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REGISTERED NUMBER: 13116706 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Braincup Media LTD

Braincup Media LTD (Registered number: 13116706)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Braincup Media LTD

Company Information
for the Year Ended 31 January 2024







DIRECTORS: I Chambers
J S Meskell





REGISTERED OFFICE: 28 Heathfield Road
London
W3 8EL





REGISTERED NUMBER: 13116706 (England and Wales)





ACCOUNTANTS: Professional Trust Group Limited
Chartered Accountants
7 Kendon Business Park
Maritime Close
Rochester
Kent
ME2 4JF

Braincup Media LTD (Registered number: 13116706)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,420 16,061

CURRENT ASSETS
Debtors 5 70,591 38,373
Cash at bank 39,515 54,220
110,106 92,593
CREDITORS
Amounts falling due within one year 6 33,575 29,913
NET CURRENT ASSETS 76,531 62,680
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,951

78,741

PROVISIONS FOR LIABILITIES 8,440 3,052
NET ASSETS 112,511 75,689

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 112,509 75,687
112,511 75,689

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 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.

Braincup Media LTD (Registered number: 13116706)

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





J S Meskell - Director


Braincup Media LTD (Registered number: 13116706)

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


1. STATUTORY INFORMATION

Braincup 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.

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 - 33% on cost and 20% on cost

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.

Braincup Media LTD (Registered number: 13116706)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 20,076
Additions 40,807
At 31 January 2024 60,883
DEPRECIATION
At 1 February 2023 4,015
Charge for year 12,448
At 31 January 2024 16,463
NET BOOK VALUE
At 31 January 2024 44,420
At 31 January 2023 16,061

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 35,947 38,371
Other debtors 34,644 2
70,591 38,373

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors - 4,548
Taxation and social security 31,230 25,365
Other creditors 2,345 -
33,575 29,913

Braincup Media LTD (Registered number: 13116706)

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


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
J S Meskell
Balance outstanding at start of year - -
Amounts advanced 4,244 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,244 -

I Chambers
Balance outstanding at start of year - -
Amounts advanced 6,472 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,472 -