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REGISTERED NUMBER: 09100584 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

BOLD MEDIA LIMITED

BOLD MEDIA LIMITED (REGISTERED NUMBER: 09100584)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOLD MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: L Gatland
Mrs R Gatland





REGISTERED OFFICE: 184 Main Road
Biggin Hill
Westerham
Kent
TN16 3BB





REGISTERED NUMBER: 09100584 (England and Wales)





ACCOUNTANTS: GBJ Financial Limited
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW

BOLD MEDIA LIMITED (REGISTERED NUMBER: 09100584)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,476 14,349
6,476 14,349

CURRENT ASSETS
Debtors 6 350,925 299,779
Cash at bank 230,655 196,237
581,580 496,016
CREDITORS
Amounts falling due within one year 7 289,875 275,473
NET CURRENT ASSETS 291,705 220,543
TOTAL ASSETS LESS CURRENT
LIABILITIES

298,181

234,892

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 298,179 234,890
SHAREHOLDERS' FUNDS 298,181 234,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

BOLD MEDIA LIMITED (REGISTERED NUMBER: 09100584)

BALANCE SHEET - continued
30 JUNE 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 March 2025 and were signed on its behalf by:





L Gatland - Director


BOLD MEDIA LIMITED (REGISTERED NUMBER: 09100584)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Bold 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.

Turnover
Turnover represents the net invoiced value of advertising sales, excluding Value Added Tax.

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.

Intellectual property rights is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment and furniture - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

BOLD MEDIA LIMITED (REGISTERED NUMBER: 09100584)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued

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 9 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023
and 30 June 2024 396,421
AMORTISATION
At 1 July 2023
and 30 June 2024 396,421
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

On 1st October 2018 the company purchased intellectual property rights in respect of a magazine publication.

BOLD MEDIA LIMITED (REGISTERED NUMBER: 09100584)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. TANGIBLE FIXED ASSETS
Office
equipment
and Motor Computer
furniture vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 40,345 30,000 11,410 81,755
DEPRECIATION
At 1 July 2023 40,198 16,250 10,958 67,406
Charge for year 147 7,500 226 7,873
At 30 June 2024 40,345 23,750 11,184 75,279
NET BOOK VALUE
At 30 June 2024 - 6,250 226 6,476
At 30 June 2023 147 13,750 452 14,349

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 343,373 292,261
Other debtors 7,552 7,518
350,925 299,779

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,511 14,738
Taxation and social security 142,365 117,418
Other creditors 142,999 143,317
289,875 275,473