Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-3012023-05-011falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.video production activitiestruetruefalse 11918145 2023-05-01 2024-04-30 11918145 2022-05-01 2023-04-30 11918145 2024-04-30 11918145 2023-04-30 11918145 c:Director1 2023-05-01 2024-04-30 11918145 d:ComputerEquipment 2023-05-01 2024-04-30 11918145 d:ComputerEquipment 2024-04-30 11918145 d:ComputerEquipment 2023-04-30 11918145 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 11918145 d:CurrentFinancialInstruments 2024-04-30 11918145 d:CurrentFinancialInstruments 2023-04-30 11918145 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 11918145 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11918145 d:ShareCapital 2024-04-30 11918145 d:ShareCapital 2023-04-30 11918145 d:RetainedEarningsAccumulatedLosses 2024-04-30 11918145 d:RetainedEarningsAccumulatedLosses 2023-04-30 11918145 c:OrdinaryShareClass1 2023-05-01 2024-04-30 11918145 c:OrdinaryShareClass1 2024-04-30 11918145 c:OrdinaryShareClass1 2023-04-30 11918145 c:FRS102 2023-05-01 2024-04-30 11918145 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11918145 c:FullAccounts 2023-05-01 2024-04-30 11918145 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11918145 2 2023-05-01 2024-04-30 11918145 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11918145














230 MEDIA LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

 
230 MEDIA LTD
 

CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 
230 MEDIA LTD
REGISTERED NUMBER:11918145

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,212
5,630

Current assets
  

Debtors: amounts falling due within one year
 5 
4,737
100

Cash at bank and in hand
  
1,221
1,246

  
5,958
1,346

Creditors: amounts falling due within one year
 6 
(4,255)
(6,645)

Net current assets/(liabilities)
  
 
 
1,703
 
 
(5,299)

  

Net assets
  
5,915
331


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
5,914
330

  
5,915
331


Page 1

 
230 MEDIA LTD
REGISTERED NUMBER:11918145
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 January 2025.




T Bate
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
230 MEDIA LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Tye Bate Limited is a limited liability company incorporated in England and Wales with its registered office at 167-169 Great Portland Street, 5th Floor, London, W1W 5PF.

The principal activity of the company was that of video production activities,advertising agencies and  photographic activities

On 16 January 2025, following the year end but prior to approval of the financial statements, the company changed its name from Tye Bate Ltd to 230 Media Ltd.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet date, the company had net current liabilities and net liabilities. The director will make funds available to the company so that it wil be able to carry on trading and meet its financial obligations as and when they fall due for a least twelve months from the date the accounts are approved. The accounts have been prepared under going concern on this basis.

 
2.3

Turnover

Turnover comprises revenue recognised by the compay in respect of amounts invoiced during the year, exclusive of Value Added Tax and trade discounts

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
230 MEDIA LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment
-
25%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short term debtors are measured at transaction price, less any impairment.

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price.

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

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.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
230 MEDIA LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Computer equipment

£



Cost


At 1 May 2023
7,573


Additions
570



At 30 April 2024

8,143



Depreciation


At 1 May 2023
1,943


Charge for the year on owned assets
1,988



At 30 April 2024

3,931



Net book value



At 30 April 2024
4,212



At 30 April 2023
5,630


5.


Debtors

2024
2023
£
£


Other debtors
4,737
100


Other debtors include a balance of £4,737 owed by (2023 - £4,725 owed to) a director. The balance was repaid within 9 months of the Statement of Financial Position date.

Page 5

 
230 MEDIA LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,760
-

Taxation and social security
364
-

Director's loan account
-
4,725

Accruals and deferred income
2,131
1,920

4,255
6,645



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £0.01 each
1
1


 
Page 6