1 April 2023 false No description of principal activity Taxfiler 2024.5 10202404business:PrivateLimitedCompanyLtd2023-04-012024-03-31 102024042023-03-31 102024042023-04-012024-03-31 10202404business:AuditExemptWithAccountantsReport2023-04-012024-03-31 10202404business:FilletedAccounts2023-04-012024-03-31 102024042024-03-31 10202404business:Director12023-04-012024-03-31 10202404business:Director22023-04-012024-03-31 10202404business:RegisteredOffice2023-04-012024-03-31 102024042023-03-31 10202404core:WithinOneYear2024-03-31 10202404core:WithinOneYear2023-03-31 10202404core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 10202404core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10202404core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 10202404core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10202404core:PreviouslyStatedAmount2024-03-31 10202404core:PreviouslyStatedAmount2023-03-31 10202404business:SmallEntities2023-04-012024-03-31 10202404countries:EnglandWales2023-04-012024-03-31 10202404core:ComputerEquipment2023-04-012024-03-31 10202404core:IntangibleAssetsOtherThanGoodwill2023-03-31 10202404core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-31 10202404core:IntangibleAssetsOtherThanGoodwill2024-03-31 10202404core:ComputerEquipment2023-03-31 10202404core:ComputerEquipment2024-03-31 102024042022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10202404 (England and Wales)
CI Media LTD Unaudited accounts for the year ended 31 March 2024
CI Media LTD Unaudited accounts Contents
Page
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CI Media LTD Company Information for the year ended 31 March 2024
Directors
Lewis Neil Ogden Suzanne Ogden
Company Number
10202404 (England and Wales)
Registered Office
23 Hermitage Drive Holmes Chapel Crewe Cheshire CW4 7NP England
Accountants
SyK Management Consulting Limited 2A Thornton Road London SW14 8NS
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CI Media LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
10,422 
15,820 
Tangible assets
1,611 
2,827 
12,033 
18,647 
Current assets
Debtors
44,291 
94,797 
Cash at bank and in hand
13,063 
27,578 
57,354 
122,375 
Creditors: amounts falling due within one year
(49,026)
(12,987)
Net current assets
8,328 
109,388 
Net assets
20,361 
128,035 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
20,351 
128,025 
Shareholders' funds
20,361 
128,035 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
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
Lewis Neil Ogden Director Company Registration No. 10202404
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CI Media LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
CI Media LTD is a private company, limited by shares, registered in England and Wales, registration number 10202404. The registered office is 23 Hermitage Drive, Holmes Chapel, Crewe, Cheshire, CW4 7NP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Over 90% of the revenue is generated as Affiliate Commission Income from outside the EU; primarily the USA which is outside the scope of VAT.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight line over 3 years
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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CI Media LTD Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
17,424 
Additions
1,030 
Disposals
(6,629)
At 31 March 2024
11,825 
Amortisation
At 1 April 2023
1,604 
On disposals
(662)
Charge for the year
461 
At 31 March 2024
1,403 
Net book value
At 31 March 2024
10,422 
At 31 March 2023
15,820 
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
5,108 
Disposals
(70)
At 31 March 2024
5,038 
Depreciation
At 1 April 2023
2,281 
Charge for the year
1,216 
On disposals
(70)
At 31 March 2024
3,427 
Net book value
At 31 March 2024
1,611 
At 31 March 2023
2,827 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
387 
6,195 
Other debtors
43,904 
88,602 
44,291 
94,797 
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CI Media LTD Notes to the Accounts for the year ended 31 March 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
163 
150 
Taxes and social security
- 
23 
Other creditors
- 
2,000 
Loans from directors
48,263 
10,214 
Accruals
600 
600 
49,026 
12,987 
8
Transactions with related parties
At the balance sheet date, the Company owed £25,617 to L Ogden, a director. At the balance sheet date, the Company owed £22,646 to S Ogden, a director.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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