1 June 2023 false No description of principal activity Taxfiler 2024.6 12585244business:PrivateLimitedCompanyLtd2023-06-012024-05-31 125852442023-05-31 125852442023-06-012024-05-31 12585244business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 12585244business:FilletedAccounts2023-06-012024-05-31 125852442024-05-31 12585244business:Director12023-06-012024-05-31 12585244business:RegisteredOffice2023-06-012024-05-31 125852442023-05-31 12585244core:WithinOneYear2024-05-31 12585244core:WithinOneYear2023-05-31 12585244core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 12585244core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12585244core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 12585244core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12585244core:PreviouslyStatedAmount2024-05-31 12585244core:PreviouslyStatedAmount2023-05-31 12585244business:SmallEntities2023-06-012024-05-31 12585244countries:EnglandWales2023-06-012024-05-31 12585244core:PlantMachinery2023-06-012024-05-31 12585244core:PlantMachinery2023-05-31 12585244core:ComputerEquipment2023-05-31 12585244core:ComputerEquipment2023-06-012024-05-31 12585244core:PlantMachinery2024-05-31 12585244core:ComputerEquipment2024-05-31 12585244core:AfterOneYear2024-05-31 12585244core:AfterOneYear2023-05-31 125852442022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12585244 (England and Wales)
Hover Media Ltd Unaudited accounts for the year ended 31 May 2024
Hover Media Ltd Unaudited accounts Contents
Page
- 2 -
Hover Media Ltd Company Information for the year ended 31 May 2024
Director
Stefan Frizzel
Company Number
12585244 (England and Wales)
Registered Office
13 South Market Street Hetton Le Hole Houghton Le Spring Tyne and Wear DH5 9DP England
Accountants
Dead Simple Accounting Suite 30, 105 London Street Reading Berkshire RG1 4QD
- 3 -
Hover Media Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,126 
2,980 
Current assets
Debtors
1,790 
193 
Cash at bank and in hand
978 
472 
2,768 
665 
Creditors: amounts falling due within one year
(25,780)
(14,099)
Net current liabilities
(23,012)
(13,434)
Net liabilities
(18,886)
(10,454)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(18,887)
(10,455)
Shareholders' funds
(18,886)
(10,454)
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 27 November 2024 and were signed on its behalf by
Stefan Frizzel Director Company Registration No. 12585244
- 4 -
Hover Media Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Hover Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 12585244. The registered office is 13 South Market Street, Hetton Le Hole, Houghton Le Spring, Tyne and Wear, DH5 9DP, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
4,693 
- 
4,693 
Additions
2,313 
780 
3,093 
At 31 May 2024
7,006 
780 
7,786 
Depreciation
At 1 June 2023
1,713 
- 
1,713 
Charge for the year
1,752 
195 
1,947 
At 31 May 2024
3,465 
195 
3,660 
Net book value
At 31 May 2024
3,541 
585 
4,126 
At 31 May 2023
2,980 
- 
2,980 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,790 
- 
Amounts falling due after more than one year
Trade debtors
- 
193 
- 5 -
Hover Media Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
187 
(567)
Loans from directors
25,043 
14,116 
Accruals
550 
550 
25,780 
14,099 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -