Steele Media Ltd

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the director on the preparation of the unaudited statutory accounts of Steele Media Ltd for the year ended 31 March 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Steele Media Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of Steele Media Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Steele Media Ltd and state those matters that we have agreed to state to the director of Steele Media Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Steele Media Ltd and its director as a body for our work or for this report.

It is your duty to ensure that Steele Media Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Steele Media Ltd . You consider that Steele Media Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Steele Media Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

2 December 2025

Steve Pye & Co.

3 North Lynn Bus. Village

Bergen Way, North Lynn Industrial Estate

King's Lynn

Norfolk

PE30 2JG

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Steele Media Ltd

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 06194688

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		10,167		12,583
Tangible Assets	5		172,850		172,570

			183,017		185,153
CURRENT ASSETS
Debtors	6	44,928		13,407
Cash at bank and in hand		126,812		76,960

		171,740		90,367
Creditors: Amounts Falling Due Within One Year	7	(85,876 )		(53,738 )

NET CURRENT ASSETS (LIABILITIES)			85,864		36,629

TOTAL ASSETS LESS CURRENT LIABILITIES			268,881		221,782

Creditors: Amounts Falling Due After More Than One Year	8		(2,261 )		(7,678 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,354 )		(2,284 )

NET ASSETS			264,266		211,820

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			264,166		211,720

SHAREHOLDERS' FUNDS			264,266		211,820

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Steele Media Ltd

Balance Sheet (continued)

As At 31 March 2025

For the 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.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr G Pooley

Director

2 December 2025

The notes on pages 4 to 6 form part of these financial statements.

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Steele Media Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Steele Media Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06194688 . The registered office is 13 Brancaster Close, King's Lynn, Norfolk, PE30 3EW. The presentation currency of the financial statements is the Pound Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Significant judgements and estimations

In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period to which the estimate is revised if the revision affects only that period or in the period of revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are the depreciation charges that are calculated with reference to the useful economic life of fixed assets.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 15 & 5 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0%
Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance

2.6. Financial Instruments

The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

a) Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

b) Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand.

c) Impairment of financial assets

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

...CONTINUED

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Steele Media Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Financial Instruments - continued

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

d) Trade and other creditors

Debt instruments like loans and other accounts payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable within one year, typically trade payables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.7. Taxation

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

Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 4)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	16,250

As at 31 March 2025	16,250

Amortisation
As at 1 April 2024	3,667
Provided during the period	2,416

As at 31 March 2025	6,083

Net Book Value
As at 31 March 2025	10,167

As at 1 April 2024	12,583

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Steele Media Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 April 2024	163,435	10,160	7,500	181,095
Additions	-	2,981	-	2,981

As at 31 March 2025	163,435	13,141	7,500	184,076

Depreciation
As at 1 April 2024	-	6,650	1,875	8,525
Provided during the period	-	1,295	1,406	2,701

As at 31 March 2025	-	7,945	3,281	11,226

Net Book Value
As at 31 March 2025	163,435	5,196	4,219	172,850

As at 1 April 2024	163,435	3,510	5,625	172,570

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	43,269	13,090
Other debtors	1,659	317

	44,928	13,407

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	5,417	5,283
Other creditors	40,858	30,518
Taxation and social security	39,601	17,937

	85,876	53,738

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	2,261	7,678

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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