Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-302023-12-01falseConsultancy11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08777696 2023-12-01 2024-11-30 08777696 2022-12-01 2023-11-30 08777696 2024-11-30 08777696 2023-11-30 08777696 c:Director1 2023-12-01 2024-11-30 08777696 d:FurnitureFittings 2023-12-01 2024-11-30 08777696 d:FurnitureFittings 2024-11-30 08777696 d:FurnitureFittings 2023-11-30 08777696 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 08777696 d:Goodwill 2023-12-01 2024-11-30 08777696 d:CurrentFinancialInstruments 2024-11-30 08777696 d:CurrentFinancialInstruments 2023-11-30 08777696 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 08777696 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 08777696 d:ShareCapital 2024-11-30 08777696 d:ShareCapital 2023-11-30 08777696 c:FRS102 2023-12-01 2024-11-30 08777696 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08777696 c:FullAccounts 2023-12-01 2024-11-30 08777696 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08777696 2 2023-12-01 2024-11-30 08777696 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 08777696









SQUARE METER MEDIA LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
SQUARE METER MEDIA LIMITED
REGISTERED NUMBER: 08777696

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,425
1,901

  
1,425
1,901

Current assets
  

Debtors: amounts falling due within one year
 5 
9,288
11,266

Cash at bank and in hand
 6 
6,416
3,385

  
15,704
14,651

Creditors: amounts falling due within one year
 7 
(17,029)
(16,452)

Net current liabilities
  
 
 
(1,325)
 
 
(1,801)

Total assets less current liabilities
  
100
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
  
100
100

  
100
100


Page 1

 
SQUARE METER MEDIA LIMITED
REGISTERED NUMBER: 08777696
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 June 2025.





................................................
Joanne Berrington
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SQUARE METER MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Square Meter Media Limited was incorporated in England and Wales and is a private company limited by share capital. The principal activity of the Company throughout the year was that of online garden magazines. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 3

 
SQUARE METER MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

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.

Page 4

 
SQUARE METER MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 December 2023
13,898



At 30 November 2024

13,898



Depreciation


At 1 December 2023
11,997


Charge for the year on owned assets
476



At 30 November 2024

12,473



Net book value



At 30 November 2024
1,425



At 30 November 2023
1,901

Page 5

 
SQUARE METER MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
9,058
11,047

Prepayments and accrued income
230
219

9,288
11,266



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
6,416
3,385

6,416
3,385



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
10

Corporation tax
764
940

Other creditors
14,831
14,322

Accruals and deferred income
1,434
1,180

17,029
16,452



8.


Controlling party

The Company is controlled by the director, Joanne Berrington, by virtue of her shareholding as described in the Director's report.

 
Page 6