Company Registration No. 06594415 (England and Wales)
MEDIALED LTD
Unaudited accounts
for the year ended 31 May 2026
MEDIALED LTD
Company Information
for the year ended 31 May 2026
Company Number
06594415 (England and Wales)
Registered Office
116 Springfield Road
Windsor
Berkshire
SL4 3PS
England
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
MEDIALED LTD
for the year ended 31 May 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
MEDIALED LTD for the year ended
31 May 2026 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of MEDIALED LTD, as a body, in accordance with the terms of our engagement letter dated 1 June 2021. Our work has been undertaken solely to prepare for your approval the accounts of MEDIALED LTD and state those matters that we have agreed to state to the Board of Directors of MEDIALED LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MEDIALED LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MEDIALED LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MEDIALED LTD. You consider that MEDIALED LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MEDIALED LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Chartered Certified Accountants
9 September 2026
MEDIALED LTD
Statement of financial position
as at 31 May 2026
Called up share capital not paid
3,245,986
3,245,986
Intangible assets
253,964
253,964
Debtors
10,914,670
14,166,924
Cash at bank and in hand
38,582
822,412
Creditors: amounts falling due within one year
(10,812,235)
(15,026,619)
Net current assets/(liabilities)
141,017
(37,283)
Net assets
3,641,317
3,463,017
Called up share capital
3,500,000
3,500,000
Profit and loss account
141,317
(36,983)
Shareholders' funds
3,641,317
3,463,017
For the year ending 31 May 2026 the company was entitled to exemption from audit 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 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 9 September 2026 and were signed on its behalf by
Maxim Skachko
Director
Company Registration No. 06594415
MEDIALED LTD
Notes to the Accounts
for the year ended 31 May 2026
MEDIALED LTD is a private company, limited by shares, registered in England and Wales, registration number 06594415. The registered office is 116 Springfield Road, Windsor, Berkshire, SL4 3PS, England.
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 as modified by the revaluation of certain fixed assets.
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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements. The directors have not identified any material uncertainties that may cast significant doubt on the company’s ability to continue as a going concern.
The company holds a 100% equity interest in DIMER GROUP s.r.o., a subsidiary undertaking incorporated and registered in the Czech Republic. The investment is recognised at cost less any accumulated impairment losses, in accordance with FRS 102 Section 14. The directors have reviewed the carrying value at the balance sheet date and consider that no impairment is required.
Goodwill includes the website licence, which represents expenditure incurred in the development of the website software. The directors consider that the website name has an indefinite useful life and, in accordance with applicable accounting standards, no amortisation has been charged. The carrying value is reviewed annually for impairment in accordance with FRS 102
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
MEDIALED LTD
Notes to the Accounts
for the year ended 31 May 2026
4
Intangible fixed assets
Goodwill
5
Investments
Subsidiary undertakings
Valuation at 1 June 2025
350
Valuation at 31 May 2026
350
Investments in Subsidiaries comprise of 100% shareholding in DIMER Group s.r.o., an entity registered in Czech Republic.
Amounts falling due within one year
Trade debtors
10,826,121
13,940,526
Accrued income and prepayments
18,200
225,113
MEDIALED LTD
Notes to the Accounts
for the year ended 31 May 2026
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
5,762,928
10,962,624
Amounts owed to group undertakings and other participating interests
3,846,188
3,846,188
Taxes and social security
35
-
Loans from directors
275,245
216,307
Deferred Income
During the year, the Directors reviewed the accounting treatment of £900,000 invoiced to MERO TRADE SPÓLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA, Poland, under contract 23029-SM dated 2025.
Due to significant delays in the delivery of equipment by the Company's suppliers in South Korea, the customer disputed the invoiced amount. Although MEDIALED LTD has settled its obligations to the suppliers in full, the related equipment and services had not been delivered to the customer at the reporting date.
In accordance with UK GAAP under FRS 102, Section 23 – Revenue, the Directors concluded that the relevant performance obligations had not been satisfied. Accordingly, the previously recognised revenue of £900,000 has been reversed and the amount has been recognised as deferred income (contract liability).
The deferred income will be recognised as revenue when the Company's contractual performance obligations have been satisfied and the applicable revenue recognition criteria under FRS 102 have been met.
Deferred income at the reporting date: £900,000.
Allotted, called up and fully paid:
500,000 Ordinary shares of £1 each
500,000
500,000
3,000,000 Preference Shares of £1 each
3,000,000
3,000,000
9
Transactions with related parties
At the balance sheet date, the company owed £3,846,188 (2025: £3,846,188) to DIMER GROUP s.r.o., a wholly owned subsidiary incorporated in the Czech Republic. The amount is unsecured, interest-free, and repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2025: 2).