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REGISTERED NUMBER: 06318537 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

M Squared Media Limited

M Squared Media Limited (Registered number: 06318537)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M Squared Media Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: M W H Moloney





SECRETARY: H C Bailey





REGISTERED OFFICE: Allington House
25 High Street
Wimbledon
London
SW19 5DX





REGISTERED NUMBER: 06318537 (England and Wales)





ACCOUNTANTS: ASTREALM ACCOUNTING LTD
8 Cedar Grove
Amersham
Buckinghamshire
HP7 9BG

M Squared Media Limited (Registered number: 06318537)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 288,456 283,950
Tangible assets 5 861 3,492
289,317 287,442

CURRENT ASSETS
Debtors 6 2,008,448 1,088,312
Investments 7 1,752,289 -
Cash at bank 899,325 2,179,122
4,660,062 3,267,434
CREDITORS
Amounts falling due within one year 8 4,239,364 2,894,184
NET CURRENT ASSETS 420,698 373,250
TOTAL ASSETS LESS CURRENT
LIABILITIES

710,015

660,692

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 709,915 660,592
SHAREHOLDERS' FUNDS 710,015 660,692

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

M Squared Media Limited (Registered number: 06318537)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2024 and were signed by:





M W H Moloney - Director


M Squared Media Limited (Registered number: 06318537)

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


1. STATUTORY INFORMATION

M Squared Media Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of eight years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of eight years.

Trade marks
Depreciation is provided to write off the cost over 8 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

M Squared Media Limited (Registered number: 06318537)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


2. ACCOUNTING POLICIES - continued

Turnover
Turnover represents amounts receivable for goods and services net of VAT on exhibitions and events held in the year and magazines published in the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 29 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 April 2023 2,238,950 1,060,000 3,298,950
Additions 50,000 - 50,000
At 31 March 2024 2,288,950 1,060,000 3,348,950
AMORTISATION
At 1 April 2023 1,985,000 1,030,000 3,015,000
Charge for year 37,994 7,500 45,494
At 31 March 2024 2,022,994 1,037,500 3,060,494
NET BOOK VALUE
At 31 March 2024 265,956 22,500 288,456
At 31 March 2023 253,950 30,000 283,950

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 9,427
Disposals (1,537 )
At 31 March 2024 7,890
DEPRECIATION
At 1 April 2023 5,935
Charge for year 2,631
Eliminated on disposal (1,537 )
At 31 March 2024 7,029
NET BOOK VALUE
At 31 March 2024 861
At 31 March 2023 3,492

M Squared Media Limited (Registered number: 06318537)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 927,734 367,723
Other debtors 1,080,714 720,589
2,008,448 1,088,312

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 1,752,289 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 313,479 242,844
Taxation and social security 221,376 299,423
Other creditors 3,704,509 2,351,917
4,239,364 2,894,184