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REGISTERED NUMBER: 07269897 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

HEROMEDIA PRODUCTIONS LIMITED

HEROMEDIA PRODUCTIONS LIMITED (REGISTERED NUMBER: 07269897)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HEROMEDIA PRODUCTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: R Warner
Mrs H C Warner





REGISTERED OFFICE: 3 Manor Road
Colchester
Essex
CO3 3LU





REGISTERED NUMBER: 07269897 (England and Wales)





ACCOUNTANTS: Richard Sexton & Co LLP
3 Manor Road
Colchester
Essex
CO3 3LU

HEROMEDIA PRODUCTIONS LIMITED (REGISTERED NUMBER: 07269897)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,615 40,299

CURRENT ASSETS
Debtors 5 1,877 6,711
Cash at bank 27,582 37,606
29,459 44,317
CREDITORS
Amounts falling due within one year 6 29,045 67,436
NET CURRENT ASSETS/(LIABILITIES) 414 (23,119 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,029

17,180

CREDITORS
Amounts falling due after more than one
year

7

(1,834

)

(3,833

)

PROVISIONS FOR LIABILITIES (11,500 ) (9,830 )
NET ASSETS 33,695 3,517

CAPITAL AND RESERVES
Called up share capital 160 160
Retained earnings 33,535 3,357
33,695 3,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HEROMEDIA PRODUCTIONS LIMITED (REGISTERED NUMBER: 07269897)

BALANCE SHEET - continued
30 JUNE 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 Board of Directors and authorised for issue on 23 December 2024 and were signed on its behalf by:




R Warner - Director



Mrs H C Warner - Director


HEROMEDIA PRODUCTIONS LIMITED (REGISTERED NUMBER: 07269897)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Heromedia Productions 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Government grants
Government grants in relation to expenditure are credited when the expenditure is charged to the profit and loss.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Work in progress
Turnover which had not been invoiced at the balance sheet date is shown as work in progress

HEROMEDIA PRODUCTIONS LIMITED (REGISTERED NUMBER: 07269897)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 July 2023 50,721 29,823 30,377 110,921
Additions 10,958 - 10,902 21,860
At 30 June 2024 61,679 29,823 41,279 132,781
DEPRECIATION
At 1 July 2023 26,714 26,741 17,167 70,622
Charge for year 8,744 770 6,030 15,544
At 30 June 2024 35,458 27,511 23,197 86,166
NET BOOK VALUE
At 30 June 2024 26,221 2,312 18,082 46,615
At 30 June 2023 24,007 3,082 13,210 40,299

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Work in progress - 5,000
Prepayments 1,877 1,711
1,877 6,711

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,000 2,000
UK corporation tax 15,320 12,675
Social security and other taxes 6,564 15,217
Other creditors 1,680 1,070
Directors' loan accounts 968 33,264
Accrued expenses 2,513 3,210
29,045 67,436

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 1,834 2,000
Bank loans - 2-5 years - 1,833
1,834 3,833

HEROMEDIA PRODUCTIONS LIMITED (REGISTERED NUMBER: 07269897)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £31,000 (2023 - £59,950) were paid to the directors .

9. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors Robin and Helen Warner who between them own 100% of the issued share capital .