Bees Nees Media Limited - Accounts to registrar (filleted) - small 18.2
Bees Nees Media Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| BEES NEES MEDIA LIMITED |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019 |
| BEES NEES MEDIA LIMITED (REGISTERED NUMBER: SC261821) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| For The Year Ended 31 March 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| BEES NEES MEDIA LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 31 March 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 16 Royal Crescent |
| Glasgow |
| G3 7SL |
| BEES NEES MEDIA LIMITED (REGISTERED NUMBER: SC261821) |
| BALANCE SHEET |
| 31 March 2019 |
| 31.3.19 | 31.3.18 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| BEES NEES MEDIA LIMITED (REGISTERED NUMBER: SC261821) |
| BALANCE SHEET - continued |
| 31 March 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| BEES NEES MEDIA LIMITED (REGISTERED NUMBER: SC261821) |
| NOTES TO THE FINANCIAL STATEMENTS |
| For The Year Ended 31 March 2019 |
| 1. | STATUTORY INFORMATION |
| Bees Nees Media Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents the value of services provided in the year, excluding value added tax. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| 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. |
| Government grants |
| Grants towards capital expenditure are credited to deferred income and released to the profit and loss account |
| over the expected useful life of the asset. Grants towards revenue expenditure are released to the profit and loss |
| account as the related expenditure is incurred. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| BEES NEES MEDIA LIMITED (REGISTERED NUMBER: SC261821) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31 March 2019 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2018 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 March 2019 |
| DEPRECIATION |
| At 1 April 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 March 2019 |
| NET BOOK VALUE |
| At 31 March 2019 |
| At 31 March 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.19 | 31.3.18 |
| £ | £ |
| Trade debtors |
| Amounts owed by group company | 258,556 | 192,237 |
| Other debtors |
| Director's loan account | 137,331 | 96,030 |
| Tax recoverable |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.19 | 31.3.18 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Loan | 12,000 | 12,000 |
| Taxation and social security |
| Other creditors | 220,279 | 309,143 |
| 7. | OTHER FINANCIAL COMMITMENTS |
| At 31 March 2019 the company was committed to making total payments under non-cancellable operating leases |
| of £76,306 (2018, £160,296). |
| BEES NEES MEDIA LIMITED (REGISTERED NUMBER: SC261821) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31 March 2019 |
| 8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| During the year to 31 March 2019 the company had provided the director with a loan of £137,331 (2018, |
| £96,030) interest was charged at 2.5%. |