Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31No description of principal activityfalse2024-04-0111truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08946650 2024-04-01 2025-03-31 08946650 2023-04-01 2024-03-31 08946650 2025-03-31 08946650 2024-03-31 08946650 c:Director1 2024-04-01 2025-03-31 08946650 d:OfficeEquipment 2025-03-31 08946650 d:OfficeEquipment 2024-03-31 08946650 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 08946650 d:ComputerEquipment 2024-04-01 2025-03-31 08946650 d:CurrentFinancialInstruments 2025-03-31 08946650 d:CurrentFinancialInstruments 2024-03-31 08946650 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 08946650 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08946650 d:ShareCapital 2025-03-31 08946650 d:ShareCapital 2024-03-31 08946650 d:RetainedEarningsAccumulatedLosses 2025-03-31 08946650 d:RetainedEarningsAccumulatedLosses 2024-03-31 08946650 c:OrdinaryShareClass1 2024-04-01 2025-03-31 08946650 c:OrdinaryShareClass1 2025-03-31 08946650 c:OrdinaryShareClass1 2024-03-31 08946650 c:FRS102 2024-04-01 2025-03-31 08946650 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08946650 c:FullAccounts 2024-04-01 2025-03-31 08946650 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08946650 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08946650














CEYLON MEDIA LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

 
CEYLON MEDIA LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 5


 
CEYLON MEDIA LIMITED
REGISTERED NUMBER:08946650

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
486
725

Current assets
  

Debtors: amounts falling due within one year
 5 
278
81

Bank and cash balances
  
48,727
3,661

  
49,005
3,742

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(1,673,715)
(1,630,048)

Net current liabilities
  
 
 
(1,624,710)
 
 
(1,626,306)

Total assets less current liabilities
  
(1,624,224)
(1,625,581)

  


Capital and reserves
  

Called up share capital 
 7 
200
100

Profit and loss account
  
(1,624,424)
(1,625,681)

  
(1,624,224)
(1,625,581)


The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 July 2025.




L S Zahut
Director

Page 1

 
CEYLON MEDIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Ceylon Media Limited is a limited liability company registered in England and Wales. Its
registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire WD6 1JD.
The principal activity of the Company during the year was that of business advisory services.            
The Company's functional and presentational currency is £ Sterling.

2.Accounting policies

 
2.1

Basis of preparation of 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.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company made a loss for the year and at the balance sheet date has net current liabilities and net liabilities. The Director has obtained assurance from the shareholder that funds will be made available to the company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have been prepared under going concern on this basis. 

 
2.3

Turnover

Turnover is measured at the fair value of amounts receivable in respect of goods and services
provided in the year, net of trade discounts and excluding value added tax. The company recognises
revenue from goods when the goods are delivered to the customer. Revenue from services is
recognised when all contractual obligations have been met.

Page 2

 
CEYLON MEDIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Basic financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to/from related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.
Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method.
Cash and cash equivalents comprise cash balances and call deposits. 


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

Page 3

 
CEYLON MEDIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2024
2,171



At 31 March 2025

2,171



Depreciation


At 1 April 2024
1,446


Charge for the year on owned assets
239



At 31 March 2025

1,685



Net book value



At 31 March 2025
486



At 31 March 2024
725


5.


Debtors

2025
2024
£
£


Other debtors
97
81

Prepayments and accrued income
181
-

278
81



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
302
-

Other creditors
1,668,413
1,625,648

Accruals and deferred income
5,000
4,400

1,673,715
1,630,048


Page 4

 
CEYLON MEDIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

7.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



200 (2024 - 100) Ordinary shares of £1 each
200
100


During the year an additional 100 Ordinary shares of £1 each were issued for £100.

 
Page 5