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REGISTERED NUMBER: 04469235 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

OCB MEDIA LIMITED

OCB MEDIA LIMITED (REGISTERED NUMBER: 04469235)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OCB MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Miss J Ferguson
Dr N Blackwell



SECRETARY: Dr N Blackwell



REGISTERED OFFICE: The Crescent
27 King Street
Leicester
Leicestershire
LE1 6RX



REGISTERED NUMBER: 04469235 (England and Wales)



BANKERS: HSBC Bank plc
2-6 Gallowtree Gate
Leicester
LE1 1DA

OCB MEDIA LIMITED (REGISTERED NUMBER: 04469235)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 7,586 7,783
7,586 7,783

CURRENT ASSETS
Debtors 6 111,101 42,021
Cash at bank and in hand 60,750 53,053
171,851 95,074
CREDITORS
Amounts falling due within one year 7 79,712 81,429
NET CURRENT ASSETS 92,139 13,645
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,725

21,428

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 62,959 62,959
Retained earnings 35,766 (42,531 )
SHAREHOLDERS' FUNDS 99,725 21,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

OCB MEDIA LIMITED (REGISTERED NUMBER: 04469235)

BALANCE SHEET - continued
31 JULY 2024


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by:





Dr N Blackwell - Director


OCB MEDIA LIMITED (REGISTERED NUMBER: 04469235)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

OCB Media Limited 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.

During the year ended 31 July 2024 the company incurred a loss after tax for the year of £64,895 and had net liabilities at that date of £43,467.

The directors considers the going concern basis to be appropriate due to the availability of support from the company's shareholders and related companies

The financial statements do not reflect any adjustments that would be necessary should the going concern basis not be appropriate.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax. It is recognised over the length of the project.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on reducing balance

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.

Creditors
Short term trade 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.

Debtors
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

OCB MEDIA LIMITED (REGISTERED NUMBER: 04469235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 August 2023
and 31 July 2024 240
AMORTISATION
At 1 August 2023
and 31 July 2024 240
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2023 12,521 125,625 138,146
Additions 1,242 1,089 2,331
At 31 July 2024 13,763 126,714 140,477
DEPRECIATION
At 1 August 2023 11,857 118,506 130,363
Charge for year 476 2,052 2,528
At 31 July 2024 12,333 120,558 132,891
NET BOOK VALUE
At 31 July 2024 1,430 6,156 7,586
At 31 July 2023 664 7,119 7,783

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 111,101 42,021

OCB MEDIA LIMITED (REGISTERED NUMBER: 04469235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,299 2,175
Taxation and social security 56,670 55,100
Other creditors 10,743 24,154
79,712 81,429

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Dr N Blackwell
Balance outstanding at start of year 530 530
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 530 530

Miss J Ferguson
Balance outstanding at start of year 7,801 7,801
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,801 7,801

This loan is interest free and repayable on demand.