MAVERICK MEDIA LIMITED Accounts filed on 31-05-2015
MAVERICK MEDIA LIMITED Accounts filed on 31-05-2015
MAVERICK MEDIA LIMITED
Company Registration Number:
03068959 (England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01st June 2014
End date: 31st May 2015
SUBMITTED
MAVERICK MEDIA LIMITED
Company Information
for the Period Ended
31st May 2015
Director: |
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Registered office: |
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Company Registration Number: |
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MAVERICK MEDIA LIMITED
Abbreviated Balance sheet
As at 31st May 2015
Notes | 2015 £ |
2014 £ |
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Fixed assets | |||
Tangible assets: | 2 |
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Total fixed assets: |
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Current assets | |||
Debtors: |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors | |||
Creditors: amounts falling due within one year |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
MAVERICK MEDIA LIMITED
Abbreviated Balance sheet
As at 31st May 2015
continued
Notes | 2015 £ |
2014 £ |
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Capital and reserves | |||
Called up share capital: | 3 |
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Profit and Loss account: |
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Total shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: Will Jeffery
Status: Director
The notes form part of these financial statements
MAVERICK MEDIA LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st May 2015
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1. Accounting policies
Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers. Tangible fixed assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Asset class Depreciation method and rate Leasehold properties Straight line over life of the lease Plant and machinery Straight line at 25% Fixtures, fittings and equipment Straight line at 20% Computer equipment Straight line at 25% Valuation information and policy
Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account. Other accounting policies
Pensions The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.
MAVERICK MEDIA LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st May 2015
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2. Tangible assets
Total Cost £ At 01st June 2014: 216,056 At 31st May 2015: 216,056 Depreciation At 01st June 2014: 188,615 Charge for year: 19,003 At 31st May 2015: 207,618 Net book value At 31st May 2015: 8,438 At 31st May 2014: 27,441