Reclaim The Media Ltd 13562398 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of video production activities. Digita Accounts Production Advanced 6.30.9574.0 true 13562398 2023-01-01 2023-12-31 13562398 2023-12-31 13562398 bus:Director2 1 2023-12-31 13562398 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 13562398 bus:Micro-entities 2023-01-01 2023-12-31 13562398 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13562398 bus:FullAccounts 2023-01-01 2023-12-31 13562398 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13562398 bus:RegisteredOffice 2023-01-01 2023-12-31 13562398 bus:Director2 2023-01-01 2023-12-31 13562398 bus:Director2 1 2023-01-01 2023-12-31 13562398 bus:Director3 2023-01-01 2023-12-31 13562398 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13562398 countries:England 2023-01-01 2023-12-31 13562398 bus:Director2 1 2022-12-31 13562398 2021-08-12 2022-12-31 13562398 2022-12-31 13562398 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 13562398

Reclaim The Media Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Reclaim The Media Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

1

 

Reclaim The Media Ltd

(Registration number: 13562398)
Balance Sheet as at 31 December 2023

2023
£

2022
£

Fixed assets

5,743

1,321

Current assets

135,884

103,775

Creditors: Amounts falling due within one year

(1,135,902)

(648,293)

Net current liabilities

(1,000,018)

(544,518)

Total assets less current liabilities

(994,275)

(543,197)

Accruals and deferred income

(16,658)

(13,023)

 

(1,010,933)

(556,220)

Capital and reserves

(1,010,933)

(556,220)

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
32 St. James's Street
London
SW1A 1HD
England

These financial statements were authorised for issue by the Board on 19 April 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Going concern

The company's balance sheet position at 31 December 2023 shows net liabilities of £1,010,933 and the company is dependant on support from its directors and shareholders, in order to continue to pay its liabilities as they fall due. The directors and shareholders have undertaken to provide such financial support as may be necessary for a period of at least one year from the date of signing of the financial statements. The directors and shareholders have reviewed the applicability of the going concern principle and have determined that it is appropriate to prepare the company's financial statements on the basis that it will continue as a going concern for the foreseeable future.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 2).

 

Reclaim The Media Ltd

(Registration number: 13562398)
Balance Sheet as at 31 December 2023

4

Related party transactions

Transactions with directors

2023

At 1 January 2023
£

Repayments by director
£

At 31 December 2023
£

Jeremy Hosking

(475,000)

(519,753)

(994,753)

       
     

 

The above loan is unsecured, interest free and repayable on demand.

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 19 April 2024 and signed on its behalf by:
 

.........................................
Edward Pugh
Director