Company registration number 11590252 (England and Wales)
E10NEX OUTDOOR MEDIA LIMITED
PREVIOUSLY KNOWN AS ELONEX OUTDOOR MEDIA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
E10NEX OUTDOOR MEDIA LIMITED
PREVIOUSLY KNOWN AS ELONEX OUTDOOR MEDIA LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
E10NEX OUTDOOR MEDIA LIMITED
PREVIOUSLY KNOWN AS ELONEX OUTDOOR MEDIA LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
127,704
58,837
Cash at bank and in hand
706
742
128,410
59,579
Creditors: amounts falling due within one year
4
(193,450)
(103,679)
Net current liabilities
(65,040)
(44,100)
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
(65,140)
(44,200)
Total equity
(65,040)
(44,100)

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 12 September 2025 and are signed on its behalf by:
Mr D Wright
Director
Company registration number 11590252 (England and Wales)
E10NEX OUTDOOR MEDIA LIMITED
PREVIOUSLY KNOWN AS ELONEX OUTDOOR MEDIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

E10nex Outdoor Media Limited is a private company limited by shares incorporated in England and Wales. The registered office is C/O HCR Legal, Cornerblock 2 Cornwall Street, Birmingham, B3 2DX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements are prepared on a going concern basis.true

In our capacity as directors, we are required to consider the company’s going concern status on an ongoing basis and at the time we approve and sign off our financial statements, considering a period of no less than 12 months from the date of approval.

As part of this assessment, the directors have considered that a going concern basis is appropriate for these accounts.

We are therefore satisfied that we have made appropriate enquiries, considered all the available information and assessed the company’s current and future trading situation in the going concern assessment. As a result, in our capacity as directors, we have at the time of signing the financial statements have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and accordingly have continued to adopt the going concern basis in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

E10NEX OUTDOOR MEDIA LIMITED
PREVIOUSLY KNOWN AS ELONEX OUTDOOR MEDIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
126,165
18,259
Other debtors
1,539
40,578
127,704
58,837
4
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
17,784
52,229
Amounts owed to group undertakings
-
0
48,877
Taxation and social security
-
0
1,523
Other creditors
175,666
1,050
193,450
103,679
E10NEX OUTDOOR MEDIA LIMITED
PREVIOUSLY KNOWN AS ELONEX OUTDOOR MEDIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
80
80
80
80
Ordinary A shares of £1 each
20
20
20
20
100
100
100
100

The rights attached to each category of shares can be found in the company's A rticles of A ssociation.

6
Related party transactions

The company has several related parties by virtue of common directorships and control.

At 31 December 2024, included in debtors is an amount of £126,165 (2023 - £18,259) due from group companies and included within creditors is an amount of £Nil (2023 - £48,877) due to group companies.

7
Parent company

Group X Media Limited, a company incorporated in England and Wales, is the ultimate parent company which is controlled by Mr N Smith by virtue of his shareholding in Group X Media Limited.

2024-12-31 2024-01-01 false false false 12 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr S C A Smith Mr D Wright 2025-09-12 11590252 2024-01-01 2024-12-31 11590252 2024-12-31 11590252 2023-12-31 11590252 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 11590252 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 11590252 core:CurrentFinancialInstruments 2024-12-31 11590252 core:CurrentFinancialInstruments 2023-12-31 11590252 core:ShareCapital 2024-12-31 11590252 core:ShareCapital 2023-12-31 11590252 core:RetainedEarningsAccumulatedLosses 2024-12-31 11590252 core:RetainedEarningsAccumulatedLosses 2023-12-31 11590252 core:ShareCapitalOrdinaryShareClass1 2024-12-31 11590252 core:ShareCapitalOrdinaryShareClass1 2023-12-31 11590252 core:ShareCapitalOrdinaryShareClass2 2024-12-31 11590252 core:ShareCapitalOrdinaryShareClass2 2023-12-31 11590252 core:ShareCapitalOrdinaryShares 2024-12-31 11590252 core:ShareCapitalOrdinaryShares 2023-12-31 11590252 bus:Director2 2024-01-01 2024-12-31 11590252 2023-01-01 2023-12-31 11590252 core:WithinOneYear 2024-12-31 11590252 core:WithinOneYear 2023-12-31 11590252 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 11590252 bus:OrdinaryShareClass2 2024-01-01 2024-12-31 11590252 bus:OrdinaryShareClass1 2024-12-31 11590252 bus:OrdinaryShareClass1 2023-12-31 11590252 bus:OrdinaryShareClass2 2024-12-31 11590252 bus:OrdinaryShareClass2 2023-12-31 11590252 bus:AllOrdinaryShares 2024-12-31 11590252 bus:AllOrdinaryShares 2023-12-31 11590252 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11590252 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11590252 bus:FRS102 2024-01-01 2024-12-31 11590252 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11590252 bus:Director1 2024-01-01 2024-12-31 11590252 bus:FullAccounts 2024-01-01 2024-12-31 xbrli:pure xbrli:shares iso4217:GBP