Siskin Media Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10634005 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2019

for

SISKIN MEDIA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G W A Truter

K J Yau

SECRETARY:

L K Macara

REGISTERED OFFICE:

3rd Floor

14 Floral Street

London

WC2E 9DH

REGISTERED NUMBER:

10634005 (England and Wales)

ACCOUNTANTS:

Shipleys LLP

Chartered Accountants

5 Godalming Business Centre

Woolsack Way

Godalming

Surrey

GU7 1XW

CURRENT ASSETS

Stocks

2,645,977

-

Debtors

4

420,831

27,756

Cash at bank

1,852,906

4,861,906

4,919,714

4,889,662

CREDITORS

Amounts falling due within one year

5

65,455

1,280

NET CURRENT ASSETS

4,854,259

4,888,382

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,854,259

4,888,382

CAPITAL AND RESERVES

Called up share capital

6

498,027

Share premium

4,495,849

Retained earnings

(139,617

)

(105,494

)

SHAREHOLDERS' FUNDS

4,854,259

4,888,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 applicable to companies subject to the small companies regime.

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 12 December 2019 and were signed on its behalf
by:

K J Yau - Director

1.	STATUTORY INFORMATION

Siskin Media 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.

The accounts are prepared in Sterling, which is the functional and presentational currency of the entity.

Turnover

Turnover comprises the company's revenue in respect of production and exploitation of television programmes

or films during the period exclusive of Value Added Tax. Fees are recognised once the right to the income has

been earned.

Stocks

Stock is stated at the lower of cost and net realisable value. Cost comprises expenditure in respect of the

development and production of television programmes or films. Net realisable value is the expected selling price

or other cumulative income stream that is prudently anticipated from a programme after taking account of costs

of completion and bringing it to market.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Other debtors

420,831

27,756

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Trade creditors

857

-

Other creditors

64,598

1,280

65,455

1,280

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

4,980,263

A Ordinary Shares

£0.10

498,026

10

B Ordinary Shares

£0.10

1

498,027

Details of the various share rights attached to each type of share capital is included in the Articles of Association.

7.	OTHER FINANCIAL COMMITMENTS

As at the reporting date, the company had no financial or other commitments or contracts for capital expenditure

in place (2018: £nil).

8.	RELATED PARTY DISCLOSURES

No transactions were undertaken with related parties as such that are required to be disclosed under FRS 102.

Siskin Media Limited - Accounts to registrar (filleted) - small 18.2

Siskin Media Limited - Accounts to registrar (filleted) - small 18.2