|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31st August 2018 |
|
for |
|
Screen & Media Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31st August 2018 |
|
for |
|
Screen & Media Limited |
Screen & Media Limited (Registered number: 06664366) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the year ended 31st August 2018 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
Screen & Media Limited |
|
Company Information |
for the year ended 31st August 2018 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Certified Accountants |
Black Bull House |
353-355 Station Road |
Bamber Bridge |
Preston |
Lancashire |
PR5 6EE |
Screen & Media Limited (Registered number: 06664366) |
|
Balance Sheet |
31st August 2018 |
|
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
|
PROVISIONS FOR LIABILITIES |
|
( |
) |
NET (LIABILITIES)/ASSETS | ( |
) |
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings | ( |
) |
|
SHAREHOLDERS' FUNDS | ( |
) |
|
|
|
|
|
|
The director acknowledges his responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006
and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
Screen & Media Limited (Registered number: 06664366) |
|
Balance Sheet - continued |
31st August 2018 |
|
|
|
The financial statements were approved by the director on
|
|
|
|
|
|
|
|
Screen & Media Limited (Registered number: 06664366) |
|
Notes to the Financial Statements |
for the year ended 31st August 2018 |
|
1. | STATUTORY INFORMATION |
|
Screen & Media Limited is a
|
registered number and registered office address can be found on the Company Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added |
tax and other sales taxes. |
|
Tangible fixed assets |
|
Plant and machinery etc | - |
|
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent |
that it relates to items recognised in other comprehensive income or directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively |
enacted by the balance sheet date. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in |
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted |
or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be |
recovered against the reversal of deferred tax liabilities or other future taxable profits. |
|
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
|
Going concern |
At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the |
director that they will continue to give financial support to the company for the twelve months from the date of signing |
these financial accounts. |
|
On this basis, the director considers it appropriate to prepare the accounts on a going concern basis. However, should the |
financial support mentioned above not be forthcoming, the going concern basis used in the preparing the company's |
accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and |
provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or |
liabilities that might be necessary should this basis not continue to be appropriate. |
Screen & Media Limited (Registered number: 06664366) |
|
Notes to the Financial Statements - continued |
for the year ended 31st August 2018 |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1st September 2017 |
|
Additions |
|
At 31st August 2018 |
|
DEPRECIATION |
At 1st September 2017 |
|
Charge for year |
|
At 31st August 2018 |
|
NET BOOK VALUE |
At 31st August 2018 |
|
At 31st August 2017 |
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade debtors |
|
|
Tax |
|
|
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Tax |
|
|
VAT | 4,575 | 5,576 |
Directors' loan accounts | 4,788 | 462 |
Accrued expenses |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2018 | 2017 |
£ | £ |
Directors loan account |
|
|
Screen & Media Limited (Registered number: 06664366) |
|
Notes to the Financial Statements - continued |
for the year ended 31st August 2018 |
|
8. | RELATED PARTY DISCLOSURES |
|
The director has loaned the company money on which no interest is charged, by agreement. The balance outstanding at the |
accounting period end was £19,788 (2017 - £9,462) of which £4,788 (2017 - £462) is included in creditors due within |
twelve months and £15,000 (2017 - £9,000) is included in creditors due after more than one year. |
|
9. | ULTIMATE CONTROLLING PARTY |
|
The controlling party is S J Galland. |