MacMedia TV Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC340330 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

MacMedia TV Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

T MacMillan

A MacMillan

REGISTERED OFFICE:

24B Hilton Road

Milngavie

Glasgow

G62 7DL

REGISTERED NUMBER:

SC340330 (Scotland)

ACCOUNTANTS:

Graham Long and Company

Chartered Management Accountants

Lilliput House

Fosseway

Midsomer Norton

RADSTOCK

BA3 4BB

FIXED ASSETS

Tangible assets

2

14,622

16,031

CURRENT ASSETS

Debtors

20,385

20,182

Cash at bank

6,220

11,588

26,605

31,770

CREDITORS

Amounts falling due within one year

37,824

44,594

NET CURRENT LIABILITIES

(11,219

)

(12,824

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,403

3,207

PROVISIONS FOR LIABILITIES

2,925

3,200

NET ASSETS

478

7

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

476

5

SHAREHOLDERS' FUNDS

478

7

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 20 December 2015 and were signed on its behalf by:

A MacMillan - Director

T MacMillan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

24,101

Additions

1,042

At 31 March 2015

25,143

DEPRECIATION

At 1 April 2014

8,070

Charge for year

2,451

At 31 March 2015

10,521

NET BOOK VALUE

At 31 March 2015

14,622

At 31 March 2014

16,031

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

2

Ordinary

£1

2

2