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REGISTERED NUMBER: 03437989 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ACTIVE MEDIA BUSINESS SOLUTIONS
LIMITED

ACTIVE MEDIA BUSINESS SOLUTIONS
LIMITED (REGISTERED NUMBER: 03437989)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACTIVE MEDIA BUSINESS SOLUTIONS
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: P D Greenway B.Sc (Hons), MBCS





SECRETARY: P Boulton





REGISTERED OFFICE: Rainbows End
8 Swansfield
Bicester
Oxfordshire
OX26 6YX





REGISTERED NUMBER: 03437989 (England and Wales)





ACCOUNTANTS: Astral Accountancy Services Limited
Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT

ACTIVE MEDIA BUSINESS SOLUTIONS
LIMITED (REGISTERED NUMBER: 03437989)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 57,867 61,872
Investments 5 535 535
Investment property 6 909,000 909,000
967,402 971,407

CURRENT ASSETS
Debtors 7 3,251 2,926
Cash at bank and in hand 511,377 478,454
514,628 481,380
CREDITORS
Amounts falling due within one year 8 109,539 95,169
NET CURRENT ASSETS 405,089 386,211
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,372,491

1,357,618

PROVISIONS FOR LIABILITIES 9 67,226 75,470
NET ASSETS 1,305,265 1,282,148

CAPITAL AND RESERVES
Called up share capital 10 300 300
Retained earnings 1,304,965 1,281,848
SHAREHOLDERS' FUNDS 1,305,265 1,282,148

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

ACTIVE MEDIA BUSINESS SOLUTIONS
LIMITED (REGISTERED NUMBER: 03437989)

BALANCE SHEET - continued
31 DECEMBER 2023


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 26 July 2024 and were signed by:





P D Greenway B.Sc (Hons), MBCS - Director


ACTIVE MEDIA BUSINESS SOLUTIONS
LIMITED (REGISTERED NUMBER: 03437989)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Active Media Business Solutions 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 as modified by the revaluation of certain assets.

Significant judgements and estimates
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in the accounting policies below.

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue for the provision of services is recognised when it is probable that an economic benefit will flow to the entity and the revenue costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & Fittings - 15% on reducing balance
Office Equipment - 50% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


ACTIVE MEDIA BUSINESS SOLUTIONS
LIMITED (REGISTERED NUMBER: 03437989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued
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 year 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.

Leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Provisions
Provisions relate to ongoing disputes at varying levels of negotiation. Provisions are recognised when the company has a present legal or constructive obligation as a result of past events, it is probable that an outflow or resources will be required to settle the obligation and the amount can be reliably estimated.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Improvements
to Fixtures Office
property & Fittings Equipment Totals
£    £    £    £   
COST
At 1 January 2023 36,222 54,861 87,385 178,468
Additions - 2,362 3,152 5,514
At 31 December 2023 36,222 57,223 90,537 183,982
DEPRECIATION
At 1 January 2023 - 33,610 82,986 116,596
Charge for year - 3,544 5,975 9,519
At 31 December 2023 - 37,154 88,961 126,115
NET BOOK VALUE
At 31 December 2023 36,222 20,069 1,576 57,867
At 31 December 2022 36,222 21,251 4,399 61,872

ACTIVE MEDIA BUSINESS SOLUTIONS
LIMITED (REGISTERED NUMBER: 03437989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 535
NET BOOK VALUE
At 31 December 2023 535
At 31 December 2022 535

The unlisted investment is in respect of an antique map of England. The director considers there to be no material variation between the book value of the investment in the financial statements and the market value as at 31 December 2023. The director considers that the market value as at 31 December 2023 would have been in the region of £1,000 (2022: £1,000).

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 909,000
NET BOOK VALUE
At 31 December 2023 909,000
At 31 December 2022 909,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2012 116,283
Valuation in 2013 40,000
Valuation in 2014 45,000
Valuation in 2015 50,000
Valuation in 2016 25,722
Valuation in 2017 (13,000 )
Valuation in 2018 36,000
Valuation in 2020 (2,000 )
Cost 610,995
909,000

ACTIVE MEDIA BUSINESS SOLUTIONS
LIMITED (REGISTERED NUMBER: 03437989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. INVESTMENT PROPERTY - continued

If investment properties had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 610,995 610,995

Investment property was valued on an open market basis on 31 December 2023 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade Debtors 79 -
Prepayments 3,172 2,926
3,251 2,926

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade Creditors 10,570 8,902
Taxation 4,688 4,254
Other Taxes & Social Security 495 1,479
VAT 927 -
Director's Current Account 39,799 32,474
Accrued Expenses 53,060 48,060
109,539 95,169

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 60,573 68,817
Other provisions 6,653 6,653
67,226 75,470

Deferred Other
tax provisions
£    £   
Balance at 1 January 2023 68,817 6,653
Provided during year (8,244 ) -
Balance at 31 December 2023 60,573 6,653

ACTIVE MEDIA BUSINESS SOLUTIONS
LIMITED (REGISTERED NUMBER: 03437989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
300 Ordinary £1 300 300

11. RELATED PARTY DISCLOSURES

During the period, the company traded with Insequence Europe Limited, a company under the control of P D Greenway.

During the year, total costs incurred by Active Media Business Solutions Limited and subsequently recharged to Insequence Europe Limited amounted to £99,438 (2022: £93,859).