Max Media Limited
Statement of financial position
as at 31 May 2026
Cash at bank and in hand
17,601
1
Creditors: amounts falling due within one year
(5,102)
-
Net current assets
12,499
1
Total assets less current liabilities
21,516
1
Creditors: amounts falling due after more than one year
(6,274)
-
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
13,528
-
Shareholders' funds
13,529
1
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 13 August 2026 and were signed on its behalf by
James Peacock
Director
Company Registration No. 15875626
Max Media Limited
Notes to the Accounts
for the year ended 31 May 2026
Max Media Limited is a private company, limited by shares, registered in England and Wales, registration number 15875626.
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.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
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.
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:
Computer equipment
4 Years
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.
Max Media Limited
Notes to the Accounts
for the year ended 31 May 2026
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
10,348
85
10,433
At 31 May 2026
10,348
85
10,433
Charge for the year
1,404
12
1,416
At 31 May 2026
1,404
12
1,416
At 31 May 2026
8,944
73
9,017
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
(1)
-
Loans from directors
1,471
-
6
Creditors: amounts falling due after more than one year
2026
2025
Taxes and social security
6,274
-
7
Average number of employees
During the year the average number of employees was 1 (2025: 0).