Joe Public Media Limited - Accounts to registrar (filleted) - small 18.2
Joe Public Media Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2021 |
FOR |
JOE PUBLIC MEDIA LIMITED |
JOE PUBLIC MEDIA LIMITED (REGISTERED NUMBER: 04613023) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2021 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
JOE PUBLIC MEDIA LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 JUNE 2021 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Turnpike House |
1208/1210 London Road |
Leigh on Sea |
Essex |
SS9 2UA |
JOE PUBLIC MEDIA LIMITED (REGISTERED NUMBER: 04613023) |
BALANCE SHEET |
30 JUNE 2021 |
2021 | 2020 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings | 10 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their 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. |
JOE PUBLIC MEDIA LIMITED (REGISTERED NUMBER: 04613023) |
BALANCE SHEET - continued |
30 JUNE 2021 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
JOE PUBLIC MEDIA LIMITED (REGISTERED NUMBER: 04613023) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2021 |
1. | STATUTORY INFORMATION |
Joe Public Media Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
Goodwill |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures & fittings | - |
Computer equipment | - |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
JOE PUBLIC MEDIA LIMITED (REGISTERED NUMBER: 04613023) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2021 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 July 2020 |
and 30 June 2021 |
AMORTISATION |
At 1 July 2020 |
and 30 June 2021 |
NET BOOK VALUE |
At 30 June 2021 |
At 30 June 2020 |
5. | TANGIBLE FIXED ASSETS |
Plant and | Fixtures | Computer |
machinery | & fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 July 2020 |
and 30 June 2021 |
DEPRECIATION |
At 1 July 2020 |
Charge for year |
At 30 June 2021 |
NET BOOK VALUE |
At 30 June 2021 |
At 30 June 2020 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Trade creditors |
VAT |
Other creditors |
Other Loans | 4,000 | 4,000 |
Directors' current accounts |
JOE PUBLIC MEDIA LIMITED (REGISTERED NUMBER: 04613023) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2021 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
2021 | 2020 |
£ | £ |
Bounce Back Loan | 4,000 | 4,000 |
Other Loans, included above, consist of a Bounce Back Loan which the company drew down in June 2020. The loan is part of the Bounce Back Loan Scheme, and hence backed by a UK Government guarantee for the full amount outstanding. |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2021 | 2020 |
value: | £ | £ |
ORDINARY | £1 | 100 | 100 |
10. | RESERVES |
Retained |
earnings |
£ |
At 1 July 2020 | ( |
) |
Deficit for the year | ( |
) |
At 30 June 2021 | ( |
) |
11. | GOING CONCERN |
At the balance sheet date the company had net deficiency of assets of £31,338, and was therefore dependent upon the continued support from its principle creditors, including the directors. |
The directors have confirmed that they will continue to support the company for the foreseeable future. |
The financial statements have therefore been prepared on the going concern basis. |