VOXPOPME_LIMITED - Accounts

VOXPOPME LIMITED - Company Information

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Company Registration No. 08346204 (England and Wales)

VOXPOPME LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2016

VOXPOPME LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 5

VOXPOPME LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JANUARY 2016

- 1 -

2016

2015

Notes

Fixed assets

Intangible assets

731

1,095

Tangible assets

7,755

10,534

Investments

8,545

11,688

Current assets

Debtors

527,385

161,444

Cash at bank and in hand

289,536

21,689

816,921

183,133

Creditors: amounts falling due within one year

(225,554)

(54,171)

Net current assets

591,367

128,962

Total assets less current liabilities

599,912

140,650

Accruals and deferred income

(659)

(983)

599,253

139,667

Capital and reserves

Called up share capital

4,503

2,912

Share premium account

1,733,029

655,468

Profit and loss account

(1,138,279)

(518,713)

Shareholders' funds

599,253

139,667

VOXPOPME LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 JANUARY 2016

- 2 -

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

Directors' 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 directors acknowledge their 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 8 August 2016

Mr D Carruthers

Director

Company Registration No. 08346204

VOXPOPME LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 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

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Patents

Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.

1.5

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:

Computer equipment

3 years straight line method

Fixtures, fittings & equipment

25% straight line method

1.6

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.7

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

VOXPOPME LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JANUARY 2016

- 4 -

Fixed assets

Intangible assets

Tangible assets

Investments

Total

Cost

At 1 February 2015

1,827

13,792

15,678

Additions

2,503

Disposals

(375)

At 31 January 2016

1,827

15,920

17,806

Depreciation

At 1 February 2015

731

3,258

3,989

On disposals

(124)

Charge for the year

365

5,031

5,396

At 31 January 2016

1,096

8,165

9,261

Net book value

At 31 January 2016

731

7,755

8,545

At 31 January 2015

1,095

10,534

11,688

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Voxpopme Inc

USA

Ordinary

100.00

Voxpopme Pte Ltd (Asia)

Singapore

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2016

Principal activity

Voxpopme Inc

Video and market research

(212,464)

(175,128)

Voxpopme Pte Ltd (Asia)

Video and market research

(86,990)

(69,234)

VOXPOPME LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JANUARY 2016

- 5 -

Share capital

2016

2015

Allotted, called up and fully paid

450,300 Ordinary shares of 1p each

4,503

2,912

During the year 159,100 ordinary shares of 1p each were allotted and fully paid at par for cash consideration to provide additional working capital.