| Presenter.co.uk Limited |
| Registered number: |
04428583 |
| Balance Sheet |
| as at 30 June 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
19,112 |
|
|
24,576 |
|
| Current assets |
| Stocks |
|
|
- |
|
|
422 |
| Debtors |
3 |
|
15,524 |
|
|
35,406 |
| Cash at bank and in hand |
|
|
31,520 |
|
|
2,245 |
|
|
|
47,044 |
|
|
38,073 |
|
| Creditors: amounts falling due within one year |
4 |
|
(46,545) |
|
|
(62,648) |
|
| Net current assets/(liabilities) |
|
|
|
499 |
|
|
(24,575) |
|
| Net assets |
|
|
|
19,611 |
|
|
1 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
19,610 |
|
|
- |
|
| Shareholder's funds |
|
|
|
19,611 |
|
|
1 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| M Dereza |
| Director |
| Approved by the board on 18 January 2018 |
|
| Presenter.co.uk Limited |
| Notes to the Accounts |
| for the year ended 30 June 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services which is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
25% Straight line |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 July 2016 |
6,298 |
|
56,244 |
|
62,542 |
|
Additions |
- |
|
2,402 |
|
2,402 |
|
At 30 June 2017 |
6,298 |
|
58,646 |
|
64,944 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2016 |
6,298 |
|
31,668 |
|
37,966 |
|
Charge for the year |
- |
|
7,866 |
|
7,866 |
|
At 30 June 2017 |
6,298 |
|
39,534 |
|
45,832 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2017 |
- |
|
19,112 |
|
19,112 |
|
At 30 June 2016 |
- |
|
24,576 |
|
24,576 |
|
|
| 3 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade debtors |
15,201 |
|
35,083 |
|
Other debtors |
323 |
|
323 |
|
|
|
|
|
|
15,524 |
|
35,406 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade creditors |
460 |
|
1,800 |
|
Taxation and social security costs |
24,797 |
|
10,428 |
|
Directors loan |
8,788 |
|
26,020 |
|
Other creditors |
12,500 |
|
24,400 |
|
|
|
|
|
|
46,545 |
|
62,648 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Transactions with director |
|
|
During the year the 100% shareholder N Dereza received dividends totalling £7,936 (2016: £21,380).
As at 30 June 2016 N Dereza was owed £8,788 (2016: £26,020) by the company and this is included in creditors. |
|
|
| 6 |
Controlling party |
|
|
The ultimate controlling party is N Dereza who holds 100% of the issued share capital. |
|
|
| 7 |
Other information |
|
|
Presenter.co.uk Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Holly Cottage |
|
10 South Park Crescent |
|
Gerrards Cross |
|
SL9 8HJ |
