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REGISTERED NUMBER: SC446200 (Scotland)















Media Pro Scotland Ltd

Financial Statements For The Year Ended 30 April 2024






Media Pro Scotland Ltd (Registered number: SC446200)






Contents of the Financial Statements
For The Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Media Pro Scotland Ltd

Company Information
For The Year Ended 30 April 2024







DIRECTOR: A J Belby



REGISTERED OFFICE: 62 Redwood Avenue
Milton of Leys
Inverness
IV2 6HA



REGISTERED NUMBER: SC446200 (Scotland)



ACCOUNTANTS: The Long Partnership
1st Floor
Robertson House
Shore Street
Inverness
Highland
IV1 1NF



BANKERS: Bank of Scotland
600 Gorgie Road
Edinburgh
EH11 3XP

Media Pro Scotland Ltd (Registered number: SC446200)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 20,412 22,712
20,412 22,712

CURRENT ASSETS
Stocks 10,544 7,900
Debtors 6 17,223 16,194
Cash at bank and in hand 56,964 85,820
84,731 109,914
CREDITORS
Amounts falling due within one year 7 34,392 45,597
NET CURRENT ASSETS 50,339 64,317
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,751

87,029

PROVISIONS FOR LIABILITIES 3,877 4,315
NET ASSETS 66,874 82,714

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 66,873 82,713
SHAREHOLDERS' FUNDS 66,874 82,714

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

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

Media Pro Scotland Ltd (Registered number: SC446200)

Balance Sheet - continued
30 April 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 director and authorised for issue on 12 August 2024 and were signed by:





A J Belby - Director


Media Pro Scotland Ltd (Registered number: SC446200)

Notes to the Financial Statements
For The Year Ended 30 April 2024

1. STATUTORY INFORMATION

Media Pro Scotland Ltd is a private company, limited by shares , registered in Scotland. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance
Motor vehicles - 25% on 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.

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.

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.

Media Pro Scotland Ltd (Registered number: SC446200)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 6 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 20,000
AMORTISATION
At 1 May 2023
and 30 April 2024 20,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Motor Computer
Equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 60,576 21,294 2,470 84,340
Additions 1,864 - 2,260 4,124
At 30 April 2024 62,440 21,294 4,730 88,464
DEPRECIATION
At 1 May 2023 45,417 14,967 1,244 61,628
Charge for year 4,140 1,582 702 6,424
At 30 April 2024 49,557 16,549 1,946 68,052
NET BOOK VALUE
At 30 April 2024 12,883 4,745 2,784 20,412
At 30 April 2023 15,159 6,327 1,226 22,712

Media Pro Scotland Ltd (Registered number: SC446200)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 12,323 15,504
Other debtors 4,900 690
17,223 16,194

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 2,461 1,689
Taxation and social security 14,542 23,039
Other creditors 17,389 20,869
34,392 45,597

8. RESERVES
Retained
earnings
£   

At 1 May 2023 82,713
Profit for the year 26,160
Dividends (42,000 )
At 30 April 2024 66,873