Ellanar Media Limited 09765022 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is The principal activity of the company during the period was that of media consultancy. Digita Accounts Production Advanced 6.30.9574.0 true true 09765022 2023-04-01 2024-03-31 09765022 2024-03-31 09765022 core:CurrentFinancialInstruments 2024-03-31 09765022 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09765022 core:FurnitureFittingsToolsEquipment 2024-03-31 09765022 bus:SmallEntities 2023-04-01 2024-03-31 09765022 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09765022 bus:FilletedAccounts 2023-04-01 2024-03-31 09765022 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09765022 bus:RegisteredOffice 2023-04-01 2024-03-31 09765022 bus:Director1 2023-04-01 2024-03-31 09765022 bus:Director2 2023-04-01 2024-03-31 09765022 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09765022 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 09765022 core:OfficeEquipment 2023-04-01 2024-03-31 09765022 countries:EnglandWales 2023-04-01 2024-03-31 09765022 2023-03-31 09765022 core:FurnitureFittingsToolsEquipment 2023-03-31 09765022 2022-04-01 2023-03-31 09765022 2023-03-31 09765022 core:CurrentFinancialInstruments 2023-03-31 09765022 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 09765022 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 09765022

Ellanar Media Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024

Brebners
Chartered Accountants
130 Shaftesbury Avenue
London
W1D 5AR

 

Ellanar Media Limited

Contents

Company Information

1

Statement of Financial Position

2 to 3

Notes to the Unaudited Financial Statements

4 to 6

 

Ellanar Media Limited

Company Information

Directors

R F de Jong

L S de Jong

Registered office

130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

Accountants

Brebners
Chartered Accountants
130 Shaftesbury Avenue
London
W1D 5AR

 

Ellanar Media Limited

Statement of Financial Position as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

2,075

3,461

Current assets

 

Debtors

5

65,917

9,900

Cash at bank and in hand

 

113,807

172,462

 

179,724

182,362

Creditors: Amounts falling due within one year

6

(28,330)

(52,744)

Net current assets

 

151,394

129,618

Total assets less current liabilities

 

153,469

133,079

Provisions for liabilities

(518)

(865)

Net assets

 

152,951

132,214

Capital and reserves

 

Called up share capital

100

100

Retained earnings

152,851

132,114

Shareholders' funds

 

152,951

132,214

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

 

Ellanar Media Limited

Statement of Financial Position as at 31 March 2024

Approved and authorised by the Board on 19 September 2024 and signed on its behalf by:
 

.........................................

R F de Jong

Director

Company registration number: 09765022

 

Ellanar Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company during the period was that of media consultancy.

2

Accounting policies

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared using the historical cost convention and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Going concern

The company made a profit for the year ended 31 March 2024 and had net assets of £152,951 at that date including cash at bank of £113,807.

The directors have considered the potential effect of the current economic outlook and the directors believe that the impact will be manageable. The company continues to trade profitably and has few fixed overheads.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of consultancy services in the ordinary course of the company's activities. Turnover is shown net of value added tax.

The company recognises revenue over the period in which consultancy services are provided.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Ellanar Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company during the year, was 2 (2023 - 2).

 

Ellanar Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Office equipment
 £

Total
£

Cost

At 1 April 2023

12,631

12,631

At 31 March 2024

12,631

12,631

Depreciation

At 1 April 2023

9,170

9,170

Charge for the year

1,386

1,386

At 31 March 2024

10,556

10,556

Carrying amount

At 31 March 2024

2,075

2,075

At 31 March 2023

3,461

3,461

5

Debtors

2024
£

2023
£

Trade debtors

-

9,900

Other debtors

65,917

-

65,917

9,900

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Trade creditors

8,133

8,133

Taxation and social security

14,697

19,736

Accruals and deferred income

5,500

5,500

Other creditors

-

19,375

28,330

52,744

7

Transactions with directors

At 31 March 2024 an amount of £65,917 (2023: £Nil) was due from the directors. During the year there were advances to the directors amounting to £101,063 and repayments amounting to £16,329. Interest of £559 (2023: £317) has been charged at 2.25% per annum, and there are no agreed terms.