Fed Media Limited - Abbreviated accounts

Registered number

06551777

Fed Media Limited

Abbreviated Accounts

31 December 2015

Fed Media Limited

Report to the directors on the preparation of the unaudited abbreviated accounts of Fed Media Limited for the year ended 31 December 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Fed Media Limited for the year ended 31 December 2015 which comprise of 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

The Accounting and Bookkeeping Company Ltd
Chartered Certified Accountants
Silkstone House
Pioneer Close
Wath upon Dearne
Rotherham
S63 7JZ

19 February 2016

Fed Media Limited
Registered number:		06551777
Abbreviated Balance Sheet
as at 31 December 2015

Notes			2015			2014
£				£
Current assets
Stocks		-			19,240
Debtors		5,418			9,037
Cash at bank and in hand		21,876			5,651
		27,294			33,928

Creditors: amounts falling due within one year		(8,114)			(2,832)

Net current assets			19,180			31,096

Total assets less current liabilities			19,180			31,096

Creditors: amounts falling due after more than one year			(100,000)			(100,000)



Net liabilities			(80,820)			(68,904)

Capital and reserves
Called up share capital	3		1			1
Profit and loss account			(80,821)			(68,905)

Shareholders' funds			(80,820)			(68,904)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr J Harrison
Director
Approved by the board on 19 February 2016

Fed Media Limited
Notes to the Abbreviated Accounts
for the year ended 31 December 2015

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			33% straight line
	Equipment, fixtures and fittings			20% straight line

	Stocks
	Stock is valued at the lower of cost and net realisable value.

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



2	Tangible fixed assets					£

	Cost
	At 1 January 2015					3,736
	At 31 December 2015					3,736

	Depreciation
	At 1 January 2015					3,736
	At 31 December 2015					3,736

	Net book value
	At 31 December 2015					-


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		1		1