Silverfin false false 31/07/2024 05/04/2023 31/07/2024 B J Kenny 05/04/2023 02 January 2025 The principal activity of the Company during the financial period was the sale and development of business and domestic software. The Company commenced trade on incorporation and has ceased to trade as at 31 July 2024. 14783244 2024-07-31 14783244 bus:Director1 2024-07-31 14783244 core:CurrentFinancialInstruments 2024-07-31 14783244 core:ShareCapital 2024-07-31 14783244 core:RetainedEarningsAccumulatedLosses 2024-07-31 14783244 bus:OrdinaryShareClass1 2024-07-31 14783244 2023-04-05 2024-07-31 14783244 bus:FilletedAccounts 2023-04-05 2024-07-31 14783244 bus:SmallEntities 2023-04-05 2024-07-31 14783244 bus:AuditExemptWithAccountantsReport 2023-04-05 2024-07-31 14783244 bus:PrivateLimitedCompanyLtd 2023-04-05 2024-07-31 14783244 bus:Director1 2023-04-05 2024-07-31 14783244 bus:OrdinaryShareClass1 2023-04-05 2024-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14783244 (England and Wales)

APSAN MEDIA LTD

Unaudited Financial Statements
For the financial period from 05 April 2023 to 31 July 2024
Pages for filing with the registrar

APSAN MEDIA LTD

Unaudited Financial Statements

For the financial period from 05 April 2023 to 31 July 2024

Contents

APSAN MEDIA LTD

STATEMENT OF FINANCIAL POSITION

As at 31 July 2024
APSAN MEDIA LTD

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 July 2024
Note 31.07.2024
£
Current assets
Debtors 3 4,080
Cash at bank and in hand 22,041
26,121
Creditors: amounts falling due within one year 4 ( 19,848)
Net current assets 6,273
Total assets less current liabilities 6,273
Net assets 6,273
Capital and reserves
Called-up share capital 5 100
Profit and loss account 6,173
Total shareholder's funds 6,273

For the financial period ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Apsan Media Ltd (registered number: 14783244) were approved and authorised for issue by the Director on 02 January 2025. They were signed on its behalf by:

B J Kenny
Director
APSAN MEDIA LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 05 April 2023 to 31 July 2024
APSAN MEDIA LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 05 April 2023 to 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Apsan Media Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in . The address of the Company's registered office is 8 Innicks Close, Ubley, Bristol, United Kingdom, BS40 6PL.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

In 2024, the director made the decision that the Company would cease trading. The date of cessation was 31 July 2024. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

Period from
05.04.2023 to
31.07.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Debtors

31.07.2024
£
Amounts owed by associates 4,080

4. Creditors: amounts falling due within one year

31.07.2024
£
Accruals 4,748
Taxation and social security 15,100
19,848

5. Called-up share capital

31.07.2024
£
Allotted, called-up and fully-paid
10,000 A ordinary shares of £ 0.01 each 100

6. Related party transactions

Total dividends voted for the period were £54,196.