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REGISTERED NUMBER: 09755546 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

UPLOAD MEDIA LTD

UPLOAD MEDIA LTD (REGISTERED NUMBER: 09755546)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

UPLOAD MEDIA LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Mr S Jones





REGISTERED OFFICE: Chilworth Point
1 Chilworth Road
Southampton
Hampshire
SO16 7JQ





REGISTERED NUMBER: 09755546 (England and Wales)





ACCOUNTANTS: Rothmans LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
SO16 7JQ

UPLOAD MEDIA LTD (REGISTERED NUMBER: 09755546)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 119,614 86,909

CURRENT ASSETS
Debtors 5 1,985,777 1,634,469
Cash at bank 231,580 99,827
2,217,357 1,734,296
CREDITORS
Amounts falling due within one year 6 2,003,014 1,568,442
NET CURRENT ASSETS 214,343 165,854
TOTAL ASSETS LESS CURRENT
LIABILITIES

333,957

252,763

CREDITORS
Amounts falling due after more than one
year

7

(84,058

)

(51,528

)

PROVISIONS FOR LIABILITIES (16,181 ) (13,500 )
NET ASSETS 233,718 187,735

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 233,618 187,635
233,718 187,735

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

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 28 April 2025 and were signed by:





Mr S Jones - Director


UPLOAD MEDIA LTD (REGISTERED NUMBER: 09755546)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Upload Media Ltd 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.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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. 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.
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Computer equipmt & website - 20% on cost
Plant and machinery - 20% on cost
Short leasehold - 2% 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 balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

UPLOAD MEDIA LTD (REGISTERED NUMBER: 09755546)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 October 2023 14,869 - 26,031
Additions - 8,395 8,039
Disposals - - -
At 30 September 2024 14,869 8,395 34,070
DEPRECIATION
At 1 October 2023 891 - 21,166
Charge for year 298 1,679 3,883
Eliminated on disposal - - -
At 30 September 2024 1,189 1,679 25,049
NET BOOK VALUE
At 30 September 2024 13,680 6,716 9,021
At 30 September 2023 13,978 - 4,865

Computer
Motor equipmt &
vehicles website Totals
£    £    £   
COST
At 1 October 2023 91,105 9,058 141,063
Additions 68,990 - 85,424
Disposals (27,917 ) - (27,917 )
At 30 September 2024 132,178 9,058 198,570
DEPRECIATION
At 1 October 2023 26,538 5,559 54,154
Charge for year 19,598 1,488 26,946
Eliminated on disposal (2,144 ) - (2,144 )
At 30 September 2024 43,992 7,047 78,956
NET BOOK VALUE
At 30 September 2024 88,186 2,011 119,614
At 30 September 2023 64,567 3,499 86,909

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:
Motor
vehicles
£   
COST
Additions 48,990
At 30 September 2024 48,990
NET BOOK VALUE
At 30 September 2024 48,990

UPLOAD MEDIA LTD (REGISTERED NUMBER: 09755546)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,892,207 1,470,392
Amounts owed by associates 1,925 -
Other debtors 27,916 21,312
VAT 54,010 133,423
Prepayments 9,719 9,342
1,985,777 1,634,469

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 27,678
Hire purchase contracts and finance leases 16,461 8,634
Trade creditors 1,643,722 1,353,265
Amounts owed to associates 144,127 -
Tax 155,361 92,501
Social security and other taxes - 13,121
Other creditors 9,039 11,515
Accrued expenses 34,304 61,728
2,003,014 1,568,442

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts and finance leases 84,058 51,528

8. RELATED PARTY DISCLOSURES

The company is charged management fees by an associated company, in the current year these amounted to £165,000 (2023 £208,667).

During the year this company made payments on behalf of an associated company totalling £1,925, no repayments were made in the year so at the year end the company was owed £1,925 by the associated company. No interest is being charged and the full amount is repayable on demand.

During the year an associated company assumed the liabilities for payments amounting to £144,127 on behalf of this company, no repayments were made in the year so at the year end this company owed £144,127 to the associated company. No interest is being charged and the full amount is repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Upload Group Limited.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
UPLOAD MEDIA LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Upload Media Ltd for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Upload Media Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Upload Media Ltd and state those matters that we have agreed to state to the director of Upload Media Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Upload Media Ltd and its director for our work or for this report.

It is your duty to ensure that Upload Media Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Upload Media Ltd. You consider that Upload Media Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Upload Media Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothmans LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
SO16 7JQ


Date: .............................................