PRESSHOP MEDIA UK LIMITED

Company Registration Number:
13522872 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

PRESSHOP MEDIA UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Additional notes
Balance sheet notes

PRESSHOP MEDIA UK LIMITED

Balance sheet

As at 31 July 2024

Notes 2024 2023


£
£
Fixed assets
Intangible assets: 3 306,450 306,450
Total fixed assets: 306,450 306,450
Current assets
Cash at bank and in hand: 191 191
Investments: 4 200,000
Total current assets: 200,191 191
Creditors: amounts falling due within one year: 5 ( 462,360 ) ( 322,957 )
Net current assets (liabilities): (262,169) (322,766)
Total assets less current liabilities: 44,281 ( 16,316)
Total net assets (liabilities): 44,281 (16,316)
Capital and reserves
Called up share capital: 200,003 3
Profit and loss account: (155,722 ) (16,319 )
Total Shareholders' funds: 44,281 (16,316)

The notes form part of these financial statements

PRESSHOP MEDIA UK LIMITED

Balance sheet statements

For the year ending 31 July 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.

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

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

This report was approved by the board of directors on 7 April 2025
and signed on behalf of the board by:

Name: Ritchie NANDA
Status: Director

The notes form part of these financial statements

PRESSHOP MEDIA UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.

PRESSHOP MEDIA UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 1

PRESSHOP MEDIA UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 August 2023 306,450 306,450
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 306,450 306,450
Amortisation
At 1 August 2023 0 0
Charge for year
On disposals
Other adjustments
At 31 July 2024 0 0
Net book value
At 31 July 2024 306,450 306,450
At 31 July 2023 306,450 306,450

PRESSHOP MEDIA UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Current assets investments note

The investment of £200,000 from Raja Bassi (investor).

PRESSHOP MEDIA UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 3,600 3,600
Other creditors 458,760 319,357
Total 462,360 322,957

The directors, "Mrs Raneeta Nanda" and "Mr Ritchie Nanda", have provided loans to the company amounting to £181,760 and £80,000 respectively, including an opening balance of £122,357 and an additional £59,403 during the year by Mrs Raneeta Nanda.