GRUPPO MEDIA LIMITED

Company Registration Number:
08411318 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

GRUPPO MEDIA LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

GRUPPO MEDIA LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 374,361 388,434
Tangible assets: 4 15,783 15,044
Total fixed assets: 390,144 403,478
Current assets
Stocks: 36,736 56,943
Debtors: 5 273,078 296,583
Cash at bank and in hand: 142,112 174,047
Total current assets: 451,926 527,573
Creditors: amounts falling due within one year:   (592,138) (737,234)
Net current assets (liabilities): (140,212) (209,661)
Total assets less current liabilities: 249,932 193,817
Total net assets (liabilities): 249,932 193,817
Capital and reserves
Called up share capital: 3,201 3,081
Share premium account: 640,923 640,923
Profit and loss account: (394,192) (450,187)
Shareholders funds: 249,932 193,817

The notes form part of these financial statements

GRUPPO MEDIA LIMITED

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 September 2024
and signed on behalf of the board by:

Name: M Cassina
Status: Director

The notes form part of these financial statements

GRUPPO MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

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

GRUPPO MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 10 10

GRUPPO MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 727,537
Additions 24,642
At 31 December 2023 752,179
Amortisation
At 01 January 2023 339,103
Charge for year 38,715
At 31 December 2023 377,818
Net book value
At 31 December 2023 374,361
At 31 December 2022 388,434

GRUPPO MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 65,658
Additions 5,357
At 31 December 2023 71,015
Depreciation
At 01 January 2023 50,614
Charge for year 4,618
At 31 December 2023 55,232
Net book value
At 31 December 2023 15,783
At 31 December 2022 15,044

GRUPPO MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 0 0