Company Registration No. 03313086 (England and Wales)
Thread Media Limited
Unaudited Accounts
for the year ended 31 December 2024
Thread Media Limited
Unaudited Accounts
Contents
Thread Media Limited
Company Information
for the year ended 31 December 2024
Director
Justin James Verderber
Company Number
03313086 (England and Wales)
Registered Office
5 Thomas Churchyard Close
Melton
Woodbridge
Suffolk
IP12 1TL
Accountants
Regal Accountants Limited
Suite 110, Legacy Centre
Hampton Road West
Feltham
Middlesex
TW13 6DH
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Thread Media Limited
for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Thread Media Limited for the year ended
31 December 2024 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Regal Accountants Limited
Chartered Certified Accountants
Suite 110, Legacy Centre
Hampton Road West
Feltham
Middlesex
TW13 6DH
10 September 2025
Thread Media Limited
Statement of financial position
as at 31 December 2024
Tangible assets
24,700
22,843
Cash at bank and in hand
28,516
24,958
Creditors: amounts falling due within one year
(22,405)
(92,247)
Net current assets
138,111
77,143
Called up share capital
200
200
Profit and loss account
162,611
99,786
Shareholders' funds
162,811
99,986
For the 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. 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 10 September 2025 and were signed on its behalf by
Justin James Verderber
Director
Company Registration No. 03313086
Thread Media Limited
Notes to the Accounts
for the year ended 31 December 2024
Thread Media Limited is a private company, limited by shares, registered in England and Wales, registration number 03313086. The registered office is 5 Thomas Churchyard Close, Melton, Woodbridge, Suffolk, IP12 1TL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
1,897
8,507
97,016
107,420
Additions
5,833
-
3,942
9,775
At 31 December 2024
7,730
8,507
100,958
117,195
At 1 January 2024
(474)
6,811
78,240
84,577
Charge for the year
1,814
424
5,680
7,918
At 31 December 2024
1,340
7,235
83,920
92,495
At 31 December 2024
6,390
1,272
17,038
24,700
At 31 December 2023
2,371
1,696
18,776
22,843
Thread Media Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Other debtors
132,000
139,500
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
301
1,399
Other creditors
(2,115)
68,187
Loans from directors
25,000
18,000
7
Transactions with related parties
The company was under the control of Mr Justin Verderber and Ms Cheryl McNay throughout the current period.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).