Company Registration No. 07754946 (England and Wales)
Media Distribution Services Ltd
Unaudited accounts
for the year ended 31 August 2024
Media Distribution Services Ltd
Unaudited accounts
Contents
Media Distribution Services Ltd
Company Information
for the year ended 31 August 2024
Directors
Lee Cameron
Sara Murphy
Company Number
07754946 (England and Wales)
Registered Office
21 KINGS PIGHTLE
CHINEHAM
BASINGSTOKE
HAMPSHIRE
RG24 8XX
ENGLAND
Media Distribution Services Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
16,642
42,572
Cash at bank and in hand
420,532
376,593
Creditors: amounts falling due within one year
79,998
67,783
Net current assets
500,530
444,376
Net assets
517,172
486,948
Called up share capital
101
101
Profit and loss account
517,071
486,847
Shareholders' funds
517,172
486,948
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by
Lee Cameron
Director
Company Registration No. 07754946
Media Distribution Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
Media Distribution Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 07754946. The registered office is 21 KINGS PIGHTLE, CHINEHAM, BASINGSTOKE, HAMPSHIRE, RG24 8XX, ENGLAND.
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.
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:
Plant & machinery
3 Years Straight Line
Motor vehicles
3 Years Straight Line
Fixtures & fittings
3 Years Straight Line
Computer equipment
3 Years Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2023
20,044
89,481
109,525
At 31 August 2024
21,787
89,481
111,268
At 1 September 2023
19,276
47,677
66,953
Charge for the year
829
26,844
27,673
At 31 August 2024
20,105
74,521
94,626
At 31 August 2024
1,682
14,960
16,642
At 31 August 2023
768
41,804
42,572
Media Distribution Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
10,440
Obligations under finance leases and hire purchase contracts
32,635
59,462
Taxes and social security
45,476
30,219
Loans from directors
(172,324)
(192,886)
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).