Registered number
14845453
MRSP MEDIA LIMITED
Filleted Accounts
31 May 2025
MRSP MEDIA LIMITED
Registered number: 14845453
Balance Sheet
as at 31 May 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,931 1,602
Current assets
Debtors 4 10,562 4,444
Cash at bank and in hand 10,770 2,391
21,332 6,835
Creditors: amounts falling due within one year 5 (20,498) (8,115)
Net current assets/(liabilities) 834 (1,280)
Net assets 2,765 322
Capital and reserves
Called up share capital 2 2
Profit and loss account 2,763 320
Shareholders' funds 2,765 322
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.
S . L .PEARCE
Director
Approved by the board on 31 August 2025
MRSP MEDIA LIMITED
Notes to the Accounts
for the year ended 31 May 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.
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:
IT equipment over 5 years
Office Equipment over 5 years
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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets Restated Restated
IT equipment Office Equipment Total
£ £ £
Cost
At 1 June 2024 880 949 1,829
Additions 506 305 811
At 31 May 2025 1,386 1,254 2,640
Depreciation
At 1 June 2024 137 90 227
Charge for the year 224 258 482
At 31 May 2025 361 348 709
Net book value
At 31 May 2025 1,025 906 1,931
At 31 May 2024 743 859 1,602
4 Debtors 2025 2024
£ £
Trade debtors 4,453 -
Other debtors 6,109 4,444
10,562 4,444
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 694 -
Taxation and social security costs 16,004 1,758
Other creditors 3,800 6,357
20,498 8,115
6 Pension and other schemes
The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £556 (2024 - £1,398).

Contributions totalling £467.40 (2024 - £746.59) were payable to the scheme at the end of the year and are included in creditors.
7 Prior year adjustment
The Net book value of plant and machinery carry forward, amounting to £1,602 have been reclassified to Office equipment for an amount of £859 and IT equipment for an amount of £743. The difference in the reserves is £Nil.
8 Other information
MRSP MEDIA LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
40 Vegal Crescent
Englefield Green
Egham
England
TW20 0QF
MRSP MEDIA LIMITED 14845453 false 2024-06-01 2025-05-31 2025-05-31 VT Final Accounts July 2024 S . L .PEARCE No description of principal activity 14845453 2023-05-04 2024-05-31 14845453 core:WithinOneYear 2024-05-31 14845453 core:ShareCapital 2024-05-31 14845453 core:RetainedEarningsAccumulatedLosses 2024-05-31 14845453 2024-06-01 2025-05-31 14845453 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 14845453 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 14845453 bus:Director40 2024-06-01 2025-05-31 14845453 1 2024-06-01 2025-05-31 14845453 2 2024-06-01 2025-05-31 14845453 core:LandBuildings 2024-06-01 2025-05-31 14845453 core:PlantMachinery 2024-06-01 2025-05-31 14845453 countries:England 2024-06-01 2025-05-31 14845453 bus:FRS102 2024-06-01 2025-05-31 14845453 bus:FilletedAccounts 2024-06-01 2025-05-31 14845453 2025-05-31 14845453 core:WithinOneYear 2025-05-31 14845453 core:ShareCapital 2025-05-31 14845453 core:RetainedEarningsAccumulatedLosses 2025-05-31 14845453 core:LandBuildings 2025-05-31 14845453 core:PlantMachinery 2025-05-31 14845453 2024-05-31 14845453 core:LandBuildings 2024-05-31 14845453 core:PlantMachinery 2024-05-31 iso4217:GBP xbrli:pure