REGISTERED NUMBER: 12420085 (England and Wales)

Unaudited Financial Statements

for the Period 1 February 2023 to 29 January 2024

for

Wirral Media Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

A A Benson

REGISTERED OFFICE:

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

REGISTERED NUMBER:

12420085 (England and Wales)

ACCOUNTANTS:

Cheryl Bostock & Company Accountants Limited

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

FIXED ASSETS

Tangible assets

4

1,197

1,156

CURRENT ASSETS

Debtors

5

38,602

46,600

Cash at bank

8,560

6,305

47,162

52,905

CREDITORS

Amounts falling due within one year

6

28,428

24,245

NET CURRENT ASSETS

18,734

28,660

TOTAL ASSETS LESS CURRENT LIABILITIES

19,931

29,816

CREDITORS

Amounts falling due after more than one year

7

(18,962

)

(10,288

)

PROVISIONS FOR LIABILITIES

(227

)

-

NET ASSETS

742

19,528

CAPITAL AND RESERVES

Called up share capital

9

100

2

Retained earnings

642

19,526

SHAREHOLDERS' FUNDS

742

19,528

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 January 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 April 2025 and were signed by:

A A Benson - Director

1.	STATUTORY INFORMATION

Wirral 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.

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

Computer equipment

-

33% on cost

Taxation

Taxation for the period 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 period 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 period was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2023

2,000

932

2,932

Additions

-

844

844

At 29 January 2024

2,000

1,776

3,776

DEPRECIATION

At 1 February 2023

1,156

620

1,776

Charge for period

211

592

803

At 29 January 2024

1,367

1,212

2,579

NET BOOK VALUE

At 29 January 2024

633

564

1,197

At 31 January 2023

844

312

1,156

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.1.24

31.1.23

£

£

Trade debtors

10,386

15,356

Other debtors

28,216

31,244

38,602

46,600

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.1.24

31.1.23

£

£

Bank loans and overdrafts (see note 8)

3,516

3,549

Trade creditors

-

1,296

Tax

17,916

12,812

Social security and other taxes

16

-

VAT

5,165

6,586

Directors' current accounts

102

-

Accrued expenses

1,713

2

28,428

24,245

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.1.24

31.1.23

£

£

Bank loans (see note 8)

18,962

10,288

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,898

-

8.

LOANS

An analysis of the maturity of loans is given below:

29.1.24

31.1.23

£

£

Amounts falling due within one year or on demand:

Bank loans

3,516

3,549

Amounts falling due between one and two years:

Bank loans - 1-2 years

3,516

3,549

Amounts falling due between two and five years:

Bank loans - 2-5 years

10,548

6,739

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,898

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

29.1.24

31.1.23

value:

£

£

50

Ordinary A

1

50

1

50

Ordinary B

1

50

1

100

2

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 29 January 2024 set out on pages two to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Cheryl Bostock & Company Accountants Limited

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

3 April 2025