Products Of Change Media Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12564033

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		9,792		13,054
Tangible Assets	5		3,511		2,182

			13,303		15,236
CURRENT ASSETS
Debtors	6	72,208		48,521
Cash at bank and in hand		119,612		115,617

		191,820		164,138
Creditors: Amounts Falling Due Within One Year	7	(217,985 )		(246,585 )

NET CURRENT ASSETS (LIABILITIES)			(26,165 )		(82,447 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(12,862 )		(67,211 )

NET LIABILITIES			(12,862 )		(67,211 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(12,962 )		(67,311 )

SHAREHOLDERS' FUNDS			(12,862)		(67,211)

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Products Of Change Media Ltd

Balance Sheet (continued)

As At 31 December 2024

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Helena Stopher

Director

25/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Products Of Change Media Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12564033 . The registered office is 42 Dukes Mead, Fleet, GU51 4HE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are website development costs. It is amortised to profit and loss account over its estimated economic life of 5 years. The ongoing cost of maintenance of the website has been written off to the P&L as incurred.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

4 years straight line

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

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Products Of Change Media Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	16,317
Additions	2

As at 31 December 2024	16,319

Amortisation
As at 1 January 2024	3,263
Provided during the period	3,264

As at 31 December 2024	6,527

Net Book Value
As at 31 December 2024	9,792

As at 1 January 2024	13,054

5. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 January 2024	3,289
Additions	1,329

As at 31 December 2024	4,618

Depreciation
As at 1 January 2024	1,107

As at 31 December 2024	1,107

Net Book Value
As at 31 December 2024	3,511

As at 1 January 2024	2,182

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	69,237	44,348
Amounts recoverable on contracts	1,020	-
Prepayments and accrued income	1,950	3,375
Net wages	1	798

	72,208	48,521

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Products Of Change Media Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	67,649	58,272
Other loans	3,091	15,016
Other taxes and social security	483	2,320
VAT	4,702	12,886
Other creditors	31,867	24,747
Accruals and deferred income	110,193	132,004
Directors' loan accounts	-	1,340

	217,985	246,585

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

At the 31.12.24, a loan of £3,091 (2023: £15,091) had been made to the business by Max Media Ventures Limited, a business owned and controlled by Miss Jacqueline Brown, Mr Ian Hyder, Mr Warren Lomax and Mr Robert Willis.

£11050 to Max Publishing Ltd and £9,135 to Max Live Events Ltd, companies owned and controlled by Miss Jacqueline Brown, Mr Ian Hyder, Mr Warren Lomax and Mr Robert Willis. £3,600 was received from Max Publishing Ltd. These services were provided on an arms length basis.

£80,990 (2023: £74,000) was paid in the year to Products of Change Ltd for services provided. These services were provided on an arms length basis. Products of Change Ltd is controlled by Mrs Helena Stopher.

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