Company Registration No. SC402646 (Scotland)
12th Man Media Ltd.
Unaudited accounts
for the year ended 31 July 2020
12th Man Media Ltd.
Statement of financial position
as at 31 July 2020
Tangible assets
2,909
3,421
Cash at bank and in hand
45,383
52,185
Creditors: amounts falling due within one year
(19,180)
(26,358)
Net current assets
26,203
25,827
Called up share capital
100
100
Profit and loss account
29,012
29,148
Shareholders' funds
29,112
29,248
For the year ending 31 July 2020 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 27 April 2021 and were signed on its behalf by
Karen Derwin
Director
Company Registration No. SC402646
12th Man Media Ltd.
Notes to the Accounts
for the year ended 31 July 2020
12th Man Media Ltd. is a private company, limited by shares, registered in Scotland, registration number SC402646. The registered office is 1 Strenabey Avenue, Burnside, Glasgow, G73 5DL, Scotland.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
12th Man Media Ltd.
Notes to the Accounts
for the year ended 31 July 2020
5
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
17,800
24,353
Other creditors
1,146
1,146
Loans from directors
234
859
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 2 (2019: 2).
