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REGISTERED NUMBER: SC734404 (Scotland)















VIOLET MEDIA LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024






VIOLET MEDIA LTD (REGISTERED NUMBER: SC734404)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VIOLET MEDIA LTD

COMPANY INFORMATION
For The Year Ended 30 June 2024







DIRECTORS: Ms H Suttie
Ms G P Welsh





REGISTERED OFFICE: 3/2, 157 Broomhill Drive
Glasgow
G11 7ND





REGISTERED NUMBER: SC734404 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

VIOLET MEDIA LTD (REGISTERED NUMBER: SC734404)

BALANCE SHEET
30 June 2024

30.6.24 30.6.23
Notes £    £   
CURRENT ASSETS
Debtors 4 11,097 4,997

CREDITORS
Amounts falling due within one year 5 8,199 4,978
NET CURRENT ASSETS 2,898 19
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,898

19

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,896 17
SHAREHOLDERS' FUNDS 2,898 19

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.

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 19 March 2025 and were signed on its behalf by:





Ms H Suttie - Director


VIOLET MEDIA LTD (REGISTERED NUMBER: SC734404)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 June 2024


1. STATUTORY INFORMATION

Violet Media Ltd is a private company, limited by shares , registered in Scotland. 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 represents provision of services in the year.

Taxation
Taxation for the year comprises current 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 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. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 9,700 4,600
Other debtors 1,397 397
11,097 4,997

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security 5,758 207
Other creditors 1,560 1,000
Directors' loan accounts 881 3,771
8,199 4,978

6. RELATED PARTY DISCLOSURES

At 30 June 2024 the company's directors had provided the company with interest free loans of £881 (2023, £3,771). There are no fixed repayment terms for these loans.