RICHBORNE_MEDIA_LIMITED - Accounts

RICHBORNE MEDIA LIMITED - Company Information

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Company Registration No. 07542532 (England and Wales)

RICHBORNE MEDIA LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

RICHBORNE MEDIA LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

RICHBORNE MEDIA LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF RICHBORNE MEDIA LIMITED FOR THE YEAR ENDED 31 MARCH 2016

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 3 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 Richborne Media Limited for the year ended 31 March 2016 set out on pages 3 to 7 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, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of Richborne Media Limited, as a body, in accordance with the terms of our engagement letter dated 8 April 2011. Our work has been undertaken solely to prepare for your approval the financial statements of Richborne Media Limited and state those matters that we have agreed to state to the Board of Directors of Richborne Media Limited, as a body, 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 Richborne Media Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Richborne 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 profit of Richborne Media Limited. You consider that Richborne 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 Richborne 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.

Nunn Hayward

12 July 2016

Chartered Accountants

63 - 67 Kingston Road

New Malden

Surrey

KT3 3PB

RICHBORNE MEDIA LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 2 -

2016

2015

Notes

Fixed assets

Tangible assets

4,113

126

Current assets

Debtors

2,640

3,447

Cash at bank and in hand

231,479

215,755

234,119

219,202

Creditors: amounts falling due within one year

(11,211)

(27,432)

Net current assets

222,908

191,770

Total assets less current liabilities

227,021

191,896

Capital and reserves

Called up share capital

100

Profit and loss account

226,921

191,796

Shareholders' funds

227,021

191,896

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 12 July 2016

J Skidmore

Director

Company Registration No. 07542532

RICHBORNE MEDIA LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

Turnover represents amounts receivable for services provided net of VAT and is recognised on delivery of those services.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

25% per annum on cost

Fixed assets

Tangible assets

Cost

At 1 April 2015

1,222

Additions

4,501

At 31 March 2016

5,723

Depreciation

At 1 April 2015

1,096

Charge for the year

514

At 31 March 2016

1,610

Net book value

At 31 March 2016

4,113

At 31 March 2015

126

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary share of £1 each

100