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REGISTERED NUMBER: 03864348 (England and Wales)












Financial Statements

for the Period 1 November 2022 to 30 April 2024

for

NEW MEDIA IMAGE LIMITED

NEW MEDIA IMAGE LIMITED (REGISTERED NUMBER: 03864348)






Contents of the Financial Statements
for the Period 1 November 2022 to 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NEW MEDIA IMAGE LIMITED

Company Information
for the Period 1 November 2022 to 30 April 2024







DIRECTOR: S J Montgomery





SECRETARY: Mrs S A Montgomery





REGISTERED OFFICE: Unit 1 Emp Building
4 Solent Road
Havant
Hampshire
PO9 1JH





REGISTERED NUMBER: 03864348 (England and Wales)





ACCOUNTANTS: Hunter Simmons Ltd
EMP Building
Unit 1, 4 Solent Road
Havant
Portsmouth
Hampshire
PO9 1JH

NEW MEDIA IMAGE LIMITED (REGISTERED NUMBER: 03864348)

Balance Sheet
30 April 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 516 516

CURRENT ASSETS
Debtors 5 6,355 1,891
Cash at bank 15,075 125
21,430 2,016
CREDITORS
Amounts falling due within one year 6 8,485 2,060
NET CURRENT ASSETS/(LIABILITIES) 12,945 (44 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,461

472

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 13,459 470
13,461 472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2024 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 1 May 2024 and were signed by:



S J Montgomery - Director


NEW MEDIA IMAGE LIMITED (REGISTERED NUMBER: 03864348)

Notes to the Financial Statements
for the Period 1 November 2022 to 30 April 2024

1. STATUTORY INFORMATION

New Media Image Limited 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.

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 - 25% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

NEW MEDIA IMAGE LIMITED (REGISTERED NUMBER: 03864348)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 30 April 2024 16,171
DEPRECIATION
At 1 November 2022
and 30 April 2024 15,655
NET BOOK VALUE
At 30 April 2024 516
At 31 October 2022 516

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade debtors 3,315 -
Other debtors 3,040 1,891
6,355 1,891

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade creditors 599 1
Taxation and social security 7,386 1,559
Other creditors 500 500
8,485 2,060