2023-01-012023-12-312023-12-31false082044322FAR MEDIA 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2FAR MEDIA LTD

Registered Number
08204432
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

2FAR MEDIA LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

AGBAJE, Abimbola Rukaya

Registered Address

320 City Road
London
EC1V 2NZ

Registered Number

08204432 (England and Wales)
2FAR MEDIA LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors600-
Cash at bank and on hand83-
683-
Creditors amounts falling due within one year(49,151)(38,950)
Net current assets (liabilities)(48,468)(38,950)
Total assets less current liabilities(48,468)(38,950)
Creditors amounts falling due after one year(39,894)(42,635)
Net assets(88,362)(81,585)
Capital and reserves
Called up share capital33
Profit and loss account(88,365)(81,588)
Shareholders' funds(88,362)(81,585)
The financial statements were approved and authorised for issue by the Director on 21 February 2024, and are signed on its behalf by:
AGBAJE, Abimbola Rukaya
Director
Registered Company No. 08204432
2FAR MEDIA LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20232022
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 January 234,147
At 31 December 234,147
Depreciation and impairment
At 01 January 234,147
At 31 December 234,147
Net book value
At 31 December 23-
At 31 December 22-