General Information
Bombora Media Limited is a private company, limited by shares, registered in England and Wales, registration number 07503323, registration address 16 Warner Street, London, EC1R 5HA.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
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)
Going concern basis
At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the directors that they will continue to give financial support to the company for the foreseeable future.
On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid, and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise.
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
Research and development expenditure
Expenditure on research and development is written off in the year it is incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Plant and Machinery |
33.33% Straight Line
|
| Computer Equipment |
33.33% Straight Line
|
Preference shares
Preference shares are shares that carry certain preferential rights over ordinary shares, typically in relation to dividends and capital, and may be redeemable by the company at a future date.
|
| 2. |
Average number of employees
Average number of employees during the year was 4 (2024 : 5).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 November 2024 |
58,179 |
|
23,527 |
|
81,706 |
| Additions |
- |
|
- |
|
- |
| Disposals |
- |
|
- |
|
- |
| At 31 October 2025 |
58,179 |
|
23,527 |
|
81,706 |
| Depreciation |
| At 01 November 2024 |
58,179 |
|
23,527 |
|
81,706 |
| Charge for year |
- |
|
- |
|
- |
| On disposals |
- |
|
- |
|
- |
| At 31 October 2025 |
58,179 |
|
23,527 |
|
81,706 |
| Net book values |
| Closing balance as at 31 October 2025 |
- |
|
- |
|
- |
| Opening balance as at 01 November 2024 |
- |
|
- |
|
- |
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Other Debtors |
24,629 |
|
24,629 |
| Directors' Current Accounts |
76,836 |
|
76,984 |
| VAT |
406 |
|
- |
|
101,871 |
|
101,613 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
540 |
|
2,039 |
| Bank Loans & Overdrafts |
22,271 |
|
22,917 |
| Amounts owed to related parties |
382,597 |
|
270,378 |
| PAYE & Social Security |
9,419 |
|
4,024 |
| Accrued Expenses |
1,670 |
|
1,070 |
| Other Creditors |
6,160 |
|
10,355 |
| VAT |
- |
|
30,655 |
|
422,657 |
|
341,438 |
|
| 6. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Other Creditors |
- |
|
6,160 |
|
- |
|
6,160 |
|
| 7. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
1
Class A share of £1.00 each |
1 |
|
1 |
|
200,000
Preference Shares shares of £1.00 each |
200,000 |
|
200,000 |
|
200,001 |
|
200,001 |
|
| 8. |
Related Party Transactions
Hub Productions Limited
Hub Productions Ltd is a company controlled by Mr David Hunstone, a director and the ultimate controlling party of the company.
During the year Hub Productions Ltd made further interest-free advances to the company of £247,199 (2024: £100,200), principally payments of the company's payroll and related costs together with cash loans, and the company repaid £134,980 (2024: £13,600). At the year end the company owed Hub Productions Ltd £382,597 (2024: £270,378). The loan is interest-free, unsecured and repayable on demand.
|
| 9. |
Directors Advances, Credits and Guarantees
During the year, a repayment of £2,513 was received. Interest at the approved HMRC rate has been applied to the loan. The loan balance at the year end is £76,836, which represents the amount owed by directors to the company at the year end.
|
| 10. |
Ultimate Controlling Party
The company's ultimate controlling party is Mr David Hunstone by virtue of his ownership of 100% of the issued ordinary share capital in the company.
|
2
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