United Authors Publishing Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07279146 (England and Wales)

Financial Statements

for the Year Ended 30 June 2019

for

UNITED AUTHORS PUBLISHING LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

D Kieran

J Mitchinson

J Pollard

T L Saxton

C Sander

Esprit Capital Partners LLP

SECRETARY:

T L Saxton

REGISTERED OFFICE:

Mutual House

70 Conduit Street

London

W1S 2GF

REGISTERED NUMBER:

07279146 (England and Wales)

ACCOUNTANTS:

Pembroke Briggs Chartered Accountants

1a The Quadrant Courtyard

Quadrant Way

Weybridge

Surrey

KT13 8DR

FIXED ASSETS

Tangible assets

4

19,945

32,017

CURRENT ASSETS

Stocks

164,809

6,979

Debtors

590,681

550,332

Cash at bank and in hand

277,799

1,288,467

1,033,289

1,845,778

CREDITORS

Amounts falling due within one year

3,117,814

2,542,379

NET CURRENT LIABILITIES

(2,084,525

)

(696,601

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,064,580

)

(664,584

)

CAPITAL AND RESERVES

Called up share capital

2,945

2,861

Share premium

6,041,548

5,636,593

Retained earnings

(8,109,073

)

(6,304,038

)

SHAREHOLDERS' FUNDS

(2,064,580

)

(664,584

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 September 2019 and were signed on its behalf by:

D Kieran - Director

1.	STATUTORY INFORMATION

United Authors Publishing 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

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions

payable to the company's pension scheme are charged to profit or loss in the period

to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2018 - 42 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2018

220,690

Additions

10,544

Disposals

(168,899

)

At 30 June 2019

62,335

DEPRECIATION

At 1 July 2018

188,673

Charge for year

20,147

Eliminated on disposal

(166,430

)

At 30 June 2019

42,390

NET BOOK VALUE

At 30 June 2019

19,945

At 30 June 2018

32,017

The following reproduces the text of the report prepared for the directors in respect

of the company's annual unaudited financial statements. In accordance with the

Companies Act 2006, the company is only required to file a Balance Sheet. Readers

are cautioned that the Income Statement and certain other primary statements and

the Report of the Directors are not required to be filed with the Registrar of

Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2019 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Pembroke Briggs Chartered Accountants

1a The Quadrant Courtyard

Quadrant Way

Weybridge

Surrey

KT13 8DR

Date: .............................................