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Durty Media Ltd
Director's Report and
Unaudited Financial Statements
For the Period 24 May 2016 to 31 July 2016
Rift Ltd
200 Eureka Park
Upper Pemberton
Ashford
Kent
TN25 4AZ
Director's Report and Unaudited Financial Statements
Company Information
Page 1
Director's Report
The director presents his report and the financial statements for the period ended 31 July 2016.
Statement of Director's Responsibilities
The director is responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the period were as follows:
Mr Daniel Lawrence
|
APPOINTED |
24/05/2016
|
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Page 2
Dormant Profit and Loss Account Statement
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Page 3
Balance Sheet
|
Period to 31 July 2016 |
|
Notes |
£ |
£ |
CURRENT ASSETS |
Cash at bank and in hand |
|
100
|
|
|
|
|
|
|
100
|
|
NET CURRENT ASSETS (LIABILITIES) |
|
|
100
|
|
|
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
100
|
|
|
|
|
NET ASSETS |
|
|
100
|
|
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
3
|
|
100
|
SHAREHOLDERS' FUNDS |
|
|
100
|
|
|
|
|
For the period ending 31 July 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities
-
The member has 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 in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
The notes on page 5 form part of these financial statements.
Page 4
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.
Operating Profit
The operating profit is stated after charging:
3.
Share Capital
|
Value |
Number |
Period to 31 July 2016 |
Allotted, called up and fully paid |
£ |
|
£ |
Ordinary shares
|
1.000
|
100
|
100
|
|
|
|
|
|
|
|
Nominal value |
Number |
Amount |
Shares issued during the period: |
£ |
|
£ |
Ordinary shares
|
1.000
|
100
|
100
|
|
|
|
|
|
4.
Ultimate Controlling Party
The company's ultimate controlling party is Mr D Lawrence by virtue of his ownership of 100% of the issued share capital in the company.
Page 5