Natural Media Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 07903183 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Natural Media Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M E Ashton

Mrs R C Ashton

REGISTERED OFFICE:

30/31 St James Place

Mangotsfield

Bristol

South Glos.

BS16 9JB

REGISTERED NUMBER:

07903183 (England and Wales)

ACCOUNTANTS:

Copson Grandfield

30/31 St James Place

Mangotsfield

Bristol

South Glos.

BS16 9JB

FIXED ASSETS

Tangible assets

4

5,609

2,513

CURRENT ASSETS

Stocks

1,830

1,830

Debtors

5

-

1,500

Cash at bank

63,207

51,180

65,037

54,510

CREDITORS

Amounts falling due within one year

6

50,139

46,064

NET CURRENT ASSETS

14,898

8,446

TOTAL ASSETS LESS CURRENT LIABILITIES

20,507

10,959

PROVISIONS FOR LIABILITIES

7

1,066

503

NET ASSETS

19,441

10,456

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

19,241

10,256

SHAREHOLDERS' FUNDS

19,441

10,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 5 May 2018 and were signed on its behalf by:

M E Ashton - Director

1.	STATUTORY INFORMATION

Natural Media Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

4,375

Additions

4,108

At 31 March 2018

8,483

DEPRECIATION

At 1 April 2017

1,862

Charge for year

1,012

At 31 March 2018

2,874

NET BOOK VALUE

At 31 March 2018

5,609

At 31 March 2017

2,513

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

-

1,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Taxation and social security

9,471

10,529

Other creditors

40,668

35,535

50,139

46,064

7.	PROVISIONS FOR LIABILITIES

31.3.18

31.3.17

£

£

Deferred tax

Accelerated capital allowances

1,066

503

Deferred

tax

£

Balance at 1 April 2017

503

Provided during year

563

Balance at 31 March 2018

1,066