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Company Registration No. 14256641 (England and Wales)
T1 Media Ltd Unaudited accounts for the year ended 31 July 2024
T1 Media Ltd Unaudited accounts Contents
Page
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T1 Media Ltd Company Information for the year ended 31 July 2024
Director
PRICE, Robert Kenneth
Company Number
14256641 (England and Wales)
Registered Office
14 Sambar Road Fazeley Tamworth Staffordshire B78 3SS England
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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T1 Media Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,499 
23,375 
Current assets
Cash at bank and in hand
39,004 
4,053 
Creditors: amounts falling due within one year
(5,522)
(1,711)
Net current assets
33,482 
2,342 
Total assets less current liabilities
54,981 
25,717 
Creditors: amounts falling due after more than one year
(14,343)
(15,374)
Net assets
40,638 
10,343 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
40,637 
10,342 
Shareholders' funds
40,638 
10,343 
For the year ending 31 July 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 April 2025 and were signed on its behalf by
PRICE, Robert Kenneth Director Company Registration No. 14256641
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T1 Media Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
T1 Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 14256641. The registered office is 14 Sambar Road, Fazeley, Tamworth, Staffordshire, B78 3SS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
27,500 
Additions
1,918 
At 31 July 2024
29,418 
Depreciation
At 1 August 2023
4,125 
Charge for the year
3,794 
At 31 July 2024
7,919 
Net book value
At 31 July 2024
21,499 
At 31 July 2023
23,375 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,543 
1,711 
Taxes and social security
3,979 
- 
5,522 
1,711 
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T1 Media Ltd Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
14,343 
15,374 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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