FLORESCO MEDIA LTD


Directors	BARTER, Harriet
	FALLON, Daniel Sebastian
	HUNT, Sally
	INGHAM, Gregory John
	INGHAM, Jane


Registered Address	Media House
	1, Widcombe Parade
	Bath
	BA2 4JT


Registered Number	16147434 (England and Wales)

Statement of Financial Position
31 March 2026

	Notes	2026
		£	£
Fixed assets
Tangible assets	3		6,646
			6,646
Current assets
Debtors	4	30,629
Cash at bank and on hand		36,014
		66,643
Creditors amounts falling due within one year	5	(144,372)
Net current assets (liabilities)			(77,729)
Total assets less current liabilities			(71,083)
Net assets			(71,083)
Capital and reserves
Called up share capital			100
Profit and loss account			(71,183)
Shareholders' funds			(71,083)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 August 2026, and are signed on its behalf by:

BARTER, Harriet
Director

HUNT, Sally
Director

Registered Company No. 16147434

FLORESCO MEDIA LTD

Notes to the Financial Statements
for the period ended 31 March 2026

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	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). These are the company’s first financial statements and accordingly no comparative figures are presented.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have confirmed their intention to provide ongoing financial support and will not demand repayment of their loans for the foreseeable future. The company, therefore, continues to adopt the going concern basis of accounting in preparing its financial statements.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have confirmed their intention to provide ongoing financial support and will not demand repayment of their loans for the foreseeable future.

The company, therefore, continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	Turnover represents the invoiced value of services provided during the period, excluding value-added tax. Revenue from the provision of paid media and advertising services is recognised in the period in which the services are rendered, based on the stage of completion of the contract. Where the company acts as an agent on behalf of its customers, only the commission or fee earned is recognised as turnover. Where the company acts as principal, the gross amount billed to customers is recognised as turnover.

Turnover policy

Turnover represents the invoiced value of services provided during the period, excluding value-added tax.

Revenue from the provision of paid media and advertising services is recognised in the period in which the services are rendered, based on the stage of completion of the contract.

Where the company acts as an agent on behalf of its customers, only the commission or fee earned is recognised as turnover. Where the company acts as principal, the gross amount billed to customers is recognised as turnover.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Office Equipment	25

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately.

	Financial instruments
	The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, cash and bank balances, and trade and other creditors. Financial assets and liabilities are initially recognised at transaction price (including any transaction costs) and are subsequently measured at amortised cost. Trade and other debtors are recognised at the amount due from customers, less any impairment losses. Trade and other creditors are recognised at the amount payable to suppliers and other parties. Cash and cash equivalents comprise cash at bank and on hand. Financial assets are reviewed for impairment at each reporting date and adjusted where there is objective evidence that the amounts may not be recoverable.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, cash and bank balances, and trade and other creditors.

Financial assets and liabilities are initially recognised at transaction price (including any transaction costs) and are subsequently measured at amortised cost.

Trade and other debtors are recognised at the amount due from customers, less any impairment losses. Trade and other creditors are recognised at the amount payable to suppliers and other parties. Cash and cash equivalents comprise cash at bank and on hand.

Financial assets are reviewed for impairment at each reporting date and adjusted where there is objective evidence that the amounts may not be recoverable.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2026
	Average number of employees during the year	3

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
Additions	9,114	9,114
At 31 March 26	9,114	9,114
Depreciation and impairment
Charge for year	2,468	2,468
At 31 March 26	2,468	2,468
Net book value
At 31 March 26	6,646	6,646
At 19 December 24	-	-

4.	Debtors: amounts due within one year

		2026
		£
	Trade debtors / trade receivables	5,140
	Other debtors	100
	Prepayments and accrued income	25,389
	Total	30,629

5.	Creditors: amounts due within one year

		2026
		£
	Trade creditors / trade payables	3,725
	Taxation and social security	31,435
	Other creditors	100,000
	Accrued liabilities and deferred income	9,212
	Total	144,372


	Other creditors include £100,000 due to the directors

6.	Share capital
	During the accounting period, 100 ordinary shares were issued with a nominal value of £1 per share.

7.	Related party transactions
	During the period, the directors advanced funds to the company to support working capital requirements. At 31 March 2026, the balance owed to the directors amounted to £100,000. The loans are unsecured and repayable on demand. Interest accrues on the loans at a rate of 3% above Bank of England base rate, during the year interest was charged of £9,212.