Company Registration No. NI605801 (Northern Ireland)
CGF MEDIA LTD
Unaudited accounts
for the year ended 31 January 2025
CGF MEDIA LTD
Statement of financial position
as at 31 January 2025
Tangible assets
2,837
4,084
Cash at bank and in hand
18,029
17,408
Creditors: amounts falling due within one year
(10,461)
(17,134)
Net current assets
24,006
13,274
Total assets less current liabilities
26,843
17,358
Creditors: amounts falling due after more than one year
(1,269)
(3,758)
Called up share capital
2
2
Profit and loss account
25,572
13,598
Shareholders' funds
25,574
13,600
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 October 2025 and were signed on its behalf by
Chris George Fox
Director
Company Registration No. NI605801
CGF MEDIA LTD
Notes to the Accounts
for the year ended 31 January 2025
CGF MEDIA LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI605801. The registered office is Unit 2 , 21 Old Channel Road, Belfast, BT3 9DE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The director believes that CGF Media Ltd has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes . Turnover from the rendering of digital media and consultancy services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight line
CGF MEDIA LTD
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,490
2,429
Taxes and social security
6,596
13,355
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
1 A Ordinary shares of £1 each
1
1
1 B Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).