CONTEDIA LIMITED

Company Registration Number:
04231393 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

CONTEDIA LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

CONTEDIA LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 16,411 13,331
Investments: 4 32,630 43,181
Total fixed assets: 49,041 56,512
Current assets
Stocks: 9,062 21,163
Debtors:   277,953 280,736
Cash at bank and in hand: 592,210 394,816
Total current assets: 879,225 696,715
Creditors: amounts falling due within one year: 5 (146,653) (98,544)
Net current assets (liabilities): 732,572 598,171
Total assets less current liabilities: 781,613 654,683
Provision for liabilities: (1,901) (1,302)
Total net assets (liabilities): 779,712 653,381
Capital and reserves
Called up share capital: 50 50
Profit and loss account: 779,662 653,331
Shareholders funds: 779,712 653,381

The notes form part of these financial statements

CONTEDIA LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 March 2025
and signed on behalf of the board by:

Name: Timothy Guest
Status: Director

The notes form part of these financial statements

CONTEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Sale of goods Turnover from the sale of goods is recognised when all of the following conditions are satisfied: the Company has transferred the significant risks and rewards of ownership to the buyer; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of turnover can be measured reliably; it is probable that the Company will receive the consideration due under the transaction; and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: the amount of turnover can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract at the end of the reporting period can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis: Fixtures and fittings - 25% reducing balance The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Other accounting policies

Stocks Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss. Debtors Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Cash and cash equivalents Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. Creditors Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Finance costs Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

CONTEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 12 11

CONTEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 61,207
Additions 9,369
Disposals (4,606)
At 30 June 2024 65,970
Depreciation
At 01 July 2023 47,876
Charge for year 5,470
On disposals (3,787)
At 30 June 2024 49,559
Net book value
At 30 June 2024 16,411
At 30 June 2023 13,331

CONTEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Fixed investments

Listed investments Cost or valuation 43,181 Disposals (10,551) At 30 June 2024 32,630

CONTEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023 Trade creditors 36,557 34,326 Corporation tax 40,145 - Other taxation and social security 46,319 48,539 Other creditors 17,379 8,873 Accruals and deferred income 6,253 6,806

CONTEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Loans to directors

Name of director receiving advance or credit: Timothy Guest
Description of the loan: Included within other debtors due within one year is a loan to T Guest, a director, amounting to £NIL (2023 - £100,000). Amounts repaid during the year totalled £100,000.
£
Balance at 01 July 2023 100,000
Advances or credits repaid: 100,000
Balance at 30 June 2024 0