REGISTERED NUMBER: 07052046 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

JAMES BAXTER MEDIA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J R T Baxter

REGISTERED OFFICE:

South Stour Offices

South Stour Road

Mersham

Ashford

Kent

TN25 7HS

REGISTERED NUMBER:

07052046 (England and Wales)

ACCOUNTANTS:

Cassidys Chartered Accountants

South Stour Offices

South Stour Road

Mersham

Ashford

Kent

TN25 7HS

FIXED ASSETS

Tangible assets

4

1,515

417

CURRENT ASSETS

Debtors

5

81,075

99,442

Cash at bank

38,850

20,172

119,925

119,614

CREDITORS

Amounts falling due within one year

6

51,784

49,703

NET CURRENT ASSETS

68,141

69,911

TOTAL ASSETS LESS CURRENT LIABILITIES

69,656

70,328

CREDITORS

Amounts falling due after more than one year

7

(1,090

)

(7,786

)

PROVISIONS FOR LIABILITIES

(318

)

(93

)

NET ASSETS

68,248

62,449

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

68,148

62,349

SHAREHOLDERS' FUNDS

68,248

62,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 December 2025 and were signed by:

J R T Baxter - Director

1.	STATUTORY INFORMATION

James Baxter Media Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 etc

-

20% on cost

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 balance sheet date.

Deferred tax

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

3,621

Additions

1,632

At 31 March 2025

5,253

DEPRECIATION

At 1 April 2024

3,204

Charge for year

534

At 31 March 2025

3,738

NET BOOK VALUE

At 31 March 2025

1,515

At 31 March 2024

417

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,281

7,499

Other debtors

79,794

91,943

81,075

99,442

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,696

6,534

Trade creditors

231

-

Taxation and social security

43,088

41,856

Other creditors

1,769

1,313

51,784

49,703

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,090

7,786

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

1

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

J R T Baxter

Balance outstanding at start of year

69,975

14,886

Amounts advanced

15,000

69,975

Amounts repaid

(27,150

)

(14,886

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

57,825

69,975

Within 9 months of the year end the director repaid £27,850 of the outstanding loan. Interest is being charged on the loan at 2%.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £45,000 (2024 - £43,000) were paid to the director .

Mr J Baxter - Director and Shareholder

At the balance sheet date Mr Baxter owed James Baxter Media Limited £57,825 (2024: £69,975).

11.	ULTIMATE CONTROLLING PARTY

The controlling party is J R T Baxter.