Colman Media Limited - Abbreviated accounts 16.1

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

COLMAN MEDIA LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Colman

Mrs G Colman

SECRETARY:

REGISTERED OFFICE:

38 Chatsworth Green

Hatch Warren

Basingstoke

Hampshire

RG22 4QA

REGISTERED NUMBER:

08690830 (England and Wales)

ACCOUNTANTS:

Fox & Co (Accountants) Ltd

Atticus House

2 The Windmills

Turk Street

Alton

Hampshire

GU34 1EF

FIXED ASSETS

Tangible assets

2

1,198

324

CURRENT ASSETS

Debtors

33,196

3,629

Cash at bank

12

15,255

33,208

18,884

CREDITORS

Amounts falling due within one year

28,164

12,061

NET CURRENT ASSETS

5,044

6,823

TOTAL ASSETS LESS CURRENT LIABILITIES

6,242

7,147

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

6,240

7,145

SHAREHOLDERS' FUNDS

6,242

7,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 3 June 2016 and were signed on its behalf by:

S Colman - 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 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

-

25% on reducing balance

Fixed assets are stated at their cost prices, less accumulated depreciation and amounts recognised in respect of impairment.

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 2015

540

Additions

1,274

At 31 March 2016

1,814

DEPRECIATION

At 1 April 2015

216

Charge for year

400

At 31 March 2016

616

NET BOOK VALUE

At 31 March 2016

1,198

At 31 March 2015

324

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

£1

2

2