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

REGISTERED NUMBER: 05282730 (England and Wales)

CAMDEN MEDIA LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L Irvine-Scott

SECRETARY:

Mrs C Irvine-Scott

REGISTERED OFFICE:

44 Ridgeway

Weston Favell

Northampton

NN3 3AN

REGISTERED NUMBER:

05282730 (England and Wales)

ACCOUNTANTS:

N J Churcher Limited

Chartered Tax Advisers

44 Ridgeway

Weston Favell

Northampton

Northamptonshire

NN3 3AN

FIXED ASSETS

Tangible assets

4

7,152

7,756

CURRENT ASSETS

Debtors

5

11,587

19,381

Cash at bank

3,245

6,129

14,832

25,510

CREDITORS

Amounts falling due within one year

6

21,873

30,219

NET CURRENT LIABILITIES

(7,041

)

(4,709

)

TOTAL ASSETS LESS CURRENT LIABILITIES

111

3,047

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

109

3,045

SHAREHOLDERS' FUNDS

111

3,047

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

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

The director acknowledges his 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 director on 5 August 2019 and were signed by:

L Irvine-Scott - Director

1.	STATUTORY INFORMATION

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

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.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2017

15,524

Additions

1,779

At 30 November 2018

17,303

DEPRECIATION

At 1 December 2017

7,768

Charge for year

2,383

At 30 November 2018

10,151

NET BOOK VALUE

At 30 November 2018

7,152

At 30 November 2017

7,756

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

7,500

12,450

Other debtors

4,087

6,931

11,587

19,381

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Hire purchase contracts

-

1,204

Taxation and social security

21,002

27,700

Other creditors

871

1,315

21,873

30,219