The Digital Media Factory Limited
|
Registered number: |
07947913
|
Abbreviated Balance Sheet |
as at 31 January 2016
|
|
|
Notes |
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
8,754 |
|
|
11,171 |
|
Current assets |
Debtors |
0 |
|
2,899 |
|
|
506 |
Cash at bank and in hand |
|
|
5,653 |
|
|
4,394 |
|
|
|
8,552 |
|
|
4,900 |
|
Creditors: amounts falling due within one year |
|
|
(29,661) |
|
|
(32,568) |
|
Net current liabilities |
|
|
|
(21,109) |
|
|
(27,668) |
|
Net liabilities |
|
|
|
-12355
|
|
|
-16497
|
|
|
|
|
|
|
|
|
Capital and reserves |
Profit and loss account |
|
|
|
(12,355) |
|
|
(16,497) |
|
Shareholders' funds |
|
|
|
-12355
|
|
|
-16497
|
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
……………………………………… |
C McGee |
Director |
Approved by the board on 18 May 2016
|
|
The Digital Media Factory Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 January 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Improvements to premises |
25% reducing balance |
|
Equipment, fixtures and fittings |
25% reducing balance
|
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 February 2015 |
25,986 |
|
Additions |
500 |
|
At 31 January 2016 |
26,486 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2015 |
14,815 |
|
Charge for the year |
2,917 |
|
At 31 January 2016 |
17,732 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2016 |
8,754 |
|
At 31 January 2015 |
11,171 |