FLAGSHIP MEDIA GROUP LTD

FLAGSHIP MEDIA GROUP LTD

FLAGSHIP MEDIA GROUP LTD - Company Information

Print Friendly Version

FLAGSHIP MEDIA GROUP LTD

Company Registration Number:
NI030646 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 June 2022

Period of accounts

Start date: 01 July 2021

End date: 30 June 2022

FLAGSHIP MEDIA GROUP LTD

Contents of the Financial Statements

for the Period Ended 30 June 2022

Balance sheet
Notes

FLAGSHIP MEDIA GROUP LTD

Balance sheet

As at 30 June 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 1,807,845 1,156,894
Total fixed assets: 1,807,845 1,156,894
Current assets
Debtors:   98,921 12,790
Cash at bank and in hand: 84,215 486,082
Total current assets: 183,136 498,872
Creditors: amounts falling due within one year: 4 (1,375,565) (486,619)
Net current assets (liabilities): (1,192,429) 12,253
Total assets less current liabilities: 615,416 1,169,147
Creditors: amounts falling due after more than one year:   (55,073) (62,080)
Total net assets (liabilities): 560,343 1,107,067
Capital and reserves
Called up share capital: 10,001 10,001
Profit and loss account: 550,342 1,097,066
Shareholders funds: 560,343 1,107,067

The notes form part of these financial statements

FLAGSHIP MEDIA GROUP LTD

Balance sheet statements

For the year ending 30 June 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 May 2023
and signed on behalf of the board by:

Name: Mr D G Carstairs
Status: Director

The notes form part of these financial statements

FLAGSHIP MEDIA GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FLAGSHIP MEDIA GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

2. Employees

2022 2021
Average number of employees during the period 55 60

FLAGSHIP MEDIA GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

3. Tangible Assets

Total
Cost £
At 01 July 2021 1,885,796
Additions 664,296
At 30 June 2022 2,550,092
Depreciation
At 01 July 2021 728,902
Charge for year 13,345
At 30 June 2022 742,247
Net book value
At 30 June 2022 1,807,845
At 30 June 2021 1,156,894

FLAGSHIP MEDIA GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

4. Creditors: amounts falling due within one year note

Bank of Ireland hold a fixed charge over unit C2, Westbank Business Park, 6 West Bank Drive, Belfast, County Antrim.

FLAGSHIP MEDIA GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

5. Loans to directors

As at 30 June 2022 Mr D G Carstairs (a director of the company) owed the company a total of £659 (2021: the company owed Mr D G Carstairs a total of £3,229). This loan is interest free and repayable on demand.