REGISTERED NUMBER: 06844091 (England and Wales)

FITZ ALL MEDIA LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

Professor M N Fitzpatrick

REGISTERED OFFICE:

Ashbourne House

The Guildway

Old Portsmouth Road

Guildford

Surrey

GU3 1LR

REGISTERED NUMBER:

06844091 (England and Wales)

ACCOUNTANTS:

Bessler Hendrie LLP

Chartered Accountants

Ashbourne House

The Guildway

Old Portsmouth Road

Guildford

Surrey

GU3 1LR

FIXED ASSETS

Intangible assets

4

23,819

22,264

Tangible assets

5

20,775

-

44,594

22,264

CURRENT ASSETS

Debtors

6

527,617

74,981

Cash at bank and in hand

258,031

634,150

785,648

709,131

CREDITORS

Amounts falling due within one year

7

(824,699

)

(553,488

)

NET CURRENT (LIABILITIES)/ASSETS

(39,051

)

155,643

TOTAL ASSETS LESS CURRENT LIABILITIES

5,543

177,907

PROVISIONS FOR LIABILITIES

(5,190

)

-

NET ASSETS

353

177,907

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

253

177,807

SHAREHOLDERS' FUNDS

353

177,907

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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 July 2025 and were signed by:

Professor M N Fitzpatrick - Director

1.	STATUTORY INFORMATION

Fitz All 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.

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 represents royalties and fees receivable in respect of media activities undertaken.

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.

Trademarks are being amortised evenly over their estimated useful life of ten years.

On disposal the difference between the net proceeds and the carrying amount of the item disposed of is recognised in the profit and loss account.

Tangible fixed assets

Tangible fixed assets are stated at their historic cost price less accumulated depreciation. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for use. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc. - 33% on cost

The asset's residual values, useful lives and depreciation methods are reviewed if there is an indication of significant change since the last reporting date. On disposal the difference between the net proceeds and carrying amount of the item sold is recognised in profit or loss, and included in administrative expenses.

Financial instruments

Financial instruments are classified as basic or non-basic following the conditions on FRS 102 Section 11. Basic financial instruments are initially measured at transaction price and subsequently recognised at amortised cost using the effective interest method. The company does not have any non-basic financial instruments.

Current tax

Current tax is the amount of corporation tax payable in respect of taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the year end.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured at the average tax rates that are expected to apply in the periods in which timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted by the balance sheet date. Deferred tax is measured on a non-discounted basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

49,678

Additions

6,890

Disposals

(5,300

)

At 31 March 2025

51,268

AMORTISATION

At 1 April 2024

27,414

Charge for year

5,335

Eliminated on disposal

(5,300

)

At 31 March 2025

27,449

NET BOOK VALUE

At 31 March 2025

23,819

At 31 March 2024

22,264

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

20,775

At 31 March 2025

20,775

NET BOOK VALUE

At 31 March 2025

20,775

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

323,989

-

Other debtors

203,628

74,981

527,617

74,981

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,903

5,512

Taxation and social security

202,027

199,715

Other creditors

620,769

348,261

824,699

553,488

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year advances of £495,006 were made to the director and £340,850 was repaid. At the year end £152,427 (2024: £1,729 owed by the company) was owed to the company and included within other debtors. Interest is charged on amounts overdrawn at the official HMRC rate for beneficial loan arrangements and the balance is repayable on demand.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fitz All Media Limited for the year ended 31 March 2025 which comprise the Profit and loss account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Fitz All Media Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fitz All Media Limited and state those matters that we have agreed to state to the director of Fitz All Media Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fitz All Media Limited and its director for our work or for this report.

It is your duty to ensure that Fitz All Media Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fitz All Media Limited. You consider that Fitz All Media Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Fitz All Media Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report should not be regarded as suitable to be used or relied on by any other party wishing to acquire any rights against Bessler Hendrie LLP for any purpose or in any context. Any party, other than the Directors, who obtain access to this report or a copy and choose to rely on this report (or any part of it) will do so at its own risk.

Bessler Hendrie LLP

Chartered Accountants

Ashbourne House

The Guildway

Old Portsmouth Road

Guildford

Surrey

GU3 1LR

14 July 2025