Promogroup Digital Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06704536 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

PROMOGROUP DIGITAL LIMITED

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

M R Dawson

Mrs P C Glanville

REGISTERED OFFICE:

Holmeside Barn

Roecliffe

North Yorkshire

YO51 9LY

REGISTERED NUMBER:

06704536 (England and Wales)

ACCOUNTANTS:

Bradbury & Co (Accountants) Limited

Chartered Tax Advisers and Accountants

Driffield

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages three to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Promogroup Digital Limited for the year ended 30 September 2016 which comprise the

Profit and Loss Account, 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://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Promogroup Digital Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Promogroup Digital Limited and state those matters that we have agreed to state to the Board of Directors of Promogroup Digital Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Promogroup Digital Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Promogroup Digital Limited. You consider that Promogroup Digital Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Promogroup Digital Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bradbury & Co (Accountants) Limited

Chartered Tax Advisers and Accountants

Driffield

Date: .............................................

CURRENT ASSETS

Stocks

4,800

4,860

Debtors

176

151

Cash at bank

66

20

5,042

5,031

CREDITORS

Amounts falling due within one year

(8,510

)

(7,828

)

NET CURRENT LIABILITIES

(3,468

)

(2,797

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,468

)

(2,797

)

CAPITAL AND RESERVES

Called up share capital

2

100

3

Profit and loss account

(3,568

)

(2,800

)

SHAREHOLDERS' FUNDS

(3,468

)

(2,797

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 November 2016 and were signed on its behalf by:

Mrs P C Glanville - 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).

At 30 September 2014 the company had a net asset deficit. The directors will continue to provide the

company with any such funding as is required to enable the company to meet all of its debts and liabilities

as they fall due. Such support will include not seeking repayment of funds provided to the company by the

directors and providing additional cash funding and support for bank borrowing and other finance facilities

as required.

Stocks

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

and slow moving items.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

3

Ordinary

£1

100

3