NSIMA MEDIA LTD

Company Registration Number:
12614956 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

NSIMA MEDIA LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

NSIMA MEDIA LTD

Company Information

for the Period Ended 31 May 2023




Director: Nsima Nseobong Asuquo
Registered office: 86-90
Paul Street
London
England
EC2A 4NE
Company Registration Number: 12614956 (England and Wales)

NSIMA MEDIA LTD

Directors' Report Period Ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Principal Activities

Media and Media Management

Directors

The directors shown below have held office during the whole of the period from 01 June 2022 to 31 May 2023
Nsima Nseobong Asuquo

This report was approved by the board of directors on 11 April 2024
And Signed On Behalf Of The Board By:

Name: Nsima Nseobong Asuquo
Status: Director

NSIMA MEDIA LTD

Profit and Loss Account

for the Period Ended 31 May 2023


Notes

2023
£

2022
£
Turnover 2,500 100
Cost of sales ( 3,500 ) ( 0 )
Gross Profit or (Loss) ( 1,000 ) 100
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 1,000 ) ( 0 )
Other operating income 0 0
Operating Profit or (Loss) ( 2,000 ) 100
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 2,000 ) 100
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 2,000 ) 100

The notes form part of these financial statements

NSIMA MEDIA LTD

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 1,000 100
Tangible assets: 5 2,000 100
Total fixed assets: 3,000 200
Current assets
Stocks: 5,000 200
Debtors: 6 0 0
Cash at bank and in hand: 550 100
Total current assets: 5,550 300
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 0 ) ( 100 )
Net current assets (liabilities): 5,550 200
Total assets less current liabilities: 8,550 400
Creditors: amounts falling due after more than one year: 8 ( 2,000 ) ( 100 )
Provision for liabilities: ( 1,000 ) ( 50 )
Accruals and deferred income: ( 3,000 ) ( 50 )
Total net assets (liabilities): 2,550 200

The notes form part of these financial statements

NSIMA MEDIA LTD

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 550 150
Revaluation reserve: 9 2,000 50
Profit and loss account: 0 0
Shareholders funds: 2,550 200

For the year ending 31 May 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.

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

This report was approved by the board of directors on 11 April 2024
And Signed On Behalf Of The Board By:

Name: Nsima Nseobong Asuquo
Status: Director

The notes form part of these financial statements

NSIMA MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

NSIMA MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

NSIMA MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

NSIMA MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Intangible assets

Other Total
Cost £ £
At 01 June 2022 100 100
Additions 1,000 1,000
Disposals ( 100 ) ( 100 )
Revaluations 0 0
Transfers 0 0
At 31 May 2023 1,000 1,000
Amortisation
Amortisation at 01 June 2022 0 0
Charge for year 0 0
On disposals ( 100 ) ( 100 )
Other adjustments 100 100
Amortisation at 31 May 2023 0 0
Net book value
Net book value at 31 May 2023 1,000 1,000
Net book value at 31 May 2022 100 100

NSIMA MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Tangible assets

Office equipment Total
Cost £ £
At 01 June 2022 100 100
Additions 2,000 2,000
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 May 2023 2,100 2,100
Depreciation
At 01 June 2022 0 0
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 100 100
At 31 May 2023 100 100
Net book value
At 31 May 2023 2,000 2,000
At 31 May 2022 100 100

NSIMA MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

6. Debtors


2023
£

2022
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 0
Debtors due after more than one year: 0 0

NSIMA MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 100
Total 0 100

NSIMA MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 2,000 100
Total 2,000 100

NSIMA MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

9. Revaluation reserve


2023
£
Balance at 01 June 2022 50
Surplus or deficit after revaluation 1,950
Balance at 31 May 2023 2,000