Company registration number 07887333 (England and Wales)
ARTERIAMEDIA LTD.
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
ARTERIAMEDIA LTD.
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
ARTERIAMEDIA LTD.
COMPANY INFORMATION
Director
Mr S P Finney
Company number
07887333
Registered office
147 Gladstone Street
St. Helens
Merseyside
United Kingdom
WA10 4NW
Accountants
BK Plus Limited
7 Waterside Court
St. Helens
Merseyside
United Kingdom
WA9 1UA
ARTERIAMEDIA LTD.
BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
22,248
19,537
Current assets
Cash at bank and in hand
4,123
3,172
Creditors: amounts falling due within one year
4
(11,466)
(15,699)
Net current liabilities
(7,343)
(12,527)
Total assets less current liabilities
14,905
7,010
Provisions for liabilities
(4,227)
(3,712)
Net assets
10,678
3,298
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
10,677
3,297
Total equity
10,678
3,298

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 23 December 2025
Mr S P Finney
Director
Company registration number 07887333 (England and Wales)
ARTERIAMEDIA LTD.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

Arteriamedia Ltd. is a private company limited by shares incorporated in England and Wales. The registered office is 147 Gladstone Street, St. Helens, Merseyside, United Kingdom, WA10 4NW.

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. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Revenue from artistic creation is recognised when services are performed.
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Music equipment
25% Reducing balance
Fixtures and fittings
25% Reducing balance
Computer equipment
33% Straight line
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax
Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax has not been discounted.
ARTERIAMEDIA LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
2
Employees

The average monthly number of persons (including the director) employed by the company during the year was:

2024
2023
Number
Number
1
1
3
Tangible fixed assets
Music equipment
Fixtures and fittings
Computer equipment
Total
£
£
£
£
Cost
At 1 January 2024
60,614
5,799
28,672
95,085
Additions
9,621
-
0
1,600
11,221
Disposals
(1,713)
-
0
-
0
(1,713)
At 31 December 2024
68,522
5,799
30,272
104,593
Depreciation and impairment
At 1 January 2024
43,316
4,360
27,872
75,548
Depreciation charged in the year
6,666
360
1,122
8,148
Eliminated in respect of disposals
(1,351)
-
0
-
0
(1,351)
At 31 December 2024
48,631
4,720
28,994
82,345
Carrying amount
At 31 December 2024
19,891
1,079
1,278
22,248
At 31 December 2023
17,298
1,439
800
19,537
4
Creditors: amounts falling due within one year
2024
2023
Notes
£
£
Bank loans and overdrafts
4,755
5,982
Corporation tax
2,776
1,387
Other creditors
3,935
8,330
11,466
15,699
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