E1 Media Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 10337047 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

E1 Media Ltd

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr NJ Tearle

REGISTERED OFFICE:

73-74 Berwick Street

London

United Kingdom

W1F 8TE

REGISTERED NUMBER:

10337047 (England and Wales)

ACCOUNTANTS:

Finsbury Robinson Limited

237 Westcombe Hill

Blackheath

London

SE3 7DW

FIXED ASSETS

Tangible assets

4

7,876

9,108

CURRENT ASSETS

Debtors

80,449

39,470

Cash at bank

44,406

30,303

124,855

69,773

CREDITORS

Amounts falling due within one year

223,618

170,721

NET CURRENT LIABILITIES

(98,763

)

(100,948

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(90,887

)

(91,840

)

CREDITORS

Amounts falling due after more than one year

46,451

41,667

NET LIABILITIES

(137,338

)

(133,507

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(137,438

)

(133,607

)

(137,338

)

(133,507

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 March 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 December 2022 and were signed by:

Mr NJ Tearle - Director

1.	STATUTORY INFORMATION

E1 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.

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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 8 (2021 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2021

17,279

Additions

1,643

At 31 March 2022

18,922

DEPRECIATION

At 1 April 2021

8,171

Charge for year

2,875

At 31 March 2022

11,046

NET BOOK VALUE

At 31 March 2022

7,876

At 31 March 2021

9,108