Accounts Submission

Accounts Submission

PHIP MEDIA LTD - Company Information

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PACKHORSE INTEGRATED PRODUCTION LIMITED

Company Registration Number:
07774086 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 October 2015

End date: 30 September 2016

PACKHORSE INTEGRATED PRODUCTION LIMITED

Abbreviated Balance sheet

As at 30 September 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 1,330 758
Total fixed assets: 1,330 758
Current assets
Debtors: 3 7,940 1,804
Cash at bank and in hand: 42,367 75,875
Total current assets: 50,307 77,679
Creditors: amounts falling due within one year: 4 ( 12,814 ) ( 36,498 )
Net current assets (liabilities): 37,493 41,181
Total assets less current liabilities: 38,823 41,939
Total net assets (liabilities): 38,823 41,939

The notes form part of these financial statements

PACKHORSE INTEGRATED PRODUCTION LIMITED

Balance sheet continued

As at 30 September 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 5 100 100
Profit and loss account: 38,723 41,839
Shareholders funds: 38,823 41,939

For the year ending 30 September 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.

The financial statements were approved by the Board of Directors on 24 May 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: William Michael Waters
Status: Director

Name: Charles Evelyn Mark Watson
Status: Director

The notes form part of these financial statements

PACKHORSE INTEGRATED PRODUCTION LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 September 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    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 April 2008).

    Compliance with accounting standards
    The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which
    have been applied consistently (unless otherwise stated).

    Turnover policy

    Turnover represents net invoiced services provided, excluding Value Added Tax and arises solely in the United Kingdom.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation. Depreciation is calculated so as to write off the cost less residual value over the useful economic life of that asset as follows:

    Office Equipment 20% straight line

PACKHORSE INTEGRATED PRODUCTION LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 September 2016

  • 2. Tangible assets

    Total
    Cost £
    01 October 2015: 1,211
    Additions: 999
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    30 September 2016: 2,210
    Depreciation
    01 October 2015: 453
    Charge for year: 427
    On disposals: 0
    Other adjustments: 0
    30 September 2016: 880
    Net book value
    30 September 2016: 1,330
    30 September 2015: 758

PACKHORSE INTEGRATED PRODUCTION LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 September 2016

  • 3. Debtors


    2016
    £
    2015
    £
    Trade debtors: 0 846
    Prepayments and accrued income: 175 675
    Other debtors: 7,765 283
    Total: 7,940 1,804

PACKHORSE INTEGRATED PRODUCTION LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 September 2016

  • 4. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Trade creditors: 6,474 2,216
    Taxation and social security: 3,742 13,908
    Accruals and deferred income: 1,999 14,575
    Other creditors: 599 5,799
    Total: 12,814 36,498

PACKHORSE INTEGRATED PRODUCTION LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 September 2016

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100

PACKHORSE INTEGRATED PRODUCTION LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 September 2016

  • 6. Related party disclosures

    Name of the ultimate controlling party during the period: C E M Watson
    Name of related party: Tantrum Productions Limited
    Relationship: W M Waters is a director
    Description of the transaction Fees and expenses
    Balance at 01 October 2015 1,300
    Balance at 30 September 2016 300