Next Media Solutions Ltd,Ltd - AccountsLtd - Accounts

Next Media Solutions Ltd,Ltd - AccountsLtd - Accounts

NEXT MEDIA SOLUTIONS LTD - Company Information

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2016-11-01 07425570 2017-10-31 07425570 2016-11-01 2017-10-31 07425570 2016-10-31 07425570 2015-11-01 2016-10-31 07425570 uk-core:WithinOneYear 2016-10-31 07425570 uk-core:WithinOneYear 2017-10-31 07425570 uk-core:ShareCapital 2017-10-31 07425570 uk-core:ShareCapital 2016-10-31 07425570 uk-core:RetainedEarningsAccumulatedLosses 2017-10-31 07425570 uk-core:RetainedEarningsAccumulatedLosses 2016-10-31 07425570 uk-bus:Director1 2016-11-01 2017-10-31 07425570 uk-core:ToolsEquipment 2016-11-01 2017-10-31 iso4217:GBP 07425570 uk-bus:AuditExemptWithAccountantsReport 2016-11-01 2017-10-31 07425570 uk-bus:FRS102 2016-11-01 2017-10-31 07425570 uk-bus:FullAccounts 2016-11-01 2017-10-31 07425570 uk-bus:PrivateLimitedCompanyLtd 2016-11-01 2017-10-31
Draft
Next Media Solutions Ltd
Registered Number:07425570
For the year ended 31 October 2017
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 October 2017
Next Media Solutions Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
As at 31 October 2017
Next Media Solutions Ltd
Statement of Financial Position
Registered Number :
07425570
£
£
2016
2017
Notes
Current assets
Trade and other receivables
6,038
1,589
3
54
Cash and cash equivalents
11,620
13,209
6,092
Trade and other payables: amounts falling due within one year
(12,249)
(23,522)
4
(6,157)
(10,313)
Net current liabilities
Total assets less current liabilities
(10,313)
(6,157)
(10,313)
Net liabilities
(6,157)
Capital and reserves
Called up share capital
100
100
Retained earnings
(10,413)
(6,257)
(10,313)
(6,157)
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
Mr Aleksandrs Peskovs Director
These financial statements were approved and authorised for issue by the Board on 07 February 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
Draft
For the year ended 31 October 2017
Next Media Solutions Ltd
Notes to the Financial Statements
Statutory Information
Next Media Solutions Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
07425570.
Registered address:
6 St David's Square
Westferry Road
London
London
E14 3WA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Straight line
Computer equipment
2. Property, plant and equipment
Computer
equipment
£
Cost or valuation
At 01 November 2016
4,977
At 31 October 2017
4,977
Provision for depreciation and impairment
At 01 November 2016
4,977
At 31 October 2017
4,977
At 31 October 2017
Net book value
-
At 31 October 2016
-
2 of 3
5
Draft
For the year ended 31 October 2017
Next Media Solutions Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2016
2017
£
£
Other debtors
1,589
6,038
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Trade creditors
(1)
(1)
Taxation and social security
23,523
12,250
23,522
12,249
3 of 3