Homepage Media Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04448130 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

FOR

HOMEPAGE MEDIA LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr I Winter

Mr M Frith

SECRETARY:

Mr M Frith

REGISTERED OFFICE:

Old Yafford Farm

Mill Lane

Yafford

Newport

Isle of Wight

PO30 3LH

REGISTERED NUMBER:

04448130 (England and Wales)

ACCOUNTANTS:

Mackenzies

Chartered Accountants

The Old Pottery

Avenue Road

Freshwater

Isle of Wight

PO40 9UU

FIXED ASSETS

Tangible assets

2

1,793

1,297

CURRENT ASSETS

Debtors

32,059

37,101

Cash at bank and in hand

45,133

17,961

77,192

55,062

CREDITORS

Amounts falling due within one year

51,905

24,618

NET CURRENT ASSETS

25,287

30,444

TOTAL ASSETS LESS CURRENT LIABILITIES

27,080

31,741

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

27,078

31,739

SHAREHOLDERS' FUNDS

27,080

31,741

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 9 February 2016 and were signed on its behalf by:

Mr I Winter - 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 goods, 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

-

25% 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet

date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.

Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

2,665

Additions

1,094

At 31 May 2015

3,759

DEPRECIATION

At 1 June 2014

1,368

Charge for year

598

At 31 May 2015

1,966

NET BOOK VALUE

At 31 May 2015

1,793

At 31 May 2014

1,297

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2