Registration number: 11577426

TMG Media Limited

Director's Report for the Year Ended 31 January 2025

The report and the abridged financial statements for the year ended 31 January 2025.

Director of the company

The director who held office during the year was as follows:

Stephen C Byrant

Principal activity

The principal activity of the company is Retail Sale

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 31 October 2025
 

......................................... Stephen C Byrant Director

TMG Media Limited

(Registration number: 11577426)
Abridged Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	5	37,472	37,472
Tangible assets	6	348,470	348,470
		385,942	385,942
Current assets
Stocks	7	15,000	15,000
Cash at bank and in hand		24,202	24,202
		39,202	39,202
Creditors: Amounts falling due within one year		(895,601)	(895,601)
Net current liabilities		(856,399)	(856,399)
Total assets less current liabilities		(470,457)	(470,457)
Provisions for liabilities		(66,209)	(66,209)
Accruals and deferred income		(3,429)	(3,429)
Net liabilities		(540,095)	(540,095)
Capital and reserves
Called up share capital	9	100	100
Retained earnings		(540,195)	(540,195)
Shareholders' deficit		(540,095)	(540,095)

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 31 October 2025
 

TMG Media Limited

(Registration number: 11577426)
Abridged Balance Sheet as at 31 January 2025

......................................... Stephen C Byrant Director

TMG Media Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 17 Stirlin Business Park
185 Sadler Road
Lincoln
Lincolnshire
LN6 3AF

These financial statements were authorised for issue by the director on 31 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

TMG Media Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% reducing balance
Hire inventory	4-10 years straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

TMG Media Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 4).

4	Profit/loss before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	-	76,248

TMG Media Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

5	Intangible assets

	Total £
Cost or valuation
At 1 February 2024	148,619
At 31 January 2025	148,619
Amortisation
At 1 February 2024	111,147
At 31 January 2025	111,147
Carrying amount
At 31 January 2025	37,472
At 31 January 2024	37,472

6	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 February 2024	450,833	450,833
At 31 January 2025	450,833	450,833
Depreciation
At 1 February 2024	102,363	102,363
At 31 January 2025	102,363	102,363
Carrying amount
At 31 January 2025	348,470	348,470
At 31 January 2024	348,470	348,470

7

Stocks

	2025 £	2024 £
Work in progress	15,000	15,000

TMG Media Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

8

Debtors

Debtors includes £Nil (2024 - £Nil) due after more than one year.

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

10	Related party transactions

Summary of transactions with associates

At the year end the company owed £763,361 (2024 - £763,361) to Thoughtmix Online Services Limited. The company also owed £69,900 (2024 - £69,900) to Umbrella Brands Group Ltd.
 

11	Parent and ultimate parent undertaking

The company's immediate parent is Umbrella Brands Limited, incorporated in England.