Iridescent Media Limited - Limited company - abbreviated

REGISTERED NUMBER: 08170338 (England and Wales)

IRIDESCENT MEDIA LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST AUGUST 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

4

DIRECTOR:

Mr P J A Yardley-Jones

REGISTERED OFFICE:

Cornerfield

Northchurch Common

Berkhamsted

Hertfordshire

HP4 1LR

REGISTERED NUMBER:

08170338 (England and Wales)

ACCOUNTANTS:

Theataccounts LLP

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

BANKERS:

Metro Bank

One Southampton Row

London

WC1B 5HA

FIXED ASSETS

Tangible assets

2

272

536

CURRENT ASSETS

Cash at bank

1,977

1,664

CREDITORS

Amounts falling due within one year

1,004

1,324

NET CURRENT ASSETS

973

340

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,245

876

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

1,244

875

SHAREHOLDERS' FUNDS

1,245

876

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 14th November 2014 and were signed by:

Mr P J A Yardley-Jones - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services.

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

-

33% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st September 2013

and 31st August 2014

800

DEPRECIATION

At 1st September 2013

264

Charge for year

264

At 31st August 2014

528

NET BOOK VALUE

At 31st August 2014

272

At 31st August 2013

536

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1

Ordinary

£1

1

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31st August 2014 set out on pages two to three and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.