Media Circle Training Limited

MEDIA CIRCLE TRAINING LIMITED - Company Information

2022-01-012022-12-312022-12-31false03902613Media Circle Training Limited2023-09-2274909iso4217:GBPxbrli:pure039026132022-01-01039026132022-12-31039026132022-01-012022-12-31039026132021-01-01039026132021-12-31039026132021-01-012021-12-3103902613bus:SmallEntities2022-01-012022-12-3103902613bus:AuditExempt-NoAccountantsReport2022-01-012022-12-3103902613bus:FullAccounts2022-01-012022-12-3103902613bus:CompanyLimitedByGuarantee2022-01-012022-12-3103902613core:WithinOneYear2022-12-3103902613core:AfterOneYear2022-12-3103902613core:WithinOneYear2021-12-3103902613core:AfterOneYear2021-12-3103902613core:ShareCapital2022-12-3103902613core:SharePremium2022-12-3103902613core:RevaluationReserve2022-12-3103902613core:OtherReservesSubtotal2022-12-3103902613core:RetainedEarningsAccumulatedLosses2022-12-3103902613core:ShareCapital2021-12-3103902613core:SharePremium2021-12-3103902613core:RevaluationReserve2021-12-3103902613core:OtherReservesSubtotal2021-12-3103902613core:RetainedEarningsAccumulatedLosses2021-12-3103902613core:LandBuildings2022-12-3103902613core:PlantMachinery2022-12-3103902613core:Vehicles2022-12-3103902613core:FurnitureFittings2022-12-3103902613core:OfficeEquipment2022-12-3103902613core:NetGoodwill2022-12-3103902613core:IntangibleAssetsOtherThanGoodwill2022-12-3103902613core:ListedExchangeTraded2022-12-3103902613core:UnlistedNon-exchangeTraded2022-12-3103902613core:LandBuildings2021-12-3103902613core:PlantMachinery2021-12-3103902613core:Vehicles2021-12-3103902613core:FurnitureFittings2021-12-3103902613core:OfficeEquipment2021-12-3103902613core:NetGoodwill2021-12-3103902613core:IntangibleAssetsOtherThanGoodwill2021-12-3103902613core:ListedExchangeTraded2021-12-3103902613core:UnlistedNon-exchangeTraded2021-12-3103902613core:LandBuildings2022-01-012022-12-3103902613core:PlantMachinery2022-01-012022-12-3103902613core:Vehicles2022-01-012022-12-3103902613core:FurnitureFittings2022-01-012022-12-3103902613core:OfficeEquipment2022-01-012022-12-3103902613core:NetGoodwill2022-01-012022-12-3103902613core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3103902613core:ListedExchangeTraded2022-01-012022-12-3103902613core:UnlistedNon-exchangeTraded2022-01-012022-12-3103902613core:MoreThanFiveYears2022-01-012022-12-3103902613core:Non-currentFinancialInstruments2022-12-3103902613core:Non-currentFinancialInstruments2021-12-3103902613dpl:CostSales2022-01-012022-12-3103902613dpl:DistributionCosts2022-01-012022-12-3103902613dpl:AdministrativeExpenses2022-01-012022-12-3103902613core:LandBuildings2022-01-012022-12-3103902613core:PlantMachinery2022-01-012022-12-3103902613core:Vehicles2022-01-012022-12-3103902613core:FurnitureFittings2022-01-012022-12-3103902613core:OfficeEquipment2022-01-012022-12-3103902613core:NetGoodwill2022-01-012022-12-3103902613core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3103902613dpl:GroupUndertakings2022-01-012022-12-3103902613dpl:ParticipatingInterests2022-01-012022-12-3103902613dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3103902613core:ListedExchangeTraded2022-01-012022-12-3103902613dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3103902613core:UnlistedNon-exchangeTraded2022-01-012022-12-3103902613dpl:CostSales2021-01-012021-12-3103902613dpl:DistributionCosts2021-01-012021-12-3103902613dpl:AdministrativeExpenses2021-01-012021-12-3103902613core:LandBuildings2021-01-012021-12-3103902613core:PlantMachinery2021-01-012021-12-3103902613core:Vehicles2021-01-012021-12-3103902613core:FurnitureFittings2021-01-012021-12-3103902613core:OfficeEquipment2021-01-012021-12-3103902613core:NetGoodwill2021-01-012021-12-3103902613core:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-3103902613dpl:GroupUndertakings2021-01-012021-12-3103902613dpl:ParticipatingInterests2021-01-012021-12-3103902613dpl:GroupUndertakingscore:ListedExchangeTraded2021-01-012021-12-3103902613core:ListedExchangeTraded2021-01-012021-12-3103902613dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-01-012021-12-3103902613core:UnlistedNon-exchangeTraded2021-01-012021-12-3103902613core:NetGoodwill2022-12-3103902613core:IntangibleAssetsOtherThanGoodwill2022-12-3103902613core:LandBuildings2022-12-3103902613core:PlantMachinery2022-12-3103902613core:Vehicles2022-12-3103902613core:FurnitureFittings2022-12-3103902613core:OfficeEquipment2022-12-3103902613core:AfterOneYear2022-12-3103902613core:WithinOneYear2022-12-3103902613core:ListedExchangeTraded2022-12-3103902613core:UnlistedNon-exchangeTraded2022-12-3103902613core:ShareCapital2022-12-3103902613core:SharePremium2022-12-3103902613core:RevaluationReserve2022-12-3103902613core:OtherReservesSubtotal2022-12-3103902613core:RetainedEarningsAccumulatedLosses2022-12-3103902613core:NetGoodwill2021-12-3103902613core:IntangibleAssetsOtherThanGoodwill2021-12-3103902613core:LandBuildings2021-12-3103902613core:PlantMachinery2021-12-3103902613core:Vehicles2021-12-3103902613core:FurnitureFittings2021-12-3103902613core:OfficeEquipment2021-12-3103902613core:AfterOneYear2021-12-3103902613core:WithinOneYear2021-12-3103902613core:List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Registered Number
03902613
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2022

