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REGISTERED NUMBER: 08474892 (England and Wales)


















Morgan Media Partners Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2024






Morgan Media Partners Ltd (Registered number: 08474892)

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


Morgan Media Partners Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: R R Morgan





REGISTERED OFFICE: 1 Bell Street
2nd Floor
London
NW1 5BY





REGISTERED NUMBER: 08474892 (England and Wales)





ACCOUNTANTS: DSJ Partners (UK) Limited
2nd Floor
1 Bell Street
London
NW1 5BY

Morgan Media Partners Ltd (Registered number: 08474892)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 14,921 19,894
Investments 5 - 1,261,895
14,921 1,281,789

CURRENT ASSETS
Debtors 6 1,359,998 277,824
Investments 7 104,440 104,440
Cash at bank 113,615 56,775
1,578,053 439,039
CREDITORS
Amounts falling due within one year 8 (13,693 ) (13,047 )
NET CURRENT ASSETS 1,564,360 425,992
TOTAL ASSETS LESS CURRENT LIABILITIES 1,579,281 1,707,781

CAPITAL AND RESERVES
Called up share capital 154 154
Other reserves 8 8
Fair value reserve - (293,231 )
Retained earnings 1,579,119 2,000,850
SHAREHOLDERS' FUNDS 1,579,281 1,707,781

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.

Morgan Media Partners Ltd (Registered number: 08474892)

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 3 December 2024 and were signed by:





R R Morgan - Director


Morgan Media Partners Ltd (Registered number: 08474892)

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


1. STATUTORY INFORMATION

Morgan Media Partners Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents fees earned for services provided and goods sold during the period , excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Investments
Fixed asset investments are stated at market value at the year end.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Morgan Media Partners Ltd (Registered number: 08474892)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 7,026 30,950 4,322 42,298
DEPRECIATION
At 1 April 2023 5,322 13,541 3,541 22,404
Charge for year 426 4,352 195 4,973
At 31 March 2024 5,748 17,893 3,736 27,377
NET BOOK VALUE
At 31 March 2024 1,278 13,057 586 14,921
At 31 March 2023 1,704 17,409 781 19,894

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 1,261,895
Disposals (1,287,770 )
Revaluations 25,875
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 1,261,895

Market value of listed investments as at 31 March 2024 - £Nil (2023: £1,261,895.)

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 41,008 -
Other debtors 189,124 209,042
Other debtors 34,295 -
Directors' current accounts 1,095,571 -
Deferred tax asset - 68,782
1,359,998 277,824

Morgan Media Partners Ltd (Registered number: 08474892)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Subsequent to the year end the Director has repaid the loan.

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Short term investment 104,440 104,440

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 606 606
Other creditors 13,087 12,404
Directors' current accounts - 37
13,693 13,047