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REGISTERED NUMBER: 08063977 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 May 2024

for

CTC International Media Limited

CTC International Media Limited (Registered number: 08063977)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CTC International Media Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: C T Dooley
C Dooley





SECRETARY: C Dooley





REGISTERED OFFICE: 23 Hedgers Way
Kingsnorth
Ashford
Kent
TN23 3GN





REGISTERED NUMBER: 08063977 (England and Wales)





ACCOUNTANTS: Myers & Co Accountants Limited
Suite 204A, East Wing
Sterling House
Langston Road
Loughton
Essex
IG10 3TS

CTC International Media Limited (Registered number: 08063977)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,075 12,100

CURRENT ASSETS
Debtors 5 109,987 107,722
Cash at bank 86,297 86,127
196,284 193,849
CREDITORS
Amounts falling due within one year 6 32,854 27,854
NET CURRENT ASSETS 163,430 165,995
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,505

178,095

CREDITORS
Amounts falling due after more than one year 7 27,948 33,689
NET ASSETS 144,557 144,406

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 144,457 144,306
SHAREHOLDERS' FUNDS 144,557 144,406

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

CTC International Media Limited (Registered number: 08063977)

Balance Sheet - continued
31 May 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 9 October 2024 and were signed on its behalf by:





C T Dooley - Director


CTC International Media Limited (Registered number: 08063977)

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

1. STATUTORY INFORMATION

CTC International 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 - 25% on reducing balance

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 - 4 ) .

CTC International Media Limited (Registered number: 08063977)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 29,595
DEPRECIATION
At 1 June 2023 17,495
Charge for year 3,025
At 31 May 2024 20,520
NET BOOK VALUE
At 31 May 2024 9,075
At 31 May 2023 12,100

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 50,766 50,450
Amounts owed by group undertakings 58,519 55,392
Other debtors 702 1,880
109,987 107,722

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 6,057 5,908
Trade creditors (8 ) 1
Taxation and social security 23,989 19,065
Other creditors 2,816 2,880
32,854 27,854

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 27,948 33,689