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REGISTERED NUMBER: 05541628 (England and Wales)










Seveer Media Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024






Seveer Media Limited (Registered number: 05541628)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Seveer Media Limited

Company Information
for the year ended 31 March 2024







DIRECTORS: Mr A Ottiwell
Mr S P Reeves





SECRETARY: Mrs C J Reeves





REGISTERED OFFICE: 2nd Floor
The Cheshire Cheese
181 Manchester Road
Altrincham
Cheshire
WA14 5NT





REGISTERED NUMBER: 05541628 (England and Wales)





ACCOUNTANTS: Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

Seveer Media Limited (Registered number: 05541628)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,080 22,919
Investments 5 1,000 1,000
21,080 23,919

CURRENT ASSETS
Debtors 6 250,348 163,535
Cash at bank 28,032 118,623
278,380 282,158
CREDITORS
Amounts falling due within one year 7 115,053 111,714
NET CURRENT ASSETS 163,327 170,444
TOTAL ASSETS LESS CURRENT
LIABILITIES

184,407

194,363

CREDITORS
Amounts falling due after more than one year 8 (7,936 ) (18,619 )

PROVISIONS FOR LIABILITIES (1,594 ) (1,594 )
NET ASSETS 174,877 174,150

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 174,777 174,050
SHAREHOLDERS' FUNDS 174,877 174,150

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 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.

Seveer Media Limited (Registered number: 05541628)

Balance Sheet - continued
31 March 2024


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 4 October 2024 and were signed on its behalf by:





Mr S P Reeves - Director


Seveer Media Limited (Registered number: 05541628)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Seveer 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.
Plant and machinery etc - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

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.

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 (2023 - 5 ) .

Seveer Media Limited (Registered number: 05541628)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 92,674
Additions 2,226
At 31 March 2024 94,900
DEPRECIATION
At 1 April 2023 69,755
Charge for year 5,065
At 31 March 2024 74,820
NET BOOK VALUE
At 31 March 2024 20,080
At 31 March 2023 22,919

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 1,000
NET BOOK VALUE
At 31 March 2024 1,000
At 31 March 2023 1,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,466 10,570
Amounts owed by group undertakings 174,087 119,087
Other debtors 61,795 33,878
250,348 163,535

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,160 11,160
Trade creditors 626 624
Amounts owed to group undertakings 1,000 1,000
Taxation and social security 45,432 47,684
Other creditors 56,835 51,246
115,053 111,714

Seveer Media Limited (Registered number: 05541628)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 7,936 18,619

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr S P Reeves.