REGISTERED NUMBER: 10162296 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Wild Blue Media Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Hunter

REGISTERED OFFICE:

10 Glendarvon Street

London

SW15 1JS

REGISTERED NUMBER:

10162296 (England and Wales)

ACCOUNTANTS:

We`ll Mind Your Own Business LTD

39 Long Acre

London

WC2E 9LG

FIXED ASSETS

Tangible assets

4

2,796

5,155

CURRENT ASSETS

Debtors

5

218,907

218,873

Cash at bank and in hand

31,660

48,693

250,567

267,566

CREDITORS

Amounts falling due within one year

6

308,675

309,225

NET CURRENT LIABILITIES

(58,108

)

(41,659

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(55,312

)

(36,504

)

CREDITORS

Amounts falling due after more than one year

7

507,986

518,635

NET LIABILITIES

(563,298

)

(555,139

)

CAPITAL AND RESERVES

Called up share capital

200

200

Share premium

9

499,950

499,950

Retained earnings

9

(1,063,448

)

(1,055,289

)

SHAREHOLDERS' FUNDS

(563,298

)

(555,139

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 October 2025 and were signed by:

G Hunter - Director

1.	STATUTORY INFORMATION

Wild Blue Media Limited 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

Revenue is recognised to the extent it is probable that the economic benefits will flow to the Company and the revenue can be measured reliably. Production revenue recognised is determined by reference to production costs incurred to date as a percentage of total expected costs. Overspends are recognised as soon as they arise and anticipated underspends are recognised on the completion of the programme.

Tangible fixed assets

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

Office equipment

-

33% on cost

Camera equipment

-

33% on cost

Computer equipment

-

33% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 3 ).

4.	TANGIBLE FIXED ASSETS

Office

Camera

Computer

equipment

equipment

equipment

Totals

£

£

£

£

COST

At 1 January 2024

4,427

54,098

25,190

83,715

Additions

-

-

632

632

At 31 December 2024

4,427

54,098

25,822

84,347

DEPRECIATION

At 1 January 2024

3,376

53,922

21,262

78,560

Charge for year

799

176

2,016

2,991

At 31 December 2024

4,175

54,098

23,278

81,551

NET BOOK VALUE

At 31 December 2024

252

-

2,544

2,796

At 31 December 2023

1,051

176

3,928

5,155

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

187,817

187,817

Other debtors

242

-

VAT

300

44

Prepayments and accrued income

30,548

31,012

218,907

218,873

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 8)

10,648

10,648

Trade creditors

1,999

4,399

Directors' loan accounts

8,874

7,286

Deferred income

264,253

264,253

Accrued expenses

22,901

22,639

308,675

309,225

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

7,986

18,635

Amounts payable to related

parties

500,000

500,000

507,986

518,635

8.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank loans

10,648

10,648

9.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 January 2024

(1,055,289

)

499,950

(555,339

)

Deficit for the year

(8,159

)

(8,159

)

At 31 December 2024

(1,063,448

)

499,950

(563,498

)

10.	RELATED PARTY DISCLOSURES

During the period ended 31 December 2016, the company received an interest-free loan of £500,000 from a participating interest.

The loan is secured by a fixed and floating charge over the assets of the company.

The loan is recognised in the financial statements at its transaction value.

The carrying amount of the loan at 31 December 2024 is £500,000 (2023: £500,000). No interest has been charged or accrued during the year.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G Hunter.