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REGISTERED NUMBER: 06351004 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 September 2024

for

Mambo Media Limited

Mambo Media Limited (Registered number: 06351004)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mambo Media Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: E S Willson
Mrs N J Willson





REGISTERED OFFICE: Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW





REGISTERED NUMBER: 06351004 (England and Wales)





ACCOUNTANTS: Willsons
Chartered Accountants
Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW

Mambo Media Limited (Registered number: 06351004)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 177,239 71,191

CURRENT ASSETS
Debtors 5 779,972 848,519
Cash at bank 202,397 166,618
982,369 1,015,137
CREDITORS
Amounts falling due within one year 6 151,502 190,373
NET CURRENT ASSETS 830,867 824,764
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,008,106

895,955

CREDITORS
Amounts falling due after more than one year 7 (83,361 ) (16,047 )

PROVISIONS FOR LIABILITIES (42,824 ) -
NET ASSETS 881,921 879,908

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 881,821 879,808
SHAREHOLDERS' FUNDS 881,921 879,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

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.

Mambo Media Limited (Registered number: 06351004)

Balance Sheet - continued
30 September 2024


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 Board of Directors and authorised for issue on 10 June 2025 and were signed on its behalf by:





E S Willson - Director


Mambo Media Limited (Registered number: 06351004)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Mambo 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.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the period.

When the outcome of work can be estimated reliably, turnover from the work done is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to percentage of job completed. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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.

Mambo Media Limited (Registered number: 06351004)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 October 2023 10,821 168,946 3,237 - 183,004
Additions - 11,801 - 148,124 159,925
Disposals - (5,292 ) - - (5,292 )
At 30 September 2024 10,821 175,455 3,237 148,124 337,637
DEPRECIATION
At 1 October 2023 2,164 109,002 647 - 111,813
Charge for year 1,731 14,359 518 37,031 53,639
Eliminated on disposal - (5,054 ) - - (5,054 )
At 30 September 2024 3,895 118,307 1,165 37,031 160,398
NET BOOK VALUE
At 30 September 2024 6,926 57,148 2,072 111,093 177,239
At 30 September 2023 8,657 59,944 2,590 - 71,191

The net book value at the balance sheet date of fixed assets held under hire purchase contracts was £111,093 (2023 £1,706)

Mambo Media Limited (Registered number: 06351004)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 205,819 264,547
Amounts recoverable on
contracts 13,825 78,035
Other debtors 342,547 340,673
Directors' current accounts 215,608 162,548
Prepayments 2,173 2,716
779,972 848,519

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts (see note 8) 20,257 711
Corporation Tax 38,546 88,505
VAT 64,473 76,751
Other creditors 2,787 6,953
Covid Loan 10,000 10,000
Pensions Creditor 1,405 1,089
Accrued expenses 14,034 6,364
151,502 190,373

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts (see note 8) 76,857 -
Covid Loan 2 - 5 years 6,504 16,047
83,361 16,047

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
30.9.24 30.9.23
£    £   
Net obligations repayable:
Within one year 20,257 711
Between one and five years 76,857 -
97,114 711

Mambo Media Limited (Registered number: 06351004)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. LEASING AGREEMENTS - continued

Non-cancellable operating leases
30.9.24 30.9.23
£    £   
Within one year 11,700 9,700

9. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Hire purchase contracts 97,114 711

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
E S Willson
Balance outstanding at start of year 81,274 109,204
Amounts advanced 107,804 81,274
Amounts repaid (81,274 ) (109,204 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 107,804 81,274

Mrs N J Willson
Balance outstanding at start of year 81,274 109,204
Amounts advanced 107,804 81,274
Amounts repaid (81,274 ) (109,204 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 107,804 81,274