Registration number: 07989849

Oxis Media Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Oxis Media Limited

Company Information

Director

Mr Clive Richard Dickens

Registered office

37 Market Square Witney Oxfordshire OX28 6RE

Accountants

ReesRussell LLP Chartered Accountants37 Market Square Witney Oxfordshire OX28 6RE

Oxis Media Limited

(Registration number: 07989849)
Balance Sheet as at 30 September 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	7,511	22,427
Current assets
Debtors	5	-	323,189
Cash at bank and in hand		652	1,987
		652	325,176
Creditors: Amounts falling due within one year	6	(85,443)	(512,944)
Net current liabilities		(84,791)	(187,768)
Net liabilities		(77,280)	(165,341)
Capital and reserves
Called up share capital		1	1
Retained earnings		(77,281)	(165,342)
Shareholders' deficit		(77,280)	(165,341)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 September 2025
 

......................................... Mr Clive Richard Dickens Director

Oxis Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
37 Market Square
Witney
Oxfordshire
OX28 6RE

These financial statements were authorised for issue by the director on 24 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Basis of preparation and going concern

These financial statements have been prepared using the historical cost convention and on the equivalent of the going concern basis notwithstanding that the balance sheet shows negative net worth at the year end.

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Trademarks	Over 10 years
Domains	25% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Oxis Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 5).

Oxis Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4	Intangible assets

	Trademarks, patents and licenses  £	Domains £	Total £
Cost or valuation
At 1 October 2023	149,153	2,500	151,653
At 30 September 2024	149,153	2,500	151,653
Amortisation
At 1 October 2023	126,726	2,500	129,226
Amortisation charge	14,916	-	14,916
At 30 September 2024	141,642	2,500	144,142
Carrying amount
At 30 September 2024	7,511	-	7,511
At 30 September 2023	22,427	-	22,427

5

Debtors

Current	Note	2024 £	2023 £
Amounts owed by related parties		-	323,189
		-	323,189

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	15,945	15,945
Accruals and deferred income	1,500	454,000
Other creditors	67,998	42,999
	85,443	512,944