Company Registration No. 6668769 (England and Wales)
Fonemedia Ltd
Unaudited accounts
for the year ended 31 August 2024
Fonemedia Ltd
Unaudited accounts
Contents
Fonemedia Ltd
Company Information
for the year ended 31 August 2024
Directors
Mr J Dalton
Mrs S Dalton
Company Number
6668769 (England and Wales)
Registered Office
Suite 4.2, 1175 Century Way
Thorpe Park
Leeds
West Yorkshire
LS15 8ZB
Accountants
Business Works UK Ltd
4 Lidgett Lane
Garforth
Leeds
West Yorkshire
LS25 1EQ
Fonemedia Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
291,196
200,103
Debtors
2,498,848
2,171,718
Cash at bank and in hand
1,123,066
1,140,564
Creditors: amounts falling due within one year
(518,507)
(494,923)
Net current assets
3,103,407
2,817,359
Total assets less current liabilities
3,394,603
3,017,462
Provisions for liabilities
Other provisions
(10,500)
-
Net assets
3,380,004
3,017,462
Called up share capital
1,000
1,000
Profit and loss account
3,379,004
3,016,462
Shareholders' funds
3,380,004
3,017,462
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 11 February 2025 and were signed on its behalf by
Mr J Dalton
Director
Company Registration No. 6668769
Fonemedia Ltd
Notes to the Accounts
for the year ended 31 August 2024
Fonemedia Ltd is a private company, limited by shares, registered in England and Wales, registration number 6668769. The registered office is Suite 4.2, 1175 Century Way, Thorpe Park, Leeds, West Yorkshire, LS15 8ZB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
33% flat rate
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
582
313,955
29,946
57,597
402,080
Additions
-
322,794
15,038
23,053
360,885
Disposals
-
(281,830)
-
(2,283)
(284,113)
At 31 August 2024
582
354,919
44,984
78,367
478,852
At 1 September 2023
443
159,923
17,512
24,099
201,977
Charge for the year
36
65,898
3,373
18,631
87,938
On disposals
-
(100,031)
-
(2,228)
(102,259)
At 31 August 2024
479
125,790
20,885
40,502
187,656
At 31 August 2024
103
229,129
24,099
37,865
291,196
At 31 August 2023
139
154,032
12,434
33,498
200,103
Fonemedia Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
555,206
530,066
Amounts due from group undertakings etc.
391,267
323,407
Accrued income and prepayments
55,105
19,552
Other debtors
1,497,270
1,298,693
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
46,396
93,023
Taxes and social security
187,533
194,514
Other creditors
4,953
2,074
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan Account
738,526
92,888
-
831,414
Director's Loan Account
240,453
55,580
-
296,033
978,979
148,468
-
1,127,447
8
Average number of employees
During the year the average number of employees was 16 (2023: 15).