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REGISTERED NUMBER: 12007902 (England and Wales)














Financial Statements

for the Year Ended 31 March 2025

for

Out There Media Production Limited

Out There Media Production Limited (Registered number: 12007902)

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


Out There Media Production Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: R C Houghton





REGISTERED OFFICE: Suite 04.04
Tomorrow Building
Blue MediaCity UK
Salford
Greater Manchester
M50 2AB





REGISTERED NUMBER: 12007902 (England and Wales)





ACCOUNTANTS: SB&P
Chartered Accountants
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

Out There Media Production Limited (Registered number: 12007902)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 56,822 44,515

CURRENT ASSETS
Debtors 5 48,165 97,054
Cash at bank 94,596 31,432
142,761 128,486
CREDITORS
Amounts falling due within one year 6 43,156 35,092
NET CURRENT ASSETS 99,605 93,394
TOTAL ASSETS LESS CURRENT LIABILITIES 156,427 137,909

PROVISIONS FOR LIABILITIES 14,206 11,129
NET ASSETS 142,221 126,780

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 142,220 126,779
SHAREHOLDERS' FUNDS 142,221 126,780

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 June 2025 and were signed by:



R C Houghton - Director


Out There Media Production Limited (Registered number: 12007902)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Out There Media Production 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.

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.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Plant and machinery - 20% on cost
Computer equipment - 20% on reducing balance
Office equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 6 (2024 - 7 ) .

Out There Media Production Limited (Registered number: 12007902)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2024 1,563 66,770 68,333
Additions - 24,396 24,396
At 31 March 2025 1,563 91,166 92,729
DEPRECIATION
At 1 April 2024 1,071 22,747 23,818
Charge for year 256 11,833 12,089
At 31 March 2025 1,327 34,580 35,907
NET BOOK VALUE
At 31 March 2025 236 56,586 56,822
At 31 March 2024 492 44,023 44,515

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 36,757 54,240
Directors' current accounts 10,767 42,521
Prepayments 641 293
48,165 97,054

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Tax 30,078 20,315
Social security and other taxes 2,887 5,982
Pension Payable 428 293
VAT 9,170 7,438
Accrued expenses 593 1,064
43,156 35,092

Out There Media Production Limited (Registered number: 12007902)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
R C Houghton
Balance outstanding at start of year 42,521 19,142
Amounts advanced 66,622 103,375
Amounts repaid (98,376 ) (79,996 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,767 42,521