BrightAccountsProduction v1.0.0 v1.0.0 2024-03-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company continued to the that of digital marketing services. 30 June 2025 5 5 07931844 2025-02-28 07931844 2024-02-29 07931844 2023-02-28 07931844 2024-03-01 2025-02-28 07931844 2023-03-01 2024-02-29 07931844 uk-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 07931844 uk-curr:PoundSterling 2024-03-01 2025-02-28 07931844 uk-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 07931844 uk-bus:FullAccounts 2024-03-01 2025-02-28 07931844 uk-bus:Director1 2024-03-01 2025-02-28 07931844 uk-bus:RegisteredOffice 2024-03-01 2025-02-28 07931844 uk-bus:Agent1 2024-03-01 2025-02-28 07931844 uk-core:ShareCapital 2025-02-28 07931844 uk-core:ShareCapital 2024-02-29 07931844 uk-core:RetainedEarningsAccumulatedLosses 2025-02-28 07931844 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 07931844 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-02-28 07931844 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-02-29 07931844 uk-bus:FRS102 2024-03-01 2025-02-28 07931844 uk-core:PlantMachinery 2024-03-01 2025-02-28 07931844 uk-core:CurrentFinancialInstruments 2025-02-28 07931844 uk-core:CurrentFinancialInstruments 2024-02-29 07931844 uk-core:WithinOneYear 2025-02-28 07931844 uk-core:WithinOneYear 2024-02-29 07931844 uk-core:WithinOneYear 2025-02-28 07931844 uk-core:WithinOneYear 2024-02-29 07931844 uk-core:WithinOneYear 2025-02-28 07931844 uk-core:WithinOneYear 2024-02-29 07931844 uk-core:AfterOneYear 2025-02-28 07931844 uk-core:AfterOneYear 2024-02-29 07931844 uk-core:AfterOneYear 2025-02-28 07931844 uk-core:AfterOneYear 2024-02-29 07931844 uk-core:BetweenOneTwoYears 2025-02-28 07931844 uk-core:BetweenOneTwoYears 2024-02-29 07931844 uk-core:BetweenTwoFiveYears 2025-02-28 07931844 uk-core:BetweenTwoFiveYears 2024-02-29 07931844 uk-core:MoreThanFiveYears 2025-02-28 07931844 uk-core:MoreThanFiveYears 2024-02-29 07931844 uk-core:BetweenOneFiveYears 2025-02-28 07931844 uk-core:BetweenOneFiveYears 2024-02-29 07931844 uk-core:EmployeeBenefits 2024-02-29 07931844 uk-core:EmployeeBenefits 2024-03-01 2025-02-28 07931844 uk-core:AcceleratedTaxDepreciationDeferredTax 2025-02-28 07931844 uk-core:TaxLossesCarry-forwardsDeferredTax 2025-02-28 07931844 uk-core:OtherDeferredTax 2025-02-28 07931844 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2025-02-28 07931844 uk-core:EmployeeBenefits 2025-02-28 07931844 2024-03-01 2025-02-28 07931844 uk-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 07931844
 
 
Maybea Media Ltd
 
Director's Report and Unaudited Financial Statements
 
for the financial year ended 28 February 2025
Maybea Media Ltd
DIRECTOR AND OTHER INFORMATION

 
Director Stephen John Kitchen
 
 
Company Registration Number 07931844
 
 
Registered Office and Business Address 4 Greengate
Levens
Kendal
Cumbria
LA8 8NF
United Kingdom
 
 
Accountants Parkin Finance Limited
Suite 9
Unit 1 Meadowbank Business Park
Shap Road
Kendal
Cumbria
LA9 6NY



Maybea Media Ltd
DIRECTOR'S REPORT
for the financial year ended 28 February 2025

 
The director presents his report and the unaudited financial statements for the financial year ended 28 February 2025.
     
Director
The director who served during the financial year is as follows:
     
Stephen John Kitchen
   
There were no changes in shareholdings between 28 February 2025 and the date of signing the financial statements.
     
Political Contributions
The company did not make any disclosable political donations in the current financial year.
     
Statement of Director's Responsibilities
     
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
select suitable accounting policies and apply them consistently;
make judgements and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
___________________________
Stephen John Kitchen
Director
     
30 June 2025



Maybea Media Ltd
Company Registration Number: 07931844
BALANCE SHEET
as at 28 February 2025

2025 2024
Notes £ £
 
Fixed Assets
Tangible assets 4 24,206 28,933
Investment properties 5 1,445,000 1,445,000
───────── ─────────
Fixed Assets 1,469,206 1,473,933
───────── ─────────
 
Current Assets
Debtors 6 135,357 137,237
Cash at bank and in hand 11,955 26,678
───────── ─────────
147,312 163,915
───────── ─────────
Creditors: amounts falling due within one year 7 (94,366) (83,011)
───────── ─────────
Net Current Assets 52,946 80,904
───────── ─────────
Total Assets less Current Liabilities 1,522,152 1,554,837
 
Creditors:
amounts falling due after more than one year 8 (178,462) (234,653)
 
Provisions for liabilities 10 (66,411) (67,593)
───────── ─────────
Net Assets 1,277,279 1,252,591
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Retained earnings 1,277,179 1,252,491
───────── ─────────
Equity attributable to owners of the company 1,277,279 1,252,591
═════════ ═════════
 
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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account.
           
