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REGISTERED NUMBER: 11140481 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

MEDIA IN & OUT LTD

MEDIA IN & OUT LTD (REGISTERED NUMBER: 11140481)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MEDIA IN & OUT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: Mr W W Witkowski





REGISTERED OFFICE: 8 Odeon Parade
480 London Road
Isleworth
Middlesex
TW7 4RL





REGISTERED NUMBER: 11140481 (England and Wales)





ACCOUNTANTS: David Simon Limited
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

MEDIA IN & OUT LTD (REGISTERED NUMBER: 11140481)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,413 3,822
Investments 5 100 100
2,513 3,922

CURRENT ASSETS
Debtors 6 98,162 117,439
Cash at bank and in hand 10,453 10,840
108,615 128,279
CREDITORS
Amounts falling due within one year 7 371,612 145,761
NET CURRENT LIABILITIES (262,997 ) (17,482 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(260,484

)

(13,560

)

CREDITORS
Amounts falling due after more than one
year

8

30,809

34,818
NET LIABILITIES (291,293 ) (48,378 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (291,393 ) (48,478 )
SHAREHOLDERS' FUNDS (291,293 ) (48,378 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 April 2024 and were signed by:





Mr W W Witkowski - Director


MEDIA IN & OUT LTD (REGISTERED NUMBER: 11140481)

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

1. STATUTORY INFORMATION

Media In & Out 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery etc - 33.33% on cost and 20% on reducing balance

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 statement of financial position date.

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.

Grants receivable
Business grants are credited to profit and loss account on an accruals basis where it is probable that they will be received.

Government assisted loans
Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 7 ) .

MEDIA IN & OUT LTD (REGISTERED NUMBER: 11140481)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 5,832
DEPRECIATION
At 1 February 2022 2,010
Charge for year 1,409
At 31 January 2023 3,419
NET BOOK VALUE
At 31 January 2023 2,413
At 31 January 2022 3,822

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2022
and 31 January 2023 100
NET BOOK VALUE
At 31 January 2023 100
At 31 January 2022 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 13,216 47,870
Other debtors 84,946 69,569
98,162 117,439

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,768 9,669
Trade creditors 329,738 56,645
Taxation and social security 427 43,639
Other creditors 31,679 35,808
371,612 145,761

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 30,809 34,818

9. RELATED PARTY DISCLOSURES

Included in debtors is an amount of £71,492 (2022: £69,569) due to a company in which the director has an interest.

MEDIA IN & OUT LTD (REGISTERED NUMBER: 11140481)

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

10. ULTIMATE PARENT COMPANY

The immediate parent company is Sara-Int Ltd, a company in which the director has a material interest.