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

REGISTERED NUMBER: 10052323 (England and Wales)

SEP MEDIA LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss S E Pool

REGISTERED OFFICE:

Lansdown Chalk Hill

Coleshill

Amersham

Buckinghamshire

HP7 0LY

REGISTERED NUMBER:

10052323 (England and Wales)

ACCOUNTANTS:

Eric R Jenkins FCA

Chartered Accountants

104 Southover

London

N12 7HD

FIXED ASSETS

Tangible assets

4

127

170

CURRENT ASSETS

Debtors

5

9,347

-

Cash at bank

33,986

26,640

43,333

26,640

CREDITORS

Amounts falling due within one year

6

41,311

25,017

NET CURRENT ASSETS

2,022

1,623

TOTAL ASSETS LESS CURRENT LIABILITIES

2,149

1,793

CAPITAL AND RESERVES

Called up share capital

7

10

10

Retained earnings

2,139

1,783

SHAREHOLDERS' FUNDS

2,149

1,793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 19 August 2020 and were signed by:

Miss S E Pool - Director

1.	STATUTORY INFORMATION

Sep 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.

Equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 April 2019

and 31 March 2020

400

DEPRECIATION

At 1 April 2019

230

Charge for year

43

At 31 March 2020

273

NET BOOK VALUE

At 31 March 2020

127

At 31 March 2019

170

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade debtors

9,347

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Taxation and social security

3,712

1,715

Other creditors

37,599

23,302

41,311

25,017

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.20

31.3.19

value:

£

£

10

Ordinary

£1

10

10