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REGISTERED NUMBER: 07476890 (England and Wales)




























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

AROUND SADDLEWORTH MAGAZINE LTD

AROUND SADDLEWORTH MAGAZINE LTD (REGISTERED NUMBER: 07476890)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 4

AROUND SADDLEWORTH MAGAZINE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Ms P G Aicken





REGISTERED OFFICE: Suite 204 Ashton Old Baths
Stamford Street West
Ashton under Lyne
Lancashire
OL6 7FW





REGISTERED NUMBER: 07476890 (England and Wales)





ACCOUNTANTS: Hanley & Co
Chartered Accountants
Suite 204 Ashton Old Baths
Stamford Street West
Ashton-under-Lyne
Lancashire
OL6 7FW

AROUND SADDLEWORTH MAGAZINE LTD (REGISTERED NUMBER: 07476890)

ABRIDGED BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 - 99

CURRENT ASSETS
Debtors 7,433 11,161
Cash at bank - 507
7,433 11,668
CREDITORS
Amounts falling due within one year 21,025 21,202
NET CURRENT LIABILITIES (13,592 ) (9,534 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(13,592

)

(9,435

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (13,692 ) (9,535 )
SHAREHOLDERS' FUNDS (13,592 ) (9,435 )

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

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 her 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.

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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 January 2025 and were signed by:



Ms P G Aicken - Director


AROUND SADDLEWORTH MAGAZINE LTD (REGISTERED NUMBER: 07476890)

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

1. STATUTORY INFORMATION

Around Saddleworth Magazine Ltd 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 represents net invoiced sale of advertising services, excluding value added tax.

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 etc - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1 May 2023
and 30 April 2024 1,802
DEPRECIATION
At 1 May 2023 1,703
Charge for year 99
At 30 April 2024 1,802
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 99

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors is a directors loan account owed to the director by the company of £11,250 (2023 - £11,991).

6. GOING CONCERN

The Balance Sheet shows negative reserves of £13,692 but with a (significant) directors' loan balance of £11,250. The director has indicated that they will not expect repayment of the loan for the foreseeable future. On this basis, these financial statements have been drawn up on the Going Concern basis and no further adjustments are considered necessary.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
AROUND SADDLEWORTH MAGAZINE LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Around Saddleworth Magazine Ltd for the year ended 30 April 2024 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Around Saddleworth Magazine Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Around Saddleworth Magazine Ltd and state those matters that we have agreed to state to the director of Around Saddleworth Magazine Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Around Saddleworth Magazine Ltd and its director for our work or for this report.

It is your duty to ensure that Around Saddleworth Magazine Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Around Saddleworth Magazine Ltd. You consider that Around Saddleworth Magazine Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Around Saddleworth Magazine Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hanley & Co
Chartered Accountants
Suite 204 Ashton Old Baths
Stamford Street West
Ashton-under-Lyne
Lancashire
OL6 7FW


25 January 2025