IRIS Accounts Production v24.2.0.383 06945197 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069451972022-12-31069451972023-12-31069451972023-01-012023-12-31069451972021-12-31069451972022-01-012022-12-31069451972022-12-3106945197ns15:EnglandWales2023-01-012023-12-3106945197ns14:PoundSterling2023-01-012023-12-3106945197ns10:Director12023-01-012023-12-3106945197ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3106945197ns10:SmallEntities2023-01-012023-12-3106945197ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3106945197ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3106945197ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3106945197ns10:FullAccounts2023-01-012023-12-3106945197ns10:Director22023-01-012023-12-3106945197ns10:Director32023-01-012023-12-3106945197ns10:RegisteredOffice2023-01-012023-12-3106945197ns5:CurrentFinancialInstruments2023-12-3106945197ns5:CurrentFinancialInstruments2022-12-3106945197ns5:ShareCapital2023-12-3106945197ns5:ShareCapital2022-12-3106945197ns5:RetainedEarningsAccumulatedLosses2023-12-3106945197ns5:RetainedEarningsAccumulatedLosses2022-12-3106945197ns5:FurnitureFittings2023-01-012023-12-3106945197ns5:FurnitureFittings2022-12-3106945197ns5:FurnitureFittings2023-12-3106945197ns5:FurnitureFittings2022-12-3106945197ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3106945197ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3106945197ns5:WithinOneYear2023-12-3106945197ns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 06945197 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 December 2023

for

Transeo Media Limited

Transeo Media Limited (Registered number: 06945197)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Transeo Media Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: N Bather
J P Gray
G R Stockdale





REGISTERED OFFICE: 1st Floor East Suite Waterfront
Salts Mill Road
Shipley
West Yorkshire
BD17 7TD





REGISTERED NUMBER: 06945197 (England and Wales)





ACCOUNTANTS: Equate Limited
Chartered Certified Accountants
The Hive
142 Thornes Lane
Wakefield
West Yorkshire
WF2 7RE

Transeo Media Limited (Registered number: 06945197)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,055 4,349

CURRENT ASSETS
Stocks 5 1,261 5,271
Debtors 6 85,134 106,953
Cash at bank 123,599 222,016
209,994 334,240
CREDITORS
Amounts falling due within one year 7 200,926 281,280
NET CURRENT ASSETS 9,068 52,960
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,123

57,309

PROVISIONS FOR LIABILITIES 802 826
NET ASSETS 11,321 56,483

CAPITAL AND RESERVES
Called up share capital 278 278
Retained earnings 11,043 56,205
SHAREHOLDERS' FUNDS 11,321 56,483

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Transeo Media Limited (Registered number: 06945197)

Balance Sheet - continued
31 December 2023


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 29 January 2024 and were signed on its behalf by:





N Bather - Director


Transeo Media Limited (Registered number: 06945197)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Transeo 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.

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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.

Taxation
Taxation for the year 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 tax
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 year 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.

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 year was 5 (2022 - 5 ) .

Transeo Media Limited (Registered number: 06945197)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2023 15,806
Additions 233
Disposals (91 )
At 31 December 2023 15,948
DEPRECIATION
At 1 January 2023 11,457
Charge for year 1,526
Eliminated on disposal (90 )
At 31 December 2023 12,893
NET BOOK VALUE
At 31 December 2023 3,055
At 31 December 2022 4,349

5. STOCKS
31.12.23 31.12.22
£    £   
Finished goods 1,261 5,271

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 31,048 26,957
Other debtors 2,500 2,500
Directors' current accounts 10,000 10,000
Prepayments and accrued income 41,586 67,496
85,134 106,953

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 72,536 139,434
Tax 6,489 15,834
Social security and other taxes 2,953 3,062
VAT 21,252 25,855
Accruals and deferred income 97,696 97,095
200,926 281,280

Transeo Media Limited (Registered number: 06945197)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year - 687

9. ULTIMATE CONTROLLING PARTY

The company is under the joint control of it's directors.