MTMI MEDIA LTD

Company Registration Number:
12334406 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

MTMI MEDIA LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MTMI MEDIA LTD

Company Information

for the Period Ended 30 November 2023




Director: Marvin Osemwegie
Registered office: 233
Springbank Road
London
England
SE13 6ST
Company Registration Number: 12334406 (England and Wales)

MTMI MEDIA LTD

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal Activities

Create multimedia content such as podcast and TV programmes.

Directors

The director(s) shown below were appointed to the company during the period
Marvin Osemwegie
01 December 2022

This report was approved by the board of directors on 30 August 2024
And Signed On Behalf Of The Board By:

Name: Marvin Osemwegie
Status: Director

MTMI MEDIA LTD

Profit and Loss Account

for the Period Ended 30 November 2023


Notes

2023
£

2022
£
Turnover 4,292 1,886
Cost of sales ( 4,312 ) ( 1,867 )
Gross Profit or (Loss) ( 20 ) 19
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 1,451 ) ( 622 )
Administrative Expenses ( 1,451 ) ( 622 )
Other operating income 1,451 623
Operating Profit or (Loss) ( 1,471 ) ( 602 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 1,471 ) ( 602 )
Tax on Profit ( 62 ) ( 20 )
Profit or (Loss) for Period ( 1,533 ) ( 622 )

The notes form part of these financial statements

MTMI MEDIA LTD

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 1,000 0
Tangible assets: 5 0 0
Total fixed assets: 1,000 0
Current assets
Stocks: 0
Debtors: 6 0
Cash at bank and in hand: 69
Total current assets: 69
Prepayments and accrued income: 50 10
Creditors: amounts falling due within one year: 7 ( 0 ) ( 0 )
Net current assets (liabilities): 119 10
Total assets less current liabilities: 1,119 10
Creditors: amounts falling due after more than one year: 8 ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 9 ) ( 0 )
Total net assets (liabilities): 1,110 10

The notes form part of these financial statements

MTMI MEDIA LTD

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 2
Revaluation reserve: 9 0 0
Profit and loss account: 1,109 8
Shareholders funds: 1,110 10

For the year ending 30 November 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 30 August 2024
And Signed On Behalf Of The Board By:

Name: Marvin Osemwegie
Status: Director

The notes form part of these financial statements

MTMI MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MTMI MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

MTMI MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

MTMI MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Intangible assets

Goodwill Other Total
Cost £ £ £
At 01 December 2022 500 500 1,000
Additions 500 500 1,000
Disposals ( 500 ) ( 500 ) ( 1,000 )
Revaluations 500 500 1,000
Transfers 500 500 1,000
At 30 November 2023 1,500 1,500 3,000
Amortisation
Amortisation at 01 December 2022 500 500 1,000
Charge for year 500 500 1,000
On disposals ( 500 ) ( 500 ) ( 1,000 )
Other adjustments 500 500 1,000
Amortisation at 30 November 2023 1,000 1,000 2,000
Net book value
Net book value at 30 November 2023 500 500 1,000
Net book value at 30 November 2022 0 0 0

MTMI MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Tangible assets

Office equipment Total
Cost £ £
At 01 December 2022 - -
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2023 - -
Depreciation
At 01 December 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 November 2023 - -
Net book value
At 30 November 2023 - -
At 30 November 2022 - -

Not applicable

MTMI MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Debtors


2023
£

2022
£
Trade debtors 0
Prepayments and accrued income 0
Other debtors 0
Total 0

Not applicable

MTMI MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 0 0

Not applicable

MTMI MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 0 0

Not applicable

MTMI MEDIA LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

9. Revaluation reserve


2023
£
Balance at 01 December 2022 0
Surplus or deficit after revaluation 0
Balance at 30 November 2023 0

Not applicable