Accounts Submission

HPCI MEDIA LIMITED - Company Information

Company Accounts and Tax Online 06716035 Board of Directors 1.1.18 31.12.18 31.12.18 No description of principal activity false iso4217:GBP xbrli:pure 06716035 2017-01-01 2017-12-31 06716035 2018-12-31 06716035 2018-01-01 2018-12-31 06716035 2017-12-31 06716035 countries:EnglandWales 2018-01-01 2018-12-31 06716035 curr:PoundSterling 2018-01-01 2018-12-31 06716035 uk-bus:PrivateLimitedCompanyLtd 2018-01-01 2018-12-31 06716035 uk-bus:FRS102 2018-01-01 2018-12-31 06716035 uk-bus:AuditExempt-NoAccountantsReport 2018-01-01 2018-12-31 06716035 uk-bus:AbridgedAccounts 2018-01-01 2018-12-31 06716035 uk-bus:RegisteredOffice 2018-01-01 2018-12-31 06716035 uk-bus:Director1 2018-01-01 2018-12-31 06716035 uk-bus:Director1 2018-01-01 06716035 uk-bus:Director1 2018-12-31 06716035 core:AfterOneYear 2018-12-31 06716035 core:AfterOneYear 2017-12-31 06716035 core:WithinOneYear 2018-12-31 06716035 core:WithinOneYear 2017-12-31 06716035 core:WithinOneYear 2018-01-01 2018-12-31 06716035 core:AfterOneYear 2018-12-31 06716035 core:AfterOneYear 2017-12-31 06716035 core:AfterOneYear 2018-01-01 2018-12-31 06716035 core:ShareCapital 2018-12-31 06716035 core:ShareCapital 2017-12-31 06716035 core:RevaluationReserve 2018-12-31 06716035 core:RevaluationReserve 2017-12-31 06716035 core:RetainedEarningsAccumulatedLosses 2018-12-31 06716035 core:RetainedEarningsAccumulatedLosses 2017-12-31 06716035 core:Associate1 2018-01-01 2018-12-31 06716035 core:Associate1 2017-12-31 06716035 core:Associate1 2018-12-31 06716035 core:Associate1 2018-01-01 2018-12-31 06716035 1 2018-01-01 2018-12-31

Company Registration Number:
06716035 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

Contents of the Financial Statements

for the Period Ended 31 December 2018


Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 8

Balance sheet

As at 31 December 2018

	Notes	2018 £	2017 £
Fixed assets
Intangible assets:	3	250	250
Tangible assets:	4	14,448	20,589
Total fixed assets:		14,698	20,839
Current assets
Stocks:		0	0
Debtors:		391,329	393,690
Cash at bank and in hand:		1,293,199	1,081,277
Total current assets:		1,684,528	1,474,967
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:		( 1,314,073 )	( 605,724 )
Net current assets (liabilities):		370,455	869,243
Total assets less current liabilities:		385,153	890,082
Creditors: amounts falling due after more than one year:		( 0 )	( 0 )
Provision for liabilities:		( 0 )	( 0 )
Accruals and deferred income:		( 0 )	( 0 )
Total net assets (liabilities):		385,153	890,082

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2018

	Notes	2018 £	2017 £
Capital and reserves
Called up share capital:		1,500	2,000
Revaluation reserve:	5	0	0
Profit and loss account:		383,653	888,082
Shareholders funds:		385,153	890,082

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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 August 2019
And Signed On Behalf Of The Board By:

Name: Michael Harrington
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Dividends

	2018 £	2017 £
Dividends paid	800,000	360,000

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Intangible assets

	Total
Cost	£
At 01 January 2018	250
Additions	0
Disposals	(0)
Revaluations	0
Transfers	0
At 31 December 2018	250
Amortisation
Amortisation at 01 January 2018	0
Charge for year	0
On disposals	(0)
Other adjustments	0
Amortisation at 31 December 2018	0
Net book value
Net book value at 31 December 2018	250
Net book value at 31 December 2017	250

Notes to the Financial Statements

for the Period Ended 31 December 2018

4. Tangible Assets

	Total
Cost	£
At 01 January 2018	61,351
Additions	9,433
Disposals	-
Revaluations	2,321
Transfers	-
At 31 December 2018	73,105
Depreciation
At 01 January 2018	40,762
Charge for year	17,895
On disposals	(0)
Other adjustments	-
At 31 December 2018	58,657
Net book value
At 31 December 2018	14,448
At 31 December 2017	20,589

Notes to the Financial Statements

for the Period Ended 31 December 2018

5. Revaluation reserve

	2018 £
Balance at 01 January 2018	0
Surplus or deficit after revaluation	0
Balance at 31 December 2018	0

Notes to the Financial Statements

for the Period Ended 31 December 2018

6.1.Related party disclosures

Name of related party:	Michael Harrington
Description of relationship:
Director
Description of the transaction:
The company repurchased 500 ordinary shares fromMichael Harrington and the repurchase was funded from distributable reserves for a consideration of £750,000
Balance at 31 December 2018	551,013



Registered office:		Natraj Building 55 Bermondsey Street London SE1 3XG


Company Registration Number:		06716035 (England and Wales)

Accounts Submission