REGISTERED NUMBER: 07679756 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2026

for

Cobweb Media Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Hitchman

SECRETARY:

Mr A Hitchman

REGISTERED OFFICE:

Worting House

Church Lane

Worting

Basingstoke

Hampshire

RG23 8PX

REGISTERED NUMBER:

07679756 (England and Wales)

ACCOUNTANTS:

Lane Monnington Welton

Chartered Accountants

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

FIXED ASSETS

Tangible assets

4

1,440

1,236

Investments

5

19,630

23,038

21,070

24,274

CURRENT ASSETS

Debtors

6

15,253

15,179

Cash at bank

3,928

4,530

19,181

19,709

CREDITORS

Amounts falling due within one year

7

26,945

26,733

NET CURRENT LIABILITIES

(7,764

)

(7,024

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,306

17,250

PROVISIONS FOR LIABILITIES

8

278

240

NET ASSETS

13,028

17,010

CAPITAL AND RESERVES

Called up share capital

9

200

200

Retained earnings

12,828

16,810

SHAREHOLDERS' FUNDS

13,028

17,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2026 and were signed by:

Mr A Hitchman - Director

1.	STATUTORY INFORMATION

Cobweb Media Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Financial instruments

Debtors and creditors payable/receivable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Investments

Investments in shares are included at fair value. Fair value gains or losses are recognised in the profit or loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where applicable.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Impairment

Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2025

2,848

3,413

6,261

Additions

229

1,312

1,541

Disposals

(1,612

)

-

(1,612

)

At 30 June 2026

1,465

4,725

6,190

DEPRECIATION

At 1 July 2025

2,145

2,880

5,025

Charge for year

366

971

1,337

Eliminated on disposal

(1,612

)

-

(1,612

)

At 30 June 2026

899

3,851

4,750

NET BOOK VALUE

At 30 June 2026

566

874

1,440

At 30 June 2025

703

533

1,236

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 July 2025

23,038

Additions

12,662

Revaluations

(16,070

)

At 30 June 2026

19,630

NET BOOK VALUE

At 30 June 2026

19,630

At 30 June 2025

23,038

Cost or valuation at 30 June 2026 is represented by:

Other

investments

£

Valuation in 2026

19,630

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade debtors

15,253

15,179

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Taxation and social security

21,496

21,432

Other creditors

5,449

5,301

26,945

26,733

8.	PROVISIONS FOR LIABILITIES

30.6.26

30.6.25

£

£

Deferred tax

278

240

Deferred

tax

£

Balance at 1 July 2025

240

Accelerated capital allowances

38

Balance at 30 June 2026

278

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.26

30.6.25

value:

£

£

200

Ordinary

£1

200

200