FLAGSHIP MEDIA GROUP LTD

Company Registration Number:
NI030646 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

FLAGSHIP MEDIA GROUP LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

FLAGSHIP MEDIA GROUP LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,573,494 2,200,427
Total fixed assets: 1,573,494 2,200,427
Current assets
Debtors:   34,883 22,761
Cash at bank and in hand: 101,553 18,235
Total current assets: 136,436 40,996
Creditors: amounts falling due within one year:   (1,561,347) (1,972,749)
Net current assets (liabilities): (1,424,911) (1,931,753)
Total assets less current liabilities: 148,583 268,674
Creditors: amounts falling due after more than one year: 4 (38,009) (46,471)
Total net assets (liabilities): 110,574 222,203
Capital and reserves
Called up share capital: 10,001 10,001
Profit and loss account: 100,573 212,202
Shareholders funds: 110,574 222,203

The notes form part of these financial statements

FLAGSHIP MEDIA GROUP LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 June 2025
and signed on behalf of the board by:

Name: Mr D Carstairs
Status: Director

The notes form part of these financial statements

FLAGSHIP MEDIA GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FLAGSHIP MEDIA GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 58 56

FLAGSHIP MEDIA GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 2,962,566
Additions 149,588
Disposals (758,428)
At 30 June 2024 2,353,726
Depreciation
At 01 July 2023 762,139
Charge for year 18,093
At 30 June 2024 780,232
Net book value
At 30 June 2024 1,573,494
At 30 June 2023 2,200,427

FLAGSHIP MEDIA GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due after more than one year note

Bank of Ireland hold a fixed charge over Unit C2, Westbank Business Park, 6 West Bank Drive, Belfast.