REGISTERED NUMBER: 02580674 (England and Wales)

Financial Statements for the Year Ended 31st December 2024

for

IDS MEDIA UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

E C Pickering

Drs P J C Smulders

REGISTERED OFFICE:

3 Mill Court

The Sawmills

Durley

Southampton

Hampshire

SO32 2EJ

REGISTERED NUMBER:

02580674 (England and Wales)

AUDITORS:

Graham Martin & Co

Statutory Auditors & Accountants

89 Leigh Road

Eastleigh

Hampshire

SO50 9DQ

FIXED ASSETS

Tangible assets

4

135,547

331,031

CURRENT ASSETS

Stocks

-

23,589

Debtors

5

405,215

297,406

Cash at bank and in hand

310,626

334,024

715,841

655,019

CREDITORS

Amounts falling due within one year

6

157,417

231,103

NET CURRENT ASSETS

558,424

423,916

TOTAL ASSETS LESS CURRENT LIABILITIES

693,971

754,947

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

693,871

754,847

SHAREHOLDERS' FUNDS

693,971

754,947

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th September 2025 and were signed on its behalf by:

E C Pickering - Director

1.	STATUTORY INFORMATION

IDS Media UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers. Revenue is recognised at the time the service is provided. Revenue for incomplete or partially completed projects is recognised only for cycles completed within the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2023 - 44 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

and 31st December 2024

1,516,362

DEPRECIATION

At 1st January 2024

1,185,331

Charge for year

195,484

At 31st December 2024

1,380,815

NET BOOK VALUE

At 31st December 2024

135,547

At 31st December 2023

331,031

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

363,125

267,399

Other debtors

42,090

30,007

405,215

297,406

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

24,924

48,703

Taxation and social security

82,128

74,495

Other creditors

50,365

107,905

157,417

231,103

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Duncan Jefferies FCCA (Senior Statutory Auditor)

for and on behalf of Graham Martin & Co

8.	RELATED PARTY DISCLOSURES

During the year the company entered into the following transactions with related parties:-

Mr E. Pickering - Director of the company

The company paid office rent, service charges and insurance costs of £28,238 (2023: £30,492) to a company indirectly controlled by Mr E. Pickering.

CMS Cloud Management Services B.V. - Group company

Fees for IT services amounting to £11,190 (2023: £22,332) were charged to IDS Media UK Limited.

PJC Management Nederland B.V. - Group company

Allocation director's office expenses 2023 £12,606 (2023: £12,772).

Consulting fees 2024 £25,000 as per GM 23/12/2022, (2023: £25,000).

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Drs P J C Smulders.

The ultimate holding company is PJC Management (Nederland) B.V., which owns 80% of the company's issued share capital. This company is registered in The Netherlands and 99.7% of its share capital is held by Drs P.J.C. Smulders.