Primetime Media Group Ltd - Accounts to registrar (filleted) - small 18.1

Primetime Media Group Ltd - Accounts to registrar (filleted) - small 18.1

PRIMETIME MEDIA GROUP LTD - Company Information

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PRIMETIME MEDIA GROUP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017





AEL Markhams Ltd
Chartered Accountants
201 Haverstock Hill
London
NW3 4QG








PRIMETIME MEDIA GROUP LTD (REGISTERED NUMBER: 06105265)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PRIMETIME MEDIA GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2017







DIRECTOR: J McCann





SECRETARY:





REGISTERED OFFICE: 201 Haverstock Hill
London
NW3 4QG





REGISTERED NUMBER: 06105265 (England and Wales)





ACCOUNTANTS: AEL Markhams Ltd
Chartered Accountants
201 Haverstock Hill
London
NW3 4QG
Page 1
PRIMETIME MEDIA GROUP LTD (REGISTERED NUMBER: 06105265)

BALANCE SHEET
31 DECEMBER 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 118,591 139,953

CURRENT ASSETS
Debtors 5 284,963 310,854
Prepayments and accrued income 86,801 146,721
Cash at bank and in hand 44,808 68,489
416,572 526,064
CREDITORS
Amounts falling due within one year 6 185,624 205,333
NET CURRENT ASSETS 230,948 320,731
TOTAL ASSETS LESS CURRENT
LIABILITIES
349,539
460,684

CREDITORS
Amounts falling due after more than one
year
7
230,000
-
NET ASSETS 119,539 460,684

CAPITAL AND RESERVES
Called up share capital 50 100
Retained earnings 119,489 460,584
SHAREHOLDERS' FUNDS 119,539 460,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
PRIMETIME MEDIA GROUP LTD (REGISTERED NUMBER: 06105265)

BALANCE SHEET - continued
31 DECEMBER 2017


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 director on 17 May 2018 and were signed by:





J McCann - Director


The notes form part of these financial statements

Page 3
PRIMETIME MEDIA GROUP LTD (REGISTERED NUMBER: 06105265)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017

1. STATUTORY INFORMATION

Primetime Media Group Ltd 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 etc - 20% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2016 - 16 ) .

Page 4 continued...
PRIMETIME MEDIA GROUP LTD (REGISTERED NUMBER: 06105265)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2017 190,465
Additions 20,914
At 31 December 2017 211,379
DEPRECIATION
At 1 January 2017 50,512
Charge for year 42,276
At 31 December 2017 92,788
NET BOOK VALUE
At 31 December 2017 118,591
At 31 December 2016 139,953

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 92,797 118,688
Other debtors 192,166 192,166
284,963 310,854

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Taxation and social security 124,268 114,266
Other creditors 61,356 91,067
185,624 205,333

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Other creditors 230,000 -

Page 5