Media Circle Training Limited

Company Information
for the year from 1 January 2022 to 31 December 2022


Directors	MICHAEL, Alexander Harry Law
	MICHAEL, Elizabeth Rosemary


Company Secretary	Thrings Company Secretarial Limited


Registered Address	C/O Thrings Llp 6 Drakes Meadow
	Penny Lane
	Swindon
	SN3 3LL


Registered Number	03902613 (England and Wales)

Media Circle Training Limited

Balance Sheet as at
31 December 2022

	Notes	2022		2021
		£	£	£	£
Current assets
Debtors	6	12,071		29,394
Cash at bank and on hand		17,578		5,681
		29,649		35,075
Creditors amounts falling due within one year	7	(7,756)		(23,650)
Net current assets (liabilities)			21,893		11,425
Total assets less current liabilities			21,893		11,425
Net assets			21,893		11,425
Capital and reserves
Profit and loss account			21,893		11,425
Reserves			21,893		11,425

The company was entitled to exemption from audit for this reporting period 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 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 and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 22 September 2023, and are signed on its behalf by:

MICHAEL, Alexander Harry Law
Director
Registered Company No. 03902613

Media Circle Training Limited

Notes to the Financial Statements
for the year ended 31 December 2022

1.	Statutory information
	The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Basis of measurement used in financial statements
	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).

4.	Accounting policies

	Turnover policy
	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 rendering of services.

	Revenue recognition policy
	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.

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

5.	Employee information
	Average number of persons employed by the company, including directors.


		2022		2021
	Average number of employees during the year	1		1

6.	Debtors

	2022	2021
	£	£
Trade debtors / trade receivables	7,944	27,630
Other debtors	3,039	676
Prepayments and accrued income	1,088	1,088
Total	12,071	29,394


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

7.	Creditors within one year

	2022	2021
	£	£
Trade creditors / trade payables	3,519	20,413
Taxation and social security	237	237
Other creditors	800	-
Accrued liabilities and deferred income	3,200	3,000
Total	7,756	23,650


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.