RISING MEDIA LTD

RISING MEDIA LTD

RISING MEDIA LTD - Company Information

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RISING MEDIA LTD

Company Registration Number:
05537495 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2016

Period of accounts

Start date: 01 January 2016

End date: 31 December 2016

RISING MEDIA LTD

Contents of the Financial Statements

for the Period Ended 31 December 2016

Balance sheet
Notes

RISING MEDIA LTD

Balance sheet

As at 31 December 2016


Notes
2016
2015


£
£
Fixed assets
Intangible assets: 2 144,430 167,308
Tangible assets: 3 7,551 7,158
Total fixed assets: 151,981 174,466
Current assets
Debtors:   298,971 121,692
Cash at bank and in hand: 225,242 331,651
Total current assets: 524,213 453,343
Creditors: amounts falling due within one year:   (723,795) (666,361)
Net current assets (liabilities): (199,582) (213,018)
Total assets less current liabilities: (47,601) (38,552)
Total net assets (liabilities): (47,601) (38,552)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (47,602) (38,553)
Shareholders funds: (47,601) (38,552)

The notes form part of these financial statements

RISING MEDIA LTD

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 September 2017
and signed on behalf of the board by:

Name: Matthew Finlay
Status: Director

The notes form part of these financial statements

RISING MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2016

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RISING MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2016

2. Intangible Assets

Total
Cost £
At 01 January 2016 212,991
Revaluations 26,645
At 31 December 2016 239,636
Amortisation
At 01 January 2016 45,683
Charge for year 49,523
At 31 December 2016 95,206
Net book value
At 31 December 2016 144,430
At 31 December 2015 167,308

RISING MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2016


3. Tangible Assets

Total
Cost £
At 01 January 2016 21,456
Additions 3,471
Disposals (1,783)
Revaluations 2,922
At 31 December 2016 26,066
Depreciation
At 01 January 2016 14,298
Charge for year 4,217
At 31 December 2016 18,515
Net book value
At 31 December 2016 7,551
At 31 December 2015 7,158