Registered Number 07568653
METROPOLIS DIGITAL MEDIA LTD
Abbreviated Accounts
30 March 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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( |
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Total assets less current liabilities |
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( |
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Creditors: amounts falling due after more than one year |
( |
( |
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Total net assets (liabilities) |
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( |
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Capital and reserves | |||
Called up share capital |
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Share premium account |
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Profit and loss account |
( |
( |
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Shareholders' funds |
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( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and machinery 25% reducing balance
Other accounting policies
Subsequent to the year end the company raised £810,581 through the issue of ordinary share capital. The directors remain confident that additional funding can be secured, if required, to support the further or accelerated expansion of the business, either by way of new share issues or borrowing. Consequently, the accounts have been prepared on a going concern basis.
£ | |
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Cost | |
At 31 March 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 March 2016 |
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Depreciation | |
At 31 March 2015 |
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Charge for the year |
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On disposals |
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At 30 March 2016 |
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Net book values | |
At 30 March 2016 | 393,053 |
At 30 March 2015 | 7,804 |