VISION FIBRE MEDIA LIMITED - Abbreviated accounts

Registered number

08003317

VISION FIBRE MEDIA LIMITED

Abbreviated Accounts

31 March 2016

VISION FIBRE MEDIA LIMITED
Registered number:		08003317
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		345,361			263,838

Current assets
Stocks		34,898			5,717
Debtors		27,970			98,185
Cash at bank and in hand		39,691			27,335
		102,559			131,237

Creditors: amounts falling due within one year		(25,091)			(74,027)

Net current assets			77,468			57,210

Total assets less current liabilities			422,829			321,048

Creditors: amounts falling due after more than one year			(571,997)			(401,970)



Net liabilities			(149,168)			(80,922)

Capital and reserves
Called up share capital	3		600			600
Profit and loss account			(149,768)			(81,522)

Shareholders' funds			(149,168)			(80,922)

The director is 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 director acknowledges his 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.



I Ratcliffe
Director
Approved by the board on 26 September 2016

VISION FIBRE MEDIA LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

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 - Site installations			10% straight line
	Plant and machinery - Subscriber installations			25% straight line

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


2	Tangible fixed assets					£

	Cost
	At 1 April 2015					283,344
	Additions					133,309
	At 31 March 2016					416,653

	Depreciation
	At 1 April 2015					19,506
	Charge for the year					51,786
	At 31 March 2016					71,292

	Net book value
	At 31 March 2016					345,361
	At 31 March 2015					263,838


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	A Ordinary shares	£1 each		100		100		100
	Preference shares	£0.001 each		500		500		500
						600		600