Company registration number: 10060147
Unaudited financial statements
for the year ended 31 March 2024
for
Media Incognito Limited
Pages for filing with the Registrar
Company registration number: 10060147
Media Incognito Limited
Balance sheet
as at 31 March 2024
31 Mar 24 31 Mar 23
Note £ £ £ £
Fixed assets
Tangible assets 4 2,154 1,539
2,154 1,539
Current assets
Debtors 6,263 -
Cash at bank and in hand 9,340 21,492
15,603 21,492
Creditors: amounts falling due within one
year
(2,030) (5,973)
Net current assets 13,573 15,519
Total assets less current liabilities 15,727 17,058
NET ASSETS 15,727 17,058
Capital and reserves
Called up share capital 1 1
Profit and loss account 15,726 17,057
TOTAL EQUITY 15,727 17,058
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10060147
Media Incognito Limited
Balance sheet - continued
as at 31 March 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr R Kapoor, Director
21 March 2025
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Media Incognito Limited
Notes to the financial statements
for the year ended 31 March 2024
1 Company information
Media Incognito Limited is a private company registered in England and Wales. Its registered number is 10060147. The company is limited by shares. Its registered office is 1 Pembroke Road, Greenford, Middlesex, UB6 9QP.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery:
Plant and machinery - 18% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was Nil (2023 - Nil).
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Media Incognito Limited
Notes to the financial statements - continued
for the year ended 31 March 2024
4 Tangible fixed assets
Plant and
machinery
£
Cost
At 1 April 2023 2,636
Additions 1,309
Disposals 459
At 31 March 2024 4,404
Depreciation
At 1 April 2023 1,097
Charge for year 694
Eliminated on disposal 459
At 31 March 2024 2,250
Net book value
At 31 March 2024 2,154
At 31 March 2023 1,539
If Plant and machinery had not been revalued, Plant and machinery would have been included at the following historical cost:
31 Mar 24 31 Mar 23
£ £
Cost 4,404 2,636
Accumulated depreciation 2,250 1,097
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the periods ended 31 March 2024 and 31 March 2023.
31 Mar 24 31 Mar 23
£ £
Rishi Kapoor
Balance outstanding at start of year (1,122) (271)
Amounts advanced 6,405 14,149
Amounts repaid - (15,000)
Balance outstanding at end of year 5,283 (1,122)
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