11 01/01/2024 31/12/2024 2024-12-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-01-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 11727709 2024-01-01 2024-12-31 11727709 2024-12-31 11727709 2023-12-31 11727709 2023-01-01 2023-12-31 11727709 2023-12-31 11727709 2022-12-31 11727709 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 11727709 core:MotorVehicles 2024-01-01 2024-12-31 11727709 bus:Director1 2024-01-01 2024-12-31 11727709 core:FurnitureFittingsToolsEquipment 2023-12-31 11727709 core:MotorVehicles 2023-12-31 11727709 core:FurnitureFittingsToolsEquipment 2024-12-31 11727709 core:MotorVehicles 2024-12-31 11727709 core:AfterOneYear 2024-12-31 11727709 core:AfterOneYear 2023-12-31 11727709 core:WithinOneYear 2024-12-31 11727709 core:WithinOneYear 2023-12-31 11727709 core:ShareCapital 2024-12-31 11727709 core:ShareCapital 2023-12-31 11727709 core:CapitalRedemptionReserve 2024-12-31 11727709 core:CapitalRedemptionReserve 2023-12-31 11727709 core:RetainedEarningsAccumulatedLosses 2024-12-31 11727709 core:RetainedEarningsAccumulatedLosses 2023-12-31 11727709 core:FurnitureFittingsToolsEquipment 2023-12-31 11727709 core:MotorVehicles 2023-12-31 11727709 bus:SmallEntities 2024-01-01 2024-12-31 11727709 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11727709 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11727709 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11727709 bus:FullAccounts 2024-01-01 2024-12-31
Company registration number: 11727709
BrandStand Communications AMA Limited
Financial statements
31 December 2024
BrandStand Communications AMA Limited
Statement of financial position
31st December 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 28,405 30,750
__________ __________
28,405 30,750
Current assets
Debtors 5 211,418 243,617
Cash at bank and in hand 29,591 73,174
__________ __________
241,009 316,791
Creditors: amounts falling due
within one year 6 ( 127,951) ( 192,046)
__________ __________
Net current assets 113,058 124,745
__________ __________
Total assets less current liabilities 141,463 155,495
Creditors: amounts falling due
after more than one year 7 ( 31,460) ( 36,734)
__________ __________
Net assets 110,003 118,761
__________ __________
Capital and reserves
Called up share capital 80 80
Capital redemption reserve 20 20
Profit and loss account 109,903 118,661
__________ __________
Shareholders funds 110,003 118,761
__________ __________
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 16 April 2025 , and are signed on behalf of the board by:
Millicent Kendall
Director
Company registration number: 11727709
BrandStand Communications AMA Limited
Notes to the financial statements
Year ended 31st December 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 27 Rathbone Street, London, W1T 1NH.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 25 % straight line
Motor vehicles - 10 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Tangible assets
Fixtures, fittings and equipment Motor vehicles Total
£ £ £
Cost
At 1st January 2024 36,234 22,500 58,734
Additions 11,951 - 11,951
__________ __________ __________
At 31st December 2024 48,185 22,500 70,685
__________ __________ __________
Depreciation
At 1st January 2024 25,652 2,332 27,984
Charge for the year 12,046 2,250 14,296
__________ __________ __________
At 31st December 2024 37,698 4,582 42,280
__________ __________ __________
Carrying amount
At 31st December 2024 10,487 17,918 28,405
__________ __________ __________
At 31st December 2023 10,582 20,168 30,750
__________ __________ __________
5. Debtors
2024 2023
£ £
Trade debtors 144,226 201,043
Other debtors 67,192 42,574
__________ __________
211,418 243,617
__________ __________
6. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 54,933 20,561
Corporation tax 10,827 47,021
Social security and other taxes 51,362 59,729
Other creditors 10,829 64,735
__________ __________
127,951 192,046
__________ __________
7. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans and overdrafts 31,460 36,734
__________ __________