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Company Registration No. 13627909 (England and Wales)
GOTAM CAMDA MEDIA LTD Unaudited accounts for the year ended 31 December 2023
GOTAM CAMDA MEDIA LTD Unaudited accounts Contents
Page
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GOTAM CAMDA MEDIA LTD Company Information for the year ended 31 December 2023
Director
Marco Cattaneo
Company Number
13627909 (England and Wales)
Registered Office
Gregs Buildings 1 Booth Street Manchester Manchester M2 4AD United Kingdom
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GOTAM CAMDA MEDIA LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
7,460 
- 
Tangible assets
1,912 
2,555 
Investments
(27)
2,056 
9,345 
4,611 
Current assets
Debtors
- 
45 
Cash at bank and in hand
5,369 
9,105 
5,369 
9,150 
Creditors: amounts falling due within one year
(6,089)
(5,022)
Net current (liabilities)/assets
(720)
4,128 
Net assets
8,625 
8,739 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
8,525 
8,639 
Shareholders' funds
8,625 
8,739 
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 September 2024 and were signed on its behalf by
Marco Cattaneo Director Company Registration No. 13627909
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GOTAM CAMDA MEDIA LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
GOTAM CAMDA MEDIA LTD is a private company, limited by shares, registered in England and Wales, registration number 13627909. The registered office is Gregs Buildings, 1 Booth Street, Manchester, Manchester, M2 4AD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
2 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
A Strategic and Practical Move for Audiobook Publishing
The decision to establish our legal entity in the United Kingdom is also informed by practical considerations related to audiobook publishing. Platforms such as Audible, operating through intermediaries like ACX, stipulate that corporations must be based within the UK in order to publish content. Thus, the formation of our entity within the UK is not merely strategic, but also a practical necessity to ensure our ability to effectively disseminate audiobook content.
Also, the United Kingdom offers a unique advantage for corporations, particularly due to its regulatory framework around Bitcoin. This nation has distinguished itself through transparent and preemptive legislation on Bitcoin usage, embracing it as a method of payment as well as an investment asset. This forward-thinking approach aligns well with our strategic business interests, making the UK a favorable choice for our company's establishment.
The assignors, Marco Cattaneo e Claudia Marchione, are the copyright holders of works listed in Exhibit A. They hereby assign all copyright rights of the works to the company, whilst retaining the right to receive royalties for the commercial use of the works by the company. Should the company dissolve, all rights to the works revert to the assignors, considering any third-party rights or obligations. The assignors affirm sole ownership of the works and their copyrights.
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GOTAM CAMDA MEDIA LTD Notes to the Accounts for the year ended 31 December 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
5,191 
Additions
7,460 
Disposals
(5,191)
At 31 December 2023
7,460 
Amortisation
At 1 January 2023
5,191 
On disposals
(5,191)
At 31 December 2023
- 
Net book value
At 31 December 2023
7,460 
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
2,773 
Additions
806 
At 31 December 2023
3,579 
Depreciation
At 1 January 2023
218 
Charge for the year
1,449 
At 31 December 2023
1,667 
Net book value
At 31 December 2023
1,912 
At 31 December 2022
2,555 
6
Investments
Other investments 
£ 
Valuation at 1 January 2023
2,056 
Additions
(27)
Disposals
(2,056)
Valuation at 31 December 2023
(27)
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
45 
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GOTAM CAMDA MEDIA LTD Notes to the Accounts for the year ended 31 December 2023
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
124 
1,422 
Loans from directors
5,965 
3,600 
6,089 
5,022 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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