Frontier Media Enterprise Limited,Ltd - AccountsLtd - Accounts

Frontier Media Enterprise Limited,Ltd - AccountsLtd - Accounts

FRONTIER MEDIA ENTERPRISE LIMITED - Company Information

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2016-08-01 08603749 2017-07-31 08603749 2016-08-01 2017-07-31 08603749 2016-07-31 08603749 2015-08-01 2016-07-31 08603749 uk-core:WithinOneYear 2016-07-31 08603749 uk-core:WithinOneYear 2017-07-31 08603749 uk-core:AfterOneYear 2016-07-31 08603749 uk-core:AfterOneYear 2017-07-31 08603749 uk-core:RetainedEarningsAccumulatedLosses 2017-07-31 08603749 uk-core:RetainedEarningsAccumulatedLosses 2016-07-31 08603749 uk-bus:Director1 2016-08-01 2017-07-31 08603749 uk-core:ToolsEquipment 2016-08-01 2017-07-31 iso4217:GBP 08603749 uk-bus:AuditExemptWithAccountantsReport 2016-08-01 2017-07-31 08603749 uk-bus:FRS102 2016-08-01 2017-07-31 08603749 uk-bus:FullAccounts 2016-08-01 2017-07-31 08603749 uk-bus:PrivateLimitedCompanyLtd 2016-08-01 2017-07-31
Draft
Frontier Media Enterprise Limited
Registered Number:08603749
For the year ended 31 July 2017
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 July 2017
Frontier Media Enterprise Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
As at 31 July 2017
Frontier Media Enterprise Limited
Statement of Financial Position
Registered Number :
08603749
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
394
525
2
394
525
Current assets
Trade and other receivables
17,498
18,898
3
1,533
Cash and cash equivalents
2,938
21,836
19,031
Trade and other payables: amounts falling due within one
year
(420)
(421)
4
18,611
21,415
Net current assets
Total assets less current liabilities
21,809
19,136
Trade and other payables: amounts falling due after more
than one year
(15,530)
(21,794)
5
15
Net assets
3,606
Retained earnings
15
3,606
15
3,606
Shareholders' funds
For the year ended 31 July 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 July 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her 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.
Ms Meerim Chotbaeva Director
These financial statements were approved and authorised for issue by the Board on 04 May 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
Draft
For the year ended 31 July 2017
Frontier Media Enterprise Limited
Notes to the Financial Statements
Statutory Information
Frontier Media Enterprise Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08603749.
Registered address:
The Old Truman Brewery, 91 Brick Lane C/O Decibel
The Old Truman Brewery, 91 Brick Lane
London
E1 6QL
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:
25 Reducing balance
Computer equipment
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment
Computer
equipment
£
Cost or
valuation
At 01 August 2016
700
At 31 July 2017
700
Provision for depreciation and impairment
At 01 August 2016
175
Charge for year
131
At 31 July 2017
306
At 31 July 2017
Net book value
394
At 31 July 2016
525
2 of 3
5
Draft
For the year ended 31 July 2017
Frontier Media Enterprise Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2016
2017
£
£
Trade debtors
18,898
17,498
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Trade creditors
421
420
5. Trade and other payables: amounts falling due after more than one year
2016
2017
£
£
Other creditors
21,794
15,530
3 of 3