Black Geko Media Ltd 09137160 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is that of a media agency. Digita Accounts Production Advanced 6.30.9574.0 true true 09137160 2024-01-01 2024-12-31 09137160 2024-12-31 09137160 core:CurrentFinancialInstruments 2024-12-31 09137160 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 09137160 core:Non-currentFinancialInstruments 2024-12-31 09137160 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 09137160 core:Goodwill 2024-12-31 09137160 core:OtherPropertyPlantEquipment 2024-12-31 09137160 bus:SmallEntities 2024-01-01 2024-12-31 09137160 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 09137160 bus:FilletedAccounts 2024-01-01 2024-12-31 09137160 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09137160 bus:RegisteredOffice 2024-01-01 2024-12-31 09137160 bus:Director1 2024-01-01 2024-12-31 09137160 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09137160 bus:Agent1 2024-01-01 2024-12-31 09137160 core:Goodwill 2024-01-01 2024-12-31 09137160 core:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 09137160 core:PlantMachinery 2024-01-01 2024-12-31 09137160 countries:AllCountries 2024-01-01 2024-12-31 09137160 2023-12-31 09137160 core:Goodwill 2023-12-31 09137160 core:OtherPropertyPlantEquipment 2023-12-31 09137160 2023-01-01 2023-12-31 09137160 2023-12-31 09137160 core:CurrentFinancialInstruments 2023-12-31 09137160 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 09137160 core:Non-currentFinancialInstruments 2023-12-31 09137160 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 09137160 core:OtherPropertyPlantEquipment 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 09137160

Black Geko Media Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Black Geko Media Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 8

 

Black Geko Media Ltd

Company Information

Director

Sarah-Jayne Head

Registered office

Fastnet House
Church View Business Park
Bickland Water Road
Falmouth
TR11 4FZ

Accountants

Julia Evans Accountants Ltd 79-81 Boslowick Road
Falmouth
Cornwall
TR11 4QD

 

Black Geko Media Ltd

(Registration number: 09137160)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

-

3,528

Current assets

 

Debtors

6

11,255

23,398

Cash at bank and in hand

 

820

8,417

 

12,075

31,815

Creditors: Amounts falling due within one year

7

(34,346)

(28,989)

Net current (liabilities)/assets

 

(22,271)

2,826

Total assets less current liabilities

 

(22,271)

6,354

Creditors: Amounts falling due after more than one year

7

(3,867)

(13,030)

Net liabilities

 

(26,138)

(6,676)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(26,139)

(6,677)

Shareholders' deficit

 

(26,138)

(6,676)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 August 2025
 

.........................................
Sarah-Jayne Head
Director

 

Black Geko Media Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Fastnet House
Church View Business Park
Bickland Water Road
Falmouth
TR11 4FZ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis and assume the continued support of the director for a year from the date the accounts are approved.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

 

Black Geko Media Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tax

Taxation represents the sum of tax currently payable and deferred tax.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

50% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

 

Black Geko Media Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 4).

 

Black Geko Media Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 January 2024

10,000

10,000

At 31 December 2024

10,000

10,000

Amortisation

At 1 January 2024

10,000

10,000

At 31 December 2024

10,000

10,000

Carrying amount

At 31 December 2024

-

-

5

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 January 2024

28,825

28,825

At 31 December 2024

28,825

28,825

Depreciation

At 1 January 2024

25,297

25,297

Charge for the year

3,528

3,528

At 31 December 2024

28,825

28,825

Carrying amount

At 31 December 2024

-

-

At 31 December 2023

3,528

3,528

 

Black Geko Media Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Debtors

Current

2024
£

2023
£

Trade debtors

8,044

21,076

Prepayments

962

-

Other debtors

2,249

2,322

 

11,255

23,398

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

14,498

8,924

Trade creditors

 

294

2,129

Taxation and social security

 

6,393

13,657

Accruals and deferred income

 

1,752

1,840

Other creditors

 

11,409

2,439

 

34,346

28,989

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

3,867

13,030

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

3,867

13,030

 

Black Geko Media Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Current loans and borrowings

2024
£

2023
£

Bank borrowings

9,149

8,924

Bank overdrafts

5,349

-

14,498

8,924