| Earthstorm Media Limited |
| Statement of Financial Position |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
12,077 |
|
|
15,139 |
|
| Current assets |
| Debtors |
4 |
|
244,826 |
|
|
144,027 |
| Cash at bank and in hand |
|
|
140,112 |
|
|
212,173 |
|
|
|
384,938 |
|
|
356,200 |
|
| Creditors: amounts falling due within one year |
5 |
|
(179,690) |
|
|
(105,157) |
|
| Net current assets |
|
|
|
205,248 |
|
|
251,043 |
|
| Total assets less current liabilities |
|
|
|
217,325 |
|
|
266,182 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
- |
|
|
(7,576) |
|
| Provisions for liabilities |
|
|
|
- |
|
|
(3,785) |
|
|
| Net assets |
|
|
|
217,325 |
|
|
254,821 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
71 |
|
|
70 |
| Capital Redemption Reserve |
|
|
|
30 |
|
|
30 |
| Profit and loss account |
|
|
|
217,224 |
|
|
254,721 |
|
| Shareholders' funds |
|
|
|
217,325 |
|
|
254,821 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| Mr S P Robson |
| Director |
| Approved by the board on 21 August 2026 |
|
| Company registration number: |
|
|
07099509 |
|
| Earthstorm Media Limited |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and value added taxes. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures and Fittings |
over 4 years |
|
Equipment |
over 4 years |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Leased assets |
|
Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Government grants |
|
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. |
|
Government grants are recognised using the accrual model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
10 |
|
9 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Fixtures and Fittings |
|
Equipment |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 January 2025 |
10,620 |
|
38,020 |
|
48,640 |
|
Additions |
- |
|
2,748 |
|
2,748 |
|
At 31 December 2025 |
10,620 |
|
40,768 |
|
51,388 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2025 |
9,756 |
|
23,745 |
|
33,501 |
|
Charge for the year |
486 |
|
5,324 |
|
5,810 |
|
At 31 December 2025 |
10,242 |
|
29,069 |
|
39,311 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
378 |
|
11,699 |
|
12,077 |
|
At 31 December 2024 |
864 |
|
14,275 |
|
15,139 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
154,958 |
|
114,133 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
- |
|
660 |
|
Corporation tax recoverable |
|
|
|
|
18,527 |
|
- |
|
Other debtors |
71,341 |
|
29,234 |
|
|
|
|
|
|
244,826 |
|
144,027 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
9,091 |
|
19,697 |
|
Trade creditors |
12,835 |
|
6,521 |
|
Corporation tax payable |
|
|
|
|
- |
|
3,298 |
|
Taxation and social security costs |
120,009 |
|
65,324 |
|
Other creditors |
37,755 |
|
10,317 |
|
|
|
|
|
|
179,690 |
|
105,157 |
|
|
|
|
|
|
|
|
|
|
Bank loans and overdrafts of £9,091 (2024: £19,697) is in respect of a loan under the Coronavirus Business Interruption Loan Scheme('CBILS'). The CBILS is guaranteed by the Government, bears interest at 3.59% over base and is repayable over 6 years. |
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
- |
|
7,576 |
|
|
|
|
|
|
|
|
|
|
Bank loans and overdrafts of £Nil (2024: £7,576) is in respect of a loan under the Coronavirus Business Interruption Loan Scheme('CBILS'). The CBILS is guaranteed by the Government, bears interest at 3.59% over base and is repayable over 6 years. |
|
|
| 7 |
Other financial commitments |
2025 |
|
2024 |
| £ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
51,502 |
|
60,238 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Mrs C L Robson |
|
|
1,734 |
|
16,630 |
|
(500) |
|
17,864 |
|
|
Mr S P Robson |
|
|
2,339 |
|
18,728 |
|
(500) |
|
20,567 |
|
|
|
4,073 |
|
35,358 |
|
(1,000) |
|
38,431 |
|
|
|
|
|
|
|
|
|
|
These balances are interest free and repayable on demand. |
|
| 9 |
Related party transactions |
|
|
Mr S Robson and Mrs C Robson, directors and shareholders of the company, also own 100 of the 101 shares in NXTGN Online Limited. During the year, the company provided services to NXTGN Online Limited of £Nil (December 2024: £147,200). At the balance sheet date there was an amount owing from NXTGN Online Limited of £Nil (December 2024: £600). |
|
During the accounting period, the company purchased services from Techneds Limited, owner of 1 B Ordinary share in the company, of £46,200 (2024: no connection) and provided services of £6,970. At the period end there were no balances owing between the companies. |
|
|
| 10 |
Other information |
|
|
Earthstorm Media Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Epsilon House |
|
Enterprise Road |
|
Southampton Science Park |
|
Southampton |
|
SO16 7NS |