Company registration number SC220892 (Scotland)
PEEBLES MEDIA GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
PEEBLES MEDIA GROUP LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
PEEBLES MEDIA GROUP LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
4
-
-
0
Tangible assets
5
124,716
142,943
Investments
6
100
100
124,816
143,043
Current assets
Debtors
7
910,836
650,517
Cash at bank and in hand
1,534,894
1,633,163
2,445,730
2,283,680
Creditors: amounts falling due within one year
8
(985,043)
(843,469)
Net current assets
1,460,687
1,440,211
Total assets less current liabilities
1,585,503
1,583,254
Creditors: amounts falling due after more than one year
9
-
0
(2,833)
Provisions for liabilities
(25,196)
(28,890)
Net assets
1,560,307
1,551,531
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
1,560,207
1,551,431
Total equity
1,560,307
1,551,531
PEEBLES MEDIA GROUP LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2025
30 September 2025
- 2 -

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 8 June 2026
Mrs Y Bremner
Director
Company registration number SC220892 (Scotland)
PEEBLES MEDIA GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
1
Accounting policies
Company information

Peebles Media Group Limited is a private company limited by shares incorporated in Scotland. The registered office is The Albus, 110 Brook Street, Glasgow, United Kingdom, G40 3AP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Going concern

A true t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

The Director has reviewed the current and future financial position of the company, and is confident that the company has the sufficient headroom to meet forecast cash requirements. As such, the Director considers that it is appropriate to prepare the financial statements on a going concern basis.

1.3
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The company recognises revenue from the following major sources:

- Creating B2B magazines

- Creating consumer magazines

- Staging of exhibitions

- Staging of industry events

- Hosting of awards ceremonies

1.4
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

PEEBLES MEDIA GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
10% on cost
Fixtures and fittings
20% on reducing balance
Equipment
25% on cost
Website Development
20% on cost
1.6
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
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.

PEEBLES MEDIA GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 5 -
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 paymen ts 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.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts 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.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

PEEBLES MEDIA GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 6 -
1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Judgements and key sources of estimation uncertainty

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.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
41
45
4
Intangible fixed assets
Goodwill
£
Cost
At 1 October 2024 and 30 September 2025
2,594,505
Amortisation and impairment
At 1 October 2024 and 30 September 2025
2,594,505
Carrying amount
At 30 September 2025
-
0
At 30 September 2024
-
0

Purchased goodwill is amortised from the date of transition to FRS 102 on 1 October 2014 over a period of 10 years. Goodwill was previously not amortised as the directors were of the opinion that the economic life was in excess of 20 years and this was previously supported by an impairment review.

PEEBLES MEDIA GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 7 -
5
Tangible fixed assets
Leasehold improvements
Fixtures and fittings
Equipment
Website Development
Total
£
£
£
£
£
Cost
At 1 October 2024
194,438
43,678
165,209
71,822
475,147
Additions
-
0
-
0
22,030
-
0
22,030
At 30 September 2025
194,438
43,678
187,239
71,822
497,177
Depreciation and impairment
At 1 October 2024
158,479
43,678
122,865
7,182
332,204
Depreciation charged in the year
18,000
-
0
11,000
11,257
40,257
At 30 September 2025
176,479
43,678
133,865
18,439
372,461
Carrying amount
At 30 September 2025
17,959
-
0
53,374
53,383
124,716
At 30 September 2024
35,959
-
0
42,344
64,640
142,943
6
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
100
100
7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
753,823
520,321
Other debtors
57,070
64,019
Prepayments and accrued income
99,943
66,177
910,836
650,517
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
109,119
143,250
Corporation tax
47,739
90,988
Other taxation and social security
221,811
131,094
Other creditors
18,974
31,440
Accruals and deferred income
587,400
446,697
985,043
843,469
PEEBLES MEDIA GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 8 -
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
-
0
2,833
10
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
29,366
117,466
11
Directors' transactions

Dividends totalling £122,000 (2024 - £112,000) were paid in the year in respect of shares held by the company's directors.

Included within other debtors is an amount owed to the company by the director, totalling £3,684. This loan has been made on an interest-free basis and has been repaid within 9 months.

12
Ultimate controlling party

The ultimate controlling party is director, Y Bremner.

2025-09-30 2024-10-01 false false false 09 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs Y Bremner SC220892 2024-10-01 2025-09-30 SC220892 2025-09-30 SC220892 2024-09-30 SC220892 core:NetGoodwill 2025-09-30 SC220892 core:NetGoodwill 2024-09-30 SC220892 core:LeaseholdImprovements 2025-09-30 SC220892 core:FurnitureFittings 2025-09-30 SC220892 core:ComputerEquipment 2025-09-30 SC220892 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2025-09-30 SC220892 core:LeaseholdImprovements 2024-09-30 SC220892 core:FurnitureFittings 2024-09-30 SC220892 core:ComputerEquipment 2024-09-30 SC220892 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-09-30 SC220892 core:WithinOneYear 2025-09-30 SC220892 core:WithinOneYear 2024-09-30 SC220892 core:AfterOneYear 2025-09-30 SC220892 core:AfterOneYear 2024-09-30 SC220892 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 SC220892 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 SC220892 core:ShareCapital 2025-09-30 SC220892 core:ShareCapital 2024-09-30 SC220892 core:RetainedEarningsAccumulatedLosses 2025-09-30 SC220892 core:RetainedEarningsAccumulatedLosses 2024-09-30 SC220892 bus:Director1 2024-10-01 2025-09-30 SC220892 core:Goodwill 2024-10-01 2025-09-30 SC220892 core:LeaseholdImprovements 2024-10-01 2025-09-30 SC220892 core:FurnitureFittings 2024-10-01 2025-09-30 SC220892 core:ComputerEquipment 2024-10-01 2025-09-30 SC220892 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-10-01 2025-09-30 SC220892 2023-10-01 2024-09-30 SC220892 core:NetGoodwill 2024-09-30 SC220892 core:LeaseholdImprovements 2024-09-30 SC220892 core:FurnitureFittings 2024-09-30 SC220892 core:ComputerEquipment 2024-09-30 SC220892 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-09-30 SC220892 2024-09-30 SC220892 core:CurrentFinancialInstruments 2025-09-30 SC220892 core:CurrentFinancialInstruments 2024-09-30 SC220892 core:Non-currentFinancialInstruments 2025-09-30 SC220892 core:Non-currentFinancialInstruments 2024-09-30 SC220892 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC220892 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 SC220892 bus:FRS102 2024-10-01 2025-09-30 SC220892 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 SC220892 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP