Company Registration No. 14486866 (England and Wales)
Mays Media Limited
Unaudited accounts
for the year ended 30 November 2024
Mays Media Limited
Unaudited accounts
Contents
Mays Media Limited
Company Information
for the year ended 30 November 2024
Director
Nicholas Alan Mays
Company Number
14486866 (England and Wales)
Registered Office
C/O Black Swan Tax Advisers
5th Floor,Horton House
Exchange Flags
Liverpool
Merseyside
L2 3PF
England
Accountants
Shipleys Tax - Chartered Accountants
32 Park Cross Street
Leeds
West Yorkshire
LS1 2QH
Mays Media Limited
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
3,153
5,001
Creditors: amounts falling due within one year
(14,522)
(23,653)
Net current assets
21,597
37,593
Called up share capital
100
100
Profit and loss account
22,895
37,890
Shareholders' funds
22,995
37,990
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 5 May 2025 and were signed on its behalf by
Nicholas Alan Mays
Director
Company Registration No. 14486866
Mays Media Limited
Notes to the Accounts
for the year ended 30 November 2024
Mays Media Limited is a private company, limited by shares, registered in England and Wales, registration number 14486866. The registered office is C/O Black Swan Tax Advisers, 5th Floor,Horton House, Exchange Flags, Liverpool, Merseyside, L2 3PF, England.
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2023
330
124
454
At 30 November 2024
330
1,753
2,083
At 1 December 2023
42
15
57
Charge for the year
102
526
628
At 30 November 2024
144
541
685
At 30 November 2024
186
1,212
1,398
At 30 November 2023
288
109
397
Mays Media Limited
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Other debtors
32,966
56,245
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,441
22,211
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan
56,245
33,266
56,245
33,266
56,245
33,266
56,245
33,266
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).