For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 30 June 2025
           
           
________________________________          
Stephen John Kitchen          
Director          
           



Maybea Media Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 28 February 2025

   
1. General Information
 
Maybea Media Ltd is a company limited by shares incorporated and registered in England. The registered number of the company is 07931844. The registered office of the company is 4 Greengate, Levens, Kendal, Cumbria, LA8 8NF, United Kingdom which is also the principal place of business of the company. The principal activity of the company continued to the that of digital marketing services. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 28 February 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 15% Reducing balance / 3 years straight line / 10% straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Investment properties
Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Profit and Loss Account.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
Work in progress
Work in progress is reflected in the accounts at the expected revenue due for work carried out during the period that has not yet been invoiced.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.   The carrying amount of deferred tax assets is reviewed at each reporting date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.  Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 5, (2024 - 5).
 
  2025 2024
  Number Number
 
Employees 5 5
  ═════════ ═════════
       
4. Tangible assets
  Plant and Total
  machinery  
     
  £ £
Cost or Valuation
At 1 March 2024 40,744 40,744
  ───────── ─────────
 
At 28 February 2025 40,744 40,744
  ───────── ─────────
Depreciation
At 1 March 2024 11,811 11,811
Charge for the financial year 4,727 4,727
  ───────── ─────────
At 28 February 2025 16,538 16,538
  ───────── ─────────
Net book value
At 28 February 2025 24,206 24,206
  ═════════ ═════════
At 29 February 2024 28,933 28,933
  ═════════ ═════════
           
4.1. Tangible assets continued
 
Included above are assets held under finance leases or hire purchase contracts as follows:
 
  2025   2024  
  Net Depreciation Net Depreciation
  book value charge book value charge
  £ £ £ £
 
Plant and machinery 16,614 2,932 19,546 3,449
  ═════════ ═════════ ═════════ ═════════
     
5. Investment Properties
  Investment
  properties
 
  £
Fair value
 
At 28 February 2025 1,445,000
  ─────────
 
The fair value of the investment property has been arrived at on the basis of a valuation carried out at £1,445,000 (2024 - £1,445,000) by Mr S J Kitchen, the director of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.
       
6. Debtors 2025 2024
  £ £
 
Trade debtors 30,229 15,314
Other debtors 27,081 32,190
Director's current account (Note 12) 63,252 75,503
Prepayments and accrued income 14,795 14,230
  ───────── ─────────
  135,357 137,237
  ═════════ ═════════
       
7. Creditors 2025 2024
Amounts falling due within one year £ £
 
Bank loan 40,090 41,864
Net obligations under finance leases
and hire purchase contracts 4,841 4,413
Trade creditors 1,264 163
Taxation  (Note 9) 38,195 27,709
Other creditors 7,022 6,985
Accruals 2,954 1,877
  ───────── ─────────
  94,366 83,011
  ═════════ ═════════
 
The bank loans ares secured by way of legal charge over properties known as Unit 3 Dockray Hall Mill, 27 Caroline Street and Unit 6 Parkside Road.
       
8. Creditors 2025 2024
Amounts falling due after more than one year £ £
 
Bank loan 171,277 222,626
Finance leases and hire purchase contracts 7,185 12,027
  ───────── ─────────
  178,462 234,653
  ═════════ ═════════
 
Loans
Repayable in one year or less, or on demand (Note 7) 40,090 41,864
Repayable between one and two years 42,898 38,779
Repayable between two and five years 97,867 123,127
Repayable in five years or more 30,512 60,720
  ───────── ─────────
  211,367 264,490
  ═════════ ═════════
 
 
Net obligations under finance leases
and hire purchase contracts
Repayable within one year 4,841 4,413
Repayable between one and five years 7,185 12,027
  ───────── ─────────
  12,026 16,440
  ═════════ ═════════
       
9. Taxation 2025 2024
  £ £
 
Creditors:
VAT 9,656 10,311
Corporation tax 26,176 15,924
PAYE / NI 2,363 1,474
  ───────── ─────────
  38,195 27,709
  ═════════ ═════════
         
10. Provisions for liabilities
 
The amounts provided for deferred taxation are analysed below:
 
  Capital Total Total
  allowances    
       
    2025 2024
  £ £ £
 
At financial year start 67,593 67,593 53,124
Charged to profit and loss (1,182) (1,182) 14,469
  ───────── ───────── ─────────
At financial year end 66,411 66,411 67,593
  ═════════ ═════════ ═════════
       
11. Capital commitments
 
The company had no material capital commitments at the financial year-ended 28 February 2025.
   
12. Director's advances, credits and guarantees
 
Amounts owed from Directors

£63,252  (£75,503)  was owed from the director as the balance sheet date.  Interest is charged at 2% per annum.
   
13. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.