FREEBIRD MEDIA LIMITED |
Notes to the Accounts |
for the year ended 31 March 2025 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover represents the sales value received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the provision of services. Turnover from the sale of goods is recognised when goods are delivered and legal title has passed. Turnover from services provided is recognised when invoiced. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments and is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
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2 |
Employees |
2025 |
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2024 |
Number |
Number |
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Average number of persons employed by the company |
- |
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- |
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3 |
Creditors: amounts falling due within one year |
2025 |
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2024 |
£ |
£ |
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Corporation tax |
411 |
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2,167 |
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Other creditors |
1,093 |
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1,093 |
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1,504 |
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3,260 |
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4 |
Other information |
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FREEBIRD MEDIA LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
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25 Wavell Road |
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Maidenhead |
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Berkshire |
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SL6 5AB |