Expose Media Limited 08572082 false 2024-08-01 2025-07-31 2025-07-31 The principal activity of the company is video production activites Digita Accounts Production Advanced 6.30.9574.0 true 08572082 2024-08-01 2025-07-31 08572082 2025-07-31 08572082 bus:Director1 1 2025-07-31 08572082 bus:OrdinaryShareClass1 2025-07-31 08572082 core:HirePurchaseContracts core:CurrentFinancialInstruments 2025-07-31 08572082 core:CurrentFinancialInstruments 2025-07-31 08572082 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 08572082 core:Non-currentFinancialInstruments 2025-07-31 08572082 core:Non-currentFinancialInstruments core:AfterOneYear 2025-07-31 08572082 core:FurnitureFittingsToolsEquipment 2025-07-31 08572082 core:LandBuildings 2025-07-31 08572082 core:MotorVehicles 2025-07-31 08572082 bus:SmallEntities 2024-08-01 2025-07-31 08572082 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 08572082 bus:FilletedAccounts 2024-08-01 2025-07-31 08572082 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 08572082 bus:RegisteredOffice 2024-08-01 2025-07-31 08572082 bus:Director1 2024-08-01 2025-07-31 08572082 bus:Director1 1 2024-08-01 2025-07-31 08572082 bus:OrdinaryShareClass1 2024-08-01 2025-07-31 08572082 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 08572082 bus:Agent1 2024-08-01 2025-07-31 08572082 core:FurnitureFittings 2024-08-01 2025-07-31 08572082 core:FurnitureFittingsToolsEquipment 2024-08-01 2025-07-31 08572082 core:LandBuildings 2024-08-01 2025-07-31 08572082 core:MotorVehicles 2024-08-01 2025-07-31 08572082 core:OfficeEquipment 2024-08-01 2025-07-31 08572082 core:PlantMachinery 2024-08-01 2025-07-31 08572082 countries:AllCountries 2024-08-01 2025-07-31 08572082 2024-07-31 08572082 bus:Director1 1 2024-07-31 08572082 core:FurnitureFittingsToolsEquipment 2024-07-31 08572082 core:LandBuildings 2024-07-31 08572082 core:MotorVehicles 2024-07-31 08572082 2023-08-01 2024-07-31 08572082 2024-07-31 08572082 bus:Director1 1 2024-07-31 08572082 bus:OrdinaryShareClass1 2024-07-31 08572082 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-07-31 08572082 core:CurrentFinancialInstruments 2024-07-31 08572082 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 08572082 core:Non-currentFinancialInstruments 2024-07-31 08572082 core:Non-currentFinancialInstruments core:AfterOneYear 2024-07-31 08572082 core:FurnitureFittingsToolsEquipment 2024-07-31 08572082 core:LandBuildings 2024-07-31 08572082 core:MotorVehicles 2024-07-31 08572082 bus:Director1 2023-08-01 2024-07-31 08572082 bus:Director1 1 2023-08-01 2024-07-31 08572082 bus:Director1 1 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08572082

Expose Media Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

Expose Media Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 9

Expose Media Limited

Company Information

Director | Mr J Osborne

Registered office | 7 James Way Bletchley Milton Keynes MK1 1SU

Accountants | Mr Phil Milton trading as Milton Accountancy Services 24 Cranborne Avenue Westcroft Milton Keynes MK4 4BH

Expose Media Limited

(Registration number: 08572082)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 64,807 | 86,943
Current assets |  |  |
Debtors | 5 | 60,335 | 150,418
Cash at bank and in hand |  | 443 | 15,234
|  | 60,778 | 165,652
Creditors: Amounts falling due within one year | 6 | (217,454) | (210,185)
Net current liabilities |  | (156,676) | (44,533)
Total assets less current liabilities |  | (91,869) | 42,410
Creditors: Amounts falling due after more than one year | 6 | (34,939) | (37,118)
Net (liabilities)/assets |  | (126,808) | 5,292
Capital and reserves |  |  |
Called up share capital | 7 | 1 | 1
Retained earnings |  | (126,809) | 5,291
Shareholders' (deficit)/funds |  | (126,808) | 5,292

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 July 2026

......................................... Mr J Osborne Director

Expose Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
7 James Way
Bletchley
Milton Keynes
MK1 1SU

These financial statements were authorised for issue by the director on 7 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Short leasehold | 25% reducing balance
Plant and machinery | 25% reducing balance
Fixtures and fittings | 25% reducing balance

Expose Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Motor vehicles | 25% straight line
Office equipment | 25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Expose Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2024 - 3).

Expose Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 August 2024 | 12,042 | 75,364 | 64,376 | 151,782
Additions | 10,743 | 2,768 | - | 13,511
Disposals | (9,654) | (29,207) | - | (38,861)
At 31 July 2025 | 13,131 | 48,925 | 64,376 | 126,432
Depreciation
At 1 August 2024 | 4,402 | 44,343 | 16,094 | 64,839
Charge for the year | 4,596 | 8,448 | 12,071 | 25,115
Eliminated on disposal | (4,486) | (23,843) | - | (28,329)
At 31 July 2025 | 4,512 | 28,948 | 28,165 | 61,625
Carrying amount
At 31 July 2025 | 8,619 | 19,977 | 36,211 | 64,807
At 31 July 2024 | 7,640 | 31,021 | 48,282 | 86,943

Included within the net book value of land and buildings above is £8,619 (2024 - £7,640) in respect of short leasehold land and buildings.

5 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 14,594 | 93,099
Amounts owed by related parties | 10 | 27,114 | 12,093
Other debtors |  | 18,627 | 45,226
|  | 60,335 | 150,418

Expose Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 164,972 | 140,897
Trade creditors |  | 5,675 | 26,627
Taxation and social security |  | 43,868 | 33,447
Accruals and deferred income |  | - | 2,183
Other creditors |  | 2,939 | 7,031
|  | 217,454 | 210,185

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £64,878 (2023 - £nil).

Expose Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 34,939 | 37,118

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary £1 share of £1 each | 1 | 1 | 1 | 1

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 34,939 | 37,118

Current loans and borrowings

| 2025 £ | 2024 £
Bank overdrafts | 35,436 | -
Hire purchase contracts | 64,662 | 74,697
Other borrowings | 64,874 | 66,200
| 164,972 | 140,897

9 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Interim dividend of £Nil (2024 - £26,520.00) per ordinary share |  | - |  | 26,520

Expose Media Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

10 | Related party transactions

Transactions with the director

2025 | At 1 August 2024 £ | Advances to director £ | At 31 July 2025 £
Mr J Osborne
Interest free loan | (12,093) | (15,021) | (27,114)

2024 | At 1 August 2023 £ | Repayments by director £ | At 31 July 2024 £
Mr J Osborne
Interest free loan | (26,513) | 14,420 | (12,093)