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REGISTERED NUMBER: 07135063 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Interfuse Media Ltd

Interfuse Media Ltd (Registered number: 07135063)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Interfuse Media Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: T S Cole





REGISTERED OFFICE: Sterling House
7 Ashford Road
Maidstone
Kent
ME14 5BJ





REGISTERED NUMBER: 07135063 (England and Wales)





ACCOUNTANTS: Berry & Company
Chartered Accountants
Sterling House
7 Ashford Road
Maidstone
Kent
ME14 5BJ

Interfuse Media Ltd (Registered number: 07135063)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 11,246 1,371
11,247 1,372

CURRENT ASSETS
Debtors 6 13,049 10,644
Cash at bank 55,085 83,837
68,134 94,481
CREDITORS
Amounts falling due within one year 7 16,024 15,605
NET CURRENT ASSETS 52,110 78,876
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,357

80,248

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 63,356 80,247
SHAREHOLDERS' FUNDS 63,357 80,248

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 3 October 2024 and were signed by:





T S Cole - Director


Interfuse Media Ltd (Registered number: 07135063)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Interfuse 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income recognition
Turnover represents the fair value of consideration received or receivable derived from the rendering of services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 33% on cost and 15% on reducing balance

Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

Interfuse Media Ltd (Registered number: 07135063)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 10,000
AMORTISATION
At 1 February 2023
and 31 January 2024 9,999
NET BOOK VALUE
At 31 January 2024 1
At 31 January 2023 1

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 40,925
Additions 14,581
At 31 January 2024 55,506
DEPRECIATION
At 1 February 2023 39,554
Charge for year 4,706
At 31 January 2024 44,260
NET BOOK VALUE
At 31 January 2024 11,246
At 31 January 2023 1,371

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,993 644
Other debtors 11,056 10,000
13,049 10,644

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 708 654
Taxation and social security 1,429 2,985
Other creditors 13,887 11,966
16,024 15,605

Interfuse Media Ltd (Registered number: 07135063)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. RELATED PARTY DISCLOSURES

Included within other debtors is an intercompany loan totalling £10,000 to Songpad Limited, a company registered in England and Wales (company number:14353942) in which the director, T S Cole, is a director and majority shareholder. The director has stated that this loan is freely given and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The controlling party is T S Cole.