REGISTERED NUMBER: 07736093 (England and Wales)

Unaudited Financial Statements

for the Period 1 September 2023 to 31 December 2024

for

Koru Media Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P A Kayani

SECRETARY:

J Robins

REGISTERED OFFICE:

15a London Road

Maidstone

Kent

ME16 8LY

REGISTERED NUMBER:

07736093 (England and Wales)

ACCOUNTANTS:

P. D. Groves Ltd

34 Brisbane Way

Wimblebury

Cannock

Staffordshire

WS12 2GR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,124

527

1,124

527

CURRENT ASSETS

Debtors

6

116,167

132,683

Cash at bank and in hand

5,614

52,028

121,781

184,711

CREDITORS

Amounts falling due within one year

7

164,289

199,036

NET CURRENT LIABILITIES

(42,508

)

(14,325

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(41,384

)

(13,798

)

CREDITORS

Amounts falling due after more than one year

8

1,759

8,426

NET LIABILITIES

(43,143

)

(22,224

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(43,243

)

(22,324

)

SHAREHOLDERS' FUNDS

(43,143

)

(22,224

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2025 and were signed by:

P A Kayani - Director

1.	STATUTORY INFORMATION

Koru Media Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amounts paid in connection with the acquisition of two businesses in 2011 and 2013, are being amortised evenly over their estimated useful lives of five years each.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financing of debts

Financed debtors represents invoices accepted, without recourse, by the financing company less payments received in respect of those invoices.

The financing creditor represents amounts paid to the company by the financier, plus the financing charges less amounts received in respect of the financed invoices.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 11 (2023 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 September 2023

and 31 December 2024

13,345

13,425

26,770

AMORTISATION

At 1 September 2023

and 31 December 2024

13,345

13,425

26,770

NET BOOK VALUE

At 31 December 2024

-

-

-

At 31 August 2023

-

-

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2023

23,758

Additions

2,333

At 31 December 2024

26,091

DEPRECIATION

At 1 September 2023

23,231

Charge for period

1,736

At 31 December 2024

24,967

NET BOOK VALUE

At 31 December 2024

1,124

At 31 August 2023

527

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

82,009

94,610

Other debtors

34,158

38,073

116,167

132,683

Included within trade debtors are debts subject to a financing arrangement of £75,296 (2023 - £88,071).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

5,324

5,324

Trade creditors

50,973

76,840

Taxation and social security

38,380

30,132

Other creditors

69,612

86,740

164,289

199,036

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

1,759

8,426

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

5,000

5,000

Between one and five years

1,247

625

6,247

5,625

10.	ULTIMATE CONTROLLING PARTY

The controlling party is P A Kayani.