REGISTERED NUMBER: SC302194 (Scotland)

Financial Statements For The Period 1 December 2024 to 31 May 2026

for

Murray TV Ltd

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J A Murray

J P Murray

REGISTERED OFFICE:

5 Westside Gardens

6 Partickhill Road

G11 5BL

REGISTERED NUMBER:

SC302194 (Scotland)

ACCOUNTANTS:

Robb Ferguson Chartered Accountants

Regent Court

70 West Regent Street

Glasgow

G2 2QZ

FIXED ASSETS

Tangible assets

4

86,073

62,568

Investments

5

-

-

86,073

62,568

CURRENT ASSETS

Debtors

30,617

2,550

Cash at bank

1,196,366

1,031,774

1,226,983

1,034,324

CREDITORS

Amounts falling due within one year

361,891

283,720

NET CURRENT ASSETS

865,092

750,604

TOTAL ASSETS LESS CURRENT LIABILITIES

951,165

813,172

PROVISIONS FOR LIABILITIES

16,660

-

NET ASSETS

934,505

813,172

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

934,504

813,171

934,505

813,172

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the period ended 31 May 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

J A Murray - Director

1.	STATUTORY INFORMATION

Murray TV Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Motor vehicles

-

20% on cost

Computer equipment

-

33.33% on cost

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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2024

97,188

Additions

89,038

Disposals

(96,255

)

At 31 May 2026

89,971

DEPRECIATION

At 1 December 2024

34,620

Charge for period

19,010

Eliminated on disposal

(49,732

)

At 31 May 2026

3,898

NET BOOK VALUE

At 31 May 2026

86,073

At 30 November 2024

62,568

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

Additions

257,804

Disposals

(257,804

)

At 31 May 2026

-

NET BOOK VALUE

At 31 May 2026

-

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company benefited from an interest free loan from its director during the year. The balance due by the company as at 31 May 2026 amounted to £333,076 (2024 - £217,901).

7.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director Mr J A Murray who owns the entire issued share capital.