Mediasight Ventures Ltd

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

Registered number: 15247541

		30 June 2025		30 June 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		146,139		46,667
Tangible Assets	5		8,216		9,508

			154,355		56,175
CURRENT ASSETS
Debtors	6	91,594		133,909
Cash at bank and in hand		154,082		222,777

		245,676		356,686
Creditors: Amounts Falling Due Within One Year	7	(755,474 )		(226,411 )

NET CURRENT ASSETS (LIABILITIES)			(509,798 )		130,275

TOTAL ASSETS LESS CURRENT LIABILITIES			(355,443 )		186,450

NET (LIABILITIES)/ASSETS			(355,443 )		186,450

CAPITAL AND RESERVES
Called up share capital	8		2		2
Share premium account			446,000		446,000
Profit and Loss Account			(801,445 )		(259,552 )

SHAREHOLDERS' FUNDS			(355,443)		186,450

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Mediasight Ventures Ltd

Balance Sheet (continued)

As At 30 June 2025

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

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

The directors acknowledge their 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 Roberto Amerighi Patrizio Di Siena

Director

26/06/2026

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

1. General Information

Mediasight Ventures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15247541 . The registered office is Aldwych House 71 - 91 Aldwych, London, WC2B 4HN.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

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.

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.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Development costs. It is amortised to profit and loss account over its estimated economic life of 3 years.

2.5. 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

33.33% Straight Line

2.6. 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.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 7)

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Mediasight Ventures Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 July 2024	60,000
Additions	138,313

As at 30 June 2025	198,313

Amortisation
As at 1 July 2024	13,333
Provided during the period	38,841

As at 30 June 2025	52,174

Net Book Value
As at 30 June 2025	146,139

As at 1 July 2024	46,667

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 July 2024	11,850
Additions	2,905

As at 30 June 2025	14,755

Depreciation
As at 1 July 2024	2,342
Provided during the period	4,197

As at 30 June 2025	6,539

Net Book Value
As at 30 June 2025	8,216

As at 1 July 2024	9,508

6. Debtors

	30 June 2025	30 June 2024
	£	£
Due within one year
Trade debtors	89,415	133,299
Other debtors	2,179	610

	91,594	133,909

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Mediasight Ventures Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

7. Creditors: Amounts Falling Due Within One Year

	30 June 2025	30 June 2024
	£	£
Trade creditors	21,548	23,429
Bank loans and overdrafts	11	-
Other creditors	61,908	17,273
Taxation and social security	672,007	185,709

	755,474	226,411

8. Share Capital

	30 June 2025	30 June 2024
	£	£
Allotted, Called up and fully paid	2	2

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 July 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 June 2025
	£	£	£	£	£
Mr Roberto Amerighi Patrizio Di Siena	28	-	-	-	28
Mr Giuseppe Licari	1	-	-	-	1

The above loans are unsecured, interest free and repayable on demand.

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