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Company Registration No. 10923383 (England and Wales)
Kit Media Ltd Unaudited accounts for the year ended 31 December 2024
Kit Media Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Kit Media Ltd Company Information for the year ended 31 December 2024
Directors
Aaron John Parsons Kirsten Parsons
Company Number
10923383 (England and Wales)
Registered Office
228 Wayfield Road Chatham Kent ME5 0JB ME5 0JB ENGLAND
Accountants
Blue Sky Accountants Limited Innovation Centre Medway Maidstone Road Chatham Kent ME5 9FD
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Kit Media Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
30,680 
40,863 
Current assets
Debtors
5
53,808 
82,479 
Cash at bank and in hand
- 
25,773 
53,808 
108,252 
Creditors: amounts falling due within one year
6
(38,410)
(83,040)
Net current assets
15,398 
25,212 
Total assets less current liabilities
46,078 
66,075 
Creditors: amounts falling due after more than one year
7
(31,485)
(51,476)
Net assets
14,593 
14,599 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
14,583 
14,589 
Shareholders' funds
14,593 
14,599 
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 directors acknowledge their 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 of Directors and authorised for issue on 8 September 2025 and were signed on its behalf by
Aaron John Parsons Director Company Registration No. 10923383
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Kit Media Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Kit Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 10923383. The registered office is 228 Wayfield Road , Chatham , Kent ME5 0JB, ME5 0JB, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
16,235 
82,915 
176 
6,752 
106,078 
At 31 December 2024
16,235 
82,915 
176 
6,752 
106,078 
Depreciation
At 1 January 2024
10,391 
50,518 
44 
4,262 
65,215 
Charge for the year
1,461 
8,099 
- 
623 
10,183 
At 31 December 2024
11,852 
58,617 
44 
4,885 
75,398 
Net book value
At 31 December 2024
4,383 
24,298 
132 
1,867 
30,680 
At 31 December 2023
5,844 
32,397 
132 
2,490 
40,863 
- 5 -
Kit Media Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
37,552 
66,254 
Other debtors
16,256 
16,225 
53,808 
82,479 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
28,421 
9,170 
VAT
(7,014)
21,249 
Obligations under finance leases and hire purchase contracts
7,881 
- 
Other creditors
9,122 
52,621 
38,410 
83,040 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,883 
26,642 
Obligations under finance leases and hire purchase contracts
16,602 
24,834 
31,485 
51,476 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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