REGISTERED NUMBER: 02493209 (England and Wales)

Today Magazines Limited

Unaudited Financial Statements

For The Year Ended 31st October 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

G K Davis

Mrs B Davis

G K Davis

SECRETARY:

Mrs B Davis

REGISTERED OFFICE:

The Publishing House

Station Road

Framlingham

Suffolk

IP13 9EE

REGISTERED NUMBER:

02493209 (England and Wales)

ACCOUNTANTS:

John Phillips & Co Limited

Accountants

Unit 81 Centaur Court

Claydon Business Park

Gt. Blakenham

Ipswich

Suffolk

IP6 0NL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

14,383

14,608

14,383

14,608

CURRENT ASSETS

Stocks

6

15,520

12,500

Debtors

7

82,879

64,128

Cash at bank

1,904

13,102

100,303

89,730

CREDITORS

Amounts falling due within one year

8

58,737

58,355

NET CURRENT ASSETS

41,566

31,375

TOTAL ASSETS LESS CURRENT LIABILITIES

55,949

45,983

CREDITORS

Amounts falling due after more than one year

9

31,609

36,442

NET ASSETS

24,340

9,541

CAPITAL AND RESERVES

Called up share capital

10

101

101

Retained earnings

11

24,239

9,440

SHAREHOLDERS' FUNDS

24,340

9,541

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 15th December 2025 and were signed on its behalf by:

G K Davis - Director

1.	STATUTORY INFORMATION

Today Magazines 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.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 13 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st November 2024

and 31st October 2025

31,050

AMORTISATION

At 1st November 2024

and 31st October 2025

31,050

NET BOOK VALUE

At 31st October 2025

-

At 31st October 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st November 2024

and 31st October 2025

13,706

38,233

18,815

1,878

72,632

DEPRECIATION

At 1st November 2024

-

37,629

18,815

1,580

58,024

Charge for year

-

151

-

74

225

At 31st October 2025

-

37,780

18,815

1,654

58,249

NET BOOK VALUE

At 31st October 2025

13,706

453

-

224

14,383

At 31st October 2024

13,706

604

-

298

14,608

6.

STOCKS

2025

2024

£

£

Stocks

15,520

12,500

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

74,107

64,128

Directors' loan accounts

8,772

-

82,879

64,128

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

34,909

28,550

Tax

3,525

6,437

Social security and other taxes

6,608

5,512

VAT

13,695

14,983

Directors' loan accounts

-

32

Accrued expenses

-

2,841

58,737

58,355

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more 5 yr by instal

31,609

36,442

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

31,609

36,442

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

60

Ordinary A

£1

90

90

40

Ordinary B

£1

10

10

1

Ordinary C Non-voting

£1

1

1

101

101

11.

RESERVES

Retained

earnings

£

At 1st November 2024

9,440

Profit for the year

14,799

At 31st October 2025

24,239