REGISTERED NUMBER: 08402878 (England and Wales)

RACHEL HICKS MEDIA LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms K R Hicks

SECRETARY:

REGISTERED OFFICE:

8 Maes Yr Orsaf

Narberth

Pembrokeshire

SA67 8UW

REGISTERED NUMBER:

08402878 (England and Wales)

ACCOUNTANTS:

Bevan Buckland Ltd

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

FIXED ASSETS

Tangible assets

4

17,471

1,052

CURRENT ASSETS

Debtors

5

13,735

6,456

Cash at bank

13,776

33,597

27,511

40,053

CREDITORS

Amounts falling due within one year

6

8,157

9,509

NET CURRENT ASSETS

19,354

30,544

TOTAL ASSETS LESS CURRENT LIABILITIES

36,825

31,596

CREDITORS

Amounts falling due after more than one year

7

10,322

-

NET ASSETS

26,503

31,596

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

26,502

31,595

SHAREHOLDERS' FUNDS

26,503

31,596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 August 2026 and were signed by:

Ms K R Hicks - Director

1.	STATUTORY INFORMATION

Rachel Hicks 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.

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.

Right of use asset

-

33% on cost

Motor vehicles

-

25% reducing balance

Computer equipment

-

20% on cost

Taxation

Taxation for the year 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 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.

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.

Finance leasing

Assets held under finance leases are recognised as assets of the company at the lower of the fair value of the leased asset at the inception of the lease and the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance costs are charged to profit or loss over the term of the lease.

Assets held under finance leases are depreciated over the shorter of the estimated useful life of the asset and the lease term.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Right of

Motor

Computer

use asset

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2025

-

18,311

3,877

22,188

Additions

20,566

-

1,148

21,714

Disposals

-

(18,311

)

-

(18,311

)

At 28 February 2026

20,566

-

5,025

25,591

DEPRECIATION

At 1 March 2025

-

18,308

2,828

21,136

Charge for year

4,713

-

579

5,292

Eliminated on disposal

-

(18,308

)

-

(18,308

)

At 28 February 2026

4,713

-

3,407

8,120

NET BOOK VALUE

At 28 February 2026

15,853

-

1,618

17,471

At 28 February 2025

-

3

1,049

1,052

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

5,673

6,037

Other debtors

8,062

419

13,735

6,456

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,060

4,601

Finance leases (see note 8)

5,983

-

Taxation and social security

-

4,820

Other creditors

114

88

8,157

9,509

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Finance leases (see note 8)

10,322

-

8.	LEASING AGREEMENTS

Minimum lease payments under finance leases fall due as follows:

Finance leases

2026

2025

£

£

Net obligations repayable:

Within one year

5,983

-

Between one and five years

10,322

-

16,305

-

From 1 March 2025, FRS 102 was implemented which results in arrangements previously accounted for as operating leases (i.e. without recognising the leased vehicles, plant, equipment, property and land as an asset, and future rents as a liability), now being included on the balance sheet as a right-of-use asset and a lease liability.

All leases previously classified (as at 28 February 2025) as operating leases were reauthorised, subject to any exemptions, to a right-of-use asset on the balance sheet together with a lease liability in 2025/26.

9.	ULTIMATE CONTROLLING PARTY