TAPMEDIA LTD

TAPMEDIA LTD

TAPMEDIA LTD - Company Information

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TAPMEDIA LTD

Company Registration Number:
07122310 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2019

Period of accounts

Start date: 01 February 2018

End date: 31 January 2019

TAPMEDIA LTD

Contents of the Financial Statements

for the Period Ended 31 January 2019

Balance sheet
Notes

TAPMEDIA LTD

Balance sheet

As at 31 January 2019


Notes
2019
2018


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 6,270 7,037
Investments:   0 0
Total fixed assets: 6,270 7,037
Current assets
Stocks: 360 0
Debtors: 4 979,157 714,875
Cash at bank and in hand: 547,867 226,311
Total current assets: 1,527,384 941,186
Creditors: amounts falling due within one year: 5 (322,288) (396,838)
Net current assets (liabilities): 1,205,096 544,348
Total assets less current liabilities: 1,211,366 551,385
Creditors: amounts falling due after more than one year:   0 0
Total net assets (liabilities): 1,211,366 551,385
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,211,266 551,285
Shareholders funds: 1,211,366 551,385

The notes form part of these financial statements

TAPMEDIA LTD

Balance sheet statements

For the year ending 31 January 2019 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 October 2019
and signed on behalf of the board by:

Name: A. S. Connolly
Status: Director

The notes form part of these financial statements

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

1. Accounting policies

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

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

2. Employees

2019 2018
Average number of employees during the period 4 4

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

3. Tangible Assets

Total
Cost £
At 01 February 2018 20,392
Additions 4,072
Disposals (3,262)
At 31 January 2019 21,202
Depreciation
At 01 February 2018 13,355
Charge for year 4,839
On disposals (3,262)
At 31 January 2019 14,932
Net book value
At 31 January 2019 6,270
At 31 January 2018 7,037

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

4. Debtors

2019 2018
££
Debtors due after more than one year: 0 0

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

5. Creditors: amounts falling due within one year note

Creditors: Amounts falling due within one yearTrade creditors and accruals £90,903 (1918) £108,535Corporation tax £155,441 (1918) £125,919Corporation Tax (re S455 CTA 2010) £63,981 (1918) £153,392PAYE/NIC £11,076 (1918) £7,808Pension contributions due £887 (1918) £1,184

TAPMEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

6. Loans to directors

Name of director receiving advance or credit: A. S. Connolly
Description of the loan: Loan
£
Balance at 01 February 2018 471,974
Advances or credits made: 196,864
Balance at 31 January 2019 668,838

Interest is charged on the average balance during the year on the Director's Loan account balance at offcial rates prescribed by HMRC. An accrual is also calculated for additional corporation tax at 32.5% (2018: 32.5%) of the portion of the loan account balance, including interest, outstanding at 31 January 2019, and which has not been repaid within nine months of the financial year end or is not expected to be repaid (i.e. a S.455 charge)