Inigo Media Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC212011 (Scotland)

Abbreviated Accounts for the Year Ended 30 September 2016

for

INIGO MEDIA LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D T Frydman

R J MacKenzie

SECRETARY:

R J MacKenzie

REGISTERED OFFICE:

3 John's Place

Edinburgh

EH6 7EL

REGISTERED NUMBER:

SC212011 (Scotland)

ACCOUNTANTS:

Davidson Associates Limited

68 Edgehead Village

Pathhead

Midlothian

EH37 5RJ

BANKERS:

The Royal Bank of Scotland plc

12 North-West Circus Place

Edinburgh

EH3 6SX

FIXED ASSETS

Tangible assets

2

416

1,029

CURRENT ASSETS

Stocks

5,880

5,300

Debtors

18,685

24,121

Cash at bank and in hand

9,177

9,574

33,742

38,995

CREDITORS

Amounts falling due within one year

(23,629

)

(30,460

)

NET CURRENT ASSETS

10,113

8,535

TOTAL ASSETS LESS CURRENT
LIABILITIES

10,529

9,564

CAPITAL AND RESERVES

Called up share capital

3

4,114

Profit and loss account

6,415

5,450

SHAREHOLDERS' FUNDS

10,529

9,564

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 12 December 2016 and were
signed on its behalf by:

D T Frydman - 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 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, 25% on cost and 20% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after

making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable

overheads.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which

they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

22,009

Additions

150

At 30 September 2016

22,159

DEPRECIATION

At 1 October 2015

20,980

Charge for year

763

At 30 September 2016

21,743

NET BOOK VALUE

At 30 September 2016

416

At 30 September 2015

1,029

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

121

Ordinary Shares

£34

4,114