Digital Media Midlands Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09388636 (England and Wales)

DIGITAL MEDIA MIDLANDS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 14 JANUARY 2015 TO 30 JUNE 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs T E Denyer

REGISTERED OFFICE:

3 Lyttleton Court

Birmingham Street

Halesowen

West Midlands

B63 3HN

REGISTERED NUMBER:

09388636 (England and Wales)

ACCOUNTANTS:

CUTTER & CO LTD

CHARTERED ACCOUNTANTS

3 Lyttleton Court

Birmingham Street

Halesowen

West Midlands

B63 3HN

FIXED ASSETS

Tangible assets

2

29,553

CURRENT ASSETS

Debtors

399,019

Cash at bank

473,516

872,535

CREDITORS

Amounts falling due within one year

237,255

NET CURRENT ASSETS

635,280

TOTAL ASSETS LESS CURRENT LIABILITIES

664,833

PROVISIONS FOR LIABILITIES

5,911

NET ASSETS

658,922

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

658,921

SHAREHOLDERS' FUNDS

658,922

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 10 October 2016 and were signed by:

Mrs T E Denyer - 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 January 2015).

Turnover

Turnover represents the value of digital media services provided under contracts to the extent that there is a

right to consideration and is recorded at the value of consideration due. Where a contract has only been

partially completed at the balance sheet date turnover represents the value of the service provided to date based

on a proportion of the total expected consideration at completion.

Tangible fixed assets

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

Computer and office equipment

-

33% on cost

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

Additions

44,330

At 30 June 2016

44,330

DEPRECIATION

Charge for period

14,777

At 30 June 2016

14,777

NET BOOK VALUE

At 30 June 2016

29,553

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

A Ordinary

£1

1

1 A Ordinary share of £1 was issued during the period for cash of £ 1 .