2023-04-01 2024-03-31 08676918 Modulus Media Ltd false 08676918 2023-04-01 2024-03-31 08676918 uk-bus:Director1 2023-04-01 2024-03-31 08676918 uk-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08676918 uk-bus:SmallEntities 2023-04-01 2024-03-31 08676918 uk-bus:FullAccounts 2023-04-01 2024-03-31 08676918 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08676918 2023-04-01 08676918 2024-03-31 08676918 2023-03-31 xbrli:pure iso4217:GBP 08676918 2022-04-01 2023-03-31
Company Registration Number : 08676918 (England and Wales)
08676918
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-03-31
false
Modulus Media Ltd
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-04-01
Modulus Media Ltd
Unaudited filleted financial statements
For the year ended 31 March 2024
Modulus Media Ltd
Contents
For the year ended 31 March 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Modulus Media Ltd
Company Information
For the year ended 31 March 2024

Company registration number 08676918 (England and Wales)
Director Nitin Teckchandani
Registered office address 28 Honister Gardens
Stanmore
London
HA7 2EH
Accountant DNS Associates
Chartered Accountants
382 Kenton Road
Harrow, Middlesex
HA3 8DP
Modulus Media Ltd
Statement of Financial Position
For the year ended 31 March 2024

2024 2023
Notes £ £
Current assets
Debtors 1,602,478 1,437,213
Cash and cash equivalents 344,956 1,210,557
1,947,434 2,647,770
Current liabilities
Creditors: Amounts falling due within one year (234,458) (591,651)
(234,458) (591,651)
Net current assets/(liabilities) 1,712,975 2,056,119
Total assets less current liabilities 1,712,975 2,056,119
Net assets/(liabilities) 1,712,975 2,056,119
Capital and reserves
Called up share capital 2 2
Retained earnings 1,712,973 2,056,117
Shareholder's funds 1,712,975 2,056,119
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 March 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 their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 12 February 2025
.............................
Nitin Teckchandani (Director)
Company registration number: 08676918
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-03-31 31 March 2024
2024 2023
£ £
Fixed Assets 0 0
Current Assets 1,946,975 2,643,464
Prepayments and accrued income 459 4,306
Creditors: amounts falling due within one year (234,458) (591,651)
Net current assets (liabilities) 1,712,975 2,056,119
Total assets less current liabilities 1,712,975 2,056,119
Net Assets (liabilities) 1,712,975 2,056,119
Capital and Reserves 1,712,975 2,056,119
For the year ending 31/03/2024 the company was entitled to exemption 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. For the year ending 31-03-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 12 February 2025 2025-02-12 and signed on behalf of the board,
.............................
Nitin Teckchandani
Director
Company registration number: 08676918
Modulus Media Ltd
Notes to the Financial Statements
For the year ended 31 March 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 28 Honister Gardens, Stanmore, London, HA7 2EH.

(2) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Foreign currency
Transactions in foreign currencies other than its functional currency are recorded at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the year-end date are translated at the foreign exchange rate ruling at that date. Foreign exchange differences arising on translation are recognised in the income statement within financial income or expense, as appropriate. Non-monetary assets that are measured in terms of historical cost in foreign currency are translated using the exchange rate at the date of the transaction.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
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.
Current Taxation
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.

(3) Employees
During the year, the average number of employees including director was 0 (2023 : 1).

(4) Related party transactions
Amount owed by the participating interest of £104,836 (2023: £71,913) relates to Tentpole Distribution Ltd where Mr N Teckchandani is also the director of the company.

Other debtors include interest-free loan of £189,439 (2023: £193,676) to Stem Edutaintment Ltd where Mr. N Teckchandani is also the director and shareholder of the company.

(5) Fixed assets
Tangible

£
Cost
As at 01 April 2023395
As at 31 March 2024395
Depreciation/Amortisation
As at 01 April 2023395
As at 31 March 2024395
Net book value
As at 31 March 2024-
As at 31 March 2023-