Company No:
Contents
Note | 2025 | 2024 | ||
£ | £ | |||
Fixed assets | ||||
Intangible assets | 3 |
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Tangible assets | 4 |
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16,046 | 13,864 | |||
Current assets | ||||
Debtors | 5 |
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Cash at bank and in hand |
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428,207 | 326,905 | |||
Creditors: amounts falling due within one year | 6 | (
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Net current assets | 105,604 | 59,754 | ||
Total assets less current liabilities | 121,650 | 73,618 | ||
Creditors: amounts falling due after more than one year | 7 | (
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Provision for liabilities | 8 | (
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Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account |
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Total shareholders' funds |
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Director's responsibilities:
The financial statements of B2E Media Limited (registered number:
Kiron Jayanti Chavda
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
B2E Media Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 37 Bentley Road, Forncett St. Peter, Norwich, NR16 1LU, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Exchange differences are recognised in the Income Statement in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Income Statement in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.
Other intangible assets |
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Office equipment |
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Computer equipment |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Income Statement as described below.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.
2025 | 2024 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including the director |
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Other intangible assets | Total | ||
£ | £ | ||
Cost | |||
At 01 February 2024 |
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Additions |
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At 31 January 2025 |
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Accumulated amortisation | |||
At 01 February 2024 |
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At 31 January 2025 |
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Net book value | |||
At 31 January 2025 |
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At 31 January 2024 |
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Office equipment | Computer equipment | Total | |||
£ | £ | £ | |||
Cost | |||||
At 01 February 2024 |
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Additions |
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Disposals | (
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At 31 January 2025 |
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Accumulated depreciation | |||||
At 01 February 2024 |
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Charge for the financial year |
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Disposals | (
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At 31 January 2025 |
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Net book value | |||||
At 31 January 2025 |
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At 31 January 2024 |
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£ | £ | ||
Trade debtors |
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Prepayments |
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£ | £ | ||
Bank loans |
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Trade creditors |
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Amounts owed to director | (
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Accruals and deferred income |
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Taxation and social security |
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Other creditors |
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£ | £ | ||
Bank loans |
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£ | £ | ||
At the beginning of financial year | (
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Credited/(charged) to the Income Statement |
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At the end of financial year | (
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The deferred taxation balance is made up as follows:
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£ | £ | ||
Accelerated capital allowances | (
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Other timing differences | (
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Pensions
The Company operates a defined contribution pension scheme for the director and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.
2025 | 2024 | ||
£ | £ | ||
Unpaid contributions due to the fund (inc. in other creditors) |
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