Abbreviated Company Accounts - MEDIAPORT SOLUTIONS LTD

MEDIAPORT SOLUTIONS LTD - Company Information

05329278 MEDIAPORT SOLUTIONS LTD 2014-06-30 false 2013-07-01 2014-06-30 true 05329278 2013-07-01 2014-06-30 05329278 2014-06-30 05329278 2013-06-30 05329278 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 05329278 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 05329278

MEDIAPORT SOLUTIONS LTD

Abbreviated Accounts

30 June 2014

MEDIAPORT SOLUTIONS LTD Registered Number 05329278

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	50,827	62,309
		50,827	62,309
Current assets
Stocks		13,273	15,500
Debtors		296,487	315,602
Cash at bank and in hand		231	2,166
		309,991	333,268
Creditors: amounts falling due within one year		(327,253)	(355,853)
Net current assets (liabilities)		(17,262)	(22,585)
Total assets less current liabilities		33,565	39,724
Creditors: amounts falling due after more than one year		(16,836)	(27,290)
Provisions for liabilities		(7,568)	(9,294)
Total net assets (liabilities)		9,161	3,140
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		9,061	3,040
Shareholders' funds		9,161	3,140

For the year ending 30 June 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 March 2015

And signed on their behalf by:
Mr J S Buckle, Director

MEDIAPORT SOLUTIONS LTD Registered Number 05329278

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery 20% reducing balance
Fixtures, fittings & equipment 25% reducing balance

Other accounting policies
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

Fixed assets
Intangible assets
Cost at 1 July 2013 £7,050
Written off against reserves £(7,050)

2Tangible fixed assets

	£
Cost
At 1 July 2013	175,240
Additions	1,545
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	176,785
Depreciation
At 1 July 2013	112,931
Charge for the year	13,027
On disposals	-
At 30 June 2014	125,958
Net book values
At 30 June 2014	50,827
At 30 June 2013	62,309

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100