Company Registration No. SC544857 (Scotland)
Spey Media Limited
Unaudited accounts
for the year ended 30 September 2022
Spey Media Limited
Unaudited accounts
Contents
Spey Media Limited
Company Information
for the year ended 30 September 2022
Director
Jennifer Robertson
Company Number
SC544857 (Scotland)
Registered Office
Unit 5 Horizon Scotland Enterprise Park
Forres
IV36 2AB
United Kingdom
Accountants
Sheryl Dyer
19 Hedge Road
Garmouth
Fochabers
IV32 7NU
Spey Media Limited
Statement of financial position
as at 30 September 2022
Tangible assets
6,473
26,828
Cash at bank and in hand
(15,250)
(3,776)
Creditors: amounts falling due within one year
(95,440)
(93,212)
Net current liabilities
(1,030)
(11,764)
Called up share capital
1
1
Profit and loss account
5,442
15,063
Shareholders' funds
5,443
15,064
For the year ending 30 September 2022 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 director acknowledges her 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 and authorised for issue on 13 June 2023 and were signed on its behalf by
Jennifer Robertson
Director
Company Registration No. SC544857
Spey Media Limited
Notes to the Accounts
for the year ended 30 September 2022
Spey Media Limited is a private company, limited by shares, registered in Scotland, registration number SC544857. The registered office is Unit 5 Horizon Scotland Enterprise Park, Forres, IV36 2AB, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2021
34,329
9,696
12,519
56,544
Additions
-
361
3,731
4,092
Disposals
(34,329)
-
(2,465)
(36,794)
At 30 September 2022
-
10,057
13,785
23,842
At 1 October 2021
15,019
3,862
10,835
29,716
Charge for the year
-
2,110
3,027
5,137
On disposals
(15,019)
-
(2,465)
(17,484)
At 30 September 2022
-
5,972
11,397
17,369
At 30 September 2022
-
4,085
2,388
6,473
At 30 September 2021
19,310
5,834
1,684
26,828
Spey Media Limited
Notes to the Accounts
for the year ended 30 September 2022
Amounts falling due within one year
Trade debtors
109,660
52,356
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
61,144
76,799
Taxes and social security
20,819
25,381
Other creditors
55,707
17,821
Loans from directors
(104,307)
(55,743)
7
Average number of employees
During the year the average number of employees was 15 (2021: 8).
