Baytree Media Group Limited |
Registered Number:10737199 |
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2024
Baytree Media Group Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Baytree Media Group Limited
Statement of Financial Position
2023
2024
Trade and other receivables |
1,200
3,535
2
1,502
Cash and cash equivalents |
2,041
5,576
2,702
Trade and other payables: amounts falling due within one year |
(5,698)
(2,170)
3
(2,996)
3,406
Net current assets
Total assets less current liabilities |
3,406
(2,996)
3,406
Net assets/liabilities
(2,996)
2
2
3,404
(2,998)
3,406
(2,996)
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 17 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 April 2024
Baytree Media Group Limited
Notes to the Financial Statements
Statutory Information
Baytree Media Group Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 10737199. |
Principal place of business: |
Devonshire House
582 Honeyport Lane
Stanmore
Middlesex
HA7 1JS
Unit 21 Kingspark Business Centre
152-178 Kingston Road
New Malden
Surrey
KT3 3ST
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
financial statements have been prepared under the historical costs convention. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
2. Trade and other receivables |
2023
2024
-
1,200
3,535
-
1,200
3,535
3. Trade and other payables: amounts falling due within one year |
2023
2024
Taxation and social security |
2,033
2,669
137
3,029
2,170
5,698
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For the year ended 30 April 2024
Baytree Media Group Limited
Notes to the Financial Statements Continued
4. Related party transactions |
Mr Mitul Thobhani is a director and material shareholder of Baytree Labs Ltd. |
During the year management consultancy fees of £22,000 (£27,000l) were receivable from Baytree Labs Ltd |
The company is controlled by its directors, Mr Mitul Thobhani and Mrs Rupa Thobhani by virtue of their combined |
shareholding in the company. |
5. Average number of persons employed |
During the year the average number of employees was 0 (2023 : 1)
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