Registered number
05085965
Atypical Media Limited
Filleted Accounts
29 November 2024
Atypical Media Limited
Registered number: 05085965
Balance Sheet
as at 29 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 49,848 53,216
Investments 4 38,740 38,740
88,588 91,956
Current assets
Debtors 5 6,176 4,264
Cash at bank and in hand 6,535 66,544
12,711 70,808
Creditors: amounts falling due within one year 6 (18,542) (38,689)
Net current (liabilities)/assets (5,831) 32,119
Total assets less current liabilities 82,757 124,075
Creditors: amounts falling due after more than one year 7 (19,477) (28,475)
Net assets 63,280 95,600
Capital and reserves
Called up share capital 100 100
Profit and loss account 63,180 95,500
Shareholders' funds 63,280 95,600
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
Mr Cy Chadwick
Director
Approved by the board on 29 August 2025
Atypical Media Limited
Notes to the Accounts
for the year ended 29 November 2024
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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% reducing balance
Motor vehicles 25% reducing balance
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 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 30 November 2023 235,466 32,160 267,626
Additions 12,231 - 12,231
At 29 November 2024 247,697 32,160 279,857
Depreciation
At 30 November 2023 192,425 21,985 214,410
Charge for the year 13,055 2,544 15,599
At 29 November 2024 205,480 24,529 230,009
Net book value
At 29 November 2024 42,217 7,631 49,848
At 29 November 2023 43,041 10,175 53,216
4 Investments
Other
investments
£
Cost
At 30 November 2023 38,740
At 29 November 2024 38,740
5 Debtors 2024 2023
£ £
Trade debtors 6,176 2,973
Other debtors - 1,291
6,176 4,264
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 15,629 9,524
Taxation and social security costs 1,076 28,467
Other creditors 1,837 698
18,542 38,689
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 19,477 28,475
8 Other information
Atypical Media Limited is a private company limited by shares and incorporated in England. Its registered office is:
C/O The Accountancy Partnership Suite 5
5th Floor, City Reach,
5 Greenwich View Place
London
E14 9NN
Atypical Media Limited 05085965 false 2023-11-30 2024-11-29 2024-11-29 VT Final Accounts July 2024 Mr Cy Chadwick No description of principal activity 05085965 2022-11-30 2023-11-29 05085965 core:WithinOneYear 2023-11-29 05085965 core:AfterOneYear 2023-11-29 05085965 core:ShareCapital 2023-11-29 05085965 core:RetainedEarningsAccumulatedLosses 2023-11-29 05085965 2023-11-30 2024-11-29 05085965 bus:PrivateLimitedCompanyLtd 2023-11-30 2024-11-29 05085965 bus:AuditExemptWithAccountantsReport 2023-11-30 2024-11-29 05085965 bus:Director40 2023-11-30 2024-11-29 05085965 1 2023-11-30 2024-11-29 05085965 2 2023-11-30 2024-11-29 05085965 core:PlantMachinery 2023-11-30 2024-11-29 05085965 core:Vehicles 2023-11-30 2024-11-29 05085965 countries:England 2023-11-30 2024-11-29 05085965 bus:FRS102 2023-11-30 2024-11-29 05085965 bus:FilletedAccounts 2023-11-30 2024-11-29 05085965 2024-11-29 05085965 core:WithinOneYear 2024-11-29 05085965 core:AfterOneYear 2024-11-29 05085965 core:ShareCapital 2024-11-29 05085965 core:RetainedEarningsAccumulatedLosses 2024-11-29 05085965 core:PlantMachinery 2024-11-29 05085965 core:Vehicles 2024-11-29 05085965 2023-11-29 05085965 core:PlantMachinery 2023-11-29 05085965 core:Vehicles 2023-11-29 iso4217:GBP xbrli:pure