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REGISTERED NUMBER: 04812647















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

TOUCH MEDIA SOLUTIONS LIMITED

TOUCH MEDIA SOLUTIONS LIMITED (REGISTERED NUMBER: 04812647)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


TOUCH MEDIA SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: A L Smith
J Smith





SECRETARY: J Smith





REGISTERED OFFICE: Copia House
Great Cliffe Court
Great Cliffe Road
Barnsley
South Yorkshire
S75 3SP





REGISTERED NUMBER: 04812647





ACCOUNTANTS: SMH Reed Smith Ltd
Copia House
Great Cliffe Court
Great Cliffe Road
Barnsley
S75 3SP

TOUCH MEDIA SOLUTIONS LIMITED (REGISTERED NUMBER: 04812647)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 3,739 2,987

CURRENT ASSETS
Inventories 5 1,820 60,598
Debtors 6 151,427 127,702
Investments 7 - 35,578
Cash at bank and in hand 80,266 32,961
233,513 256,839
CREDITORS
Amounts falling due within one
year

8

122,080

149,729
NET CURRENT ASSETS 111,433 107,110
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,172

110,097

PROVISIONS FOR LIABILITIES 519 304
NET ASSETS 114,653 109,793

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 114,553 109,693
SHAREHOLDERS' FUNDS 114,653 109,793

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.

TOUCH MEDIA SOLUTIONS LIMITED (REGISTERED NUMBER: 04812647)

STATEMENT OF FINANCIAL POSITION - 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 19 March 2025 and were signed on its behalf by:




A L Smith - Director



J Smith - Director


TOUCH MEDIA SOLUTIONS LIMITED (REGISTERED NUMBER: 04812647)

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


1. STATUTORY INFORMATION

Touch Media Solutions Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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, fixtures and
fittings

-
15% on reducing balance and Straight line over 4 years

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

TOUCH MEDIA SOLUTIONS LIMITED (REGISTERED NUMBER: 04812647)

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


4. PROPERTY, PLANT AND EQUIPMENT
Office
equipment,
fixtures
and
fittings
£   
COST
At 1 July 2023 21,529
Additions 2,350
At 30 June 2024 23,879
DEPRECIATION
At 1 July 2023 18,542
Charge for year 1,598
At 30 June 2024 20,140
NET BOOK VALUE
At 30 June 2024 3,739
At 30 June 2023 2,987

5. INVENTORIES
2024 2023
£    £   
Work-in-progress 1,820 60,598

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 151,172 118,979
Other taxation and social
security

157

8,633
Prepayments and accrued income 98 90
151,427 127,702

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments - 35,578

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 104,453 135,912
Current corporation tax 9,278 10,402
Other taxation and social
security

3,707

-
Directors' current accounts 1,140 32
Accruals and deferred income 3,502 3,383
122,080 149,729

TOUCH MEDIA SOLUTIONS LIMITED (REGISTERED NUMBER: 04812647)

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


9. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, Mr A and Mrs J Smith, by virtue of their controlling shareholdings.