IRIS Accounts Production v24.1.0.578 11356059 director 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113560592024-03-31113560592025-03-31113560592024-04-012025-03-31113560592023-03-31113560592023-04-012024-03-31113560592024-03-3111356059ns15:EnglandWales2024-04-012025-03-3111356059ns14:PoundSterling2024-04-012025-03-3111356059ns10:Director12024-04-012025-03-3111356059ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3111356059ns10:SmallEntities2024-04-012025-03-3111356059ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3111356059ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3111356059ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3111356059ns10:FullAccounts2024-04-012025-03-3111356059ns10:CompanySecretary12024-04-012025-03-3111356059ns10:RegisteredOffice2024-04-012025-03-3111356059ns5:CurrentFinancialInstruments2025-03-3111356059ns5:CurrentFinancialInstruments2024-03-3111356059ns5:Non-currentFinancialInstruments2025-03-3111356059ns5:Non-currentFinancialInstruments2024-03-3111356059ns5:ShareCapital2025-03-3111356059ns5:ShareCapital2024-03-3111356059ns5:RetainedEarningsAccumulatedLosses2025-03-3111356059ns5:RetainedEarningsAccumulatedLosses2024-03-3111356059ns5:LeaseholdImprovements2024-04-012025-03-3111356059ns5:FurnitureFittings2024-04-012025-03-3111356059ns5:ComputerEquipment2024-04-012025-03-3111356059ns5:LeaseholdImprovements2024-03-3111356059ns5:FurnitureFittings2024-03-3111356059ns5:ComputerEquipment2024-03-3111356059ns5:LeaseholdImprovements2025-03-3111356059ns5:FurnitureFittings2025-03-3111356059ns5:ComputerEquipment2025-03-3111356059ns5:LeaseholdImprovements2024-03-3111356059ns5:FurnitureFittings2024-03-3111356059ns5:ComputerEquipment2024-03-3111356059ns5:CurrentFinancialInstrumentsns5:WithinOneYear2025-03-3111356059ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-31113560591ns10:Director12024-03-31113560591ns10:Director12023-03-31113560591ns10:Director12024-04-012025-03-31113560591ns10:Director12023-04-012024-03-31113560591ns10:Director12025-03-31113560591ns10:Director12024-03-311135605912024-04-012025-03-31
REGISTERED NUMBER: 11356059 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 March 2025

for

Freedom Media Group Limited

Freedom Media Group Limited (Registered number: 11356059)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Freedom Media Group Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: D Thompson





SECRETARY:





REGISTERED OFFICE: Lockside Mill
St Martins Road
Marple
Stockport
Cheshire
SK6 7BZ





REGISTERED NUMBER: 11356059 (England and Wales)





ACCOUNTANTS: TF & Partners Ltd t/a Hatherlows
Chartered Accountants
The Studio, Hatherlow House
Hatherlow
Romiley
Stockport
Cheshire
SK6 3DY

Freedom Media Group Limited (Registered number: 11356059)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 16,601 8,129

CURRENT ASSETS
Debtors 6 62,809 80,010
Cash at bank 398,200 393,872
461,009 473,882
CREDITORS
Amounts falling due within one year 7 143,251 205,323
NET CURRENT ASSETS 317,758 268,559
TOTAL ASSETS LESS CURRENT
LIABILITIES

334,359

276,688

CREDITORS
Amounts falling due after more than one
year

8

21,759

26,981
NET ASSETS 312,600 249,707

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 312,598 249,705
SHAREHOLDERS' FUNDS 312,600 249,707

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Freedom Media Group Limited (Registered number: 11356059)

Statement of Financial Position - continued
31 March 2025


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 14 April 2025 and were signed by:





D Thompson - Director


Freedom Media Group Limited (Registered number: 11356059)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Freedom Media Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Improvements to property - 5% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Freedom Media Group Limited (Registered number: 11356059)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 1,955 3,338 7,805 13,098
Additions - 8,857 2,539 11,396
At 31 March 2025 1,955 12,195 10,344 24,494
DEPRECIATION
At 1 April 2024 24 612 4,333 4,969
Charge for year 97 471 2,356 2,924
At 31 March 2025 121 1,083 6,689 7,893
NET BOOK VALUE
At 31 March 2025 1,834 11,112 3,655 16,601
At 31 March 2024 1,931 2,726 3,472 8,129

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 31,660 45,010
Other debtors 31,149 35,000
62,809 80,010

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 5,222 5,222
Trade creditors 3,133 54,846
Taxation and social security 89,496 83,033
Other creditors 45,400 62,222
143,251 205,323

Freedom Media Group Limited (Registered number: 11356059)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 21,759 26,981

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 5,222

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
D Thompson
Balance outstanding at start of year 35,000 -
Amounts advanced 31,149 35,000
Amounts repaid (35,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,149 35,000

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £210,000 (2024 - £153,327) were paid to the director .

11. POST BALANCE SHEET EVENTS

The financial statements were authorised for issue by the director on 14 April 2025.

12. ULTIMATE CONTROLLING PARTY

The controlling party is D Thompson.