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REGISTERED NUMBER: SC593585 (Scotland)















Unaudited Financial Statements

for the Period 1 July 2022 to 31 December 2022

for

The Lane Media Holdings Limited

The Lane Media Holdings Limited (Registered number: SC593585)






Contents of the Financial Statements
for the Period 1 July 2022 to 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Lane Media Holdings Limited

Company Information
for the Period 1 July 2022 to 31 December 2022







DIRECTORS: B A Fearn
Ms A R Findlay





REGISTERED OFFICE: Fettes Park
496 Ferry Road
Edinburgh
United Kingdom
EH5 2DL





REGISTERED NUMBER: SC593585 (Scotland)





ACCOUNTANTS: Douglas Home & Co Ltd
Chartered Accountants
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

The Lane Media Holdings Limited (Registered number: SC593585)

Balance Sheet
31 December 2022

31/12/22 30/6/22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 10,000 10,000

CURRENT ASSETS
Debtors 5 70,500 70,500
Cash at bank 21 21
70,521 70,521
CREDITORS
Amounts falling due within one year 6 1,008 533
NET CURRENT ASSETS 69,513 69,988
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,513

79,988

CAPITAL AND RESERVES
Called up share capital 7,778 7,778
Capital redemption reserve 2,222 2,222
Retained earnings 69,513 69,988
79,513 79,988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 November 2023 and were signed on its behalf by:




B A Fearn - Director


The Lane Media Holdings Limited (Registered number: SC593585)

Notes to the Financial Statements
for the Period 1 July 2022 to 31 December 2022

1. STATUTORY INFORMATION

The Lane Media Holdings Limited is a private company, limited by shares , registered in Scotland. 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.

Taxation
Taxation for the period 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 period 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 period was NIL (2022 - 2 ).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2022
and 31 December 2022 10,000
NET BOOK VALUE
At 31 December 2022 10,000
At 30 June 2022 10,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/22 30/6/22
£    £   
Other debtors 70,500 70,500

The Lane Media Holdings Limited (Registered number: SC593585)

Notes to the Financial Statements - continued
for the Period 1 July 2022 to 31 December 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/22 30/6/22
£    £   
Amounts owed to group undertakings 33 33
Other creditors 975 500
1,008 533