| Registered Number:07845244 |
For the year ended 31 January 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2025
Media Spin Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Media Spin Ltd
Statement of Financial Position
2024
2025
838,569
-
-
838,569
80,000
80,000
2
80,000
80,000
| Trade and other payables: amounts falling due within one |
| year |
(14,294)
(14,294)
3
65,706
65,706
Net current assets
| Total assets less current liabilities |
65,706
904,275
| Trade and other payables: amounts falling due after more |
| than one year |
(1,220,908)
(382,339)
4
(316,633)
Net liabilities
(316,633)
1,000
1,000
(317,633)
(317,633)
(316,633)
(316,633)
Shareholders' funds
| For the year ended 31 January 2025 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 of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Gavin Bonallie Director |
| These financial statements were approved and authorised for issue by the Board on 16 June 2025 and were signed by: |
| The notes form part of these financial statements |
1 of 3
For the year ended 31 January 2025
Media Spin Ltd
Notes to the Financial Statements
Statutory Information
| Media Spin Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 07845244. |
12 Sea View Park
Whitburn
Sunderland
Tyne & Wear
SR6 7JS
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
| 2. Financial instruments at fair value |
2024
2025
80,000
80,000
| 3. Trade and other payables: amounts falling due within one year |
2024
2025
14,294
14,294
| 4. Trade and other payables: amounts falling due after more than one year |
2024
2025
382,339
1,220,908
| 5. Related party transactions |
| As at 31 January 2025, Mr Gavin Bonallie (director of the company) was owed £14,294 (year ended 31 January 2024 |
| - £14,294). This balance arose in relation to a a loan. |
| 6. Average number of persons employed |
During the period the average number of employees was 1 (2024 : 1)
2 of 3
For the year ended 31 January 2025
Media Spin Ltd
Notes to the Financial Statements Continued
3 of 3