| DRG Media Limited |
| Registered number: |
07466924 |
| Abbreviated Balance Sheet |
| as at 31 December 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
6,666 |
|
|
13,333 |
| Tangible assets |
3 |
|
|
5,178 |
|
|
4,732 |
|
|
|
|
11,844 |
|
|
18,065 |
|
| Current assets |
| Debtors |
|
|
1,170 |
|
|
3,900 |
| Cash at bank and in hand |
|
|
6,582 |
|
|
6,554 |
|
|
|
7,752 |
|
|
10,454 |
|
| Creditors: amounts falling due within one year |
|
|
(8,289) |
|
|
(28,490) |
|
| Net current liabilities |
|
|
|
(537) |
|
|
(18,036) |
|
| Net assets |
|
|
|
11,307 |
|
|
29 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
11,306 |
|
|
28 |
|
| Shareholders' funds |
|
|
|
11,307 |
|
|
29 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr D Gunston |
| Director |
| Approved by the board on 12 March 2015 |
|
| DRG Media Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
0 |
|
|
0 |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
20,000 |
|
At 31 December 2014 |
20,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 January 2014 |
6,667 |
|
Provided during the year |
6,667 |
|
At 31 December 2014 |
13,334 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
6,666 |
|
At 31 December 2013 |
13,333 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
5,947 |
|
Additions |
1,740 |
|
At 31 December 2014 |
7,687 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2014 |
1,215 |
|
Charge for the year |
1,294 |
|
At 31 December 2014 |
2,509 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
5,178 |
|
At 31 December 2013 |
4,732 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
0.01p each |
|
100 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
