Abbreviated Company Accounts - INTERNATIONAL RACING MEDIA LIMITED

INTERNATIONAL RACING MEDIA LIMITED - Company Information

Registered Number 03155661

INTERNATIONAL RACING MEDIA LIMITED

Abbreviated Accounts

31 March 2016

INTERNATIONAL RACING MEDIA LIMITED Registered Number 03155661

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Investments	2	577,183	537,183
		577,183	537,183
Current assets
Debtors		258,036	214,894
Cash at bank and in hand		204,204	260,876
		462,240	475,770
Creditors: amounts falling due within one year		(478,934)	(452,613)
Net current assets (liabilities)		(16,694)	23,157
Total assets less current liabilities		560,489	560,340
Total net assets (liabilities)		560,489	560,340
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		559,489	559,340
Shareholders' funds		560,489	560,340

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 9 December 2016

And signed on their behalf by:
John Sanderson, Director

INTERNATIONAL RACING MEDIA LIMITED Registered Number 03155661

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Fixed assets Investments
Investments represent £29,471 for shares in listed companies and £547,712 for shares in an unlisted company