Registered number
13191574
MEDIASAT TV LTD
Unaudited Filleted Accounts
31 March 2025
MEDIASAT TV LTD
Registered number: 13191574
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Debtors 3 3,230 27,915
Cash at bank and in hand 43,629 75,957
46,859 103,872
Creditors: amounts falling due within one year 4 (14,312) (39,497)
Net current assets 32,547 64,375
Net assets 32,547 64,375
Capital and reserves
Called up share capital 1 1
Profit and loss account 32,546 64,374
Shareholder's funds 32,547 64,375
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Williams
Director
Approved by the board on 26 August 2025
MEDIASAT TV LTD
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2025 2024
£ £
Trade debtors - 27,915
Other debtors 3,230 -
3,230 27,915
4 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 12,991 36,618
Other creditors 1,321 2,879
14,312 39,497
5 Other information
MEDIASAT TV LTD is a private company limited by shares and incorporated in England. Its registered office is:
300 St Marys Road
Garston
Liverpool
Merseyside
L19 0NQ
MEDIASAT TV LTD 13191574 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 J Williams No description of principal activity 13191574 2023-04-01 2024-03-31 13191574 core:WithinOneYear 2024-03-31 13191574 core:ShareCapital 2024-03-31 13191574 core:RetainedEarningsAccumulatedLosses 2024-03-31 13191574 2024-04-01 2025-03-31 13191574 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13191574 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 13191574 bus:Director40 2024-04-01 2025-03-31 13191574 1 2024-04-01 2025-03-31 13191574 2 2024-04-01 2025-03-31 13191574 countries:England 2024-04-01 2025-03-31 13191574 bus:FRS102 2024-04-01 2025-03-31 13191574 bus:FilletedAccounts 2024-04-01 2025-03-31 13191574 2025-03-31 13191574 core:WithinOneYear 2025-03-31 13191574 core:ShareCapital 2025-03-31 13191574 core:RetainedEarningsAccumulatedLosses 2025-03-31 13191574 2024-03-31 iso4217:GBP xbrli:pure