Company Registration No. 10965390 (England and Wales)
SAVOCA MEDIA LTD
Accounts
for the period from 1 October 2019 to 31 December 2019
SAVOCA MEDIA LTD
Accounts
Contents
SAVOCA MEDIA LTD
Company Information
for the period from 1 October 2019 to 31 December 2019
Company Number
10965390 (England and Wales)
Registered Office
NWMS CENTER 31 SOUTHAMPTON ROW
OFFICE 3.11, 3RD FLOOR
LONDON
WC1B 5HJ
ENGLAND
SAVOCA MEDIA LTD
Statement of financial position
as at
31 December 2019
Cash at bank and in hand
164,058
128,665
Creditors: amounts falling due within one year
(371,274)
(196,397)
Net current assets
101,304
44,025
Net assets
101,304
44,025
Called up share capital
100
-
Profit and loss account
101,204
44,025
Shareholders' funds
101,304
44,025
For the period ending 31 December 2019 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2020 and were signed on its behalf by
Jasmine Perkins
Director
Company Registration No. 10965390
SAVOCA MEDIA LTD
Notes to the Accounts
for the period from 1 October 2019 to 31 December 2019
SAVOCA MEDIA LTD is a private company, limited by shares, registered in England and Wales, registration number 10965390. The registered office is NWMS CENTER 31 SOUTHAMPTON ROW, OFFICE 3.11, 3RD FLOOR, LONDON, WC1B 5HJ, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Debtors
31/12/2019
30/09/2019
Trade debtors
308,420
111,798
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Creditors: amounts falling due within one year
31/12/2019
30/09/2019
Trade creditors
279,342
165,231
Taxes and social security
20,312
5,914
SAVOCA MEDIA LTD
Notes to the Accounts
for the period from 1 October 2019 to 31 December 2019
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Share capital
31/12/2019
30/09/2019
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the period the average number of employees was 0 (30/09/2019: 0).