MEDIA SOURCE PLUS LTD

MEDIA SOURCE PLUS LTD

MEDIA SOURCE PLUS LTD - Company Information

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MEDIA SOURCE PLUS LTD

Company Registration Number:
06500520 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

MEDIA SOURCE PLUS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

MEDIA SOURCE PLUS LTD

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 21,449 31,231
Investments: 4 169,691 130,641
Total fixed assets: 191,140 161,872
Current assets
Debtors:   473,802 198,977
Cash at bank and in hand: 107,495 202,066
Total current assets: 581,297 401,043
Creditors: amounts falling due within one year:   (202,227) (48,345)
Net current assets (liabilities): 379,070 352,698
Total assets less current liabilities: 570,210 514,570
Total net assets (liabilities): 570,210 514,570
Capital and reserves
Called up share capital: 20 20
Profit and loss account: 570,190 514,550
Shareholders funds: 570,210 514,570

The notes form part of these financial statements

MEDIA SOURCE PLUS LTD

Balance sheet statements

For the year ending 31 March 2020 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 December 2020
and signed on behalf of the board by:

Name: Vijayan Poologasundrampillai
Status: Director

The notes form part of these financial statements

MEDIA SOURCE PLUS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MEDIA SOURCE PLUS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 2 2

MEDIA SOURCE PLUS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 53,213
At 31 March 2020 53,213
Depreciation
At 01 April 2019 21,982
Charge for year 9,782
At 31 March 2020 31,764
Net book value
At 31 March 2020 21,449
At 31 March 2019 31,231

MEDIA SOURCE PLUS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Fixed investments

Fixed Asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.