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REGISTERED NUMBER: 04474004 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 DECEMBER 2022 TO 31 MAY 2024

FOR

COMMUNITY MATTERS MEDIA LIMITED

COMMUNITY MATTERS MEDIA LIMITED (REGISTERED NUMBER: 04474004)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COMMUNITY MATTERS MEDIA LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MAY 2024







DIRECTORS: C P B Mullany
K M Quinn





SECRETARY: C P B Mullany





REGISTERED OFFICE: Unit A202
Tower Bridge Business Complex
Clement's Road
London
SE16 4DG





REGISTERED NUMBER: 04474004 (England and Wales)





ACCOUNTANTS: RE Group Accountants Limited
The Maltings
Rosemary Lane
Halstead
Essex
CO9 1HZ

COMMUNITY MATTERS MEDIA LIMITED (REGISTERED NUMBER: 04474004)

BALANCE SHEET
31 MAY 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 7,122 9,363
7,122 9,363

CURRENT ASSETS
Debtors 6 318,649 320,510
Cash at bank 57,127 54,332
375,776 374,842
CREDITORS
Amounts falling due within one year 7 162,734 173,612
NET CURRENT ASSETS 213,042 201,230
TOTAL ASSETS LESS CURRENT LIABILITIES 220,164 210,593

CREDITORS
Amounts falling due after more than one
year

8

8,573

23,087
NET ASSETS 211,591 187,506

CAPITAL AND RESERVES
Called up share capital 11 100 100
Share premium 24,976 24,976
Retained earnings 186,515 162,430
SHAREHOLDERS' FUNDS 211,591 187,506

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

COMMUNITY MATTERS MEDIA LIMITED (REGISTERED NUMBER: 04474004)

BALANCE SHEET - continued
31 MAY 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 14 August 2024 and were signed on its behalf by:





C P B Mullany - Director


COMMUNITY MATTERS MEDIA LIMITED (REGISTERED NUMBER: 04474004)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MAY 2024

1. STATUTORY INFORMATION

Community Matters 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
The company's turnover represents the value, excluding value added tax, of newspaper and advertising sales during the period.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty 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.
Office equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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 period was 12 (2022 - 13 ) .

COMMUNITY MATTERS MEDIA LIMITED (REGISTERED NUMBER: 04474004)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MAY 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 31 May 2024 60,000
AMORTISATION
At 1 December 2022
and 31 May 2024 60,000
NET BOOK VALUE
At 31 May 2024 -
At 30 November 2022 -

5. TANGIBLE FIXED ASSETS
Office Motor
equipment vehicles Totals
£    £    £   
COST
At 1 December 2022 121,221 3,500 124,721
Additions 2,415 - 2,415
Disposals - (3,500 ) (3,500 )
At 31 May 2024 123,636 - 123,636
DEPRECIATION
At 1 December 2022 112,966 2,392 115,358
Charge for period 3,548 - 3,548
Eliminated on disposal - (2,392 ) (2,392 )
At 31 May 2024 116,514 - 116,514
NET BOOK VALUE
At 31 May 2024 7,122 - 7,122
At 30 November 2022 8,255 1,108 9,363

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade debtors 77,716 95,705
Other debtors 240,933 224,805
318,649 320,510

COMMUNITY MATTERS MEDIA LIMITED (REGISTERED NUMBER: 04474004)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MAY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Bank loans and overdrafts 9,192 8,157
Trade creditors 33,480 44,533
Taxation and social security 60,727 46,918
Other creditors 59,335 74,004
162,734 173,612

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2022
£    £   
Bank loans 8,573 23,087

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2022
£    £   
Within one year - 6,250

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2022
£    £   
Bank loans 17,765 31,244
Other loans 53,110 72,061
70,875 103,305

Other loans of £53,110 (2022: £72,061) are in relation to amounts secured on trade debtors.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2022
value: £    £   
100 Ordinary £1 100 100

COMMUNITY MATTERS MEDIA LIMITED (REGISTERED NUMBER: 04474004)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MAY 2024

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 May 2024 and the year ended 30 November 2022:

2024 2022
£    £   
C P B Mullany
Balance outstanding at start of period 78,095 92,777
Amounts advanced 18,898 4,335
Amounts repaid (2,000 ) (19,017 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 94,993 78,095

K M Quinn
Balance outstanding at start of period 81,226 82,992
Amounts advanced 927 234
Amounts repaid (2,000 ) (2,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 80,153 81,226

These loans are repayable on demand.