White Digital Media Limited - Limited company - abbreviated - 11.0.0
White Digital Media Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013 |
| FOR |
| WHITE DIGITAL MEDIA LIMITED |
| WHITE DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 06039571) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| WHITE DIGITAL MEDIA LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| WHITE DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 06039571) |
| ABBREVIATED BALANCE SHEET |
| 31 DECEMBER 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 3 | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 financial statements were approved by the director on |
| WHITE DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 06039571) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| 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 April 2008). |
| Turnover |
| Turnover represents the fair value of services provided during the year. Turnover is recognised in the month of publication |
| rather than the month of invoice in accordance with FRS5. Fair value reflects the amount expected to be recoverable from |
| clients. Turnover excludes value added tax. |
| Unbilled turnover on individual contracts is included as accrued income within other debtors. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Deferred tax |
| The charge for taxation is based on the results for the year and takes into account taxation deferred because of timing |
| differences between the treatment of certain items for taxation and accounting purposes. In accordance with Financial |
| Reporting Standard 19, provision is made for deferred tax in respect of all timing differences that have been originated but |
| not reversed by the balance sheet date. Deferred tax assets are recognised when it is more likely than not that the asset |
| will be recovered. Deferred tax is measured using rates that have been enacted or substantially enacted by the balance |
| sheet date. Deferred tax balances are not discounted. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet |
| date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. |
| Exchange differences are taken into account in arriving at the operating result. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under |
| hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated |
| over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital |
| element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of |
| the lease. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2013 |
| Additions |
| At 31 December 2013 |
| DEPRECIATION |
| At 1 January 2013 |
| Charge for year |
| At 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| WHITE DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 06039571) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| value: | £ | £ |
| Ordinary £1 Shares | £1 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| At 1 January 2013 the director, Mr G S White, owed £310,742 to the company. During the year there were advances of |
| £14,344 (2012 - £97,957) and repayments of £110,597 (2012 - £Nil). At 31 December 2013 the balance owed by the |
| director was £214,489. Interest of £9,310 (2012 - £11,145) was charged on the overdrawn balance. This loan is unsecured |
| and repayable on demand. |