REGISTERED NUMBER: 08083250 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

KODE MEDIA LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Fleming

J W Goodwin

A J Harman

N Killham

E T Williams

REGISTERED OFFICE:

21-33 Great Eastern Street

London

EC2A 3NT

REGISTERED NUMBER:

08083250 (England and Wales)

ACCOUNTANTS:

BAND Advisory Group Limited

111 Charterhouse Street

London

EC1M 6AW

FIXED ASSETS

Tangible assets

4

23,347

40,669

CURRENT ASSETS

Debtors

5

2,120,515

2,968,270

Cash at bank and in hand

64,179

48,598

2,184,694

3,016,868

CREDITORS

Amounts falling due within one year

6

2,166,149

2,867,232

NET CURRENT ASSETS

18,545

149,636

TOTAL ASSETS LESS CURRENT LIABILITIES

41,892

190,305

CREDITORS

Amounts falling due after more than one year

7

(152,111

)

(186,744

)

PROVISIONS FOR LIABILITIES

(5,837

)

(3,548

)

NET (LIABILITIES)/ASSETS

(116,056

)

13

CAPITAL AND RESERVES

Called up share capital

8

5

5

Retained earnings

(116,061

)

8

SHAREHOLDERS' FUNDS

(116,056

)

13

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by:

E T Williams - Director

M Fleming - Director

J W Goodwin - Director

A J Harman - Director

N Killham - Director

1.	STATUTORY INFORMATION

Kode Media Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery etc

-

50% on cost, 33% on cost and 15% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

179,881

Additions

17,652

Disposals

(6,404

)

At 31 December 2025

191,129

DEPRECIATION

At 1 January 2025

139,212

Charge for year

28,570

At 31 December 2025

167,782

NET BOOK VALUE

At 31 December 2025

23,347

At 31 December 2024

40,669

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

804,387

1,723,045

Amounts owed by group undertakings

17,540

15,506

Other debtors

1,298,588

1,229,719

2,120,515

2,968,270

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,833

17,100

Trade creditors

632,713

1,201,378

Taxation and social security

534,799

598,323

Other creditors

992,804

1,050,431

2,166,149

2,867,232

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

5,837

Other creditors

152,111

180,907

152,111

186,744

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

5,000

Ordinary shares

£0.00

1

5

5

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

M Fleming

Balance outstanding at start of year

61,543

29,782

Amounts advanced

5,686

33,554

Amounts repaid

-

(1,793

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

67,229

61,543

J W Goodwin

Balance outstanding at start of year

196,221

39,051

Amounts advanced

2,922

176,381

Amounts repaid

-

(19,211

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

199,143

196,221

A J Harman

Balance outstanding at start of year

192,237

162,032

Amounts advanced

13,612

31,605

Amounts repaid

-

(1,400

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

205,849

192,237

N Killham

Balance outstanding at start of year

87,211

41,428

Amounts advanced

4,146

45,783

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

91,357

87,211

E T Williams

Balance outstanding at start of year

158,738

129,681

Amounts advanced

7,760

31,501

Amounts repaid

-

(2,444

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

166,498

158,738

10.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is Casually En Route Limited, incorporated in England and Wales.