Company Registration No. 12747587 (England and Wales)
MEDIA&MGMT LTD
Unaudited accounts
for the year ended 31 July 2024
MEDIA&MGMT LTD
Unaudited accounts
Contents
MEDIA&MGMT LTD
Company Information
for the year ended 31 July 2024
Directors
Nick Brown
Amie Canham
Paul Evans
Lee Golze
Jeremy Hague
Carl Hall
Mark Hippey
Shaun Ireland
Paul Shaw
Mark Turner
Louise Roe
Julie Golze
Company Number
12747587 (England and Wales)
Registered Office
CANBERRA FARM MOOR DIKE ROAD
HATFIELD WOODHOUSE
DONCASTER
DN7 6DP
ENGLAND
Accountants
Cloud Accountancy Limited
5 Park Crescent
Retford
Notts
DN22 6UF
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
MEDIA&MGMT LTD
for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MEDIA&MGMT LTD for the year ended 31 July 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of MEDIA&MGMT LTD, as a body, in accordance with the terms of our engagement letter dated 29 July 2020. Our work has been undertaken solely to prepare for your approval the accounts of MEDIA&MGMT LTD and state those matters that we have agreed to state to the Board of Directors of MEDIA&MGMT LTD, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MEDIA&MGMT LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MEDIA&MGMT LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MEDIA&MGMT LTD. You consider that MEDIA&MGMT 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 accounts of MEDIA&MGMT 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 accounts.
Cloud Accountancy Limited
Member in Practice
5 Park Crescent
Retford
Notts
DN22 6UF
4 February 2025
MEDIA&MGMT LTD
Statement of financial position
as at 31 July 2024
Intangible assets
115,013
128,813
Tangible assets
15,376
17,916
Investments
179,295
179,295
Cash at bank and in hand
26,886
30,304
Creditors: amounts falling due within one year
(260,630)
(226,180)
Net current liabilities
(203,578)
(180,146)
Total assets less current liabilities
106,106
145,878
Creditors: amounts falling due after more than one year
(32,405)
(106,195)
Provisions for liabilities
Deferred tax
(3,809)
(3,404)
Called up share capital
105
100
Profit and loss account
69,787
36,179
Shareholders' funds
69,892
36,279
For the year ending 31 July 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 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 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 of Directors and authorised for issue on 19 February 2025 and were signed on its behalf by
Mark Hippey
Director
Company Registration No. 12747587
MEDIA&MGMT LTD
Notes to the Accounts
for the year ended 31 July 2024
MEDIA&MGMT LTD is a private company, limited by shares, registered in England and Wales, registration number 12747587. The registered office is CANBERRA FARM MOOR DIKE ROAD, HATFIELD WOODHOUSE, DONCASTER, DN7 6DP, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are recognised at cost less impairment.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
Straight Line 20%
Fixtures & fittings
Straight Line 20%
4
Intangible fixed assets
Goodwill
Charge for the year
13,800
MEDIA&MGMT LTD
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2023
18,700
2,073
20,773
At 31 July 2024
18,700
3,903
22,603
At 1 August 2023
2,490
367
2,857
Charge for the year
3,740
630
4,370
At 31 July 2024
6,230
997
7,227
At 31 July 2024
12,470
2,906
15,376
At 31 July 2023
16,210
1,706
17,916
6
Investments
Subsidiary undertakings
Valuation at 1 August 2023
179,295
Valuation at 31 July 2024
179,295
Work in progress
5,057
2,000
Amounts falling due within one year
Trade debtors
19,192
12,850
Accrued income and prepayments
5,917
880
9
Creditors: amounts falling due within one year
2024
2023
Trade creditors
9,844
3,385
Amounts owed to group undertakings and other participating interests
151,500
121,500
Taxes and social security
18,048
3,759
Other creditors
72,590
87,539
Loans from directors
609
614
MEDIA&MGMT LTD
Notes to the Accounts
for the year ended 31 July 2024
10
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
32,405
106,195
11
Deferred taxation
2024
2023
Other deferred taxation
3,809
3,404
Provision at start of year
3,404
-
Charged to the profit and loss account
405
3,404
Provision at end of year
3,809
3,404
12
Average number of employees
During the year the average number of employees was 3 (2023: 1).