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REGISTERED NUMBER: 08137245 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

INDUSTRY VISION MEDIA GROUP LIMITED

INDUSTRY VISION MEDIA GROUP LIMITED (REGISTERED NUMBER: 08137245)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INDUSTRY VISION MEDIA GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: Mr G Emmenis





REGISTERED OFFICE: Flat 11 Oakhill Park
5 Oakhill Road
Putney
London
SW15 2FJ





REGISTERED NUMBER: 08137245 (England and Wales)





ACCOUNTANTS: TaxAgility Limited
34 Lower Richmond Road
Putney
London
SW15 1JP

INDUSTRY VISION MEDIA GROUP LIMITED (REGISTERED NUMBER: 08137245)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 102,084 131,234
Property, plant and equipment 5 4,469 817
106,553 132,051

CURRENT ASSETS
Debtors 6 122,442 61,200
Cash at bank 343,805 317,780
466,247 378,980
CREDITORS
Amounts falling due within one year 7 (90,121 ) (72,668 )
NET CURRENT ASSETS 376,126 306,312
TOTAL ASSETS LESS CURRENT
LIABILITIES

482,679

438,363

CREDITORS
Amounts falling due after more than one
year

8

(9,750

)

(19,167

)
NET ASSETS 472,929 419,196

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 472,926 419,193
SHAREHOLDERS' FUNDS 472,929 419,196

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 director acknowledges his 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.

INDUSTRY VISION MEDIA GROUP LIMITED (REGISTERED NUMBER: 08137245)

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.

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

The financial statements were approved by the director and authorised for issue on 14 March 2025 and were signed by:





Mr G Emmenis - Director


INDUSTRY VISION MEDIA GROUP LIMITED (REGISTERED NUMBER: 08137245)

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

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over it's estimated useful life of 10 years.

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.

Website Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 3 (2023 - 4 ) .

INDUSTRY VISION MEDIA GROUP LIMITED (REGISTERED NUMBER: 08137245)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 270,000 21,500 291,500
AMORTISATION
At 1 September 2023 153,043 7,223 160,266
Charge for year 27,000 2,150 29,150
At 31 August 2024 180,043 9,373 189,416
NET BOOK VALUE
At 31 August 2024 89,957 12,127 102,084
At 31 August 2023 116,957 14,277 131,234

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2023 36,679 - 36,679
Additions 1,587 3,529 5,116
At 31 August 2024 38,266 3,529 41,795
DEPRECIATION
At 1 September 2023 35,862 - 35,862
Charge for year 911 553 1,464
At 31 August 2024 36,773 553 37,326
NET BOOK VALUE
At 31 August 2024 1,493 2,976 4,469
At 31 August 2023 817 - 817

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 111,730 55,397
Other debtors 10,712 5,803
122,442 61,200

INDUSTRY VISION MEDIA GROUP LIMITED (REGISTERED NUMBER: 08137245)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 25,934 14,601
Trade creditors 8,661 5,643
Taxation and social security 55,526 52,692
Other creditors - (268 )
90,121 72,668

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 9,750 19,167

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr G Emmenis.

Mr G Emmenis owns 66.67% of voting rights and Ms S Da Silva owns 33.33% of voting rights.