Push4 Audio Visual Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06535813 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Push4 Audio Visual Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M S Wordley

A G Wilson

P Janczur

REGISTERED OFFICE:

Trade Street

Cardiff

South Glamorgan

CF10 5DT

REGISTERED NUMBER:

06535813 (England and Wales)

ACCOUNTANTS:

Macey Owen Limited

5, Willow Walk

Cowbridge

Vale of Glamorgan

CF71 7EE

FIXED ASSETS

Tangible assets

2

241,847

165,270

CURRENT ASSETS

Debtors

(5,638

)

6,782

Cash at bank

11,719

7,957

6,081

14,739

CREDITORS

Amounts falling due within one year

(80,338

)

(80,182

)

NET CURRENT LIABILITIES

(74,257

)

(65,443

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

167,590

99,827

CREDITORS

Amounts falling due after more than one year

(44,247

)

(2,757

)

PROVISIONS FOR LIABILITIES

(23,842

)

(20,419

)

NET ASSETS

99,501

76,651

CAPITAL AND RESERVES

Called up share capital

3

25,000

Profit and loss account

74,501

51,651

SHAREHOLDERS' FUNDS

99,501

76,651

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 2 May 2017 and were signed on its behalf by:

M S Wordley - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis. The directors have considered the assets and

liabilities of the company and are of the opinion that the company will continue to meet its liabilities as they fall due, with

the financial support of the shareholders.

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, 25% on reducing balance and 20% on cost

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.

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

491,495

Additions

141,670

Disposals

(3,218

)

At 30 September 2016

629,947

DEPRECIATION

At 1 October 2015

326,225

Charge for year

62,009

Eliminated on disposal

(134

)

At 30 September 2016

388,100

NET BOOK VALUE

At 30 September 2016

241,847

At 30 September 2015

165,270

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/9/16

30/9/15

value:

£

25,000

Ordinary

£1

25,000

4.	ULTIMATE PARENT COMPANY

Push 4 AV Investments Limited is regarded by the directors as being the company's ultimate parent company.

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company charged The Orchard Media and Events Group Limited for the use of it's assets. The

amount was£128,000 (2015: £80,000) and as at the year end, amounts due to The Orchard Media and Events Group

Limited totalled £11,585 (2015: £6,318) for trade activities.

During the year, The Orchard Media and Events Group Limited invoiced Push 4 AV Limited a management charge totalling

£1,000.

The Company also owed The Orchard Media and Events Group Limited £32,832 (2015:£31,832).

Mr A Wilson, Mr M Wordley, and Mr P Janczur are directors in both companies.