REGISTERED NUMBER: 13245552 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

ST MARTIN'S NEWS LTD

Page

Balance Sheet

1

FIXED ASSETS

32,054

44,195

CURRENT ASSETS

156,109

112,868

CREDITORS

Amounts falling due within one year

(37,622

)

(23,229

)

NET CURRENT ASSETS

118,487

89,639

TOTAL ASSETS LESS CURRENT LIABILITIES

150,541

133,834

CREDITORS

Amounts falling due after more than one year

(49,335

)

(46,735

)

NET ASSETS

101,206

87,099

CAPITAL AND RESERVES

101,206

87,099

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2024 - 7 ) .

2.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

Lakhbir Singh Dhillon

Balance outstanding at start of year

(46,735

)

(29,887

)

Amounts advanced

49,335

1,512

Amounts repaid

(2,600

)

(18,360

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(46,735

)

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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 17 December 2025 and were signed by:

Lakhbir Singh Dhillon - Director