REGISTERED NUMBER: 15437184 (England and Wales)

Unaudited Financial Statements

for the period

23 January 2024 to 31 December 2024

for

Racoon Media Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J R Edney

Ms C Layton

D J Klafkowski

D J Logsdon

REGISTERED OFFICE:

Suite 1, First Floor

Coachworks Arcade

Northgate Street

Chester

Cheshire

CH1 2EY

REGISTERED NUMBER:

15437184 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

Chartered Accountants

Suite 1, First Floor

Coachworks Arcade

Northgate Street

Chester

Cheshire

CH1 2EY

FIXED ASSETS

Tangible assets

4

24,938

CURRENT ASSETS

Debtors

5

689,084

Cash at bank

93,811

782,895

CREDITORS

Amounts falling due within one year

6

(494,691

)

NET CURRENT ASSETS

288,204

TOTAL ASSETS LESS CURRENT LIABILITIES

313,142

CAPITAL AND RESERVES

Called up share capital

10

Retained earnings

313,132

313,142

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

J R Edney - Director

1.	STATUTORY INFORMATION

Racoon Media Services Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

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 period was 6 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

Additions

25,801

404

26,205

At 31 December 2024

25,801

404

26,205

DEPRECIATION

Charge for period

1,250

17

1,267

At 31 December 2024

1,250

17

1,267

NET BOOK VALUE

At 31 December 2024

24,551

387

24,938

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

335,380

Other debtors

353,704

689,084

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

130,556

Taxation and social security

229,447

Other creditors

134,688

494,691

7.	RELATED PARTY DISCLOSURES

Included in other debtors is £78,919 due from Tanooki Technologies Ltd. No interest is chargeable on this balance and it is repayable on demand.

The company was incorporated on 23 January 2024 but only commenced invoicing on 1 August 2024 when its trading activities were transferred from Tanooki Technologies Ltd. Post-production sales recognised up to the date of transfer amounted to £1,587,836.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Tanooki Technologies Limited, owning 100% of the issued share capital. On 11 June 2024 the subsidiary and its holding company undertook a name swap.