Registered number
02628754
C N MEDIA LIMITED
Filleted Accounts
31 March 2024
C N MEDIA LIMITED
Registered number: 02628754
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 220,021 220,028
Current assets
Investments held as current assets 4 519,769 511,263
Cash at bank and in hand 35,373 97,860
555,142 609,123
Creditors: amounts falling due within one year 5 (2,602) (12,875)
Net current assets 552,540 596,248
Net assets 772,561 816,276
Capital and reserves
Called up share capital 5,900 5,900
Share premium 4,100 4,100
Revaluation reserve 6 162,754 162,754
Profit and loss account 599,807 643,522
Shareholders' funds 772,561 816,276
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Andrew James Llewelyn Moulden
Director
Approved by the board on 1 August 2024
C N MEDIA LIMITED
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
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).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Equipment & Fixtures 25% on a reducing balance basis
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings Equipment & Fixtures Total
£ £ £
Cost
At 1 April 2023 220,000 563 220,563
At 31 March 2024 220,000 563 220,563
Depreciation
At 1 April 2023 - 535 535
Charge for the year - 7 7
At 31 March 2024 - 542 542
Net book value
At 31 March 2024 220,000 21 220,021
At 31 March 2023 220,000 28 220,028
4 Investments held as current assets 2024 2023
£ £
Fair value
Listed investments 519,769 511,263
Increase/(decrease) in fair value included in the profit and loss account for the financial year
Listed investments (25,196) (51,695)
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 2,602 10,680
Other creditors - 2,195
2,602 12,875
6 Revaluation reserve 2024 2023
£ £
At 1 April 2023 162,754 162,754
At 31 March 2024 162,754 162,754
7 Other information
C N MEDIA LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
29 Elms Road
Leicester
LE2 3JD
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