POSITIVE MEDIA GROUP LIMITED

Company Registration Number:
04513027 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

POSITIVE MEDIA GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

POSITIVE MEDIA GROUP LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 0 1,875
Tangible assets: 4 10,185 12,376
Total fixed assets: 10,185 14,251
Current assets
Debtors:   207,596 205,622
Cash at bank and in hand: 129 129
Total current assets: 207,725 205,751
Creditors: amounts falling due within one year: 5 (305,868) (257,966)
Net current assets (liabilities): (98,143) (52,215)
Total assets less current liabilities: (87,958) (37,964)
Creditors: amounts falling due after more than one year: 6 (21,667) (31,667)
Total net assets (liabilities): (109,625) (69,631)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (109,627) (69,633)
Shareholders funds: (109,625) (69,631)

The notes form part of these financial statements

POSITIVE MEDIA GROUP LIMITED

Balance sheet statements

For the year ending 30 June 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.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 March 2024
and signed on behalf of the board by:

Name: James Hill
Status: Director

The notes form part of these financial statements

POSITIVE MEDIA GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

POSITIVE MEDIA GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 7 7

POSITIVE MEDIA GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible Assets

Total
Cost £
At 01 July 2022 150,000
At 30 June 2023 150,000
Amortisation
At 01 July 2022 148,125
Charge for year 1,875
At 30 June 2023 150,000
Net book value
At 30 June 2023 0
At 30 June 2022 1,875

POSITIVE MEDIA GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 38,236
At 30 June 2023 38,236
Depreciation
At 01 July 2022 25,860
Charge for year 2,191
At 30 June 2023 28,051
Net book value
At 30 June 2023 10,185
At 30 June 2022 12,376

POSITIVE MEDIA GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Creditors: amounts falling due within one year note

Bank Loan £10,000.Overdraft £8,072.Credit Card £3,000.Trade £36,821.Deferred Income £19,043.Vat £15,619.Social Security £19,860.Other £952.Accruals £5,350.Director Current Account £187,152.Total £305,868

POSITIVE MEDIA GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Creditors: amounts falling due after more than one year note

Bank Loan £21,667