360 Media Sales Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—6

1. General Information

360 Media Sales Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12751538 . The registered office is Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

Presentation currency

The accounts are presented in £ sterling and rounded to the nearest pound.

2.2. Turnover

Turnover represent amounts receivable for the provision of advertising, and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract, when the amount of turnover can be measured reliably and it is probable that the company will received the consideration due under the contract.

2.3. 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:

Computer Equipment

25% straight-line method

2.4. Leasing and Hire Purchase Contracts

Rentals paid under operating leases are charged to the statement of income and retained earnings on a straight line basis over the lease term.

2.5. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Short term debtors and creditors are measured at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank. Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

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360 Media Sales Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation

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

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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

2.8. Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

2.9. Interest income

Interest income is recognised in the statement of income and retained earnings using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2024: 9)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2025	8,719
Additions	2,331
Disposals	(708 )

As at 31 December 2025	10,342

Depreciation
As at 1 January 2025	5,479
Provided during the period	1,198
Disposals	(295 )

As at 31 December 2025	6,382

...CONTINUED

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360 Media Sales Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Net Book Value
As at 31 December 2025	3,960

As at 1 January 2025	3,240

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	804,899	932,793
Prepayments and accrued income	16,376	6,641
VAT	-	1,181
Amounts owed by group undertakings	1,823	4,934

	823,098	945,549

Amounts owed by group undertakings are interest free and repayable on demand.

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	283,600	676,245
Corporation tax	37,925	52,231
Other taxes and social security	16,998	8,925
VAT	9,482	-
Other creditors	3,188	2,914
Accruals and deferred income	622,648	250,541
Amounts owed to group undertakings	-	7,647

	973,841	998,503

Amounts owed to group undertakings are interest free and repayable on demand.

7. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Accelerated capital allowances	990	-

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Post Balance Sheet Events

After the year end, GPM 360 Limited, a 100% subsidiary of GPM360 Holdings Limited, purchased 49 shares in the Company from BAS Media Sales Ltd. BAS Media Sales Ltd is no longer a director or shareholder of the Company.

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360 Media Sales Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

10. Related Party Transactions

During the year, the Company was recharged various costs amounting to £315,765 (2024: £218,359) by GPM360 Limited, 49% shareholder as of January 2026 and fellow subsidiary of GPM360 Holdings Limited. The Company recharged costs amounting to £125,304 (2024: £66,656). The balance owed to the Company at the year end was £Nil (2024: £3,735). The loan is interest free and repayable on demand.

At the year-end, the Company owed £34,559 (2024: £32,087) as a trade creditor to GPM360 Limited, and was owed £3,043 as a trade debtor (2024: £4,193).

During the year, the Company repaid a loan of £7,647 (2024: £nil) to BAS Media Sales Limited, 49% shareholder until January 2026. The loan was interest free and repayable on demand. The outstanding balance at the year end is £Nil (2024: £7,647)

Barclays Security Trustee Limited held a charge against all property and undertakings of the Company, as a cross guarantee for the mortgage held by GPM360 Limited totalling £839,780 (2024: £965,149). The charge contains a negative pledge. This charge has now been satisifed.

11. Parent Undertaking and Controlling Party

The company's immediate and parent undertaking is GPM 360 Holdings Limited . GPM 360 Holdings Limited was incorporated in England and Wales. Copies of their accounts may be obtained from the secretary at Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ . The controlling party is GPM 360 Holdings Limited who controls 51% of the shares of 360 Media Sales Ltd .

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,960		3,240

			3,960		3,240
CURRENT ASSETS
Debtors	5	823,098		945,549
Cash at bank and in hand		557,066		457,391

		1,380,164		1,402,940
Creditors: Amounts Falling Due Within One Year	6	(973,841 )		(998,503 )

NET CURRENT ASSETS (LIABILITIES)			406,323		404,437

TOTAL ASSETS LESS CURRENT LIABILITIES			410,283		407,677

PROVISIONS FOR LIABILITIES
Deferred Taxation	7		(990 )		-

NET ASSETS			409,293		407,677

CAPITAL AND RESERVES
Called up share capital	8		100		100
Income Statement			409,193		407,577

SHAREHOLDERS' FUNDS			409,293		407,677