Registration number: 04433802

Beat Media Group Limited

(Registration number: 04433802)
Statement of Financial Position as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	4,905	9,905
Tangible assets	5	149,043	155,639
		153,948	165,544
Current assets
Debtors	6	1,386,696	1,354,457
Cash at bank and in hand		339,992	374,368
		1,726,688	1,728,825
Creditors: Amounts falling due within one year	7	(1,147,317)	(1,329,881)
Net current assets		579,371	398,944
Total assets less current liabilities		733,319	564,488
Creditors: Amounts falling due after more than one year	7	(95,809)	(162,737)
Provisions for liabilities		(17,644)	(22,475)
Net assets		619,866	379,276
Capital and reserves
Called up share capital		600	600
Profit and loss account		619,266	378,676
Shareholders' funds		619,866	379,276

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 11 December 2025 and signed on its behalf by:
 

......................................... J Parsons Director

......................................... J D Toney Company secretary and director

Beat Media Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY, United Kingdom.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Beat Media Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold improvements	20% on cost
Plant and machinery	25% on cost
Fixtures and fittings	20% on cost
Office equipment	25% on cost

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Straight line over seven years
Development costs	Straight line over three years

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Beat Media Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 41 (2024 - 43).

Beat Media Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Intangible assets

	Goodwill  £	Internally generated software development costs  £	Total £
Cost or valuation
At 1 April 2024	100,000	18,000	118,000
At 31 March 2025	100,000	18,000	118,000
Amortisation
At 1 April 2024	90,095	18,000	108,095
Amortisation charge	5,000	-	5,000
At 31 March 2025	95,095	18,000	113,095
Carrying amount
At 31 March 2025	4,905	-	4,905
At 31 March 2024	9,905	-	9,905

5	Tangible assets

	Leasehold improvements £	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 April 2024	151,118	21,759	466,780	639,657
Additions	-	3,835	44,418	48,253
At 31 March 2025	151,118	25,594	511,198	687,910
Depreciation
At 1 April 2024	68,244	17,731	398,043	484,018
Charge for the year	14,986	2,330	37,533	54,849
At 31 March 2025	83,230	20,061	435,576	538,867
Carrying amount
At 31 March 2025	67,888	5,533	75,622	149,043
At 31 March 2024	82,874	4,028	68,737	155,639

Beat Media Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Debtors

	2025 £	2024 £
Trade debtors	263,197	591,614
Other debtors	674,064	448,136
Prepayments	61,162	62,045
Accrued income	388,273	252,662
	1,386,696	1,354,457

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Bank loans and overdrafts	8	66,928	98,027
Trade creditors		96,178	36,091
Taxation and social security		323,282	450,416
Accruals and deferred income		611,531	718,767
Other creditors		49,398	26,580
		1,147,317	1,329,881

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Loans and borrowings	8	95,809	162,737

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	95,809	162,737

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	66,928	98,027

Beat Media Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9	Related party transactions

The following loans to directors subsisted during the years ended 31 March 2025 and 31 March 2024, the loans are unsecured and bear no interest.

Transactions with directors

2025	At 1 April 2024 £	Advances to director £	At 31 March 2025 £
D R Parsons
	131,478	74,733	206,211
J Parsons
	127,245	74,899	202,144
J D Toney
	151,581	74,833	226,414

2024	At 1 April 2023 £	Advances to director £	At 31 March 2024 £
D R Parsons
	91,969	39,509	131,478
J Parsons
	88,355	38,890	127,245
J D Toney
	112,652	38,929	151,581