2023-05-01 2024-04-30 false Capium Accounts Production 1.1 03947033 bus:FullAccounts 2023-05-01 2024-04-30 03947033 bus:FRS102 2023-05-01 2024-04-30 03947033 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 03947033 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 03947033 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 03947033 2023-05-01 2024-04-30 03947033 2024-04-30 03947033 bus:RegisteredOffice 2023-05-01 2024-04-30 03947033 core:WithinOneYear 2024-04-30 03947033 core:AfterOneYear 2024-04-30 03947033 bus:Director1 2023-05-01 2024-04-30 03947033 bus:Director1 2024-04-30 03947033 bus:Director1 2022-05-01 2023-04-30 03947033 2022-05-01 03947033 bus:CompanySecretary1 2023-05-01 2024-04-30 03947033 bus:LeadAgentIfApplicable 2023-05-01 2024-04-30 03947033 2022-05-01 2023-04-30 03947033 2023-04-30 03947033 core:WithinOneYear 2023-04-30 03947033 core:AfterOneYear 2023-04-30 03947033 bus:EntityAccountantsOrAuditors 2022-05-01 2023-04-30 03947033 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 03947033 bus:OrdinaryShareClass1 2024-04-30 03947033 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 03947033 bus:OrdinaryShareClass1 2023-04-30 03947033 bus:OrdinaryShareClass2 2023-05-01 2024-04-30 03947033 bus:OrdinaryShareClass2 2024-04-30 03947033 bus:OrdinaryShareClass2 2022-05-01 2023-04-30 03947033 bus:OrdinaryShareClass2 2023-04-30 03947033 core:CostValuation core:Non-currentFinancialInstruments 2024-04-30 03947033 core:CostValuation core:Non-currentFinancialInstruments 2023-04-30 03947033 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-04-30 03947033 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-04-30 03947033 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-04-30 03947033 core:Non-currentFinancialInstruments 2024-04-30 03947033 core:Non-currentFinancialInstruments 2023-04-30 03947033 core:ShareCapital 2024-04-30 03947033 core:ShareCapital 2023-04-30 03947033 core:SharePremium 2024-04-30 03947033 core:SharePremium 2023-04-30 03947033 core:RetainedEarningsAccumulatedLosses 2024-04-30 03947033 core:RetainedEarningsAccumulatedLosses 2023-04-30 03947033 dpl:Item1 2023-05-01 03947033 dpl:Item1 2024-04-30 03947033 dpl:Item1 2022-05-01 03947033 dpl:Item1 2023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 03947033
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 30 April 2024

for

GTV SCREEN MEDIA LIMITED

Director R L Howells
Registered Number 03947033
Registered Office 68 Webster Gardens
Ealing
London
W5 5NH
Accountants Pink Mango Accountants Ltd
Coltsfoot
Farm Lane
Chichester
West Sussex
PO18 8SA
Secretary D A Smyth
1
Director's report and financial statements
The directors present their annual report and the financial statements for the year ended 30 April 2024.
Principal activities
The company's principal activity during the year was broadcasting activities.
Director
The director who served the company throughout the year was as follows:
R L Howells
Statement of director's responsibilities
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions.

On behalf of the board.


----------------------------------
R L Howells
Director

Date approved: 23 August 2024
2
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of GTV Screen Media Limited for the year ended 30 April 2024.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GTV Screen Media Limited for the year ended 30 April 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of GTV Screen Media Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of GTV Screen Media Limited and state those matters that we have agreed to state to the Board of Directors of GTV Screen Media Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GTV Screen Media Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that GTV Screen Media Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GTV Screen Media Limited . You consider that GTV Screen Media Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of GTV Screen Media Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



....................................................
Pink Mango Accountants Ltd
Coltsfoot
Farm Lane
Chichester
West Sussex
PO18 8SA
23 August 2024
3
 
 
Notes
 
2024
£
  2023
£
Current assets      
Creditors: amount falling due within one year 3 (3,888,948)   (3,888,275)
Net current assets (3,888,948)   (3,888,275)
 
Total assets less current liabilities (3,888,948)   (3,888,275)
Net assets (3,888,948)   (3,888,275)
 

Capital and reserves
     
Called up share capital 4 1,017,611    1,017,611 
Share premium account 5 625,094    625,094 
Profit and loss account (5,531,653)   (5,530,980)
Shareholders' funds (3,888,948)   (3,888,275)
 


For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 23 August 2024 and were signed by:


-------------------------------
R L Howells
Director
4
General Information
GTV Screen Media Limited is a private company, limited by shares, registered in England and Wales, registration number 03947033, registration address 68 Webster Gardens, Ealing, London, W5 5NH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The company continues to receive support from the parent company and connected parties who have agreed to defer repayment of their liabilities. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Taxation
Taxation for the period 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 taxation
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 period 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.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 42,687    42,687 
Amounts Owed to Group Undertakings 2,716,281    2,716,281 
Accrued Expenses 21,544    21,543 
Other Creditors 249,078    248,946 
Obligations under HP/Financial Leases 681,688    681,688 
Directors' Current Accounts 177,670    177,130 
3,888,948    3,888,275 

4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
14,410 Ordinary shares of £1.00 each 14,410    14,410 
1,003,201 Deferred shares of £1.00 each 1,003,201    1,003,201 
1,017,611    1,017,611 
The deferred shares hold no dividend or voting rights.

5.

Share premium account

2024
£
  2023
£
Equity Share Premium b/fwd 625,094    625,094 
625,094    625,094 

6.

Related parties

R L Howells
Director

The amount due to R L Howells at the balance sheet date was £177,670 (2023: £177,130).

Lynfield Leasing Limited
R Howells has an interest

In previous years the company leased equipment from Lynfield Leasing Limited. At the balance sheet date, the amount of the finance lease outstanding was £681,688 (2023 - £681,688).

The company also has a loan with Lynfield Leasing, the amount outstanding at the balance sheet date was £58,500 (2023 - £58,500).

Media 42 Limited
Parent

The amount due to Media 42 Limited at the balance sheet date was £2,716,281 (2023: £2,716,281).
7.

Ultimate controlling party

The company is controlled by R L Howells, director.
5