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REGISTERED NUMBER: 03449631














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

THE MEDIAE COMPANY LIMITED

THE MEDIAE COMPANY LIMITED (REGISTERED NUMBER: 03449631)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE MEDIAE COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mrs C R M Lloyd Morgan
Prof C J Garforth
Mr D G Campbell





REGISTERED OFFICE: Turley Farm
Delly End
Hailey
Witney
Oxfordshire
OX29 9XA





REGISTERED NUMBER: 03449631





ACCOUNTANTS: Wynniatt-Husey Ltd
Chartered Accountants
The Old Coach House
Horse fair
Rugeley
Staffordshire
WS15 2EL

THE MEDIAE COMPANY LIMITED (REGISTERED NUMBER: 03449631)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.23 30.9.24
£    £    Notes £    £   
FIXED ASSETS
51,234 Tangible assets 4 49,901

CURRENT ASSETS
391,351 Debtors 5 339,078
506,819 Cash at bank 200,932
898,170 540,010
CREDITORS
574,296 Amounts falling due within one year 6 142,876
323,874 NET CURRENT ASSETS 397,134
375,108 TOTAL ASSETS LESS CURRENT
LIABILITIES

447,035

CAPITAL AND RESERVES
1,000 Called up share capital 7 1,000
374,108 Retained earnings 446,035
375,108 SHAREHOLDERS' FUNDS 447,035

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 22 January 2025 and were signed on its behalf by:





Mrs C R M Lloyd Morgan - Director


THE MEDIAE COMPANY LIMITED (REGISTERED NUMBER: 03449631)

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

1. STATUTORY INFORMATION

The Mediae Company 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
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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

THE MEDIAE COMPANY LIMITED (REGISTERED NUMBER: 03449631)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
Totals machinery fittings vehicles equipment
£    £    £    £    £   
COST
At 1 October 2023 718,405 384,190 92,023 122,554 119,638
Additions 1,645 - 1,645 - -
At 30 September 2024 720,050 384,190 93,668 122,554 119,638
DEPRECIATION
At 1 October 2023 667,171 360,509 82,834 110,895 112,933
Charge for year 2,978 - 894 1,829 255
At 30 September 2024 670,149 360,509 83,728 112,724 113,188
NET BOOK VALUE
At 30 September 2024 49,901 23,681 9,940 9,830 6,450
At 30 September 2023 51,234 23,681 9,189 11,659 6,705

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 256,453 314,802
Other debtors 80,940 75,714
Staff loan - Kenya 1,685 835
339,078 391,351

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 4,859 17,154
Tax 14,426 26,389
Social security and other taxes - 5,416
Other creditors 1,749 6,600
Directors' current accounts 111,956 115,627
Deferred income - 356,506
Accrued expenses 9,886 46,604
142,876 574,296

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1,000 Ordinary £1 1,000 1,000