Company registration number 08435639 (England and Wales)
PINATA MEDIA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
PINATA MEDIA LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PINATA MEDIA LIMITED (REGISTERED NUMBER: 08435639)
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
179
Current assets
Debtors
4
3,060
4,100
Cash at bank and in hand
8,569
8,957
11,629
13,057
Creditors: amounts falling due within one year
5
(8,426)
(9,014)
Net current assets
3,203
4,043
Total assets less current liabilities
3,203
4,222
Provisions for liabilities
(34)
Net assets
3,203
4,188
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
2,203
3,188
Total equity
3,203
4,188
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 21 July 2025
Mr P R Ellwood-Hughes
Director
PINATA MEDIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information
Pinata Media Limited is a private company limited by shares incorporated in England and Wales. The registered office is 19/21 Swan Street, West Malling, Kent, ME19 6JU.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents amounts receivable from customers for digital marketing and PR services. Turnover is recognised as the services are provided to the customer.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computer equipment
33% straight line
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.
1.4
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
1.5
Retirement benefits
Payments to defined contribution retirement benefit schemes are charges as an expense as they fall due.
PINATA MEDIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Computer equipment
£
Cost
At 1 April 2024 and 31 March 2025
3,313
Depreciation and impairment
At 1 April 2024
3,134
Depreciation charged in the year
179
At 31 March 2025
3,313
Carrying amount
At 31 March 2025
At 31 March 2024
179
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
3,060
4,100
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,786
1,701
Taxation and social security
4,870
5,513
Other creditors
1,770
1,800
8,426
9,014