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Company Registration No. 13396002 (England and Wales)
Josh Barnes Media Ltd Unaudited accounts for the year ended 31 May 2024
Josh Barnes Media Ltd Unaudited accounts Contents
Page
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Josh Barnes Media Ltd Company Information for the year ended 31 May 2024
Director
Josh Barnes
Company Number
13396002 (England and Wales)
Registered Office
3rd Floor 207 Regent Street London W1B 3HH United Kingdom
Accountants
Rustrick Accountants Limited 380A New Hythe lane Larkfield Maidstone Kent ME20 6RZ
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Josh Barnes Media Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,216 
5,270 
Current assets
Debtors
2,449 
- 
Cash at bank and in hand
10,714 
19,169 
13,163 
19,169 
Creditors: amounts falling due within one year
(3,187)
(10,999)
Net current assets
9,976 
8,170 
Total assets less current liabilities
14,192 
13,440 
Provisions for liabilities
Deferred tax
(801)
(1,001)
Net assets
13,391 
12,439 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
13,291 
12,339 
Shareholders' funds
13,391 
12,439 
For the year ending 31 May 2024 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 director acknowledges his 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 and authorised for issue on 19 October 2024 and were signed on its behalf by
Josh Barnes Director Company Registration No. 13396002
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Josh Barnes Media Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Josh Barnes Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 13396002. The registered office is 3rd Floor, 207 Regent Street, London, W1B 3HH, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
20% Reducing Balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Josh Barnes Media Ltd Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
7,386 
At 31 May 2024
7,386 
Depreciation
At 1 June 2023
2,116 
Charge for the year
1,054 
At 31 May 2024
3,170 
Net book value
At 31 May 2024
4,216 
At 31 May 2023
5,270 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
2,449 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,187 
1,877 
Loans from directors
- 
9,122 
3,187 
10,999 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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