Homepage Media Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04448130 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

HOMEPAGE MEDIA LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr I Winter

Mr M Frith

SECRETARY:

Mr M Frith

REGISTERED OFFICE:

Old Yafford Farm

Mill Lane

Yafford

Newport

Isle of Wight

PO30 3LH

REGISTERED NUMBER:

04448130 (England and Wales)

ACCOUNTANTS:

Mackenzies

Chartered Accountants

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Tangible assets

2

1,539

1,793

CURRENT ASSETS

Debtors

30,369

32,057

Cash at bank and in hand

27,121

45,133

57,490

77,190

CREDITORS

Amounts falling due within one year

35,479

51,903

NET CURRENT ASSETS

22,011

25,287

TOTAL ASSETS LESS CURRENT
LIABILITIES

23,550

27,080

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

23,548

27,078

SHAREHOLDERS' FUNDS

23,550

27,080

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 23 February 2017 and were signed on its behalf
by:

Mr I Winter - 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.

Computer equipment

-

25% on reducing balance

Deferred tax

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

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

3,759

Additions

259

At 31 May 2016

4,018

DEPRECIATION

At 1 June 2015

1,966

Charge for year

513

At 31 May 2016

2,479

NET BOOK VALUE

At 31 May 2016

1,539

At 31 May 2015

1,793

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2