Company Registration No. 02628754 (England and Wales)
C N Media Limited
Unaudited accounts
for the year ended 31 March 2022
C N Media Limited
Unaudited accounts
Contents
C N Media Limited
Company Information
for the year ended 31 March 2022
Directors
Dawn Eleanor Daly
Andrew James Llewellyn Moulden
Paul Austin Moulden
Company Number
02628754 (England and Wales)
Registered Office
29 Elms Road
Leicester
LE2 3JD
C N Media Limited
Statement of financial position
as at 31 March 2022
Tangible assets
220,037
220,050
Investments
653,804
455,255
Cash at bank and in hand
39,920
110,989
Creditors: amounts falling due within one year
(16,882)
(5,914)
Net current assets
23,038
105,746
Net assets
896,879
781,051
Called up share capital
5,900
5,900
Revaluation reserve
162,754
162,754
Profit and loss account
724,125
608,297
Shareholders' funds
896,879
781,051
For the year ending 31 March 2022 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 19 July 2022 and were signed on its behalf by
Andrew James Llewellyn Moulden
Director
Company Registration No. 02628754
C N Media Limited
Notes to the Accounts
for the year ended 31 March 2022
C N Media Limited is a private company, limited by shares, registered in England and Wales, registration number 02628754. The registered office is 29 Elms Road, Leicester, LE2 3JD.
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.
These financial statements for the year ended
31 March 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note
9 below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are included at fair value.
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:
Other tangible fixed assets
No Depreciation
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2021
220,000
563
220,563
At 31 March 2022
220,000
563
220,563
Charge for the year
-
13
13
At 31 March 2022
-
526
526
At 31 March 2022
220,000
37
220,037
At 31 March 2021
220,000
50
220,050
C N Media Limited
Notes to the Accounts
for the year ended 31 March 2022
5
Investments
Other investments
Valuation at 1 April 2021
455,255
Fair value adjustments
198,549
Valuation at 31 March 2022
653,804
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
15,592
4,624
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
9
Reconciliations on adoption of FRS 102
