PLAY MEDIA DISTRIBUTION LIMITED

PLAY MEDIA DISTRIBUTION LIMITED

PLAY MEDIA DISTRIBUTION LIMITED - Company Information

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31 December 2017 false Taxfiler 2019.10.Web 06663509business:PrivateLimitedCompanyLtd2017-12-312018-12-31 066635092017-12-30 066635092017-12-312018-12-31 06663509business:AuditExemptWithAccountantsReport2017-12-312018-12-31 06663509business:FullAccounts2017-12-312018-12-31 066635092018-12-31 06663509business:Director12017-12-312018-12-31 06663509business:Director22017-12-312018-12-31 06663509business:RegisteredOffice2017-12-312018-12-31 066635092017-12-30 06663509core:WithinOneYear2018-12-31 06663509core:WithinOneYear2017-12-30 06663509core:AfterOneYear2018-12-31 06663509core:AfterOneYear2017-12-30 06663509core:ShareCapital2018-12-31 06663509core:ShareCapital2017-12-30 06663509core:RetainedEarningsAccumulatedLosses2018-12-31 06663509core:RetainedEarningsAccumulatedLosses2017-12-30 06663509business:SmallEntities2017-12-312018-12-31 06663509countries:EnglandWales2017-12-312018-12-31 06663509core:PlantMachinery2017-12-312018-12-31 06663509core:FurnitureFittings2017-12-312018-12-31 06663509core:ComputerEquipment2017-12-312018-12-31 06663509core:PlantMachinery2017-12-30 06663509core:FurnitureFittings2017-12-30 06663509core:ComputerEquipment2017-12-30 06663509core:PlantMachinery2018-12-31 06663509core:FurnitureFittings2018-12-31 06663509core:ComputerEquipment2018-12-31 06663509business:OrdinaryShareClass12017-12-312018-12-31 06663509business:OrdinaryShareClass12016-12-312017-12-30 066635092016-12-312017-12-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06663509 (England and Wales)
PLAY MEDIA DISTRIBUTION LIMITED Unaudited accounts for the period from 31 December 2017 to 31 December 2018
PLAY MEDIA DISTRIBUTION LIMITED Unaudited accounts Contents
Page
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PLAY MEDIA DISTRIBUTION LIMITED Company Information for the period from 31 December 2017 to 31 December 2018
Directors
Bartosz DRYZNER Ewa Aneta DRYZNER
Company Number
06663509 (England and Wales)
Registered Office
63 Jeddo Road Unit 1 London W12 9EE England
Accountants
Archer Accountants Ltd Unit 1 63 Jeddo Road London W12 9EE
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PLAY MEDIA DISTRIBUTION LIMITED Statement of financial position as at 31 December 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,726 
4,617 
Current assets
Inventories
5
21,154 
36,370 
Debtors
6
45,884 
35,375 
Cash at bank and in hand
3,587 
- 
70,625 
71,745 
Creditors: amounts falling due within one year
7
(30,832)
(36,456)
Net current assets
39,793 
35,289 
Total assets less current liabilities
43,519 
39,906 
Creditors: amounts falling due after more than one year
8
(48,487)
(38,588)
Net (liabilities)/assets
(4,968)
1,318 
Capital and reserves
Called up share capital
9
100 
100 
Profit and loss account
(5,068)
1,218 
Shareholders' funds
(4,968)
1,318 
For the period ending 31 December 2018 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 directors acknowledge their 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 30 September 2019.
Ewa Aneta DRYZNER Director Company Registration No. 06663509
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PLAY MEDIA DISTRIBUTION LIMITED Notes to the Accounts for the period from 31 December 2017 to 31 December 2018
1
Statutory information
PLAY MEDIA DISTRIBUTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06663509. The registered office is 63 Jeddo Road, Unit 1, London, W12 9EE, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
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PLAY MEDIA DISTRIBUTION LIMITED Notes to the Accounts for the period from 31 December 2017 to 31 December 2018
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 31 December 2017
11,990 
1,126 
11,309 
24,425 
Additions
- 
- 
351 
351 
At 31 December 2018
11,990 
1,126 
11,660 
24,776 
Depreciation
At 31 December 2017
11,085 
532 
8,191 
19,808 
Charge for the period
226 
149 
867 
1,242 
At 31 December 2018
11,311 
681 
9,058 
21,050 
Net book value
At 31 December 2018
679 
445 
2,602 
3,726 
At 30 December 2017
905 
594 
3,118 
4,617 
5
Inventories
2018 
2017 
£ 
£ 
Finished goods
21,154 
36,370 
21,154 
36,370 
6
Debtors
2018 
2017 
£ 
£ 
Trade debtors
775 
2,033 
Accrued income and prepayments
2,642 
1,900 
Other debtors
42,467 
31,442 
45,884 
35,375 
7
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Bank loans and overdrafts
19,289 
12,563 
Trade creditors
12,073 
33,205 
Taxes and social security
(1,774)
(1,042)
Other creditors
841 
842 
Loans from directors
(9,727)
(17,312)
Accruals
10,130 
8,200 
30,832 
36,456 
8
Creditors: amounts falling due after more than one year
2018 
2017 
£ 
£ 
Bank loans
48,487 
38,588 
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PLAY MEDIA DISTRIBUTION LIMITED Notes to the Accounts for the period from 31 December 2017 to 31 December 2018
9
Share capital
2018 
2017 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the period the average number of employees was 3 (2017: 3).
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