REGISTERED NUMBER: 12959793 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AUDIENCERUN LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

-

336

CURRENT ASSETS

Debtors

5

8,015

23,427

Cash and cash equivalents

6

9,508

13,577

17,523

37,004

CREDITORS

Amounts falling due within one year

7

(249,311

)

(249,146

)

NET CURRENT LIABILITIES

(231,788

)

(212,142

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(231,788

)

(211,806

)

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

(241,788

)

(221,806

)

(231,788

)

(211,806

)

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

K C A Hurst - Director

1.	STATUTORY INFORMATION

Audiencerun Limited is a private limited company (limited by shares) incorporated in England and Wales. The address of the registered office is 2nd Floor, 55 Ludgate Hill, London, United Kingdom, EC4M 7JW.

The principal activity was that of advertising.

Figures in the accounts are rounded to the nearest £.

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 Company’s ultimate parent undertaking, TigerSun Media Group SARL, announced on [insert date] its decision to cease the operations of the Company by the end of the 2026 calendar year.

Accordingly, these financial statements have been prepared on a basis other than going concern, referred to as the break-up basis.

Under the break-up basis:

- Assets are stated at amounts expected to be realised (net realisable value).

- Liabilities include all amounts that have crystallised as a result of the decision to wind up the Company.

In all other respects, the financial statements have been prepared in accordance with the applicable accounting framework.

The following principal accounting policies have been applied:

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

The financial statements have been prepared on a break-up basis. Tangible fixed assets have been revalued to their estimated net realisable value, being the expected proceeds from disposal less costs to sell.

As the Company does not expect to realise any value from its computer equipment, the entire net book value of £225 has been written off during the year and charged to the Statement of income and retained earnings.

Taxation

Tax is recognised in the Statement of income and retained earnings.

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 income.

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 the Statement of income and retained earnings in the period to which they relate.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Debtors

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

Creditors

Short term creditors are measured at the transaction price.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

Cost

At 1 January 2024

516

Impairments

(225

)

At 31 December 2024

291

Depreciation

At 1 January 2024

180

Charge for year

111

At 31 December 2024

291

Net book value

At 31 December 2024

-

At 31 December 2023

336

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

6,719

20,572

Other debtors

1,296

300

Prepayments

-

2,555

8,015

23,427

6.	CASH AND CASH EQUIVALENTS

2024

2023

£

£

Bank

9,508

13,577

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1,368

2,752

Social security and other taxes

6,910

5,261

Other creditors

236,183

236,183

Accruals

4,850

4,950

249,311

249,146

8.	PENSION COMMITMENTS

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £1,321 (2023 - £1,447). Contributions totalling £257 (2023 - £257) were payable to the fund at the reporting date are included in creditors.

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

At the year end, the company owed £235,926 (2023: £235,926) to its ultimate parent undertaking, TigerSun Media Group SARL. This amount is included within other creditors.

10.	CONTROLLING PARTY

The Company's immediate and ultimate parent undertaking is TigerSun Media Group SARL, a company incorporated in France, whose registered office is 8 Bouvelard Dubreuil, Orsay, 91400, France.