Accounts filed on 31-12-2018

---

			Company registration number:			02771264
SPOKEN WORD LIMITED
REPORT OF THE DIRECTOR'S AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2018

---

SPOKEN WORD LIMITED
BALANCE SHEET
AS AT 31 December 2018
					2018				2017
				Notes	£		£		£		£
FIXED ASSETS
Tangible assets				3			433,407				432,630
							433,407				432,630
CURRENT ASSETS
Debtors					43,238				43,866
Cash at bank and in hand					478,685				322,252
					521,923				366,118
CREDITORS
Amounts falling due within one year					(52,671)				(41,438)
NET CURRENT ASSETS							469,252				324,680
TOTAL ASSETS LESS
CURRENT LIABILITIES							902,659				757,310
NET ASSETS							902,659				757,310
CAPITAL AND RESERVES
Called-up equity share capital							2,000				2,000
Profit and loss account							900,659				755,310
SHAREHOLDERS FUNDS							902,659				757,310
For the year ending 31 December 2018 the company was entitled to exemption 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 22 February 2019 and signed on its behalf.
All members have consented to the preparation of these abridged financial statements.
..........................................................................
Adrienne Frances Tipper
22 February 2019
The annexed notes form part of these financial statements.

---

SPOKEN WORD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018

1.

Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Fixed Assets

Tangible fixed assets are stated at cost less depreciation. Depreciation i provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures and Fittings - 33 % per annum of cost

Pension Scheme

The company operates a defined contribution pension scheme, and the pension charge represents the amounts payable by the company to the fund in respect of the year.

2.

Employees

The average number of persons employed by the company (including directors during the year was 1 (2017 : 1).

3.	Tangible fixed assets
				Total
	Cost
	At start of period			448,163
	Additions			1,705
	At end of period			449,868
	Depreciation
	At start of period			15,533
	Provided during the period			928
	At end of period			16,461
	Net Book Value
	At start of period			432,630
	At end of period			433,407

4.

Directors' advances, credits and guarantees

At 31 December 2018, the director was owed £0 (2017 - £36) by the company in the form of an interest free loan that is repayable without interest.