ACCOUNTS - Final Accounts

Registered number: 08276197

LEADENHALL MEDIA LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

LEADENHALL MEDIA LIMITED

Company Information

Directors	M Klein
	M W Wright


Registered number	08276197


Registered office	3rd Floor
	12 Gough Square
	London
	EC4A 3DW

LEADENHALL MEDIA LIMITED

Registered number: 08276197

Balance sheet

As at 31 December 2024

		2024		2023
Note		£		£

Fixed assets
Investments	5		1,762		939
			1,762		939
Current assets
Debtors: amounts falling due within one year	6	2,310,002		2,353,502
Cash at bank and in hand		11,845		13,685
		2,321,847		2,367,187
Creditors: amounts falling due within one year	7	(126,834)		(151,700)
Net current assets			2,195,013		2,215,487
Total assets less current liabilities			2,196,775		2,216,426
Net assets			2,196,775		2,216,426

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		2,196,675	2,216,326
		2,196,775	2,216,426

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements 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 Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 August 2025.

M W Wright

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

LEADENHALL MEDIA LIMITED

Notes to the financial statements

For the Year Ended 31 December 2024

1.	General information

Leadenhall Media Limited is a private company limited by share capital, incorporated in England and Wales, registration number 08276197. The address of the registered office is 3rd Floor, 12 Gough Square, London, EC4A 3DW.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2

LEADENHALL MEDIA LIMITED

Notes to the financial statements

For the Year Ended 31 December 2024

2.Accounting policies (continued)

2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Amortisation is provided on the following bases:

Website development and domain names

20%

straight line

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 3

LEADENHALL MEDIA LIMITED

Notes to the financial statements

For the Year Ended 31 December 2024

4.	Intangible assets

		Website development and domains
		£
	Cost
	At 1 January 2024	12,000
	At 31 December 2024	12,000
	Amortisation
	At 1 January 2024	12,000
	At 31 December 2024	12,000
	Net book value
	At 31 December 2024	-
	At 31 December 2023	-

5.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2024	939
	Additions	823
	At 31 December 2024	1,762

	Net book value
	At 31 December 2024	1,762
	At 31 December 2023	939

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LEADENHALL MEDIA LIMITED

Notes to the financial statements

For the Year Ended 31 December 2024

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	2,302,878	2,352,563
Other debtors	7,124	939
	2,310,002	2,353,502

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	19,882	16,788
Amounts owed to group undertakings	101,752	93,175
Other taxation and social security	-	460
Other creditors	5,200	41,277
	126,834	151,700

8.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

100 (2023 - 100) Ordinary shares of £1.00 each	100	100

Related party transactions

The company has adopted the exemption permitted by paragraph 33.1A of FRS 102 and has not disclosed transactions with other group members, which are wholly owned subsidiaries.
Included within Other Creditors is a loan totalling £nil (2023: £26,627) owed to a company under common control. This loan is interest free and repayable on demand.
Included within Other Debtors are loans totalling £6,185 (2023: £nil) owed by subsidiary companies. These loans are interest free and repayable on demand.

Page 5