Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-31 2025-05-31 false 1 false true No description of principal activity 2024-06-01 1 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02086285 2024-06-01 2025-05-31 02086285 2023-06-01 2024-05-31 02086285 2025-05-31 02086285 2024-05-31 02086285 c:Director1 2024-06-01 2025-05-31 02086285 d:FurnitureFittings 2024-06-01 2025-05-31 02086285 d:OtherPropertyPlantEquipment 2025-05-31 02086285 d:OtherPropertyPlantEquipment 2024-05-31 02086285 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 02086285 d:CurrentFinancialInstruments 2025-05-31 02086285 d:CurrentFinancialInstruments 2024-05-31 02086285 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 02086285 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 02086285 d:ShareCapital 2025-05-31 02086285 d:ShareCapital 2024-05-31 02086285 d:RetainedEarningsAccumulatedLosses 2025-05-31 02086285 d:RetainedEarningsAccumulatedLosses 2024-05-31 02086285 c:OrdinaryShareClass1 2024-06-01 2025-05-31 02086285 c:OrdinaryShareClass1 2025-05-31 02086285 c:FRS102 2024-06-01 2025-05-31 02086285 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 02086285 c:FullAccounts 2024-06-01 2025-05-31 02086285 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 02086285 e:PoundSterling 2024-06-01 2025-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02086285 OPEN MEDIA LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
OPEN MEDIA LIMITED
CONTENTS
| Page
Statement of Financial Position | 1
Notes to the Financial Statements | 2 - 5
OPEN MEDIA LIMITED REGISTERED NUMBER:02086285
STATEMENT OF FINANCIAL POSITION AS AT 31 MAY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 247 |  | 415
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | - |  | 344 |
Cash at bank and in hand |  | 3,314 |  | 7,264 |
|  | 3,314 |  | 7,608 |
Current liabilities |  |  |  |  |
Creditors: amounts falling due within one year | 6 | (127,329) |  | (126,757) |
Net current liabilities |  |  | (124,015) |  | (119,149)
Net liabilities |  |  | (123,768) |  | (118,734)
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 100 |  | 100
Profit and loss account |  |  | (123,868) |  | (118,834)
|  |  | (123,768) |  | (118,734)
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 October 2025.
A Cody
Director
The notes on pages 2 to 5 form part of these financial statements. Page 1
OPEN MEDIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
1. | General information
Open Media Limited is a private company, limited by shares, incorporated in England and Wales with its registered office address at 2nd Floor Connaught House, 1-3 Mount Street, (Entrance Via Davies Street), London, United Kingdom, W1K 3NB. The principal activity of the company continued to be the exploitation of television rights. The financial statements are presented in £ Sterling, which is the functional currency of the company. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Going concern
The financial statements have been prepared on a going concern basis which assumes the continued financial support of the shareholder who has provided an interest free loan of £125,867 (2024 - £125,507).
| 2.3 | Turnover
Turnover represents amounts receivable from the exploitation of television rights during the year, exclusive of Value Added Tax. Turnover is recognised at the point the company is contractually entitled to the income. Page 2
OPEN MEDIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.4 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis:
|  |  |  | Fixtures & fittings | - | 25% | straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.
| 2.5 | Debtors
Short term debtors are measured at the transaction price.
| 2.6 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.
| 2.7 | Creditors
Short term creditors are measured at the transaction price.
3. | Employees
The director was the only employee of the Company during the current and the preceding year. Page 3
OPEN MEDIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
4. | Tangible fixed assets
|  | Other fixed assets
|  | £
| Cost |
| At 1 June 2024 | 15,868
| At 31 May 2025 | 15,868
| Depreciation |
| At 1 June 2024 | 15,453
| Charge for the year on owned assets | 168
| At 31 May 2025 | 15,621
| Net book value |
| At 31 May 2025 | 247
| At 31 May 2024 | 415
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | - | 344
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Taxation and social security | 12 | -
| Other creditors | 125,867 | 125,507
| Accruals and deferred income | 1,450 | 1,250
|  | 127,329 | 126,757
Page 4
OPEN MEDIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
7. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 Ordinary shares of £1.00 each | 100 | 100
Page 5