London Tamil Media Ltd

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.

You have acknowledged on the balance sheet as at year ended 31 December 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

SAAS Accountants

19/12/2025

226A Northolt Road

South Harrow

Middlesex

HA2 8DU

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London Tamil Media Ltd

Balance Sheet

As At 31 December 2024

Balance Sheet

Registered number: 08294143

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		46,118		70,581
Tangible Assets	5		-		1,100,714
Investments	6		4,815,028		4,815,028

			4,861,146		5,986,323
CURRENT ASSETS
Debtors	7	426,407		339,986
Cash at bank and in hand		-		34,513

		426,407		374,499
Creditors: Amounts Falling Due Within One Year	8	(3,708,692 )		(3,650,335 )

NET CURRENT ASSETS (LIABILITIES)			(3,282,285 )		(3,275,836 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,578,861		2,710,487

Creditors: Amounts Falling Due After More Than One Year	9		(17,609,461 )		(17,773,633 )

NET LIABILITIES			(16,030,600 )		(15,063,146 )

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			(16,030,601 )		(15,063,147 )

SHAREHOLDERS' FUNDS			(16,030,600)		(15,063,146)

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London Tamil Media Ltd

Balance Sheet (continued)

As At 31 December 2024

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Mr Patrick David NIRAJ

Director

19/12/2025

The notes on pages 4 to 7 form part of these financial statements.

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London Tamil Media Ltd

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

London Tamil Media Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08294143 . The registered office is Unit 1 10 Stonefield Way, Ruislip, Middlesex, HA4 0JS.

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 - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Leasehold	Over the lease term
Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Office and administration	2	2
Sales, marketing and distribution	1	1
Directors	1	1

	4	4

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London Tamil Media Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	433,107

As at 31 December 2024	433,107

Amortisation
As at 1 January 2024	362,526
Provided during the period	24,463

As at 31 December 2024	386,989

Net Book Value
As at 31 December 2024	46,118

As at 1 January 2024	70,581

5. Tangible Assets

	Land & Property
	Leasehold
	£
Cost
As at 1 January 2024	1,517,901
Disposals	(1,517,901 )

As at 31 December 2024	-

Depreciation
As at 1 January 2024	417,187
Disposals	(417,187 )

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	1,100,714

6. Investments

	Listed
	£
Cost or Valuation
As at 1 January 2024	4,815,028

As at 31 December 2024	4,815,028

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	4,815,028

As at 1 January 2024	4,815,028

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London Tamil Media Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	419,824	435,409
VAT	1,483	-
Amounts owed by group undertakings	-	(91,023 )

	421,307	344,386
Due after more than one year
Other debtors	5,100	42,600
Deposit	-	(47,000 )

	5,100	(4,400 )

	426,407	339,986

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	356,287	359,003
Bank loans and overdrafts	27,685	22,290
Other taxes and social security	16,079	15,953
VAT	-	17,967
Net wages	80	-
Pension Fund	7,147	7,100
Accruals and deferred income	-	93,466
Amounts owed to group undertakings	3,301,414	3,134,556

	3,708,692	3,650,335

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

	2024	2023
	£	£
Other loans	138,046	295,682
Bank Loan	29,632	36,168
Amounts owed to Karan Holding	14,880,073	14,880,073
Interest owed Karan Holding	2,561,710	2,561,710

	17,609,461	17,773,633

Repayment of Loan:

The principal amount of the loan together with accrued interest shall be repayable commencing from 31st

December 2025 by way of 132 months plus interest.

Interest:

The loan shall bear interest at the rate of 3% per annum payable yearly in arrears commencing on the last day of

the year after the date of the advance of the loan.

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1

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London Tamil Media Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

11. Related Party Transactions

The London Tamil Media Ltd is holding 100% shares of Lankasri Ltd

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