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REGISTERED NUMBER: 04489916 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

MIRO MEDIA LIMITED

MIRO MEDIA LIMITED (REGISTERED NUMBER: 04489916)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 August 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MIRO MEDIA LIMITED

COMPANY INFORMATION
for the year ended 31 August 2024







DIRECTORS: I Hancock
P Tyler
S L Jones
S Blassberg



REGISTERED OFFICE: 7 The Parade
Leamington Spa
Warwickshire
CV32 4DG



REGISTERED NUMBER: 04489916 (England and Wales)



BANKERS: Barclays Bank Plc
48-50 The Parade
Leamington Spa
Warwickshire
CV32 4DD

MIRO MEDIA LIMITED (REGISTERED NUMBER: 04489916)

ABRIDGED BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,221 14,030

CURRENT ASSETS
Debtors 75,164 96,878
Cash at bank and in hand 143,169 81,373
218,333 178,251
CREDITORS
Amounts falling due within one year 157,713 149,110
NET CURRENT ASSETS 60,620 29,141
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,841

43,171

PROVISIONS FOR LIABILITIES 1,805 3,508
NET ASSETS 66,036 39,663

CAPITAL AND RESERVES
Called up share capital 6 200 122
Retained earnings 65,836 39,541
SHAREHOLDERS' FUNDS 66,036 39,663

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

MIRO MEDIA LIMITED (REGISTERED NUMBER: 04489916)

ABRIDGED BALANCE SHEET - continued
31 August 2024


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 Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 18 February 2025 and were signed on its behalf by:




I Hancock - Director



P Tyler - Director


MIRO MEDIA LIMITED (REGISTERED NUMBER: 04489916)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Miro 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.

The financial statements are presented in sterling which is the functional currency of the company and is rounded to the nearest £1.

Turnover
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

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 - 15% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

MIRO MEDIA LIMITED (REGISTERED NUMBER: 04489916)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023
and 31 August 2024 49,443
DEPRECIATION
At 1 September 2023 35,413
Charge for year 6,809
At 31 August 2024 42,222
NET BOOK VALUE
At 31 August 2024 7,221
At 31 August 2023 14,030

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 12,265 14,930
Between one and five years - 6,265
12,265 21,195

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number: Class: Nominal 2024 2023
value: £ £
88 Ordinary A shares £1 88 49
6 Ordinary B shares £1 6 6
88 Ordinary C shares £1 88 49
18 Ordinary D shares £1 18 18
200 122

The Following shares were allotted and fully paid for cash at par during the year

39 Ordinary A shares of £1 each
39 Ordinary C shares of £1 each

MIRO MEDIA LIMITED (REGISTERED NUMBER: 04489916)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024

7. PENSION COMMITMENTS

At the balance sheet date, unpaid contributions of £1,314 (2023 - £1344) were due to the fund. They are included in creditors due within one year.