1 August 2024 false No description of principal activity Taxfiler 2024.6 04468620 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 04468620 2024-07-31 04468620 2024-08-01 2025-07-31 04468620 business:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 04468620 business:FilletedAccounts 2024-08-01 2025-07-31 04468620 2025-07-31 04468620 business:Director1 2024-08-01 2025-07-31 04468620 business:RegisteredOffice 2024-08-01 2025-07-31 04468620 2024-07-31 04468620 core:WithinOneYear 2025-07-31 04468620 core:WithinOneYear 2024-07-31 04468620 core:ShareCapital core:PreviouslyStatedAmount 2025-07-31 04468620 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 04468620 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 04468620 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 04468620 core:PreviouslyStatedAmount 2025-07-31 04468620 core:PreviouslyStatedAmount 2024-07-31 04468620 business:SmallEntities 2024-08-01 2025-07-31 04468620 countries:EnglandWales 2024-08-01 2025-07-31 04468620 core:PlantMachinery 2024-08-01 2025-07-31 04468620 core:ComputerEquipment 2024-08-01 2025-07-31 04468620 core:FurnitureFittings 2024-07-31 04468620 core:ComputerEquipment 2024-07-31 04468620 core:FurnitureFittings 2024-08-01 2025-07-31 04468620 core:FurnitureFittings 2025-07-31 04468620 core:ComputerEquipment 2025-07-31 04468620 core:AfterOneYear 2025-07-31 04468620 core:AfterOneYear 2024-07-31 04468620 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 04468620 (England and Wales)
COMP ROOM MEDIA LTD Unaudited accounts for the year ended 31 July 2025
COMP ROOM MEDIA LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
COMP ROOM MEDIA LTD Company Information for the year ended 31 July 2025
Director
V Riccardi
Company Number
04468620 (England and Wales)
Registered Office
155 ARMSTRONGS FIELDS BROUGHTON AYLESBURY HP22 7BX ENGLAND
Accountants
Everything Figures Ltd 155 Armstrongs Fields Broughton Aylesbury Buckinghamshire HP22 7BX
- 3 -
COMP ROOM MEDIA LTD Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,611
-
Current assets
Debtors
5
16,972
3,963
Cash at bank and in hand
44,959
58,456
61,931
62,419
Creditors: amounts falling due within one year
6
(9,998)
(3,431)
Net current assets
51,933
58,988
Net assets
53,544
58,988
Capital and reserves
Called up share capital
101
101
Profit and loss account
53,443
58,887
Shareholders' funds
53,544
58,988
For the year ending 31 July 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 August 2025 and were signed on its behalf by
V Riccardi Director Company Registration No. 04468620
- 4 -
COMP ROOM MEDIA LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
COMP ROOM MEDIA LTD is a private company, limited by shares, registered in England and Wales, registration number 04468620. The registered office is 155 ARMSTRONGS FIELDS, BROUGHTON, AYLESBURY, HP22 7BX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on Cost
Computer equipment
33% SL
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
COMP ROOM MEDIA LTD Notes to the Accounts for the year ended 31 July 2025
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
31,770
35,149
66,919
Additions
-
2,416
2,416
At 31 July 2025
31,770
37,565
69,335
Depreciation
At 1 August 2024
31,770
35,149
66,919
Charge for the year
-
805
805
At 31 July 2025
31,770
35,954
67,724
Net book value
At 31 July 2025
-
1,611
1,611
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
16,972
3,259
Amounts falling due after more than one year
Other debtors
-
704
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
2,240
2,490
Trade creditors
2,614
840
Taxes and social security
2,873
43
Other creditors
190
-
Loans from directors
2,081
-
Accruals
-
58
9,998
3,431
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -