Abu Media (NI) Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: NI054090

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Cash at bank and in hand		746		746

		746		746
Creditors: Amounts Falling Due Within One Year	5	(9,787 )		(9,487 )

NET CURRENT ASSETS (LIABILITIES)			(9,041 )		(8,741 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(9,041 )		(8,741 )

Creditors: Amounts Falling Due After More Than One Year	6		(397,021 )		(397,021 )

NET LIABILITIES			(406,062 )		(405,762 )

CAPITAL AND RESERVES
Called up share capital	7		3		3
Profit and Loss Account			(406,065 )		(405,765 )

SHAREHOLDERS' FUNDS			(406,062)		(405,762)

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

PIERCE BOYCE

Director

30/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Abu Media (NI) Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI054090 . The registered office is C/O WHR Accountants Ltd, 56 English Street, Armagh, Co. Armagh, BT61 7LG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	Fully Depreciated
Fixtures & Fittings	Fully Depreciated

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2024	7,500	1,075	8,575

As at 31 December 2024	7,500	1,075	8,575

Depreciation
As at 1 January 2024	7,500	1,075	8,575

As at 31 December 2024	7,500	1,075	8,575

Net Book Value
As at 31 December 2024	-	-	-

As at 1 January 2024	-	-	-

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	2,400	2,400
Abu Media Teoranta	6,287	6,287
Other creditors	1,100	800

	9,787	9,487

6. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other loans	397,021	397,021

The loan received from the Northern Ireland Film and Television Commission(NIFTC) is repayable only when Abu Media (NI) Ltd receive revenues from the distribution of the film made. The NIFTC shall in accordance with the contract with Abu Media (NI) Ltd be entitled to 25% of distribution revenues.

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Abu Media (NI) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	3	3

8. Contingent Liabilities

The loan provided by the Northern Ireland Film and Television Commission(NIFTC) is payable only when Abu Media (NI) Ltd receives royalties from the film production which they made as detailed in Creditors Note shown above.

9. Related Party Transactions

Abu Media Teoranta is a company registered in the South of Ireland and is related in so far as both companies share the same directors.. The amount due to Abu Media Teo at the 31 December 2024 was £6,287(2023-:£6,287)