| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| ALFA MEDIA PARTNER LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| ALFA MEDIA PARTNER LIMITED |
| ALFA MEDIA PARTNER LIMITED (REGISTERED NUMBER: 01714750) |
| Contents of the Financial Statements |
| for the year ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| ALFA MEDIA PARTNER LIMITED |
| Company Information |
| for the year ended 31 March 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 9 Worton Park |
| Cassington |
| Witney |
| Oxfordshire |
| OX29 4SX |
| ALFA MEDIA PARTNER LIMITED (REGISTERED NUMBER: 01714750) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 |
| CAPITAL AND RESERVES |
| Share capital | 8 |
| Share premium | 9 |
| Retained earnings | 9 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 212,030 | 244,193 |
| The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
| ALFA MEDIA PARTNER LIMITED (REGISTERED NUMBER: 01714750) |
| Notes to the Financial Statements |
| for the year ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Alfa Media Partner Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| 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 |
| Plant and machinery etc | - |
| Research and development |
| Expenditure on research and development is written off in the year in which it is incurred. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Computer |
| equipment |
| £ |
| COST |
| At 1 April 2024 |
| and 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| and 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| ALFA MEDIA PARTNER LIMITED (REGISTERED NUMBER: 01714750) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2025 |
| 5. | DEBTORS |
| 2025 | 2024 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| Other debtors |
| Amounts falling due after more than one year: |
| Amounts owed by group undertakings |
| Aggregate amounts |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Debentures more 5yr non-instal |
| The debenture loan represents an amount owned to Braham Trade and Management AG, a company registered in Switzerland. Braham Trade and Management AG has secured this loan by way of a fixed and floating charge over the assets of the company. |
| 8. | SHARE CAPITAL |
| The company's preference shares rank pari passu with the ordinary shares in respect of any dividends declared by the company. |
| Each holder of the preference shares shall be entitled in priority to the holders of any other class of share to receive out of the assets of the company available for distribution amongst the members, in a winding up of an amount in respect of each preference share held equal to the amount paid up thereon including any premium and then pari passu with the holders of the ordinary shares a proportionate amount of the balance of such assets. |
| The company may redeem all of the preference shares at any time provided it gives 28 days notice to the holders. |
| There are no voting rights attached to the preference shares unless the business of the meeting includes the liquidation of the company or a resolution directly or adversely altering or abrogating any of the special rights or privileges attached to the preference shares. |
| ALFA MEDIA PARTNER LIMITED (REGISTERED NUMBER: 01714750) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2025 |
| 9. | RESERVES |
| Retained | Share |
| earnings | premium | Totals |
| £ | £ | £ |
| At 1 April 2024 | ( |
) | (4,610,783 | ) |
| Deficit for the year | ( |
) | ( |
) |
| At 31 March 2025 | ( |
) | (4,642,946 | ) |
| 10. | ULTIMATE CONTROLLING PARTY |
| The company's immediate parent company is International Publishing Associates Limited, a company incorporated in the United Kingdom. Registered Office: Unit 1 Oakfield Industrial Estate, Eynsham, Witney, Oxfordshire. |
| The company's ultimate controlling party is Daante Trust (Cyprus), a discretionary trust registered in Cyprus. |
| 11. | GOING CONCERN |
| These accounts have been prepared on the going concern basis, on the understanding that the company will continue to receive financial support from its ultimate controlling party. |