IJEA Media Limited - Accounts to registrar (filleted) - small 18.2

IJEA Media Limited - Accounts to registrar (filleted) - small 18.2

IJEA MEDIA LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v20.1.5.71 08604608 director 1.10.18 30.9.19 30.9.19 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure086046082018-09-30086046082019-09-30086046082018-10-012019-09-30086046082017-09-30086046082017-10-012018-09-30086046082018-09-3008604608ns15:EnglandWales2018-10-012019-09-3008604608ns14:PoundSterling2018-10-012019-09-3008604608ns10:Director12018-10-012019-09-3008604608ns10:PrivateLimitedCompanyLtd2018-10-012019-09-3008604608ns10:SmallEntities2018-10-012019-09-3008604608ns10:AuditExempt-NoAccountantsReport2018-10-012019-09-3008604608ns10:SmallCompaniesRegimeForDirectorsReport2018-10-012019-09-3008604608ns10:SmallCompaniesRegimeForAccounts2018-10-012019-09-3008604608ns10:FullAccounts2018-10-012019-09-3008604608ns10:RegisteredOffice2018-10-012019-09-3008604608ns5:CurrentFinancialInstruments2019-09-3008604608ns5:CurrentFinancialInstruments2018-09-3008604608ns5:ShareCapital2019-09-3008604608ns5:ShareCapital2018-09-3008604608ns5:RetainedEarningsAccumulatedLosses2019-09-3008604608ns5:RetainedEarningsAccumulatedLosses2018-09-3008604608ns5:PlantMachinery2018-09-3008604608ns5:PlantMachinery2019-09-3008604608ns5:CurrentFinancialInstrumentsns5:WithinOneYear2019-09-3008604608ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-09-3008604608ns10:Director112018-09-3008604608ns10:Director112017-09-3008604608ns10:Director112018-10-012019-09-3008604608ns10:Director112017-10-012018-09-3008604608ns10:Director112019-09-3008604608ns10:Director112018-09-30
REGISTERED NUMBER: 08604608 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2019

FOR

IJEA MEDIA LIMITED
IJEA MEDIA LIMITED (REGISTERED NUMBER: 08604608)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IJEA MEDIA LIMITED

COMPANY INFORMATION
for the Year Ended 30 SEPTEMBER 2019







DIRECTOR: N Shearman





REGISTERED OFFICE: 10 Barrow Court
Barrow Gurney
Bristol
BS48 3RP





REGISTERED NUMBER: 08604608 (England and Wales)





ACCOUNTANTS: Burnside
Chartered Accountants
and Statutory Auditor
61 Queen Square
Bristol
BS1 4JZ
Page 1
IJEA MEDIA LIMITED (REGISTERED NUMBER: 08604608)

BALANCE SHEET
30 SEPTEMBER 2019

2019 2018
Notes £    £   
CURRENT ASSETS
Debtors 5 8,091 1,671
Cash at bank 17,986 15,939
26,077 17,610
CREDITORS
Amounts falling due within one year 6 5,953 1,855
NET CURRENT ASSETS 20,124 15,755
TOTAL ASSETS LESS CURRENT
LIABILITIES
20,124
15,755

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 20,123 15,754
20,124 15,755

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 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 notes form part of these financial statements

Page 2 continued...
IJEA MEDIA LIMITED (REGISTERED NUMBER: 08604608)

BALANCE SHEET - continued
30 SEPTEMBER 2019


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2020
and were signed by:





N Shearman - Director


The notes form part of these financial statements

Page 3
IJEA MEDIA LIMITED (REGISTERED NUMBER: 08604608)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2019

1. STATUTORY INFORMATION

IJEA Media 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.

Financial instruments
Financial assets and liabilities are recognised in the balance sheet when the company
becomes party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and are
measured on initial recognition at transaction price. Debtors and creditors are subsequently
measured at amortised cost using the effective interest rate method. A provision is
established when there is objective evidence that the company may not be able to collect all
amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash
in hand and at bank.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement
of Income and Retained Earnings, 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.


Page 4 continued...
IJEA MEDIA LIMITED (REGISTERED NUMBER: 08604608)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2019

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machiner
etc
£   
COST
At 1 October 2018
and 30 September 2019 916
DEPRECIATION
At 1 October 2018
and 30 September 2019 916
NET BOOK VALUE
At 30 September 2019 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 7,871 240
Other debtors 220 1,431
8,091 1,671

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Taxation and social security 4,929 1,038
Other creditors 1,024 817
5,953 1,855

Page 5 continued...
IJEA MEDIA LIMITED (REGISTERED NUMBER: 08604608)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2019

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended
30 September 2019 and 30 September 2018:

2019 2018
£    £   
N Shearman
Balance outstanding at start of year (12 ) (140 )
Amounts advanced 18,443 1,361
Amounts repaid (18,435 ) (1,233 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4 ) (12 )

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £18,435 were paid to the director .

The company was under control of N Shearman throughout the current period. Mr N
Shearman is the managing director and majority shareholder.

At the year end the company owed Mr N Shearman £4 (2018 - £12).

Page 6