Company Registration No. 04019815 (England and Wales)
Heaven Media Ltd
Unaudited accounts
for the year ended 31 October 2025
Heaven Media Ltd
Statement of financial position
as at 31 October 2025
Intangible assets
-
25,484
Tangible assets
92,077
7,865
Debtors
3,293,333
3,564,814
Cash at bank and in hand
240,683
334,958
Creditors: amounts falling due within one year
(3,336,026)
(2,316,389)
Net current assets
197,990
1,583,383
Total assets less current liabilities
328,258
1,654,923
Creditors: amounts falling due after more than one year
(171,500)
-
Provisions for liabilities
Deferred tax
(3,397)
(2,222)
Net assets
153,361
1,652,701
Called up share capital
100
100
Capital redemption reserve
(71,000)
(71,000)
Profit and loss account
224,261
1,723,601
Shareholders' funds
153,361
1,652,701
For the year ending 31 October 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2026 and were signed on its behalf by
Mr M Reed
Director
Company Registration No. 04019815
Heaven Media Ltd
Notes to the Accounts
for the year ended 31 October 2025
Heaven Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 04019815. The registered office is Unit 9 The Incubator, The Boulevard Enterprise Campus, Alconbury Weald, Cambridgeshire, PE28 4XA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover 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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Motor vehicles
25% reducing balance
Fixtures & fittings
20% straight line
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Heaven Media Ltd
Notes to the Accounts
for the year ended 31 October 2025
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Investments in shares are included at fair value.
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.
4
Intangible fixed assets
Goodwill
At 1 November 2024
299,824
At 31 October 2025
299,824
At 1 November 2024
274,340
Charge for the year
25,484
At 31 October 2025
299,824
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
81,711
-
21,730
103,441
Additions
6,142
83,500
1,005
90,647
At 31 October 2025
87,853
83,500
22,735
194,088
At 1 November 2024
74,596
-
20,980
95,576
Charge for the year
6,029
-
406
6,435
At 31 October 2025
80,625
-
21,386
102,011
At 31 October 2025
7,228
83,500
1,349
92,077
At 31 October 2024
7,115
-
750
7,865
Heaven Media Ltd
Notes to the Accounts
for the year ended 31 October 2025
6
Investments
Other investments
Valuation at 1 November 2024
38,191
Valuation at 31 October 2025
38,191
Amounts falling due within one year
Trade debtors
2,450,132
1,067,450
Other debtors
619,690
475,944
Amounts falling due after more than one year
Other debtors
223,511
2,021,420
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,876
240,149
Trade creditors
410,052
640,872
Taxes and social security
244,577
43,821
Other creditors
2,647,809
1,366,835
Deferred income
24,712
24,712
9
Creditors: amounts falling due after more than one year
2025
2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan advanced during the year. Interest has been charged at the average official rate.
193,803
500,687
193,803
500,687
193,803
500,687
193,803
500,687
11
Average number of employees
During the year the average number of employees was 38 (2024: 42).