MITHAQ MEDIA PRODUCTION LIMITED

Registered number

10998659

Unaudited Filleted Accounts

31 October 2024

MITHAQ MEDIA PRODUCTION LIMITED

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of MITHAQ MEDIA PRODUCTION LIMITED for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MITHAQ MEDIA PRODUCTION LIMITED for the year ended 31 October 2024 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.

Weber & Associates Limited
Chartered Accountants
5 St John's Lane
London
EC1M 4BH

29 September 2025

MITHAQ MEDIA PRODUCTION LIMITED
Registered number:		10998659
Balance Sheet
as at 31 October 2024

Notes			2024			2023
£				£
Current assets
Debtors	3	164,931			-
Cash at bank		107,736			1,256
		272,667			1,256

Creditors: amounts falling due within one year	4	(264,734)			-

Net current assets			7,933			1,256

Net assets			7,933			1,256

Capital and reserves
Called up share capital			1			1
Profit and loss account			7,932			1,255

Shareholder's funds			7,933			1,256

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.




Abdulla Ahmad A A Al-Hashmi
Director
Approved by the board on 29 September 2025

MITHAQ MEDIA PRODUCTION LIMITED
Notes to the Accounts
for the year ended 31 October 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).

	Comparative information
	The comparative information presented in these financial statements is limited to the balance sheet as filed at Companies House for the prior financial year. The company’s previous accountant and director, A. A. Khan, has died on 07 January 2025 and, despite reasonable efforts, it has not been possible to obtain the detailed accounting records required to present a full set of comparative figures in accordance with FRS 102. In preparing these financial statements, the director has therefore included all comparative information that was reasonably available and has complied with the disclosure requirements of FRS 102 to the extent practicable. The absence of detailed comparative information does not affect the current year’s figures or the company’s ability to continue as a going concern.

	Going concern
	The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For these reasons, he continues to adopt the going concern basis of accounting in preparing the financial statements.

	Turnover
	Revenue is measured at the fair value of the consideration receivable or received, excluding value added tax and trade discounts. Turnover arises from the provision of broadcasting services to a range of clients. Income from these services is recognised in the profit and loss account by reference to the stage of completion of the relevant contracts. The stage of completion is assessed by comparing the costs incurred to date with the total estimated costs required to fulfil each contract. This method reflects the proportion of services delivered during the reporting period.

	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.

	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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leases
	The company holds leases only for office premises, all of which are classified as operating leases. Payments made under operating leases are recognised as an expense in the profit and loss account on a straight-line basis over the lease term.


2	Employees	2024		2023
Number			Number

	Average number of persons employed by the company	1		1


3	Debtors	2024		2023
£			£

	Trade debtors	164,931		-


4	Creditors: amounts falling due within one year	2024		2023
£			£

	Trade creditors	139,739		-
	Amounts owed to group undertakings and undertakings in which the company has a participating interest	98,862		-
	Taxation and social security costs	1,588		-
	Other creditors	24,545		-
		264,734		-


5	Related party transactions

	The Company is a small entity and has adopted Section 1A of FRS 102. Accordingly, the Company discloses material related party transactions and outstanding balances, including the nature of the relationships and the terms of the balances. Year-end balances due to a related party: - Mithaq Media Production W.L.L. - £98,862. Unless stated otherwise, these balances are unsecured, interest-free and repayable on demand. No guarantees have been given or received in respect of these balances. No impairment has been recognised in relation to amounts due from related parties. Following sums were paid to A.A. Khan, the director who passed away on 07 January 2025: - Accountancy and taxation services - £20,000.


6	Controlling party

	Abdulla Al Hashmi controls the company, as a result of controlling, directly or indirectly, 100 per cent of the issued share capital of the company.


7	Other information

	MITHAQ MEDIA PRODUCTION LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Office 7
	35-37 Ludgate Hill
	London
	England
	EC4M 7JN