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REGISTERED NUMBER: 08333466 (England and Wales)


















Financial Statements for the Year Ended 30 June 2024

for

The Contented Digital Media Company
Limited

The Contented Digital Media Company
Limited (Registered number: 08333466)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Contented Digital Media Company
Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: A Bullock
M J Boyan
P K Summers





SECRETARY: A Bullock





REGISTERED OFFICE: Elsley Court
20-22 Great Titchfield Street
London
W1W 8BE





REGISTERED NUMBER: 08333466 (England and Wales)





AUDITORS: George Hay Partnership LLP
Chartered Accountants
and Statutory Auditor
Unit 1B
Focus 4
Fourth Avenue
Letchworth
Hertfordshire
SG6 2TU

The Contented Digital Media Company
Limited (Registered number: 08333466)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 - 11,404

CURRENT ASSETS
Debtors 6 769,691 599,697
Cash at bank and in hand 56,347 131,882
826,038 731,579
CREDITORS
Amounts falling due within one year 7 2,596,485 1,984,983
NET CURRENT LIABILITIES (1,770,447 ) (1,253,404 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,770,447

)

(1,242,000

)

CREDITORS
Amounts falling due after more than one
year

8

10,503

19,880
NET LIABILITIES (1,780,950 ) (1,261,880 )

CAPITAL AND RESERVES
Called up share capital 4 4
Share premium 399,996 399,996
Retained earnings (2,180,950 ) (1,661,880 )
SHAREHOLDERS' FUNDS (1,780,950 ) (1,261,880 )

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 27 June 2025 and were signed on its behalf by:





A Bullock - Director


The Contented Digital Media Company
Limited (Registered number: 08333466)

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

1. STATUTORY INFORMATION

The Contented Digital Media Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention unless otherwise
specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

Going Concern

The company has net current liabilities £1,770,447 at the balance sheet date.

The company has received confirmation from its ultimate parent undertaking, Miroma Holdings Limited, that it will continue to provide such financial support as required by the company to be able to continue its operations as a going concern and pay its debts as they fall due. This support has been provided for a period of 12 months from the date of approval of these financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from media contracts is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the Contract or the detailed Scope of Work.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
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.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

The Contented Digital Media Company
Limited (Registered number: 08333466)

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

3. ACCOUNTING POLICIES - continued

Financial instruments
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any
impairment losses for bad and doubtful debts.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case these are stated at cost.

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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 25 ) .

The Contented Digital Media Company
Limited (Registered number: 08333466)

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

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 10,463 54,696 65,159
DEPRECIATION
At 1 July 2023 7,549 46,206 53,755
Charge for year 2,914 8,490 11,404
At 30 June 2024 10,463 54,696 65,159
NET BOOK VALUE
At 30 June 2024 - - -
At 30 June 2023 2,914 8,490 11,404

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 313,551 125,478
Amounts owed by group undertakings 357,929 414,726
Sundry Debtors and Prepayments 98,211 59,493
769,691 599,697

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 10,268 10,271
Trade creditors 157,004 97,467
Amounts owed to group undertakings 1,420,845 920,713
Taxation & Social Security 328,025 228,944
Directors' current accounts 340,007 375,385
Accruals and deferred income 340,336 352,203
2,596,485 1,984,983

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 9) 10,503 19,880

The Contented Digital Media Company
Limited (Registered number: 08333466)

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

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 256
Bank loans 10,268 10,015
10,268 10,271

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,503 10,268

Amounts falling due between two and five years:
Bank loans - 2-5 years - 9,612

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 135,324 137,918

11. SECURED DEBTS

The bank has a fixed and floating charge over the assets of the company.

12. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Emma Wilsher FCA (Senior Statutory Auditor)
for and on behalf of George Hay Partnership LLP

Material uncertainty related to going concern
We draw attention to the going concern note of the financial statements which indicates the company is dependent on the continued support of the ultimate parent company. The dependence on parent company support indicates the existence of material uncertainty that may cast doubt about the company's ability to continue as a going concern.

13. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The Contented Digital Media Company
Limited (Registered number: 08333466)

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

14. POST BALANCE SHEET EVENTS

As part of a group reorganisation on 27 June 2024 the ownership of the company transferred to Way to Blue (which was renamed to The Multiple Agency Limited on 26 July 2024). Contented became part of a new trading entity called Multiple, bringing together three of the Miroma Group's companies focussed on production and amplification of creative content.

The existing trade and clients of Contented were subsequently transferred to Multiple. The Contented brand remains in use for potential future projects.

15. ULTIMATE CONTROLLING PARTY

The Multiple Agency Limited is the immediate parent. The Multiple Agency Limited is controlled by Marc Boyan by virtue of shareholding and therefore is the ultimate controlling party of The Contented Digital Media Company Limited.