TAPMEDIA LTD

TAPMEDIA LTD

TAPMEDIA LTD - Company Information

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TAPMEDIA LTD

Company Registration Number:
07122310 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

TAPMEDIA LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

TAPMEDIA LTD

Balance sheet

As at 31 January 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 17,852 14,714
Total fixed assets: 17,852 14,714
Current assets
Stocks: 3,044 3,216
Debtors: 4 1,431,121 1,485,233
Cash at bank and in hand: 10,728,268 6,461,547
Total current assets: 12,162,433 7,949,996
Creditors: amounts falling due within one year: 5 (1,227,938) (830,969)
Net current assets (liabilities): 10,934,495 7,119,027
Total assets less current liabilities: 10,952,347 7,133,741
Total net assets (liabilities): 10,952,347 7,133,741
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 10,952,247 7,133,641
Shareholders funds: 10,952,347 7,133,741

The notes form part of these financial statements

TAPMEDIA LTD

Balance sheet statements

For the year ending 31 January 2023 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 10 October 2023
and signed on behalf of the board by:

Name: James Connolly
Status: Director

The notes form part of these financial statements

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

1. Accounting policies

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

Turnover policy

Turnover represents the invoiced value of goods and services supplied by the company net of Value Added Tax and trade discounts

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates to write off the assets over their estimated useful lives.

Other accounting policies

Dividends are recognised on the date that the right to receive payment has been established.Research and Development expenditure is written off in the year in which the expenditure is incurred.

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 2022
Average number of employees during the period 5 5

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible Assets

Total
Cost £
At 01 February 2022 39,536
Additions 10,382
At 31 January 2023 49,918
Depreciation
At 01 February 2022 24,822
Charge for year 7,244
At 31 January 2023 32,066
Net book value
At 31 January 2023 17,852
At 31 January 2022 14,714

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Creditors: amounts falling due within one year note

Creditors - amounts falling due within one year: £1,227,938

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

6. Loans to directors

Name of director receiving advance or credit: A S Connolly
Description of the loan: .
£
Balance at 01 February 2022 711,927
Advances or credits repaid: 711,927
Balance at 31 January 2023 0
Name of director receiving advance or credit: T A Connolly
Description of the loan: 0
£
Balance at 01 February 2022 0
Advances or credits made: 16,877
Balance at 31 January 2023 16,877
Name of director receiving advance or credit: A S Connolly
Description of the loan: Loan to shareholder
£
Balance at 01 February 2022 711,927
Advances or credits repaid: 711,927
Balance at 31 January 2023 0
Name of director receiving advance or credit: T A Connolly
Description of the loan: Loan to shareholder
£
Balance at 01 February 2022 0
Advances or credits made: 16,877
Balance at 31 January 2023 16,877