REGISTERED NUMBER: 06952811 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

KBA MEDIA LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

M N Ashmore

REGISTERED OFFICE:

Mancroft Towers

Waveney Hill

Oulton Broad

Lowestoft

Suffolk

NR32 3PS

REGISTERED NUMBER:

06952811 (England and Wales)

ACCOUNTANTS:

Edward Back & Co

Mancroft Towers

Oulton Broad

Lowestoft

Suffolk

NR32 3PS

FIXED ASSETS

Tangible assets

4

1,715

2,143

CURRENT ASSETS

Stocks

5

2,450

4,000

Debtors

6

10,190

10,687

Cash at bank

326

2

12,966

14,689

CREDITORS

Amounts falling due within one year

7

27,534

29,881

NET CURRENT LIABILITIES

(14,568

)

(15,192

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,853

)

(13,049

)

CREDITORS

Amounts falling due after more than one year

8

46,434

42,133

NET LIABILITIES

(59,287

)

(55,182

)

CAPITAL AND RESERVES

Called up share capital

10

10,000

10,000

Retained earnings

11

(69,287

)

(65,182

)

SHAREHOLDERS' FUNDS

(59,287

)

(55,182

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 31st October 2025 and were signed by:

M N Ashmore - Director

1.	STATUTORY INFORMATION

KBA Media 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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1st October 2023

and 30th September 2024

16,497

2,443

18,940

DEPRECIATION

At 1st October 2023

14,741

2,056

16,797

Charge for year

351

77

428

At 30th September 2024

15,092

2,133

17,225

NET BOOK VALUE

At 30th September 2024

1,405

310

1,715

At 30th September 2023

1,756

387

2,143

5.

STOCKS

2024

2023

£

£

Stocks

2,450

4,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

190

252

Unpaid share capital

10,000

10,000

VAT

-

435

10,190

10,687

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 9)

26,184

27,431

Trade creditors

628

651

VAT

237

-

Accrued expenses

485

1,799

27,534

29,881

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans (see note 9)

31,020

31,459

Directors' loan accounts

15,414

10,674

46,434

42,133

9.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

25,184

25,405

Bank loans

1,000

2,026

26,184

27,431

Amounts falling due between two and five years:

Bank loans - 2-5 years

31,020

31,459

10.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2024

2023

value:

£

£

10,000

Share capital 1

£1

10,000

10,000

11.

RESERVES

Retained

earnings

£

At 1st October 2023

(65,182

)

Deficit for the year

(4,105

)

At 30th September 2024

(69,287

)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30th September 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Edward Back & Co

Mancroft Towers

Oulton Broad

Lowestoft

Suffolk

NR32 3PS

31st October 2025