REGISTERED NUMBER: 05868152 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

JOLLYWISE MEDIA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Mason

REGISTERED OFFICE:

8th Floor New England House

New England Street

Brighton

East Sussex

BN1 4GH

REGISTERED NUMBER:

05868152 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Intangible assets

4

775

-

Tangible assets

5

33,801

26,019

34,576

26,019

CURRENT ASSETS

Debtors

6

548,078

412,147

Cash at bank

215,463

401,834

763,541

813,981

CREDITORS

Amounts falling due within one year

7

(168,034

)

(182,653

)

NET CURRENT ASSETS

595,507

631,328

TOTAL ASSETS LESS CURRENT LIABILITIES

630,083

657,347

CREDITORS

Amounts falling due after more than one year

8

(3,373

)

(13,449

)

PROVISIONS FOR LIABILITIES

10

-

(4,944

)

NET ASSETS

626,710

638,954

CAPITAL AND RESERVES

Called up share capital

11

85

85

Retained earnings

626,625

638,869

SHAREHOLDERS' FUNDS

626,710

638,954

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 9 December 2025 and were signed by:

J Mason - Director

1.	STATUTORY INFORMATION

Jollywise 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

Revenue from specialised design activities are measured at the fair value of the consideration received or receivable net of VAT and trade discounts, and is recognised as follows:

Revenue is recognised as contract activity progresses. Revenue not billed is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Computer equipment

- 25% reducing balance

Fixtures & fittings

- 25% reducing balance

Plant & machinery

- 25% reducing balance

Financial instruments

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 entity after deducting all of its financial liabilities.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Impairment policy

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

795

At 31 July 2025

795

AMORTISATION

Charge for year

20

At 31 July 2025

20

NET BOOK VALUE

At 31 July 2025

775

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

2,622

87,905

-

102,174

192,701

Additions

-

-

13,500

1,049

14,549

At 31 July 2025

2,622

87,905

13,500

103,223

207,250

DEPRECIATION

At 1 August 2024

2,270

78,147

-

86,265

166,682

Charge for year

88

2,440

-

4,239

6,767

At 31 July 2025

2,358

80,587

-

90,504

173,449

NET BOOK VALUE

At 31 July 2025

264

7,318

13,500

12,719

33,801

At 31 July 2024

352

9,758

-

15,909

26,019

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

163,852

136,582

Other debtors

384,226

275,565

548,078

412,147

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,129

10,606

Trade creditors

3,874

22,853

Taxation and social security

49,602

58,558

Other creditors

104,429

90,636

168,034

182,653

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,373

13,449

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

51,335

8,196

Between one and five years

180,460

6,120

231,795

14,316

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

-

4,944

Deferred tax

£

Balance at 1 August 2024

4,944

Credit to Income Statement during year

(4,944

)

Balance at 31 July 2025

-

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

85

Ordinary A

£1

85

85

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

J Mason

Balance outstanding at start of year

16,082

-

Amounts advanced

3,523

16,082

Amounts repaid

(16,200

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,405

16,082

Director's loan is repayable on demand and interest has been charged at a rate of 2.25% where the balance exceeds £10,000.

13.	RELATED PARTY DISCLOSURES

During the year, the company loaned an amount of £101,922 to Jollywise Originals and £120,000 to Redwing Norfolk Ltd . Both companies are under the control of the same person.