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Company Registration No. 03683874 (England and Wales)
Waverley Media Ltd Unaudited accounts for the year ended 31 January 2026
Waverley Media Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Waverley Media Ltd Company Information for the year ended 31 January 2026
Directors
Timothy Lowe John Brown Victoria Dunlop Natasja Lowe
Company Number
03683874 (England and Wales)
Registered Office
Waverley Farm Waverley Lane Farnham Surrey GU9 8EP
Accountants
FIRESTONE ACCOUNTANTS LIMITED Antrobus House 18 College Street Petersfield Hampshire GU31 4AD
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Waverley Media Ltd Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,188 
2,310 
Current assets
Inventories
500 
500 
Debtors
5
1,276,442 
1,024,875 
Cash at bank and in hand
550,348 
625,455 
1,827,290 
1,650,830 
Creditors: amounts falling due within one year
6
(442,135)
(471,153)
Net current assets
1,385,155 
1,179,677 
Total assets less current liabilities
1,387,343 
1,181,987 
Provisions for liabilities
Other provisions
7
(996,552)
(796,023)
Net assets
390,791 
385,964 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
389,791 
384,964 
Shareholders' funds
390,791 
385,964 
For the year ending 31 January 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 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 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 of Directors and authorised for issue on 30 October 2026 and were signed on its behalf by
Timothy Lowe Director Company Registration No. 03683874
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Waverley Media Ltd Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Waverley Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 03683874. The registered office is Waverley Farm, Waverley Lane, Farnham, Surrey, GU9 8EP.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% SL
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign exchange
Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Pension costs
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.
- 5 -
Waverley Media Ltd Notes to the Accounts for the year ended 31 January 2026
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2025
52,296 
Additions
1,012 
At 31 January 2026
53,308 
Depreciation
At 1 February 2025
49,986 
Charge for the year
1,134 
At 31 January 2026
51,120 
Net book value
At 31 January 2026
2,188 
At 31 January 2025
2,310 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
11,611 
- 
Accrued income and prepayments
619,623 
6,289 
Other debtors
645,208 
1,018,586 
1,276,442 
1,024,875 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Trade creditors
21,829 
21,963 
Taxes and social security
86,818 
85,467 
Other creditors
22,466 
19,053 
Loans from directors
19,050 
19,988 
Accruals
291,972 
324,682 
442,135 
471,153 
7
Provisions for liabilities
£ 
At 1 February 2025
796,023 
Additional provisions made during the period
200,529 
At 31 January 2026
996,552 
8
Operating lease commitments
2026 
2025 
£ 
£ 
At 31 January 2026 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
88,830 
114,830 
- 6 -
Waverley Media Ltd Notes to the Accounts for the year ended 31 January 2026
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Advances to directors
883,176 
549,718 
925,328 
507,566 
883,176 
549,718 
925,328 
507,566 
Other debtors includes the above advances to directors, repayable on demand.
10
Average number of employees
During the year the average number of employees was 5 (2025: 5).
- 7 -