BrightAccountsProduction v1.0.0 v1.0.0 2023-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The company's principal activity continues to be that of digital media and marketing. 22 November 2024 0 0 07427994 2023-12-31 07427994 2022-12-31 07427994 2021-12-31 07427994 2023-01-01 2023-12-31 07427994 2022-01-01 2022-12-31 07427994 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07427994 uk-curr:PoundSterling 2023-01-01 2023-12-31 07427994 uk-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07427994 uk-bus:FullAccounts 2023-01-01 2023-12-31 07427994 uk-bus:Director1 2023-01-01 2023-12-31 07427994 uk-bus:Director2 2023-01-01 2023-12-31 07427994 uk-bus:RegisteredOffice 2023-01-01 2023-12-31 07427994 uk-bus:Agent1 2023-01-01 2023-12-31 07427994 uk-core:ShareCapital 2023-12-31 07427994 uk-core:ShareCapital 2022-12-31 07427994 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 07427994 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 07427994 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 07427994 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-12-31 07427994 uk-bus:FRS102 2023-01-01 2023-12-31 07427994 uk-core:LandBuildings 2023-01-01 2023-12-31 07427994 uk-core:CurrentFinancialInstruments 2023-12-31 07427994 uk-core:CurrentFinancialInstruments 2022-12-31 07427994 uk-core:WithinOneYear 2023-12-31 07427994 uk-core:WithinOneYear 2022-12-31 07427994 uk-core:WithinOneYear 2023-12-31 07427994 uk-core:WithinOneYear 2022-12-31 07427994 2023-01-01 2023-12-31 07427994 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
WeKnow Media Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 December 2023



WeKnow Media Limited
DIRECTOR AND OTHER INFORMATION

 
Directors Nathalie Millar
Jeremy Cowan (Resigned 7 July 2023)
 
 
Company Registration Number 07427994
 
 
Registered Office Suite 138, 80 Churchill Square
Kings Hill
West Malling
ME19 4YU
 
 
Accountants KMA Spotlight
Somerset House
Strand
London
WC2R 1LA



WeKnow Media Limited
Company Registration Number: 07427994
BALANCE SHEET
as at 31 December 2023

2023 2022
Notes £ £
 
Fixed Assets
Tangible assets 4 3,509 3,298
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Current Assets
Debtors 5 363,372 183,889
Cash at bank and in hand 71,602 295,041
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434,974 478,930
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Creditors: amounts falling due within one year 6 (254,418) (226,886)
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Net Current Assets 180,556 252,044
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Total Assets less Current Liabilities 184,065 255,342
 
Creditors:
amounts falling due after more than one year 7 (26,667) (46,667)
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Net Assets 157,398 208,675
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Capital and Reserves
Called up share capital 68 100
Retained earnings 157,330 208,575
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Equity attributable to owners of the company 157,398 208,675
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The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.
           
For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges her responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 22 November 2024
           
           
________________________________          
Nathalie Millar          
Director          
           



WeKnow Media Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2023

   
1. General Information
 
WeKnow Media Limited is a private company, limited by shares, registered in England and Wales, registration number 07427994. The registered office is Suite138, 80 Churchill Square, Kings Hill, West Malling, ME19 4YU.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Computer Equipment - 25% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Dividends
Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Research and development
Development expenditure is written off to the Profit and Loss Account in the financial year in which it is incurred.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 4 (2022 - 4).
       
4. Tangible assets
  Computer Total
  Equipment  
     
  £ £
Cost
At 1 January 2023 12,320 12,320
Additions 2,667 2,667
  ───────── ─────────
At 31 December 2023 14,987 14,987
  ───────── ─────────
Depreciation
At 1 January 2023 9,022 9,022
Charge for the financial year 2,456 2,456
  ───────── ─────────
At 31 December 2023 11,478 11,478
  ───────── ─────────
Net book value
At 31 December 2023 3,509 3,509
  ═════════ ═════════
At 31 December 2022 3,298 3,298
  ═════════ ═════════
       
5. Debtors 2023 2022
  £ £
 
Trade debtors 279,309 150,884
Other debtors 70,631 31,008
Taxation 10,169 -
Prepayments and accrued income 3,263 1,997
  ───────── ─────────
  363,372 183,889
  ═════════ ═════════
       
6. Creditors 2023 2022
Amounts falling due within one year £ £
 
Bank overdrafts 2,175 1,086
Bank loan 20,000 20,000
Trade creditors 63,463 38,756
Taxation 60,725 59,204
Other creditors - 526
Accruals and deferred income 108,055 107,314
  ───────── ─────────
  254,418 226,886
  ═════════ ═════════
       
7. Creditors 2023 2022
Amounts falling due after more than one year £ £
 
Bank loan 26,667 46,667
  ═════════ ═════════
 
       
8. Share Capital
 
During the year, the company purchased 3,158 of their own ordinary shares at a premium of £55.55 per share.
 
  2023 2022
  £ £
 
Alloted, called-up and fully paid: 68 100
  ═════════ ═════════