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Company Registration No. 11273703 (England and Wales)
Output Media Group Limited Unaudited accounts for the year ended 31 March 2024
Output Media Group Limited Unaudited accounts Contents
Page
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Output Media Group Limited Company Information for the year ended 31 March 2024
Director
Leonard Bryan
Company Number
11273703 (England and Wales)
Registered Office
77 MILSON ROAD WEST KENSINGTON LONDON W14 0LH United Kingdom
Accountants
Murugesu Associates 77 Milson Road West Kensington London W14 0LH
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Output Media Group Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
37,469 
16,723 
Current assets
Inventories
35,000 
30,000 
Cash at bank and in hand
10,364 
20,896 
45,364 
50,896 
Creditors: amounts falling due within one year
(110,079)
(78,018)
Net current liabilities
(64,715)
(27,122)
Total assets less current liabilities
(27,246)
(10,399)
Creditors: amounts falling due after more than one year
(29,452)
(9,306)
Net liabilities
(56,698)
(19,705)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(56,699)
(19,706)
Shareholders' funds
(56,698)
(19,705)
For the year ending 31 March 2024 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 5 October 2024 and were signed on its behalf by
Leonard Bryan Director Company Registration No. 11273703
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Output Media Group Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Output Media Group Limited is a private company, limited by shares, registered in England and Wales, registration number 11273703. The registered office is 77 MILSON ROAD, WEST KENSINGTON, LONDON, W14 0LH, 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.
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:
Motor vehicles
25% on a reducing balance
Computer equipment
10% on cost
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
22,681 
6,500 
29,181 
Additions
45,538 
- 
45,538 
Disposals
(22,681)
- 
(22,681)
At 31 March 2024
45,538 
6,500 
52,038 
Depreciation
At 1 April 2023
9,923 
2,535 
12,458 
Charge for the year
11,384 
650 
12,034 
On disposals
(9,923)
- 
(9,923)
At 31 March 2024
11,384 
3,185 
14,569 
Net book value
At 31 March 2024
34,154 
3,315 
37,469 
At 31 March 2023
12,758 
3,965 
16,723 
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Output Media Group Limited Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
426 
5,928 
Obligations under finance leases and hire purchase contracts
2,189 
- 
Trade creditors
13,988 
3,674 
Taxes and social security
2,165 
(1,452)
Loans from directors
89,861 
66,968 
Accruals
1,450 
2,900 
110,079 
78,018 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,034 
9,306 
Obligations under finance leases and hire purchase contracts
22,418 
- 
29,452 
9,306 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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