Spiked Media Ltd 07071563 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is digital media production. Digita Accounts Production Advanced 6.30.9574.0 true 07071563 2024-01-01 2024-12-31 07071563 2024-12-31 07071563 core:CurrentFinancialInstruments 2024-12-31 07071563 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 07071563 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 07071563 core:FurnitureFittings 2024-12-31 07071563 core:OfficeEquipment 2024-12-31 07071563 core:PlantMachinery 2024-12-31 07071563 bus:SmallEntities 2024-01-01 2024-12-31 07071563 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 07071563 bus:FilletedAccounts 2024-01-01 2024-12-31 07071563 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07071563 bus:RegisteredOffice 2024-01-01 2024-12-31 07071563 bus:Director1 2024-01-01 2024-12-31 07071563 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07071563 core:FurnitureFittings 2024-01-01 2024-12-31 07071563 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 07071563 core:OfficeEquipment 2024-01-01 2024-12-31 07071563 core:PlantMachinery 2024-01-01 2024-12-31 07071563 countries:England 2024-01-01 2024-12-31 07071563 2023-12-31 07071563 core:FurnitureFittings 2023-12-31 07071563 core:OfficeEquipment 2023-12-31 07071563 core:PlantMachinery 2023-12-31 07071563 2023-01-01 2023-12-31 07071563 2023-12-31 07071563 core:CurrentFinancialInstruments 2023-12-31 07071563 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07071563 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 07071563 core:FurnitureFittings 2023-12-31 07071563 core:OfficeEquipment 2023-12-31 07071563 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 07071563

Spiked Media Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Spiked Media Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Spiked Media Ltd

Company Information

Director

Mr Christian Young

Registered office

8 Maplestead Road
London
SW2 3LX

Accountants

F & F Business Strategies Ltd
Chartered Certified Accountant
Room 2B01
South Bank Technopark
90 London Road
London
SE1 6LN

 

Spiked Media Ltd

(Registration number: 07071563)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

18,340

22,795

Current assets

 

Debtors

5

90,237

47,405

Investments

2,396

2,396

Cash at bank and in hand

 

46,081

96,395

 

138,714

146,196

Creditors: Amounts falling due within one year

6

(39,453)

(39,531)

Net current assets

 

99,261

106,665

Total assets less current liabilities

 

117,601

129,460

Creditors: Amounts falling due after more than one year

6

(15,833)

(25,833)

Net assets

 

101,768

103,627

Capital and reserves

 

Called up share capital

7

100

100

Capital redemption reserve

16,500

16,500

Retained earnings

85,168

87,027

Shareholders' funds

 

101,768

103,627

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 April 2025
 

 

Spiked Media Ltd

(Registration number: 07071563)
Balance Sheet as at 31 December 2024

.........................................
Mr Christian Young
Director

 

Spiked Media Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
8 Maplestead Road
London
SW2 3LX
England

The principal place of business is:
332 Canterbury Court
1-3 Brixton Road
London
SW9 6DE
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Spiked Media Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% Straight line

Furniture, fittings, tools and equipment

25% Straight line

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2023 - 3).

 

Spiked Media Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

At 1 January 2024

1,678

37,065

61,006

99,749

Additions

-

3,663

282

3,945

At 31 December 2024

1,678

40,728

61,288

103,694

Depreciation

At 1 January 2024

1,589

27,330

48,035

76,954

Charge for the year

16

2,957

5,427

8,400

At 31 December 2024

1,605

30,287

53,462

85,354

Carrying amount

At 31 December 2024

73

10,441

7,826

18,340

At 31 December 2023

89

9,735

12,971

22,795

5

debtors

Current

2024
£

2023
£

Trade debtors

80,107

37,286

Prepayments

4,309

4,299

Other debtors

5,821

5,820

 

90,237

47,405

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

9,978

4,145

Taxation and social security

19,646

17,888

Accruals and deferred income

8,390

7,140

Other creditors

1,439

10,358

39,453

39,531

Creditors: amounts falling due after more than one year

 

Spiked Media Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

15,833

25,833

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £0.10 each

1,000

100

1,000

100