Voice Magazines Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10550557

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		4,326		6,891

			4,326		6,891
CURRENT ASSETS
Debtors	6	69,664		46,639
Cash at bank and in hand		59,683		56,038

		129,347		102,677
Creditors: Amounts Falling Due Within One Year	7	(56,101 )		(59,251 )

NET CURRENT ASSETS (LIABILITIES)			73,246		43,426

TOTAL ASSETS LESS CURRENT LIABILITIES			77,572		50,317

Creditors: Amounts Falling Due After More Than One Year	8		(24,074 )		(31,176 )

NET ASSETS			53,498		19,141

Profit and Loss Account			53,498		19,141

SHAREHOLDERS' FUNDS			53,498		19,141

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Voice Magazines Limited

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs E R Carrington-Morris

Director

18 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Voice Magazines Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10550557 . The registered office is 81 High Street, South Normanton, Alfreton, DE55 2BP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of five years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% straight line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Taxation

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

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

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Voice Magazines Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 6)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 February 2024	11,000

As at 31 January 2025	11,000

Amortisation
As at 1 February 2024	11,000

As at 31 January 2025	11,000

Net Book Value
As at 31 January 2025	-

As at 1 February 2024	-

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 February 2024	11,845	17,155	29,000
Additions	-	668	668

As at 31 January 2025	11,845	17,823	29,668

Depreciation
As at 1 February 2024	7,581	14,528	22,109
Provided during the period	853	2,380	3,233

As at 31 January 2025	8,434	16,908	25,342

Net Book Value
As at 31 January 2025	3,411	915	4,326

As at 1 February 2024	4,264	2,627	6,891

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	3,411	4,264

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	37,639	10,253
Other debtors	32,025	36,386

	69,664	46,639

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Voice Magazines Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,546	2,319
Trade creditors	9,894	20,381
Bank loans and overdrafts	5,556	5,556
Corporation tax	17,972	7,842
Other taxes and social security	18,987	20,236
Other creditors	141	141
Accruals and deferred income	840	840
Directors' loan accounts	1,165	1,936

	56,101	59,251

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	1,546
Bank loans	24,074	29,630

	24,074	31,176

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	1,546	2,319
Later than one year and not later than five years	-	1,546

	1,546	3,865

	1,546	3,865

10. Share Capital

	2025		2024
	£		£

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