REGISTERED NUMBER: 10672433 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Skitch Media Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Baker

Mrs S L J Baker

REGISTERED OFFICE:

The Coach House

1 Howard Road

Reigate

Surrey

RH2 7JE

REGISTERED NUMBER:

10672433 (England and Wales)

ACCOUNTANTS:

ACL & Co

Chartered Certified Accountants

The Coach House

1 Howard Road

Reigate

RH2 7JE

FIXED ASSETS

Tangible assets

4

1,538

1,261

CURRENT ASSETS

Debtors

5

87,264

69,930

Cash at bank and in hand

1,612

6,140

88,876

76,070

CREDITORS

Amounts falling due within one year

6

72,634

60,991

NET CURRENT ASSETS

16,242

15,079

TOTAL ASSETS LESS CURRENT LIABILITIES

17,780

16,340

CREDITORS

Amounts falling due after more than one year

7

(10,180

)

(11,627

)

PROVISIONS FOR LIABILITIES

(374

)

(374

)

NET ASSETS

7,226

4,339

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7,126

4,239

7,226

4,339

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

R A Baker - Director

Mrs S L J Baker - Director

1.	STATUTORY INFORMATION

Skitch 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 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

6,725

Additions

356

At 31 March 2025

7,081

DEPRECIATION

At 1 April 2024

5,464

Charge for year

79

At 31 March 2025

5,543

NET BOOK VALUE

At 31 March 2025

1,538

At 31 March 2024

1,261

5.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

-

1,930

Other debtors

-

12,000

Directors' loan accounts

73,089

56,000

73,089

69,930

Amounts falling due after more than one year:

Tax

14,175

-

Aggregate amounts

87,264

69,930

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Tax

54,177

42,607

Social security and other taxes

1,280

960

VAT

12,459

13,962

Other creditors

1,718

1,778

Directors' current accounts

-

184

Accrued expenses

3,000

1,500

72,634

60,991

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

10,180

11,627

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

R A Baker and Mrs S L J Baker

Balance outstanding at start of year

56,000

42,000

Amounts advanced

31,089

14,000

Amounts repaid

(14,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

73,089

56,000