IRIS Accounts Production v24.1.9.2 13749053 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh137490532023-03-31137490532024-03-31137490532023-04-012024-03-31137490532021-11-16137490532021-11-172023-03-31137490532023-03-3113749053ns15:EnglandWales2023-04-012024-03-3113749053ns14:PoundSterling2023-04-012024-03-3113749053ns10:Director12023-04-012024-03-3113749053ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113749053ns10:SmallEntities2023-04-012024-03-3113749053ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113749053ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113749053ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113749053ns10:FullAccounts2023-04-012024-03-3113749053ns10:Director22023-04-012024-03-3113749053ns10:RegisteredOffice2023-04-012024-03-3113749053ns5:CurrentFinancialInstruments2023-03-3113749053ns5:CurrentFinancialInstruments2024-03-3113749053ns5:Non-currentFinancialInstruments2023-03-3113749053ns5:Non-currentFinancialInstruments2024-03-3113749053ns5:ShareCapital2023-03-3113749053ns5:ShareCapital2024-03-3113749053ns5:RetainedEarningsAccumulatedLosses2023-03-3113749053ns5:RetainedEarningsAccumulatedLosses2024-03-3113749053ns5:ComputerEquipment2023-04-012024-03-3113749053ns5:ComputerEquipment2024-03-3113749053ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3113749053ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 13749053 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

NOUS MEDIA LIMITED

NOUS MEDIA LIMITED (REGISTERED NUMBER: 13749053)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NOUS MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: R G McGinlay
Mrs S M Rootes





REGISTERED OFFICE: 61 Station Road
Sudbury
Suffolk
CO10 2SP





REGISTERED NUMBER: 13749053 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

NOUS MEDIA LIMITED (REGISTERED NUMBER: 13749053)

BALANCE SHEET
31 MARCH 2024

31.3.23 31.3.24
£    £    Notes £    £   
FIXED ASSETS
- Tangible assets 4 1,980

CURRENT ASSETS
24,704 Stocks 5 21,562
981 Debtors 6 991
24,099 Cash at bank and in hand 4,963
49,784 27,516
CREDITORS
28,965 Amounts falling due within one year 7 33,418
20,819 NET CURRENT (LIABILITIES)/ASSETS (5,902 )
20,819 TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,922

)

CREDITORS
19,520 Amounts falling due after more than one
year

8

13,760
1,299 NET (LIABILITIES)/ASSETS (17,682 )

CAPITAL AND RESERVES
100 Called up share capital 100
1,199 Retained earnings (17,782 )
1,299 SHAREHOLDERS' FUNDS (17,682 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

NOUS MEDIA LIMITED (REGISTERED NUMBER: 13749053)

BALANCE SHEET - continued
31 MARCH 2024


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 30 July 2024 and were signed on its behalf by:





R G McGinlay - Director


NOUS MEDIA LIMITED (REGISTERED NUMBER: 13749053)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Nous Media 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 represents the value of work completed during the period, by reference to invoiced sales and the opening and closing trade debtor balances.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment - 25% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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 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.

NOUS MEDIA LIMITED (REGISTERED NUMBER: 13749053)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

Going concern
The directors have considered the financial position of the company and its ability to continue to trade given the company's the insolvent Balance Sheet as at the 31st March 2024. Due to the continued financial support of the directors it is considered that the company remains a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 2,640
At 31 March 2024 2,640
DEPRECIATION
Charge for year 660
At 31 March 2024 660
NET BOOK VALUE
At 31 March 2024 1,980

5. STOCKS
31.3.24 31.3.23
£    £   
Stocks 21,562 24,704

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 532
Other debtors 991 449
991 981

NOUS MEDIA LIMITED (REGISTERED NUMBER: 13749053)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 769 -
Taxation and social security - 529
Other creditors 32,649 28,436
33,418 28,965

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 13,760 19,520