Fantastic Media UK Ltd - Filleted accounts

Registered number

05596367

Fantastic Media UK Ltd

Unaudited Filleted Accounts

31 December 2025

Fantastic Media UK Ltd
Registered number:		05596367
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		23,557			28,733

Current assets
Debtors	4	1,437,390			1,603,954
Cash at bank and in hand		243,177			115,611
		1,680,567			1,719,565

Creditors: amounts falling due within one year	5	(337,011)			(442,058)

Net current assets			1,343,556			1,277,507

Total assets less current liabilities			1,367,113			1,306,240

Creditors: amounts falling due after more than one year	6		-			(35,417)

Provisions for liabilities			(5,943)			(7,183)


Net assets			1,361,170			1,263,640

Capital and reserves
Called up share capital			90			90
Profit and loss account			1,361,080			1,263,550

Shareholders' funds			1,361,170			1,263,640

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 A J Hobson			Mr A T McCarthy
Director			Director
Approved by the board on 7 September 2026

Fantastic Media UK Ltd
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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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:

	Leasehold land and buildings			20% Straight line
	Plant and machinery			33% Straight line
	Fixtures, fittings, tools and equipment			20% Straight line
	Motor vehicles			20% Reducing balance

	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.

	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					27		25


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	32,891		177,689		61,511		272,091
	Additions	-		6,300		-		6,300
	At 31 December 2025	32,891		183,989		61,511		278,391

	Depreciation
	At 1 January 2025	26,471		169,166		47,721		243,358
	Charge for the year	1,921		6,797		2,758		11,476
	At 31 December 2025	28,392		175,963		50,479		254,834

	Net book value
	At 31 December 2025	4,499		8,026		11,032		23,557
	At 31 December 2024	6,420		8,523		13,790		28,733


4	Debtors					2025		2024
£							£

	Trade debtors					387,350		389,945
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					889,019		993,712
	Other debtors					161,021		220,297
						1,437,390		1,603,954


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					35,417		82,717
	Trade creditors					33,331		73,830
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					44,410		66,465
	Taxation and social security costs					201,689		174,653
	Other creditors					22,164		44,393
						337,011		442,058


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		35,417


7	Loans					2025		2024
£							£
	Creditors include:

	Secured loans					35,417		118,134

	The loan is secured on the assets of the Company.


8	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					141,465		212,826


9	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr Andrew Hobson
	Interest free, unsecured, repayable on demand	116,553		131,317		(124,622)		123,248

		116,553		131,317		(124,622)		123,248


10	Related party transactions

	During the year, the Company operated loans with other group companies. At the balance sheet date the amount payable from the other group companies was £889,019 (2024: £993,712). These loans are interest free, unsecured and repayable on demand.


11	Controlling party

	The immediate controlling party is Cortex Advisory Group Limited by virtue of a 100% controlling interest in the company.


12	Other information

	Fantastic Media UK Ltd is a private company limited by shares and incorporated in England. Its registered office and the registered office of the parent company is:
	8-16 Dock Street,
	Leeds,
	England,
	LS10 1LX.