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REGISTERED NUMBER: 09652654 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

Prime Lens Media Ltd

Prime Lens Media Ltd (Registered number: 09652654)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Prime Lens Media Ltd

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: S J Buckton





REGISTERED OFFICE: 63 Baydale Road
Darlington
Co. Durham
DL3 8JT





REGISTERED NUMBER: 09652654 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP

Prime Lens Media Ltd (Registered number: 09652654)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,448 13,091

CURRENT ASSETS
Debtors 5 3,943 5,116
Cash at bank 7,398 7,024
11,341 12,140
CREDITORS
Amounts falling due within one year 6 16,214 15,227
NET CURRENT LIABILITIES (4,873 ) (3,087 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,575

10,004

CREDITORS
Amounts falling due after more than one year 7 (11,732 ) (6,044 )

PROVISIONS FOR LIABILITIES (4,265 ) (2,487 )
NET ASSETS 1,578 1,473

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,577 1,472
1,578 1,473

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 12 September 2024 and were signed by:





S J Buckton - Director


Prime Lens Media Ltd (Registered number: 09652654)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Prime Lens Media Ltd 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 represents net invoiced sale of goods and services, excluding value added tax recognised when projects are completed and delivered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current tax 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 timing differences which may have originated but not been reversed at the balance sheet date since the amounts are considered by the director to be material.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 April 2023 20,316
Additions 14,969
At 31 March 2024 35,285
DEPRECIATION
At 1 April 2023 7,225
Charge for year 5,612
At 31 March 2024 12,837
NET BOOK VALUE
At 31 March 2024 22,448
At 31 March 2023 13,091

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 3,943 5,116

Prime Lens Media Ltd (Registered number: 09652654)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 3,740 1,500
Trade creditors - 4
Taxation and social security 7,515 9,189
Other creditors 4,959 4,534
16,214 15,227

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,732 6,044