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REGISTERED NUMBER: 10826564 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

10FOUR MEDIA LIMITED

10FOUR MEDIA LIMITED (REGISTERED NUMBER: 10826564)






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


10FOUR MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







Director: Mr D Reeks





Registered office: 10 Stadium Business Court
Millennium Way
Pride Park
Derby
Derbyshire
DE24 8HP





Registered number: 10826564 (England and Wales)

10FOUR MEDIA LIMITED (REGISTERED NUMBER: 10826564)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £ £
Fixed assets
Tangible assets 4 68,197 10,099

Current assets
Debtors 5 191,221 285,334
Cash at bank 213,535 113,484
404,756 398,818
Creditors
Amounts falling due within one year 6 (167,535 ) (215,577 )
Net current assets 237,221 183,241
Total assets less current liabilities 305,418 193,340

Creditors
Amounts falling due after more than one
year

7

(59,064

)

(17,350

)
Net assets 246,354 175,990

Capital and reserves
Called up share capital 8 100 100
Retained earnings 246,254 175,890
Shareholders' funds 246,354 175,990

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2025 and were signed by:





Mr D Reeks - Director


10FOUR MEDIA LIMITED (REGISTERED NUMBER: 10826564)

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

1. STATUTORY INFORMATION

10four Media Limited is a private company, limited by shares , registered in England and Wales. 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.

Turnover is recognised in the profit and loss account in the financial year in which the event is held; any income received relating to events held post year end is included within accruals and deferred income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Office Equipment - 33% on cost

All assets are initially recorded at cost, and then subsequently at cost less any accumulated depreciation and impairment losses.

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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

10FOUR MEDIA LIMITED (REGISTERED NUMBER: 10826564)

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

4. TANGIBLE FIXED ASSETS
Motor Office
vehicles Equipment Totals
£ £ £
Cost
At 1 July 2023 26,650 11,313 37,963
Additions 79,990 1,539 81,529
At 30 June 2024 106,640 12,852 119,492
Depreciation
At 1 July 2023 19,988 7,876 27,864
Charge for year 21,663 1,768 23,431
At 30 June 2024 41,651 9,644 51,295
Net book value
At 30 June 2024 64,989 3,208 68,197
At 30 June 2023 6,662 3,437 10,099

Included in motor vehicles are assets held under hire purchase agreements, with a net book value at the year end of £59,993 (2023: £nil). Depreciation of £19,998 (2023: £nil) was charged during the year in respect of these assets.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 45,828 50,382
Directors' loan accounts 145,393 234,952
191,221 285,334

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans 9,221 9,584
Hire purchase contracts 9,093 -
Tax 53,489 35,169
Social security and other taxes 115 -
VAT 236 5,806
Accruals and deferred income 95,381 165,018
167,535 215,577

Hire purchase liabilities are secured over the assets to which they relate.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 8,702 17,350
Hire purchase contracts 50,362 -
59,064 17,350

Hire purchase liabilities are secured over the assets to which they relate.

10FOUR MEDIA LIMITED (REGISTERED NUMBER: 10826564)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£ £
Mr D Reeks
Balance outstanding at start of year 234,952 112,838
Amounts advanced 107,349 247,249
Amounts repaid (196,908 ) (125,135 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 145,393 234,952

It is company policy to charge interest on all overdrawn loan accounts at HMRC's official rate of interest. The amount owed at the year end in respect of the above loans was £5,415 (2023: £2,263) and is included in other debtors.