CAPVAR MEDIA LTD

CAPVAR MEDIA LTD

CAPVAR MEDIA LTD - Company Information

Print Friendly Version

1 March 2019 false No description of principal activity Taxfiler 2020.12 08395240business:PrivateLimitedCompanyLtd2019-03-012019-12-31 083952402019-02-28 083952402019-03-012019-12-31 08395240business:AuditExemptWithAccountantsReport2019-03-012019-12-31 08395240business:FullAccounts2019-03-012019-12-31 083952402019-12-31 08395240business:Director12019-03-012019-12-31 08395240business:Director22019-03-012019-12-31 08395240business:Director32019-03-012019-12-31 08395240business:RegisteredOffice2019-03-012019-12-31 083952402019-02-28 08395240core:WithinOneYear2019-12-31 08395240core:WithinOneYear2019-02-28 08395240core:AfterOneYear2019-12-31 08395240core:AfterOneYear2019-02-28 08395240core:ShareCapital2019-12-31 08395240core:ShareCapital2019-02-28 08395240core:RetainedEarningsAccumulatedLosses2019-12-31 08395240core:RetainedEarningsAccumulatedLosses2019-02-28 08395240business:SmallEntities2019-03-012019-12-31 08395240countries:EnglandWales2019-03-012019-12-31 08395240core:MotorVehicles2019-03-012019-12-31 08395240core:FurnitureFittings2019-03-012019-12-31 08395240core:ComputerEquipment2019-03-012019-12-31 08395240core:PlantMachinery2019-02-28 08395240core:FurnitureFittings2019-02-28 08395240core:ComputerEquipment2019-02-28 08395240core:PlantMachinery2019-12-31 08395240core:FurnitureFittings2019-12-31 08395240core:ComputerEquipment2019-12-31 08395240core:PlantMachinery2019-03-012019-12-31 08395240business:OrdinaryShareClass12019-03-012019-12-31 08395240business:OrdinaryShareClass12018-03-012019-02-28 083952402018-03-012019-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08395240 (England and Wales)
CAPVAR MEDIA LTD Unaudited accounts for the period from 1 March 2019 to 31 December 2019
CAPVAR MEDIA LTD Unaudited accounts Contents
Page
- 2 -
CAPVAR MEDIA LTD Company Information for the period from 1 March 2019 to 31 December 2019
Directors
Mr P Caplin Mr F L Jaksch Mr T C Varvaro
Company Number
08395240 (England and Wales)
Registered Office
100 FETTER LANE LONDON EC4A 1BN
Accountants
DWP Financial Solutions Markeaton House 3 Slater Ave Derby Derbyshire DE1 1GT
- 3 -
CAPVAR MEDIA LTD Statement of financial position as at 31 December 2019
31/12/2019 
28/02/2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
806,722 
951,109 
Current assets
Inventories
5
192,861 
192,861 
Debtors
6
185,562 
195,191 
Cash at bank and in hand
121,126 
15,099 
499,549 
403,151 
Creditors: amounts falling due within one year
7
(202,887)
(204,375)
Net current assets
296,662 
198,776 
Total assets less current liabilities
1,103,384 
1,149,885 
Creditors: amounts falling due after more than one year
8
(3,042,703)
(2,110,413)
Net liabilities
(1,939,319)
(960,528)
Capital and reserves
Called up share capital
9
100 
100 
Profit and loss account
(1,939,419)
(960,628)
Shareholders' funds
(1,939,319)
(960,528)
For the period ending 31 December 2019 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
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
Mr P Caplin Director Company Registration No. 08395240
- 4 -
CAPVAR MEDIA LTD Notes to the Accounts for the period from 1 March 2019 to 31 December 2019
1
Statutory information
CAPVAR MEDIA LTD is a private company, limited by shares, registered in England and Wales, registration number 08395240. The registered office is 100 FETTER LANE, LONDON, EC4A 1BN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
Fixtures & fittings
15%
Computer equipment
33%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2019
1,080,286 
27,421 
14,266 
1,121,973 
At 31 December 2019
1,080,286 
27,421 
14,266 
1,121,973 
Depreciation
At 1 March 2019
162,043 
4,113 
4,708 
170,864 
Charge for the period
137,737 
3,496 
3,154 
144,387 
At 31 December 2019
299,780 
7,609 
7,862 
315,251 
Net book value
At 31 December 2019
780,506 
19,812 
6,404 
806,722 
At 28 February 2019
918,243 
23,308 
9,558 
951,109 
5
Inventories
31/12/2019 
28/02/2019 
£ 
£ 
Finished goods
192,861 
192,861 
192,861 
192,861 
- 5 -
CAPVAR MEDIA LTD Notes to the Accounts for the period from 1 March 2019 to 31 December 2019
6
Debtors
31/12/2019 
28/02/2019 
£ 
£ 
Trade debtors
106,147 
75,812 
Other debtors
79,415 
119,379 
185,562 
195,191 
7
Creditors: amounts falling due within one year
31/12/2019 
28/02/2019 
£ 
£ 
Bank loans and overdrafts
- 
3,334 
Trade creditors
90,099 
82,717 
Taxes and social security
12,453 
17,989 
Loans from directors
100,335 
100,335 
202,887 
204,375 
8
Creditors: amounts falling due after more than one year
31/12/2019 
28/02/2019 
£ 
£ 
Other creditors
3,042,703 
2,110,413 
9
Share capital
31/12/2019 
28/02/2019 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the period the average number of employees was 0 (28/02/2019: 0).
- 6 -