Notion Media Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08159160 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31st July 2016

for

Notion Media Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs D C Burns

D J Burns

REGISTERED OFFICE:

Unit K1005 The Cooperage

91 Brick Lane

London

E1 6QL

REGISTERED NUMBER:

08159160 (England and Wales)

ACCOUNTANTS:

Niall O'Driscoll FCMA CGMA

OD Accountants Ltd

Suite 501

The Pillbox

115 Coventry Road

Bethnal Green

London

E2 6GG

FIXED ASSETS

Tangible assets

2

3,778

1,854

CURRENT ASSETS

Debtors

106,647

46,150

Cash at bank and in hand

43,090

37,369

149,737

83,519

CREDITORS

Amounts falling due within one year

107,253

74,903

NET CURRENT ASSETS

42,484

8,616

TOTAL ASSETS LESS CURRENT
LIABILITIES

46,262

10,470

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

46,260

10,468

SHAREHOLDERS' FUNDS

46,262

10,470

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 10th December 2016 and were signed on its behalf by:

D J Burns - 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.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period

of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st August 2015

2,472

Additions

3,389

At 31st July 2016

5,861

DEPRECIATION

At 1st August 2015

618

Charge for year

1,465

At 31st July 2016

2,083

NET BOOK VALUE

At 31st July 2016

3,778

At 31st July 2015

1,854

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/7/16

31/7/15

value:

£

1

Ordinary share capital

£1

2