REGISTERED NUMBER: 10574046 (England and Wales)

MONAGHAN MEDIA LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J W Monaghan

SECRETARY:

Indigo Secretaries Limited

REGISTERED OFFICE:

3 Kensworth Gate

200-204 High Street South

Dunstable

Bedfordshire

LU6 3HS

REGISTERED NUMBER:

10574046 (England and Wales)

ACCOUNTANTS:

Higginson & Co (UK) Ltd

3 Kensworth Gate

200 - 204 High Street South

Dunstable

Bedfordshire

LU6 3HS

FIXED ASSETS

Tangible assets

4

10,562

14,196

CURRENT ASSETS

Stocks

388,371

593,405

Debtors

5

419,652

182,183

Cash at bank and in hand

121,288

284,425

929,311

1,060,013

CREDITORS

Amounts falling due within one year

6

91,389

309,923

NET CURRENT ASSETS

837,922

750,090

TOTAL ASSETS LESS CURRENT LIABILITIES

848,484

764,286

PROVISIONS FOR LIABILITIES

7

2,641

3,549

NET ASSETS

845,843

760,737

CAPITAL AND RESERVES

Called up share capital

8

50

50

Retained earnings

845,793

760,687

SHAREHOLDERS' FUNDS

845,843

760,737

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 September 2026 and were signed by:

J W Monaghan - Director

1.	STATUTORY INFORMATION

Monaghan Media Limited 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.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

8,829

14,820

3,323

26,972

Additions

789

-

-

789

At 31 January 2026

9,618

14,820

3,323

27,761

DEPRECIATION

At 1 February 2025

4,699

6,484

1,593

12,776

Charge for year

1,231

2,084

1,108

4,423

At 31 January 2026

5,930

8,568

2,701

17,199

NET BOOK VALUE

At 31 January 2026

3,688

6,252

622

10,562

At 31 January 2025

4,130

8,336

1,730

14,196

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

16,447

14,243

Prepayments

403,205

167,940

419,652

182,183

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Corporation tax

36,687

67,495

Social security and other taxes

2,268

1,135

VAT

40,768

16,800

Directors' current accounts

6,039

218,538

Accrued expenses

5,627

5,955

91,389

309,923

7.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

Accelerated capital allowances

2,641

3,549

Deferred

tax

£

Balance at 1 February 2025

3,549

Credit to Income Statement during year

(908

)

Balance at 31 January 2026

2,641

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

50

£1 A Ordinary

£1

50

50

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

J W Monaghan

Balance outstanding at start of year

218,538

212,153

Amounts advanced

-

6,385

Amounts repaid

(212,499

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,039

218,538