Company Registration No. 07127657 (England and Wales)
36Digital Limited
Unaudited accounts
for the year ended 31 January 2017
36Digital Limited
Unaudited accounts
Contents
36Digital Limited
Company Information
for the year ended 31 January 2017
Company Number
07127657 (England and Wales)
Registered Office
Churchill House Suite 301
120 Bunns Lane
Mill Hill
London
NW7 2AS
Accountants
Platts
Churchill House Suite 301
120 Bunns Lane
Mill Hill
London
NW7 2AS
36Digital Limited
Statement of financial position
as at 31 January 2017
Tangible assets
1,804
1,756
Cash at bank and in hand
8,565
6,644
Creditors: amounts falling due within one year
(10,629)
(8,943)
Net current liabilities
(2,064)
(2,299)
Net liabilities
(260)
(543)
Called up share capital
100
100
Profit and loss account
(360)
(643)
Shareholders' funds
(260)
(543)
For the year ending 31 January 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 5 October 2017.
Mr M Zohreh
Director
Company Registration No. 07127657
36Digital Limited
Notes to the Accounts
for the year ended 31 January 2017
36Digital Limited is a private company, limited by shares, registered in England and Wales, registration number 07127657. The principal place of business is 12 Curry Rise, Mill Hill, London, NW7 1SE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended
31 January 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note
9 below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Reducing Balance
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
36Digital Limited
Notes to the Accounts
for the year ended 31 January 2017
4
Tangible fixed assets
Fixtures & fittings
5
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
7,729
6,792
Loans from directors
649
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Transactions with related parties
The director and his family own the entire issued ordinary share capital of the company.
During the year. the director was paid dividends in the sum of £22,500 (2016 - £19,500) and the director's wife was paid dividends in the sum of £7,500 (2016 - £6,500)
8
Average number of employees
During the year the average number of employees was 2 (2016: 2).
9
Reconciliations on adoption of FRS 102
The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit or loss.
