REGISTERED NUMBER: 06970673 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

MEDIA MINDS GLOBAL LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

R L Read

SECRETARY:

Mrs J E Skeens-Read

REGISTERED OFFICE:

1st Floor, Oak House

39-41 The Parade

Claygate

Surrey

KT10 0PD

REGISTERED NUMBER:

06970673 (England and Wales)

ACCOUNTANTS:

BDA Associates Limited

Chartered Accountants

Global House

1 Ashley Avenue

Epsom

Surrey

KT18 5AD

FIXED ASSETS

Tangible assets

4

6,194

11,711

CURRENT ASSETS

Debtors

5

569,329

913,164

Cash at bank

274,720

482,412

844,049

1,395,576

CREDITORS

Amounts falling due within one year

6

680,293

1,121,761

NET CURRENT ASSETS

163,756

273,815

TOTAL ASSETS LESS CURRENT LIABILITIES

169,950

285,526

CREDITORS

Amounts falling due after more than one year

7

(1,588

)

(12,678

)

PROVISIONS FOR LIABILITIES

(1,177

)

(2,928

)

NET ASSETS

167,185

269,920

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

166,185

268,920

SHAREHOLDERS' FUNDS

167,185

269,920

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2025 and were signed by:

R L Read - Director

1.	STATUTORY INFORMATION

Media Minds Global 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.

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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33.33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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 year was 11 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

44,121

8,564

52,685

Additions

417

-

417

At 31 March 2025

44,538

8,564

53,102

DEPRECIATION

At 1 April 2024

32,410

8,564

40,974

Charge for year

5,934

-

5,934

At 31 March 2025

38,344

8,564

46,908

NET BOOK VALUE

At 31 March 2025

6,194

-

6,194

At 31 March 2024

11,711

-

11,711

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

505,505

819,342

Other debtors

63,824

93,822

569,329

913,164

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,648

10,648

Trade creditors

268,588

325,055

Taxation and social security

29,915

80,181

Other creditors

371,142

705,877

680,293

1,121,761

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,588

12,678

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000