Company Registration No. 03395697 (England and Wales)
African Broadcasting Corporation (ABCTV) Ltd
Unaudited accounts
for the year ended 31 July 2019
African Broadcasting Corporation (ABCTV) Ltd
Unaudited accounts
Contents
African Broadcasting Corporation (ABCTV) Ltd
Company Information
for the year ended 31 July 2019
Company Number
03395697 (England and Wales)
Registered Office
3A Berol Court
25 Ashley Road
Tottenham
London
N17 9LJ
England
African Broadcasting Corporation (ABCTV) Ltd
Statement of financial position
as at 31 July 2019
Tangible assets
37,522
40,436
Cash at bank and in hand
3,720
35,987
Creditors: amounts falling due within one year
(141,080)
(142,475)
Net current liabilities
(37,209)
(73,338)
Total assets less current liabilities
313
(32,902)
Creditors: amounts falling due after more than one year
(1,290,598)
(1,075,611)
Net liabilities
(1,290,285)
(1,108,513)
Called up share capital
200
200
Profit and loss account
(1,290,485)
(1,108,713)
Shareholders' funds
(1,290,285)
(1,108,513)
For the year ending 31 July 2019 the company was entitled to exemption from audit 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 accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 September 2019.
Alistair Soyode
Director
Company Registration No. 03395697
African Broadcasting Corporation (ABCTV) Ltd
Notes to the Accounts
for the year ended 31 July 2019
African Broadcasting Corporation (ABCTV) Ltd is a private company, limited by shares, registered in England and Wales, registration number 03395697. The registered office is 3A Berol Court, 25 Ashley Road, Tottenham, London, N17 9LJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment
Amounts due from group undertakings etc.
50,800
-
Other debtors
42,533
33,150
African Broadcasting Corporation (ABCTV) Ltd
Notes to the Accounts
for the year ended 31 July 2019
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
141,080
142,475
7
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
1,290,598
1,075,611
8
Average number of employees
During the year the average number of employees was 0 (2018: 0).
