REGISTERED NUMBER: 10398059 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

SOCIAL MEDIA DIRECTIONS LTD

Page

Balance Sheet

1

FIXED ASSETS

621

663

CURRENT ASSETS

46,733

68,591

CREDITORS

Amounts falling due within one year

(116,190

)

(100,780

)

NET CURRENT LIABILITIES

(69,457

)

(32,189

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(68,836

)

(31,526

)

CREDITORS

Amounts falling due after more than one year

(198,844

)

(112,451

)

NET LIABILITIES

(267,680

)

(143,977

)

CAPITAL AND RESERVES

(267,680

)

(143,977

)

NOTES TO THE FINANCIAL STATEMENTS

1.	BUSINESS REVIEW

During the year the company continued to work on its bespoke social media platform and succeeded in producing a trial test platform, which uses complex algorithms and artificial Intelligence.This project is ongoing.

Although the company is technically insolvent at the year end it continues to develop its unique intellectual property with the support of its shareholders. The shareholders include a large Indian corporation specialising in software development.

The directors believe that the value of the intellectual property is considerable and have sufficient funds to meet obligations for the foreseeable future.

2.	OTHER CREDITORS

During the year ended 30 September 2025, the company converted £82576.68 of outstanding trade creditor balances into equity by issuing 1068 ordinary A class shares at a nominal value of £0.01 each to the creditors. This transaction reduced the trade creditors balance by £82576.68 and increased the share capital by £82576.68.

3.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 5 (2023 - 6 ) .

4.	GOING CONCERN

The financial statements have been prepared on a going concern basis which assumes the Company will be able to realise its assets and discharge its liabilities in the normal course of business for the foreseeable future.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

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

Mr A Tasi - Director