1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 08005133 2023-04-01 2024-03-31 08005133 2024-03-31 08005133 2023-03-31 08005133 2022-04-01 2023-03-31 08005133 2023-03-31 08005133 2022-03-31 08005133 bus:Director1 2023-04-01 2024-03-31 08005133 core:WithinOneYear 2024-03-31 08005133 core:WithinOneYear 2023-03-31 08005133 bus:Director1 2023-03-31 08005133 bus:Director1 2024-03-31 08005133 bus:Director1 2022-03-31 08005133 bus:Director1 2023-03-31 08005133 bus:Director1 2022-04-01 2023-03-31 08005133 bus:Micro-entities 2023-04-01 2024-03-31 08005133 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08005133 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08005133 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08005133 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: 08005133
Iona Media Limited
Filleted Unaudited Financial Statements
31 March 2024
Iona Media Limited
Statement of Financial Position
31 March 2024
2024
2023
£
£
£
Fixed assets
3,016
2,087
-------
-------
Current assets
287,626
203,839
Prepayments and accrued income
7,760
----------
----------
295,386
203,839
Creditors: amounts falling due within one year
74,002
58,871
----------
----------
Net current assets
221,384
144,968
----------
----------
Total assets less current liabilities
224,400
147,055
Accruals and deferred income
1,500
1,600
----------
----------
222,900
145,455
----------
----------
Capital and reserves
222,900
145,455
----------
----------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
2. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr M Watkiss
87,466
15,183
102,649
---------
---------
----------
2023
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr M Watkiss
61,754
25,712
87,466
---------
---------
---------
Interest has been charged at 2.25% on overdrawn balances. The loan is repayable on demand.
For the year ending 31st March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 22 May 2024 , and are signed on behalf of the board by:
Mr M Watkiss
Director
Company registration number: 08005133
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Flat 2 Chesil House, St.Pauls Cray Road, Chislehurst, BR7 6QF, England.