Registered number
07622959
Noisy Media Limited
Filleted Accounts
31 May 2024
Noisy Media Limited
Registered number: 07622959
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,393 2,840
Current assets
Debtors 4 8,721 8,262
Cash at bank and in hand 2,355 1,268
11,076 9,530
Creditors: amounts falling due within one year 5 (12,734) (11,676)
Net current liabilities (1,658) (2,146)
Net assets 735 694
Capital and reserves
Called up share capital 1 1
Profit and loss account 734 693
Shareholders' funds 735 694
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Simon Evans
Director
Approved by the board on 27 September 2024
Noisy Media Limited
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% Reducing balance basis
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2023 5,941
Additions 350
At 31 May 2024 6,291
Depreciation
At 1 June 2023 3,101
Charge for the year 797
At 31 May 2024 3,898
Net book value
At 31 May 2024 2,393
At 31 May 2023 2,840
4 Debtors 2024 2023
£ £
Other debtors 8,721 8,262
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 10,960 10,043
Other creditors 1,774 1,633
12,734 11,676
6 Other information
Noisy Media Limited is a private company limited by shares and incorporated in England. Its registered office is:
Airport House
Purley Way
Croydon
Surrey
CR0 0XZ
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