Registered number
11818377
Tradectory Media Ltd
Unaudited Filleted Accounts
31 August 2024
Tradectory Media Ltd
Registered number: 11818377
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 3,255 10,476
Current assets
Debtors 4 108,560 109,118
Cash at bank and in hand 108,380 17,210
216,940 126,328
Creditors: amounts falling due within one year 5 (181,297) (116,926)
Net current assets 35,643 9,402
Total assets less current liabilities 38,898 19,878
Creditors: amounts falling due after more than one year 6 (2,700) (5,400)
Net assets 36,198 14,478
Capital and reserves
Called up share capital 100 100
Profit and loss account 36,098 14,378
Shareholders' funds 36,198 14,478
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Bailey Horler
Director
Approved by the board on 3 March 2025
Tradectory Media Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Equipment over 2 years
Fixtures, fittings and furniture over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 11 17
3 Tangible fixed assets
Fixtures, Fittings & Equipment etc
£
Cost
At 1 September 2023 41,138
Additions 1,795
At 31 August 2024 42,933
Depreciation
At 1 September 2023 30,662
Charge for the year 9,016
At 31 August 2024 39,678
Net book value
At 31 August 2024 3,255
At 31 August 2023 10,476
4 Debtors 2024 2023
£ £
Trade debtors 106,360 107,918
Other debtors 2,200 1,200
108,560 109,118
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 2,700 2,700
Trade creditors 5,402 827
Taxation and social security costs 88,709 22,543
Other creditors 84,486 90,856
181,297 116,926
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 2,700 5,400
7 Controlling party
At the balance sheet date, Bailey Horler and Leon Maidment are the controlling parties by virtue of their shareholding.
8 Other information
Tradectory Media Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 11 Offices Dana Estate
Paddock Wood
Tonbridge
Kent
TN12 6UT
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