Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Mr N J Gower 18/06/2025 11/06/2020 N A Patel 18/06/2025 05 November 2025 The principal activity of the company was IT services. 09635426 2025-03-31 09635426 bus:Director1 2025-03-31 09635426 bus:Director2 2025-03-31 09635426 2024-03-31 09635426 core:CurrentFinancialInstruments 2025-03-31 09635426 core:CurrentFinancialInstruments 2024-03-31 09635426 core:Non-currentFinancialInstruments 2025-03-31 09635426 core:Non-currentFinancialInstruments 2024-03-31 09635426 core:ShareCapital 2025-03-31 09635426 core:ShareCapital 2024-03-31 09635426 core:RetainedEarningsAccumulatedLosses 2025-03-31 09635426 core:RetainedEarningsAccumulatedLosses 2024-03-31 09635426 core:OtherPropertyPlantEquipment 2024-03-31 09635426 core:OtherPropertyPlantEquipment 2025-03-31 09635426 bus:OrdinaryShareClass1 2025-03-31 09635426 2024-04-01 2025-03-31 09635426 bus:FilletedAccounts 2024-04-01 2025-03-31 09635426 bus:SmallEntities 2024-04-01 2025-03-31 09635426 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09635426 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09635426 bus:Director1 2024-04-01 2025-03-31 09635426 bus:Director2 2024-04-01 2025-03-31 09635426 core:OtherPropertyPlantEquipment core:TopRangeValue 2024-04-01 2025-03-31 09635426 2023-04-01 2024-03-31 09635426 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 09635426 core:Non-currentFinancialInstruments 2024-04-01 2025-03-31 09635426 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 09635426 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09635426 (England and Wales)

# LIFT OFF MEDIA LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

LIFT OFF MEDIA LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

LIFT OFF MEDIA LIMITED

## BALANCE SHEET

As at 31 March 2025
LIFT OFF MEDIA LIMITED

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 0 |  | 105
|  | 0 |  | 105
Current assets |  |  |  |
Debtors | 4 | 44,710 |  | 147,933
Cash at bank and in hand |  | 4,804 |  | 15,130
|  | 49,514 |  | 163,063
Creditors: amounts falling due within one year | 5 | ( 45,611) |  | ( 314,215)
Net current assets/(liabilities) |  | 3,903 |  | (151,152)
Total assets less current liabilities |  | 3,903 |  | (151,047)
Creditors: amounts falling due after more than one year | 6 | ( 23,772) |  | ( 28,939)
Net liabilities |  | ( 19,869) |  | ( 179,986)
Capital and reserves |  |  |  |
Called-up share capital | 7 | 100 |  | 100
Profit and loss account |  | ( 19,969 ) |  | ( 180,086 )
Total shareholder's deficit |  | ( 19,869) |  | ( 179,986)

For the financial year ending 31 March 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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Lift Off Media Limited (registered number: 09635426) were approved and authorised for issue by the Director on 05 November 2025. They were signed on its behalf by:

N A Patel Director |

LIFT OFF MEDIA LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
LIFT OFF MEDIA LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Lift Off Media Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 63-66 Hatton Garden 5th Floor Suite 23, London, EC1N 8LE, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £19,869. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery etc. | 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 3. Tangible assets

| Plant and machinery etc. |  | Total
| £ |  | £
Cost |  |  |
At 01 April 2024 | 1,479 |  | 1,479
At 31 March 2025 | 1,479 |  | 1,479
Accumulated depreciation |  |  |
At 01 April 2024 | 1,374 |  | 1,374
Charge for the financial year | 105 |  | 105
At 31 March 2025 | 1,479 |  | 1,479
Net book value |  |  |
At 31 March 2025 | 0 |  | 0
At 31 March 2024 | 105 |  | 105

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 22,563 |  | 59,441
Other debtors | 22,147 |  | 88,492
| 44,710 |  | 147,933

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 5,000 |  | 5,000
Trade creditors | 19,299 |  | 155,810
Taxation and social security | 14,628 |  | 22,666
Other creditors | 6,684 |  | 130,739
| 45,611 |  | 314,215

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 23,772 |  | 28,939

There are no amounts included above in respect of which any security has been given by the small entity.

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100

#### 8. Related party transactions

Transactions with the entity's director

| 2025 |  | 2024
| £ |  | £
Opening balance | (66,348) |  | (19,524)
Advance to director | (57,788) |  | (62,022)
Repayments by director | 128,849 |  | 15,198
Closing balance | 4,713 |  | (66,348)

Interest is being charged at 2.25% on the loan.