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REGISTERED NUMBER: 09161656 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

WILDWOOD MEDIA LIMITED

WILDWOOD MEDIA LIMITED (REGISTERED NUMBER: 09161656)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WILDWOOD MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: C K Newberry





REGISTERED OFFICE: 2nd Floor
Medway Bridge House
1 - 8 Fairmeadow
Maidstone
Kent
ME14 1JP





REGISTERED NUMBER: 09161656 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
2nd Floor
Medway Bridge House
1-8 Fairmeadow
Maidstone
Kent
ME14 1JP

WILDWOOD MEDIA LIMITED (REGISTERED NUMBER: 09161656)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 6,632 8,218

CURRENT ASSETS
Debtors 5 16,878 9,418
Cash at bank 32,503 31,677
49,381 41,095
CREDITORS
Amounts falling due within one year 6 30,279 26,466
NET CURRENT ASSETS 19,102 14,629
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,734

22,847

PROVISIONS FOR LIABILITIES 8 1,658 2,055
NET ASSETS 24,076 20,792

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 24,074 20,790
SHAREHOLDERS' FUNDS 24,076 20,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 9 May 2025 and were signed by:





C K Newberry - Director


WILDWOOD MEDIA LIMITED (REGISTERED NUMBER: 09161656)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

Wildwood Media Limited 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.

Going concern
Accounting standards require the director to consider the appropriateness of the going concern basis when preparing the financial statements. The director confirms that they consider the going concern basis remains appropriate. The director believes that the company has sufficient resources to continue in operational existence for the foreseeable future. The director believes this to be the case as the company has cash balances, positive reserves and no significant long term liabilities.

Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

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

WILDWOOD MEDIA LIMITED (REGISTERED NUMBER: 09161656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


2. ACCOUNTING POLICIES - continued

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Financial reporting standard 102 - reduced disclosure exemptions
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
- the requirements of Section 7 Statement of Cash Flows;
- the requirements of Section 3 Financial Statement Presentation paragraph 3.17 (d);
- the requirements of Section 11 Financial Instruments paragraphs 11.39 to 11.48A;
- the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.29;
- the requirements of Section 26 Share-based Payment paragraphs 26.18(b), 26.19 to 26.21 and 26.23;
- the requirements of Section 33 Related Party Disclosures paragraph 33.7.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2023 16,644 3,830 7,659 28,133
Additions 625 - - 625
At 31 August 2024 17,269 3,830 7,659 28,758
DEPRECIATION
At 1 September 2023 11,139 2,713 6,063 19,915
Charge for year 1,533 279 399 2,211
At 31 August 2024 12,672 2,992 6,462 22,126
NET BOOK VALUE
At 31 August 2024 4,597 838 1,197 6,632
At 31 August 2023 5,505 1,117 1,596 8,218

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,237 9,375
Prepayments and accrued income 1,641 43
16,878 9,418

WILDWOOD MEDIA LIMITED (REGISTERED NUMBER: 09161656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 68 36
Trade creditors 5,974 1,725
Corporation tax 9,167 13,555
Social security and other taxes 473 473
VAT 7,201 6,425
Other creditors 4,040 667
Directors' loan accounts 1,016 1,337
Accruals and deferred income 2,340 2,248
30,279 26,466

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 5,633 -
Between one and five years 4,694 -
10,327 -

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,658 2,055

Deferred
tax
£   
Balance at 1 September 2023 2,055
Credit to Income Statement during year (397 )
Balance at 31 August 2024 1,658

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1
1 Ordinary A £1 1 1
2 2

The Ordinary share holds an equal right to vote, each share holds an equal right to receive dividends, each share holds an equal right to participate in the distribution of assets on the event of winding up.

The Ordinary A share holds no right to vote, each share holds an equal right to receive dividends, each share holds no right to participate in the distribution of assets on the event of winding up.

WILDWOOD MEDIA LIMITED (REGISTERED NUMBER: 09161656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


10. RESERVES
Retained
earnings
£   

At 1 September 2023 20,790
Profit for the year 37,534
Dividends (34,250 )
At 31 August 2024 24,074

11. RELATED PARTY DISCLOSURES

At the balance sheet date, there is an amount of £1,016 (2023: £1,337) owed to the director by the company. The amount is included in creditors due within one year, is interest free and repayable on demand.

12. ULTIMATE CONTROLLING PARTY

The director C Newberry is the ultimate controlling party, by virtue of his ownership of all the voting share capital.