Company No: 04131640 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

J B N Hay

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

04131640 (England and Wales)

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	2,003		0
		2,003		0
Current assets
Debtors	4	272,930		581,965
Cash at bank and in hand		1,035,134		783,099
		1,308,064		1,365,064
Creditors: amounts falling due within one year	5	( 647,153)		( 673,407)
Net current assets		660,911		691,657
Total assets less current liabilities		662,914		691,657
Provision for liabilities	6	( 381)		0
Net assets		662,533		691,657
Capital and reserves
Called-up share capital		106		106
Profit and loss account		662,427		691,551
Total shareholders' funds		662,533		691,657

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

Director's responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of iMediasport Limited (registered number: 04131640) were approved and authorised for issue by the Director on 14 September 2025. They were signed on its behalf by:

J B N Hay Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
22 Chancery Lane
London
WC2A 1LS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention. The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the provision of services to customers. Income is recognised when the services are provided.

Employee benefits

Defined contribution schemes
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Taxation

Current tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax
Deferred taxation is provided at current rates of taxation in respect of the excess of capital allowances over depreciation charged and other timing differences where it is considered likely that the potential liability will crystallise in the foreseeable future.

Tangible fixed assets

Tangible assets are stated at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Plant and machinery etc.

2 - 3 years straight line

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as above.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments.

Ordinary share capital

Ordinary shares are classified as equity.

Dividends

Interim dividend distributions to the company’s shareholders are recognised when paid. Final dividend distributions to the company's shareholders are recognised as a liability in the financial statements in the reporting period in which the dividends are approved.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the company during the year, including the director	4		4

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2024	66,768		66,768
Additions	4,006		4,006
At 31 December 2024	70,774		70,774
Accumulated depreciation
At 01 January 2024	66,768		66,768
Charge for the financial year	2,003		2,003
At 31 December 2024	68,771		68,771
Net book value
At 31 December 2024	2,003		2,003
At 31 December 2023	0		0

4. Debtors

	2024		2023
	£		£
Trade debtors	0		298,772
Other debtors	272,930		283,193
	272,930		581,965

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	163,203		119,603
Taxation and social security	12,916		5,855
Other creditors	471,034		547,949
	647,153		673,407

6. Provision for liabilities

	2024		2023
	£		£
Deferred tax	381		0

The deferred tax provision arises from future tax payable in respect of capital allowances claimed in excess of depreciation.