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REGISTERED NUMBER: 07392472 (England and Wales)















GINGER NUT MEDIA LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JULY 2024






GINGER NUT MEDIA LIMITED (REGISTERED NUMBER: 07392472)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


GINGER NUT MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mr P Warnock
Mrs Y Xiu
Mr D Williams
Mr H Simpson





SECRETARY: Mr P Warnock





REGISTERED OFFICE: 37 Queen Street
Colchester
Essex
CO1 2PQ





REGISTERED NUMBER: 07392472 (England and Wales)

GINGER NUT MEDIA LIMITED (REGISTERED NUMBER: 07392472)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 12,583 19,387

CURRENT ASSETS
Debtors 5 248,016 248,612
Cash at bank 184,535 180,446
432,551 429,058
CREDITORS
Amounts falling due within one year 6 (227,455 ) (170,179 )
NET CURRENT ASSETS 205,096 258,879
TOTAL ASSETS LESS CURRENT LIABILITIES 217,679 278,266

PROVISIONS FOR LIABILITIES (3,146 ) (4,847 )
NET ASSETS 214,533 273,419

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 74,950 74,950
Retained earnings 138,583 197,469
214,533 273,419

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.

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 26 February 2025 and were signed on its behalf by:





Mr P Warnock - Director


GINGER NUT MEDIA LIMITED (REGISTERED NUMBER: 07392472)

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


1. STATUTORY INFORMATION

Ginger Nut 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.

The presentation currency of the financial statements is in Pound Sterling (£) and the financial statements are rounded to the nearest Pound.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 33% on cost

Financial instruments
Basic financial instruments are measured at amortised 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2023 - 39 ) .

GINGER NUT MEDIA LIMITED (REGISTERED NUMBER: 07392472)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2023 65,118 36,054 101,172
Additions - 3,157 3,157
Disposals (57,070 ) - (57,070 )
At 31 July 2024 8,048 39,211 47,259
DEPRECIATION
At 1 August 2023 62,155 19,630 81,785
Charge for year 593 9,368 9,961
Eliminated on disposal (57,070 ) - (57,070 )
At 31 July 2024 5,678 28,998 34,676
NET BOOK VALUE
At 31 July 2024 2,370 10,213 12,583
At 31 July 2023 2,963 16,424 19,387

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 213,312 219,357
Rental deposits 559 559
VAT 4,603 6,169
Prepayments and accrued income 29,542 22,527
248,016 248,612

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 94,098 58,691
Credit cards 5,469 9,417
Employer incentive payments 8,500 -
Corporation tax 70,137 63,145
Social security and other taxes 30,129 29,930
Pensions payable 5,114 5,293
Directors' current accounts 2,061 2,966
Accruals and deferred income 11,947 737
227,455 170,179

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 3,300 9,900
Between one and five years - 3,300
3,300 13,200