Company Registration No. 09879853 (England and Wales)
Cool Hand Media Group Limited
Unaudited accounts
for the year ended 30 November 2023
Cool Hand Media Group Limited
Unaudited accounts
Contents
Cool Hand Media Group Limited
Company Information
for the year ended 30 November 2023
Directors
Ms Jayne Collins
Robert S. M. Mackintosh
Company Number
09879853 (England and Wales)
Registered Office
Monomark House
Old Gloucester Street
London
WC1N 3AX
United Kingdom
Accountants
Primenet Ventures Limited
Lansdowne
London Colney
St Albans
Hertfordshire
AL2 1BU
Cool Hand Media Group Limited
Statement of financial position
as at 30 November 2023
Tangible assets
111,997
61,238
Cash at bank and in hand
37,015
2,421
Creditors: amounts falling due within one year
(252,970)
(261,039)
Net current liabilities
(186,905)
(183,040)
Total assets less current liabilities
(74,908)
(121,802)
Creditors: amounts falling due after more than one year
(344,276)
(174,788)
Net liabilities
(419,184)
(296,590)
Called up share capital
3
3
Profit and loss account
(419,187)
(296,593)
Shareholders' funds
(419,184)
(296,590)
For the year ending 30 November 2023 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 November 2024 and were signed on its behalf by
Ms Jayne Collins
Director
Company Registration No. 09879853
Cool Hand Media Group Limited
Notes to the Accounts
for the year ended 30 November 2023
Cool Hand Media Group Limited is a private company, limited by shares, registered in England and Wales, registration number 09879853. The registered office is Monomark House, Old Gloucester Street, London, WC1N 3AX, United Kingdom.
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.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
20% pa (on wdv)
Fixtures & fittings
20% pa (on wdv)
As at 30 November 2023 the company had a net asset deficiency of £419,814 (2022 - £296,590).
The financial statements have been prepared on a going concern basis as the directors and shareholders have pledged their continuing support for a minimum of 12 months from the date of issuing these financial statements.
Cool Hand Media Group Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2022
34,071
46,068
80,139
Additions
70,874
6,513
77,387
At 30 November 2023
104,945
52,581
157,526
At 1 December 2022
9,687
9,214
18,901
Charge for the year
16,112
10,516
26,628
At 30 November 2023
25,799
19,730
45,529
At 30 November 2023
79,146
32,851
111,997
At 30 November 2022
24,384
36,854
61,238
Amounts falling due within one year
Trade debtors
2,179
14,114
Amounts due from group undertakings etc.
25,751
33,251
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
248,845
215,571
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
100,187
59,117
Loans from directors
244,089
115,671
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
Cool Hand Media Group Limited
Notes to the Accounts
for the year ended 30 November 2023
9
Transactions with related parties
At the balance sheet date of 30 November 2023, included in other creditors falling due in less than one year, the sum of £0 (2022 - £41,072), and in other creditors falling due after one year, the sum of £100,188 (2022 - £59,117) was due jointly to the directors Ms Jayne Collins and Robert S M Mackintosh.
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).