Zing Online Media Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08592291 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 July 2015

for

Zing Online Media Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

Z Maqsood

REGISTERED OFFICE:

28 Churchfields

London

E18 2QZ

REGISTERED NUMBER:

08592291 (England and Wales)

ACCOUNTANTS:

Elliotts Shah

Chartered Accountants

Ground Floor

Bury House

31 Bury Street

London

EC3A 5AR

FIXED ASSETS

Tangible assets

2

1,362

1,011

CURRENT ASSETS

Debtors

2,111

36,381

Cash at bank and in hand

73,237

74,214

75,348

110,595

CREDITORS

Amounts falling due within one year

75,586

109,795

NET CURRENT (LIABILITIES)/ASSETS

(238

)

800

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,124

1,811

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

1,123

1,810

SHAREHOLDERS' FUNDS

1,124

1,811

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

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

The director acknowledges his 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 director on 28 April 2016 and were signed by:

Z Maqsood - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where

turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

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 August 2014

1,281

Additions

1,166

At 31 July 2015

2,447

DEPRECIATION

At 1 August 2014

270

Charge for year

815

At 31 July 2015

1,085

NET BOOK VALUE

At 31 July 2015

1,362

At 31 July 2014

1,011

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary shares

£1

1

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Zing Online Media Limited for the year ended 31 July 2015 which comprise the Profit and Loss Account, the Balance

Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Zing Online Media Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Zing Online Media Limited and state those matters that we have agreed to state to the director of Zing Online Media Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Zing Online Media Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Zing Online Media Limited. You consider that Zing Online Media Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Zing Online Media Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Elliotts Shah

Chartered Accountants

Ground Floor

Bury House

31 Bury Street

London

EC3A 5AR

28 April 2016