Abbreviated Company Accounts - THEIMAGEWEB LIMITED

THEIMAGEWEB LIMITED - Company Information

06531541 THEIMAGEWEB LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 06531541 2014-07-01 2015-06-30 06531541 2015-06-30 06531541 2014-06-30 06531541 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 06531541 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:Director3 2014-07-01 2015-06-30 uk-gaap-cd-bus:Director3 2015-06-30 uk-gaap-cd-bus:Director3 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 06531541

THEIMAGEWEB LIMITED

Abbreviated Accounts

30 June 2015

THEIMAGEWEB LIMITED Registered Number 06531541

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	490	675
		490	675
Current assets
Debtors		565	-
Cash at bank and in hand		82	830
		647	830
Creditors: amounts falling due within one year		(1,085)	(1,471)
Net current assets (liabilities)		(438)	(641)
Total assets less current liabilities		52	34
Total net assets (liabilities)		52	34
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		50	32
Shareholders' funds		52	34

For the year ending 30 June 2015 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 March 2016

And signed on their behalf by:
R G Tuplin, Director

THEIMAGEWEB LIMITED Registered Number 06531541

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts 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 the Company's Fees for use of images by customers during the year, Contributor's Fees for written material submitted in the year and associated income.

The Company is not registered for VAT.

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

Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 July 2014	1,241
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	1,241
Depreciation
At 1 July 2014	566
Charge for the year	185
On disposals	-
At 30 June 2015	751
Net book values
At 30 June 2015	490
At 30 June 2014	675

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	R G Tuplin
Description of the transaction:	Overdrawn Director's Current Account
Balance at 1 July 2014:	£ 0
Advances or credits made:	£ 1,315
Advances or credits repaid:	£ 750
Balance at 30 June 2015:	£ 565

Overdrawn Directors Current Account repaid by dividends within 9 months of the year-end.