Contego Media Group Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10556891

		31 May 2025		29 January 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		87

			-		87
CURRENT ASSETS
Debtors	5	234,521		181,559
Investments	6	41,000		41,000
Cash at bank and in hand		112,386		87,328

		387,907		309,887
Creditors: Amounts Falling Due Within One Year	7	(214,081 )		(144,905 )

NET CURRENT ASSETS (LIABILITIES)			173,826		164,982

TOTAL ASSETS LESS CURRENT LIABILITIES			173,826		165,069

Creditors: Amounts Falling Due After More Than One Year	8		(5,199 )		(15,661 )

NET ASSETS			168,627		149,408

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			168,626		149,407

SHAREHOLDERS' FUNDS			168,627		149,408

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Contego Media Group Ltd

Balance Sheet (continued)

As At 31 May 2025

For the period ending 31 May 2025 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 John Bailey

Director

13 May 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Contego Media Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10556891 . The registered office is First Floor St. Augustines Court, St. Augustines Place, Bristol, South West, BS1 4XP.

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. Significant judgements and estimations

In the application of the company’s accounting policies, the director is required to make judgements, estimates and

assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The

estimates and associated assumptions are based on historical experience and other factors that are considered to be

relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are

recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of

the revision and future periods where the revision affects both current and future periods.

2.3. 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.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Fixtures & Fittings	25% on cost
Computer Equipment	25% on cost

2.5. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other

Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the

contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a

legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to

realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price

including transaction costs and are subsequently carried at amortised cost using the effective interest method unless

the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the

future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not

amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements

entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after

deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that

are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing

transaction, where the debt instrument is measured at the present value of the future payments discounted at a

market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

...CONTINUED

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Contego Media Group Ltd

Notes to the Financial Statements (continued)

For the Period 30 January 2024 to 31 May 2025

2.5. Financial Instruments - continued

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business

from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not,

they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and

subsequently measured at amortised cost using the effective interest method.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1 (2024: 1)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 30 January 2024	1,015	1,122	2,137

As at 31 May 2025	1,015	1,122	2,137

Depreciation
As at 30 January 2024	928	1,122	2,050
Provided during the period	87	-	87

As at 31 May 2025	1,015	1,122	2,137

Net Book Value
As at 31 May 2025	-	-	-

As at 30 January 2024	87	-	87

5. Debtors

	31 May 2025	29 January 2024
	£	£
Due within one year
Trade debtors	58,992	20,926
Director loan account	-	54,654
Loan	57,500	57,500
Intercompany - Contego Media Ltd	87,529	47,979
Intercompany - Bailey Estate Holding	500	500
INTERCOMPANY CMG SEF Trading Ltd	30,000	-

	234,521	181,559

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Contego Media Group Ltd

Notes to the Financial Statements (continued)

For the Period 30 January 2024 to 31 May 2025

6. Current Asset Investments

	31 May 2025	29 January 2024
	£	£
Shares in subsidiaries	41,000	41,000

7. Creditors: Amounts Falling Due Within One Year

	31 May 2025	29 January 2024
	£	£
Trade creditors	15,960	18,838
Bank loans and overdrafts	7,032	10,119
Corporation tax	58,573	48,825
PAYE control account	414	1,311
VAT	18,840	7,136
Net wages	1,590	215
Accruals	111,352	58,461
Pension control account	95	-
Director's loan account	225	-

	214,081	144,905

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

	31 May 2025	29 January 2024
	£	£
Bounce back loan	5,199	15,661

9. Share Capital

	31 May 2025	29 January 2024
	£	£
Allotted, Called up and fully paid	1	1

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