REGISTERED NUMBER: 10716441 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

514 MEDIA LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B Simoneau

A Burgess

REGISTERED OFFICE:

Ferrari House

258 Field End Road

Ruislip

Middlesex

HA49UU

REGISTERED NUMBER:

10716441 (England and Wales)

ACCOUNTANTS:

Diverset Limited

Chartered Accountants

Ferrari House

258 Field End Road

Ruislip

Middlesex

HA4 9UU

FIXED ASSETS

Tangible assets

4

4,634

4,871

CURRENT ASSETS

Debtors

5

92,173

75,905

Cash at bank

2,723

6,107

94,896

82,012

CREDITORS

Amounts falling due within one year

6

76,247

58,073

NET CURRENT ASSETS

18,649

23,939

TOTAL ASSETS LESS CURRENT LIABILITIES

23,283

28,810

CREDITORS

Amounts falling due after more than one year

7

(21,811

)

(27,257

)

PROVISIONS FOR LIABILITIES

(1,158

)

(1,218

)

NET ASSETS

314

335

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

214

235

314

335

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 10 December 2025 and were signed on its behalf by:

B Simoneau - Director

1.	STATUTORY INFORMATION

514 Media Ltd 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.

The Directors have concluded that the company is and remains a going concern based expected business performance.

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

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 NIL (2024 - 8 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

11,254

Additions

2,111

At 30 April 2025

13,365

DEPRECIATION

At 1 May 2024

6,383

Charge for year

2,348

At 30 April 2025

8,731

NET BOOK VALUE

At 30 April 2025

4,634

At 30 April 2024

4,871

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

21,549

34,073

Other debtors

70,624

41,832

92,173

75,905

Included in other debtors is a loan to B Simoneau a director of £51,731, (2024: £8,660) interest is charged at the official rate and no repayment terms have been set.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,000

6,000

Trade creditors

17,767

20,355

Taxation and social security

47,699

27,996

Other creditors

4,781

3,722

76,247

58,073

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

21,811

27,257