REGISTERED NUMBER: 07562298 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Banana UK Media Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Mistry

N Newton

REGISTERED OFFICE:

2 Walsworth Road

HITCHIN

Hertfordshire

SG4 9SP

REGISTERED NUMBER:

07562298 (England and Wales)

ACCOUNTANTS:

D and E Accountancy Ltd

Tax Advisors and Accountants

2nd Floor, 2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

28,795

30,086

28,795

30,086

CURRENT ASSETS

Stocks

8,000

8,000

Debtors

6

138,584

87,136

Cash at bank

29,418

8,174

176,002

103,310

CREDITORS

Amounts falling due within one year

7

196,551

108,323

NET CURRENT LIABILITIES

(20,549

)

(5,013

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,246

25,073

CREDITORS

Amounts falling due after more than one year

8

(2,392

)

(14,104

)

PROVISIONS FOR LIABILITIES

9

(5,472

)

(10,038

)

NET ASSETS

382

931

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

282

831

SHAREHOLDERS' FUNDS

382

931

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 31 December 2025 and were signed on its behalf by:

J Mistry - Director

1.	STATUTORY INFORMATION

Banana UK Media Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

80,000

AMORTISATION

At 1 April 2024

and 31 March 2025

80,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

136,779

35,662

172,441

Additions

13,190

7,181

20,371

At 31 March 2025

149,969

42,843

192,812

DEPRECIATION

At 1 April 2024

118,910

23,445

142,355

Charge for year

8,359

13,303

21,662

At 31 March 2025

127,269

36,748

164,017

NET BOOK VALUE

At 31 March 2025

22,700

6,095

28,795

At 31 March 2024

17,869

12,217

30,086

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

£

COST

At 1 April 2024

and 31 March 2025

40,000

DEPRECIATION

At 1 April 2024

13,008

Charge for year

8,000

At 31 March 2025

21,008

NET BOOK VALUE

At 31 March 2025

18,992

At 31 March 2024

26,992

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

107,780

18,733

Other debtors

15,724

15,724

Directors' current accounts

1,750

47,295

Prepayments

13,330

5,384

138,584

87,136

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

11,154

10,608

Trade creditors

38,109

17,489

Tax

27,193

22,851

Social security and other taxes

375

12,553

VAT

33,098

24,014

Other creditors

80,267

18,308

Directors' current accounts

4,255

-

Accrued expenses

2,100

2,500

196,551

108,323

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

2,392

11,154

Bank loans - 2-5 years

-

2,950

2,392

14,104

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

5,472

10,038

Deferred

tax

£

Balance at 1 April 2024

10,038

Credit to Income Statement during year

(4,566

)

Balance at 31 March 2025

5,472

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1 April 2024

831

Profit for the year

69,451

Dividends

(70,000

)

At 31 March 2025

282

12.	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

£

£

J Mistry

Balance outstanding at start of year

16,147

-

Amounts advanced

-

16,147

Amounts repaid

(16,147

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

16,147

N Newton

Balance outstanding at start of year

16,147

-

Amounts advanced

-

16,147

Amounts repaid

(16,147

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

16,147