Platform Media Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC186739 (Scotland)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2014

FOR

PLATFORM MEDIA LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Alan Davies

SECRETARY:

Estelle Vivienne Davies

REGISTERED OFFICE:

37 Kembhill Park

Kemnay

Inverurie

Aberdeenshire

AB51 5LF

REGISTERED NUMBER:

SC186739 (Scotland)

ACCOUNTANTS:

Bon Accord Accountancy Limited

R & A House

Blackburn Business Park

Woodburn Road

Blackburn

Aberdeenshire

AB21 0PS

FIXED ASSETS

Tangible assets

2

6,282

8,962

CURRENT ASSETS

Debtors

99,897

58,760

Cash at bank and in hand

30,349

27,128

130,246

85,888

CREDITORS

Amounts falling due within one year

81,192

67,904

NET CURRENT ASSETS

49,054

17,984

TOTAL ASSETS LESS CURRENT LIABILITIES

55,336

26,946

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

55,236

26,846

SHAREHOLDERS' FUNDS

55,336

26,946

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 March 2015 and were signed by:

Alan Davies - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

39,299

DEPRECIATION

At 1 July 2013

30,337

Charge for year

2,680

At 30 June 2014

33,017

NET BOOK VALUE

At 30 June 2014

6,282

At 30 June 2013

8,962

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

100

Ordinary

£1

100

100