IRIS Accounts Production v24.2.0.383 01747470 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh017474702022-12-31017474702023-12-31017474702023-01-012023-12-31017474702021-12-31017474702022-01-012022-12-31017474702022-12-3101747470ns15:EnglandWales2023-01-012023-12-3101747470ns14:PoundSterling2023-01-012023-12-3101747470ns10:Director12023-01-012023-12-3101747470ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3101747470ns10:SmallEntities2023-01-012023-12-3101747470ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3101747470ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3101747470ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3101747470ns10:FullAccounts2023-01-012023-12-3101747470ns10:RegisteredOffice2023-01-012023-12-3101747470ns5:CurrentFinancialInstruments2023-12-3101747470ns5:CurrentFinancialInstruments2022-12-3101747470ns5:ShareCapital2023-12-3101747470ns5:ShareCapital2022-12-3101747470ns5:SharePremium2023-12-3101747470ns5:SharePremium2022-12-3101747470ns5:RetainedEarningsAccumulatedLosses2023-12-3101747470ns5:RetainedEarningsAccumulatedLosses2022-12-3101747470ns5:PlantMachinery2023-01-012023-12-3101747470ns5:FurnitureFittings2023-01-012023-12-3101747470ns5:LandBuildings2022-12-3101747470ns5:LandBuildingsns5:ShortLeaseholdAssets2022-12-3101747470ns5:PlantMachinery2022-12-3101747470ns5:FurnitureFittings2022-12-3101747470ns5:LandBuildings2023-01-012023-12-3101747470ns5:LandBuildingsns5:ShortLeaseholdAssets2023-01-012023-12-3101747470ns5:LandBuildings2023-12-3101747470ns5:LandBuildingsns5:ShortLeaseholdAssets2023-12-3101747470ns5:PlantMachinery2023-12-3101747470ns5:FurnitureFittings2023-12-3101747470ns5:LandBuildings2022-12-3101747470ns5:LandBuildingsns5:ShortLeaseholdAssets2022-12-3101747470ns5:PlantMachinery2022-12-3101747470ns5:FurnitureFittings2022-12-3101747470ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3101747470ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31
REGISTERED NUMBER: 01747470 (England and Wales)














MARCH MEDIA LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023






MARCH MEDIA LIMITED (REGISTERED NUMBER: 01747470)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MARCH MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTOR: A .T. Luff



REGISTERED OFFICE: 137, Station Road,
Chingford,
London
E4 6AG



REGISTERED NUMBER: 01747470 (England and Wales)



ACCOUNTANTS: Cobbin Floyd Ltd
t/as Findlay Wetherfield Scott & Co
Chartered Accountants
137, Station Road,
Chingford,
London
E4 6AG



BANKERS: Barclays Bank plc.,
9, Portman Square,
London,
W1A 3AL

MARCH MEDIA LIMITED (REGISTERED NUMBER: 01747470)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,878 109,003

CURRENT ASSETS
Debtors 5 320 33,216
Cash at bank 347,411 4,539
347,731 37,755
CREDITORS
Amounts falling due within one year 6 38,363 18,170
NET CURRENT ASSETS 309,368 19,585
TOTAL ASSETS LESS CURRENT
LIABILITIES

329,246

128,588

CAPITAL AND RESERVES
Called up share capital 61,250 61,250
Share premium 60,009 60,009
Retained earnings 207,987 7,329
SHAREHOLDERS' FUNDS 329,246 128,588

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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 19th September 2024 and were signed by:





A .T. Luff - Director


MARCH MEDIA LIMITED (REGISTERED NUMBER: 01747470)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

March 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 represents the value of agreements and charges that have been agreed in principle and invoiced to the customer, less credits for those cancelled during the term of the agreement.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 10% on cost

Long leasehold premises and the freehold reversion for the property from which the company operates are investment properties and are not depreciated.
No assets have been revalued as required by FRS 102 and all are stated at historic cost.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

MARCH MEDIA LIMITED (REGISTERED NUMBER: 01747470)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Short Plant and and
property leasehold machinery fittings Totals
£    £    £    £    £   
Cost
At 1st January 2023 15,298 89,517 2,474 23,220 130,509
Additions - - 581 - 581
Disposals - (89,517 ) (2,474 ) (9,130 ) (101,121 )
At 31st December 2023 15,298 - 581 14,090 29,969
Depreciation
At 1st January 2023 - - 2,472 19,034 21,506
Charge for year - - 145 39 184
Eliminated on disposal - - (2,472 ) (9,127 ) (11,599 )
At 31st December 2023 - - 145 9,946 10,091
Net book value
At 31st December 2023 15,298 - 436 4,144 19,878
At 31st December 2022 15,298 89,517 2 4,186 109,003

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 2,500
Other debtors 320 30,716
320 33,216

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 36,625 -
Other creditors 188 2,418
Loans - 8,714
Directors' current accounts - 6,000
Accrued expenses 1,550 1,038
38,363 18,170

7. ULTIMATE CONTROLLING PARTY

The controlling party is A.T.Luff, the director, by virtue of his ownership of the whole of the company's issued ordinary share capital.