Registered number
04097674
Broadcasting (GAIA) Ltd
Filleted Accounts
31 December 2024
Broadcasting (GAIA) Ltd
Registered number: 04097674
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 38,834 34,452
Creditors: amounts falling due within one year 4 (509) (510)
Net current assets 38,325 33,942
Net assets 38,325 33,942
Capital and reserves
Called up share capital 100 100
Profit and loss account 38,225 33,842
Shareholders' funds 38,325 33,942
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Fabio Pinto
Director
Approved by the board on 28 May 2025
Broadcasting (GAIA) Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2024 2023
£ £
Trade debtors 545 545
Amounts owed by group undertakings and undertakings in which the company has a participating interest 38,289 33,907
38,834 34,452
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,057 1,058
Taxation and social security costs (548) (548)
509 510
5 Other information
Broadcasting (GAIA) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
226-228 King Street
London
W6 0RA
Broadcasting (GAIA) Ltd 04097674 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts April 2025 Fabio Pinto No description of principal activity 04097674 2023-01-01 2023-12-31 04097674 core:WithinOneYear 2023-12-31 04097674 core:ShareCapital 2023-12-31 04097674 core:RetainedEarningsAccumulatedLosses 2023-12-31 04097674 2024-01-01 2024-12-31 04097674 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04097674 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04097674 bus:Director40 2024-01-01 2024-12-31 04097674 1 2024-01-01 2024-12-31 04097674 2 2024-01-01 2024-12-31 04097674 countries:England 2024-01-01 2024-12-31 04097674 bus:FRS102 2024-01-01 2024-12-31 04097674 bus:FilletedAccounts 2024-01-01 2024-12-31 04097674 2024-12-31 04097674 core:WithinOneYear 2024-12-31 04097674 core:ShareCapital 2024-12-31 04097674 core:RetainedEarningsAccumulatedLosses 2024-12-31 04097674 2023-12-31 iso4217:GBP xbrli:pure