3d Media Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10996848 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2019

for

3d Media Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs V C Fisher Jones

L Fisher Jones

SECRETARY:

REGISTERED OFFICE:

1 Wellington Road

Peacehaven

East Sussex

BN10 8QJ

REGISTERED NUMBER:

10996848 (England and Wales)

ACCOUNTANTS:

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

FIXED ASSETS

Tangible assets

4

8,038

11,273

CURRENT ASSETS

Debtors

5

30,041

3,662

Cash at bank

28,851

2,223

58,892

5,885

CREDITORS

Amounts falling due within one year

6

46,277

18,835

NET CURRENT ASSETS/(LIABILITIES)

12,615

(12,950

)

TOTAL ASSETS LESS CURRENT LIABILITIES

20,653

(1,677

)

CREDITORS

Amounts falling due after more than one year

7

(11,000

)

-

PROVISIONS FOR LIABILITIES

(718

)

(888

)

NET ASSETS/(LIABILITIES)

8,935

(2,565

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

8,735

(2,765

)

SHAREHOLDERS' FUNDS

8,935

(2,565

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 and authorised for issue on 6 May 2020 and were signed on its behalf by:

L Fisher Jones - Director

Mrs V C Fisher Jones - Director

1.	STATUTORY INFORMATION

3d Media Solutions 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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 reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 October 2018

14,118

Additions

6,494

Disposals

(7,720

)

At 30 September 2019

12,892

DEPRECIATION

At 1 October 2018

2,845

Charge for year

2,009

At 30 September 2019

4,854

NET BOOK VALUE

At 30 September 2019

8,038

At 30 September 2018

11,273

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/19

30/9/18

£

£

Trade debtors

30,041

3,662

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/19

30/9/18

£

£

Bank loans and overdrafts

898

-

Tax

9,874

1,270

VAT

8,670

-

Directors' loan accounts

25,736

17,096

Accrued expenses

1,099

469

46,277

18,835

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/9/19

30/9/18

£

£

Other loans - 1-2 years

5,500

-

Other loans - 2-5 years

5,500

-

11,000

-

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The director of the company has made a loan to the company to finance some of the assets

purchased within the company,. This is shown as a directors loan. This is repayable on demand and

therefore no interest has been charged for the money loaned to the company.