Clairbourne Media Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08881289 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2018

for

CLAIRBOURNE MEDIA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K J Yau

C M Gage

SECRETARY:

L K Macara

REGISTERED OFFICE:

3rd Floor

14 Floral Street

London

WC2E 9DH

REGISTERED NUMBER:

08881289 (England and Wales)

ACCOUNTANTS:

Shipleys LLP

Chartered Accountants

5 Godalming Business Centre

Woolsack Way

Godalming

Surrey

GU7 1XW

CURRENT ASSETS

Stocks

135,896

116,392

Debtors

3

475

446

Cash at bank

224

9,170

136,595

126,008

CREDITORS

Amounts falling due within one year

4

19,357

2,043

NET CURRENT ASSETS

117,238

123,965

TOTAL ASSETS LESS CURRENT
LIABILITIES

117,238

123,965

CAPITAL AND RESERVES

Called up share capital

5

141,849

Retained earnings

(24,611

)

(17,884

)

SHAREHOLDERS' FUNDS

117,238

123,965

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 17 April 2019 and were signed on its behalf by:

K J Yau - Director

1.	STATUTORY INFORMATION

Clairbourne Media Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts are prepared in Sterling, which is the functional and presentational currency of the entity.

Stocks

Stock is stated at the lower of cost and net realisable value. Costs comprise expenditure in respect of the

development and production of television programs or films. Net realisable value is the expected selling price or

other cumulative income stream that is prudently anticipated from a program after taking account of costs of

completion and bringing it to market.

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.

Foreign currencies

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 rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Other debtors

475

446

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Trade creditors

7,258

70

Other creditors

12,099

1,973

19,357

2,043

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

141,848

A Ordinary

£1.00

141,848

1

B Ordinary

£1.00

1

141,849

Details of the various share rights attached to each type of share capital is included in the Articles of Association.

6.	OTHER FINANCIAL COMMITMENTS

As at the reporting date, the company had no financial or other commitments or contracts for capital expenditure

in place (2017: £nil).

7.	RELATED PARTY DISCLOSURES

No transactions were undertaken with related parties as such that are required to be disclosed under FRS 102

(Section 1A).

Clairbourne Media Limited - Accounts to registrar (filleted) - small 18.2

Clairbourne Media Limited - Accounts to registrar (filleted) - small 18.2