10 10 Wired Media Limited 04016744 false 2024-07-01 2025-06-30 2025-06-30 The principal activity of the company is information technology service Digita Accounts Production Advanced 6.30.9574.0 true true 04016744 2024-07-01 2025-06-30 04016744 2025-06-30 04016744 bus:OrdinaryShareClass1 2025-06-30 04016744 bus:OrdinaryShareClass2 2025-06-30 04016744 bus:OrdinaryShareClass3 2025-06-30 04016744 core:RetainedEarningsAccumulatedLosses 2025-06-30 04016744 core:ShareCapital 2025-06-30 04016744 core:SharePremium 2025-06-30 04016744 core:CurrentFinancialInstruments 2025-06-30 04016744 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 04016744 core:Non-currentFinancialInstruments core:AfterOneYear 2025-06-30 04016744 core:FurnitureFittings 2025-06-30 04016744 core:MotorVehicles 2025-06-30 04016744 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2025-06-30 04016744 bus:SmallEntities 2024-07-01 2025-06-30 04016744 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 04016744 bus:FilletedAccounts 2024-07-01 2025-06-30 04016744 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 04016744 bus:RegisteredOffice 2024-07-01 2025-06-30 04016744 bus:CompanySecretaryDirector1 2024-07-01 2025-06-30 04016744 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 04016744 bus:OrdinaryShareClass2 2024-07-01 2025-06-30 04016744 bus:OrdinaryShareClass3 2024-07-01 2025-06-30 04016744 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 04016744 core:FurnitureFittings 2024-07-01 2025-06-30 04016744 core:MotorVehicles 2024-07-01 2025-06-30 04016744 core:KeyManagementPersonnel 2024-07-01 2025-06-30 04016744 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-07-01 2025-06-30 04016744 countries:EnglandWales 2024-07-01 2025-06-30 04016744 2024-06-30 04016744 core:FurnitureFittings 2024-06-30 04016744 core:MotorVehicles 2024-06-30 04016744 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-06-30 04016744 2023-07-01 2024-06-30 04016744 2024-06-30 04016744 bus:OrdinaryShareClass1 2024-06-30 04016744 bus:OrdinaryShareClass2 2024-06-30 04016744 bus:OrdinaryShareClass3 2024-06-30 04016744 core:RetainedEarningsAccumulatedLosses 2024-06-30 04016744 core:ShareCapital 2024-06-30 04016744 core:SharePremium 2024-06-30 04016744 core:CurrentFinancialInstruments 2024-06-30 04016744 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 04016744 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 04016744 core:FurnitureFittings 2024-06-30 04016744 core:MotorVehicles 2024-06-30 04016744 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-06-30 04016744 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 04016744 bus:OrdinaryShareClass2 2023-07-01 2024-06-30 04016744 bus:OrdinaryShareClass3 2023-07-01 2024-06-30 04016744 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-07-01 2024-06-30 04016744 2023-06-30 04016744 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-06-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 04016744

Wired Media Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 June 2025

Wired Media Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 7

Wired Media Limited

(Registration number: 04016744)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 48,311 | 55,841
Current assets |  |  |
Debtors | 5 | 389,324 | 262,758
Cash at bank and in hand |  | 314,286 | 280,881
|  | 703,610 | 543,639
Creditors: Amounts falling due within one year | 6 | (471,974) | (374,840)
Net current assets |  | 231,636 | 168,799
Total assets less current liabilities |  | 279,947 | 224,640
Creditors: Amounts falling due after more than one year | 6 | (55,493) | (61,941)
Net assets |  | 224,454 | 162,699
Capital and reserves |  |  |
Called up share capital | 7 | 112 | 110
Share premium reserve |  | 999 | -
Retained earnings |  | 223,343 | 162,589
Shareholders' funds |  | 224,454 | 162,699

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 November 2025 and signed on its behalf by:

T B Beasley Company secretary and director |  |

Wired Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

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

The address of its registered office is:
Freshford House
Redcliffe Way
Bristol
Avon
BS1 6NL

These financial statements were authorised for issue by the Board on 6 November 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 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 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.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

The directors have reviewed and stress tested projections and budgets for the next twelve months. Following this review, the directors consider there to be little impact on the Company’s ability to act as a going concern.
The directors have reviewed the supply chains, key customers and the capital resources available and consider that the company has adequate resources in place to continue trading for the next twelve months.

Revenue recognition

Revenue comprises the fair value of the consideration received or receivable for the sale of goods and for the provision of services in the ordinary course of the company’s activities. Revenue 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.

Wired Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Government grants

Government grants are recognised as income over the periods necessary to match them with the related costs which they are intended to compensate.

Tax

The tax expense for the period comprises current 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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
Furniture, fittings and equipment | 25% & 33% straight line
Motor vehicles | 25% straight line

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.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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.

Wired Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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.

Wired Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year was 10 (2024 - 10).

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 July 2024 | 50,318 | 108,643 | 158,961
Additions | 22,817 | - | 22,817
Disposals | - | (49,935) | (49,935)
At 30 June 2025 | 73,135 | 58,708 | 131,843
Depreciation
At 1 July 2024 | 39,571 | 63,549 | 103,120
Charge for the year | 7,348 | 22,999 | 30,347
Eliminated on disposal | - | (49,935) | (49,935)
At 30 June 2025 | 46,919 | 36,613 | 83,532
Carrying amount
At 30 June 2025 | 26,216 | 22,095 | 48,311
At 30 June 2024 | 10,747 | 45,094 | 55,841

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 192,192 | 103,132
Other debtors | 191,441 | 145,873
Prepayments | 5,691 | 13,753
| 389,324 | 262,758

Wired Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

6 | Creditors

Due within one year | Note | 2025 £ | 2024 £
Loans and borrowings |  | 48,833 | 117,253
Trade creditors |  | 5,532 | 7,186
Amounts due to related parties | 9 | 57,037 | 661
Social security and other taxes |  | 101,913 | 126,477
Other creditors |  | 24,397 | 12,548
Accruals |  | 143,781 | 66,801
Corporation tax liability |  | 90,481 | 43,914
|  | 471,974 | 374,840
Due after one year |  |  |
Loans and borrowings |  | 55,493 | 61,941

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary A shares of £0.0001 (2024 - £1) each | 1,000,000 | 100.000 | 100 | 100
Ordinary B shares of £0.0001 (2024 - £1) each | 113,750 | 11.375 | 10 | 10
Ordinary C shares of £0.0001 (2024 - £0) each | 8,250 | 0.825 | - | -
| 1,122,000 | 112.20 | 110 | 110.00

8 | Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are outstanding pension liabilities of £1,760 (2024 - £1,533).

Wired Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

9 | Related party transactions

Loans to related parties

2024 | Key management £ | Total £
At start of period | 10,905 | 10,905
Advanced | 95,068 | 95,068
Repaid | (105,973) | (105,973)
At end of period | - | -

Terms of loans to related parties

Loans to key management are interest free and repayable on demand.

Loans from related parties

2025 | Key management £ | Total £
At start of period | 661 | 661
Advanced | 190,389 | 190,389
Repaid | (134,013) | (134,013)
At end of period | 57,037 | 57,037

2024 | Key management £ | Total £
Advanced | 661 | 661
At end of period | 661 | 661

Terms of loans from related parties

Loans from key management are interest free and repayable on demand.