION
At 1 April 2022 6,309 8,169 14,478
Charge for year 530 597 1,127
At 31 March 2023 6,839 8,766 15,605
NET BOOK VALUE
At 31 March 2023 912 1,589 2,501
At 31 March 2022 1,442 1,020 2,462

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors - 6,053
Other debtors 2,727 6,250
2,727 12,303

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 8 824
Taxation and social security 1,927 2,134
Other creditors 5,091 11,053
7,026 14,011

7. PROVISIONS FOR LIABILITIES
2023 2022
£ £
Deferred tax 474 467

Deferred tax
£
Balance at 1 April 2022 467
Charge to Income Statement during year 7
Balance at 31 March 2023 474

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N Pisani.