HPCI MEDIA LIMITED

HPCI MEDIA LIMITED

HPCI MEDIA LIMITED - Company Information

Print Friendly Version

HPCI MEDIA LIMITED

Company Registration Number:
06716035 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

HPCI MEDIA LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

HPCI MEDIA LIMITED

Balance sheet

As at 31 December 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 8,607 1,488
Total fixed assets: 8,607 1,488
Current assets
Stocks: 0 0
Debtors: 4 291,412 435,570
Cash at bank and in hand: 884,673 1,036,780
Investments:   0 0
Total current assets: 1,176,085 1,472,350
Creditors: amounts falling due within one year:   (749,445) (775,224)
Net current assets (liabilities): 426,640 697,126
Total assets less current liabilities: 435,247 698,614
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 435,247 698,614
Capital and reserves
Called up share capital: 1,000 1,500
Profit and loss account: 434,247 697,114
Shareholders funds: 435,247 698,614

The notes form part of these financial statements

HPCI MEDIA LIMITED

Balance sheet statements

For the year ending 31 December 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 01 September 2021
and signed on behalf of the board by:

Name: Michael Harrington
Status: Director

The notes form part of these financial statements

HPCI MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

HPCI MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 2019
Average number of employees during the period 31 29

HPCI MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Tangible Assets

Total
Cost £
At 01 January 2020 158,524
Additions 17,535
At 31 December 2020 176,059
Depreciation
At 01 January 2020 157,036
Charge for year 10,416
At 31 December 2020 167,452
Net book value
At 31 December 2020 8,607
At 31 December 2019 1,488

HPCI MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Debtors

2020 2019
££
Debtors due after more than one year: 63,896 107,046

HPCI MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

5. Related party transactions

Name of the related party: Steve Maller
Relationship:
Director
Description of the Transaction: The eligible shareholders following a recomendation by the directors approved by resolution a share buyback of 500 ordinary shares using distributable profits. The shares purchased comprised the entire share holding (500) of Steve Maller following which he also resigned as an employee and director of the company.
£
Balance at 01 January 2020 0
Balance at 31 December 2020 0