| THE ENTERTAINER MEDIA LTD |
| Registered number: |
08489447 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
- |
|
|
772 |
|
| Current assets |
| Debtors |
5 |
|
66 |
|
|
536,834 |
| Cash at bank and in hand |
|
|
11,929 |
|
|
1,333 |
|
|
|
11,995 |
|
|
538,167 |
|
| Creditors: amounts falling due within one year |
6 |
|
(5,231,443) |
|
|
(5,840,783) |
|
| Net current liabilities |
|
|
|
(5,219,448) |
|
|
(5,302,616) |
|
| Net liabilities |
|
|
|
(5,219,448) |
|
|
(5,301,844) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(5,219,449) |
|
|
(5,301,845) |
|
| Shareholder's funds |
|
|
|
(5,219,448) |
|
|
(5,301,844) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Donna Louise Benton |
| Director |
| Approved by the board on 26 September 2025 |
|
| THE ENTERTAINER MEDIA LTD |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Revenue comprises the fair value of the consideration received or receivable mainly from providing / granting access of ‘Entertainer app’ and rendering of related services to the customers in the ordinary course of the Group’s activities.
Type of Revenue
|
|
Type of revenue |
Nature and timing of satisfaction of performance obligation |
Revenue recognition policies |
|
Sale and maintenance of customized mobile applications |
Providing access of customized Entertainer App for B2B customers over the contractual period and development / maintenance of mobile applications for third party customers. |
Revenue is recognised on a straight-line basis over the period of access granted to B2B customers of the customized ‘Entertainer App’.
Revenue from development of customized mobile applications for third party customers is recognised based on the terms and conditions agreed in the contract. Revenue from maintenance and support services is recognized ratably over the term of the contract. If the contracts with third party customers includes variable amount, then the Group estimates the amount of the consideration to which it will be entitled in exchange of transferring the services. |
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Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Assets |
Life (Years) |
|
Office and IT equipments |
4 |
|
Fixtures, fittings, tools and equipment |
4 |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
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Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. All differences are charged to profit or loss. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
2 |
|
|
|
|
|
|
|
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| 3 |
Intangible fixed assets |
£ |
|
Trademarks: |
|
|
Cost |
|
At 1 January 2024 |
807 |
|
Disposals |
(807) |
|
At 31 December 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 January 2024 |
35 |
|
On disposals |
(35) |
|
At 31 December 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
- |
|
At 31 December 2023 |
772 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years. |
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
Office and IT equipments |
|
Fixtures, fittings and equipment |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 January 2024 |
5,892 |
|
526 |
|
6,418 |
|
At 31 December 2024 |
5,892 |
|
526 |
|
6,418 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2024 |
5,892 |
|
526 |
|
6,418 |
|
At 31 December 2024 |
5,892 |
|
526 |
|
6,418 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
- |
|
- |
|
- |
|
|
| 5 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
- |
|
536,750 |
|
Other debtors |
66 |
|
84 |
|
|
|
|
|
|
66 |
|
536,834 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade creditors |
467 |
|
384 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
4,874,404 |
|
5,288,016 |
|
Taxation and social security costs |
- |
|
93,659 |
|
Pension cost |
- |
|
238 |
|
Deferred income |
349,874 |
|
447,549 |
|
Accruals / Provision Others |
5,887 |
|
10,126 |
|
Other creditors |
811 |
|
811 |
|
|
|
|
|
|
5,231,443 |
|
5,840,783 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Controlling party |
|
|
The Entertainer FZ LLC is owned by Date Holdings Ltd and incorporated in United Arab Emirates. Its registered office is: |
|
Landmark Group Tower |
|
9th Floor |
|
PO Box 502202 |
|
Dubai, |
|
United Arab Emirates |
|
|
| 8 |
Other information |
|
|
THE ENTERTAINER MEDIA LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
5th Floor |
|
22 Eastcheap |
|
London |
|
England |
|
EC3M 1EU |