Company Registration No. 3013655 (England and Wales)
MEDIA MANAGEMENT CORPORATION LIMITED
Unaudited accounts
for the year ended 31 May 2024
MEDIA MANAGEMENT CORPORATION LIMITED
Unaudited accounts
Contents
MEDIA MANAGEMENT CORPORATION LIMITED
Company Information
for the year ended 31 May 2024
Company Number
3013655 (England and Wales)
Registered Office
109 ROMAN ROAD
LUTON
BEDFORDSHIRE
LU4 9DL
Accountants
M A Associates
21a Dudden Hill Lane
London
NW10 2ET
MEDIA MANAGEMENT CORPORATION LIMITED
Statement of financial position
as at 31 May 2024
Investments
135,622
135,622
Cash at bank and in hand
29,768
31,218
Creditors: amounts falling due within one year
(76,709)
(70,882)
Net current liabilities
(23,778)
(22,979)
Total assets less current liabilities
111,971
112,802
Creditors: amounts falling due after more than one year
(3,471)
(5,596)
Net assets
108,500
107,206
Called up share capital
2
2
Profit and loss account
108,498
107,204
Shareholders' funds
108,500
107,206
For the year ending 31 May 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 14 October 2024 and were signed on its behalf by
D Payne
Director
Company Registration No. 3013655
MEDIA MANAGEMENT CORPORATION LIMITED
Notes to the Accounts
for the year ended 31 May 2024
MEDIA MANAGEMENT CORPORATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 3013655. The registered office is 109 ROMAN ROAD, LUTON, BEDFORDSHIRE, LU4 9DL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
4
Tangible fixed assets
Computer equipment
5
Investments
Other investments
Valuation at 1 June 2023
135,622
Valuation at 31 May 2024
135,622
MEDIA MANAGEMENT CORPORATION LIMITED
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due after more than one year
Trade debtors
23,163
16,685
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
15,181
16,681
Taxes and social security
3,821
4,205
Other creditors
(1,990)
(1,806)
Loans from directors
37,854
28,457
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).