APE MEDIA LIMITED

APE MEDIA LIMITED

APE MEDIA LIMITED - Company Information

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APE MEDIA LIMITED

Company Registration Number:
SC296503 (Scotland)

Unaudited abridged accounts for the year ended 31 August 2021

Period of accounts

Start date: 01 September 2020

End date: 31 August 2021

APE MEDIA LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2021

Balance sheet
Notes

APE MEDIA LIMITED

Balance sheet

As at 31 August 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 0 252
Total fixed assets: 0 252
Current assets
Debtors: 4 18,246 22,989
Cash at bank and in hand: 474 511
Total current assets: 18,720 23,500
Creditors: amounts falling due within one year: 5 (17,675) (15,699)
Net current assets (liabilities): 1,045 7,801
Total assets less current liabilities: 1,045 8,053
Creditors: amounts falling due after more than one year: 6 (6,012) (8,000)
Provision for liabilities:   (48)
Total net assets (liabilities): (4,967) 5
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (4,968) 4
Shareholders funds: (4,967) 5

The notes form part of these financial statements

APE MEDIA LIMITED

Balance sheet statements

For the year ending 31 August 2021 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 11 May 2022
and signed on behalf of the board by:

Name: Mr Elliot Neave
Status: Director

The notes form part of these financial statements

APE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

1. Accounting policies

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

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and servicesprovided in the normal course of business, and is shown net of VAT and other sales related taxes. The fairvalue of consideration takes into account trade discounts, settlement discounts and volume rebates.Revenue from contracts for the provision of professional services is recognised by reference to the stageof completion when the stage of completion, costs incurred and costs to complete can be estimatedreliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractualhourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimatedreliably, revenue is recognised only to the extent of the expenses recognised that it is probable will berecovered

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net ofdepreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values overtheir useful lives on the following bases:Computers 33% Straight Line Method

APE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

2. Employees

2021 2020
Average number of employees during the period 1 1

APE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

3. Tangible Assets

Total
Cost £
At 01 September 2020 1,131
At 31 August 2021 1,131
Depreciation
At 01 September 2020 879
Charge for year 252
At 31 August 2021 1,131
Net book value
At 31 August 2021 0
At 31 August 2020 252

APE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

4. Debtors

Trade debtors: £Nil (2020: £49)Corporation tax recoverable: £5,004 (2020: £4,045)Other debtors: £13,242 (2020: £18,895)

APE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

5. Creditors: amounts falling due within one year note

Bank loans: £1,704 (2020: £Nil)Corporation tax: £15,845 (2020: £15,319)Other taxation and social security: £Nil (2020: £2)Other creditors: £126 (2020: £378)

APE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

6. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts: £6,012 (2020: £8,000)