Fed Media Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06551777 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Fed Media Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr J F Harrison

Mr R A Holland

Mr J Lewis

SECRETARY:

Mr J F Harrison

REGISTERED OFFICE:

Hampton House

Hawshaw Lane

Hoyland

Barnsley

S74 0HA

REGISTERED NUMBER:

06551777 (England and Wales)

ACCOUNTANTS:

The Accounting and Bookkeeping Company Ltd

Unit 7 Enterprise Court

Farfield Park

Manvers

Rotherham

South Yorkshire

S63 5DB

FIXED ASSETS

Tangible assets

2

83

511

CURRENT ASSETS

Stocks

20,510

22,470

Debtors

13,245

8,925

Cash at bank

14,514

27,714

48,269

59,109

CREDITORS

Amounts falling due within one year

3,068

16,254

NET CURRENT ASSETS

45,201

42,855

TOTAL ASSETS LESS CURRENT LIABILITIES

45,284

43,366

CREDITORS

Amounts falling due after more than one year

100,000

100,000

NET LIABILITIES

(54,716

)

(56,634

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(54,717

)

(56,635

)

SHAREHOLDERS' FUNDS

(54,716

)

(56,634

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 4 March 2014 and were signed on its behalf by:

Mr J F Harrison - Director

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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

3,736

DEPRECIATION

At 1 January 2013

3,225

Charge for year

428

At 31 December 2013

3,653

NET BOOK VALUE

At 31 December 2013

83

At 31 December 2012

511

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

1

Ordinary

1

1

1