Previse Media Limited - Accounts to registrar - small 16.1.1

Previse Media Limited - Accounts to registrar - small 16.1.1

PREVISE MEDIA LIMITED - Company Information

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IRIS Accounts Production v18.1.1.51 09949080 Board of Directors 1.10.16 30.9.17 30.9.17 true false true false false false A Ordinary Shares 1.00000 B Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure099490802016-09-30099490802017-09-30099490802016-10-012017-09-30099490802016-01-12099490802016-01-132016-09-30099490802016-09-3009949080ns15:EnglandWales2016-10-012017-09-3009949080ns14:PoundSterling2016-10-012017-09-3009949080ns10:Director12016-10-012017-09-3009949080ns10:PrivateLimitedCompanyLtd2016-10-012017-09-3009949080ns10:SmallEntities2016-10-012017-09-3009949080ns10:AuditExempt-NoAccountantsReport2016-10-012017-09-3009949080ns10:SmallCompaniesRegimeForDirectorsReport2016-10-012017-09-3009949080ns10:SmallCompaniesRegimeForAccounts2016-10-012017-09-3009949080ns10:FullAccounts2016-10-012017-09-3009949080ns10:OrdinaryShareClass12016-10-012017-09-3009949080ns10:OrdinaryShareClass22016-10-012017-09-3009949080ns10:Director22016-10-012017-09-3009949080ns10:CompanySecretary12016-10-012017-09-3009949080ns10:RegisteredOffice2016-10-012017-09-3009949080ns5:CurrentFinancialInstruments2017-09-3009949080ns5:CurrentFinancialInstruments2016-09-3009949080ns5:ShareCapital2017-09-3009949080ns5:ShareCapital2016-09-3009949080ns5:RetainedEarningsAccumulatedLosses2017-09-3009949080ns5:RetainedEarningsAccumulatedLosses2016-09-3009949080ns5:CostValuation2016-09-3009949080ns5:DisposalsRepaymentsInvestments2017-09-3009949080ns5:CostValuation2017-09-3009949080ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-09-3009949080ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-09-3009949080ns10:OrdinaryShareClass12017-09-3009949080ns10:OrdinaryShareClass22017-09-30
REGISTERED NUMBER: 09949080 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 September 2017

for

PREVISE MEDIA LIMITED

PREVISE MEDIA LIMITED (REGISTERED NUMBER: 09949080)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PREVISE MEDIA LIMITED

Company Information
FOR THE YEAR ENDED 30 SEPTEMBER 2017







DIRECTORS: J E T Reeve
M D Tucker





SECRETARY: L K Macara





REGISTERED OFFICE: 3rd Floor
14 Floral Street
London
WC2E 9DH





REGISTERED NUMBER: 09949080 (England and Wales)





ACCOUNTANTS: Shipleys LLP
Chartered Accountants
5 Godalming Business Centre
Woolsack Way
Godalming
Surrey
GU7 1XW
Page 1
PREVISE MEDIA LIMITED (REGISTERED NUMBER: 09949080)

Balance Sheet
30 SEPTEMBER 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Investments 3 - 1

CURRENT ASSETS
Stocks 121,575 125,000
Debtors 4 235 321
Cash at bank 15,279 18,400
137,089 143,721
CREDITORS
Amounts falling due within one
year
5
2,010
2,000
NET CURRENT ASSETS 135,079 141,721
TOTAL ASSETS LESS CURRENT
LIABILITIES
135,079
141,722

CAPITAL AND RESERVES
Called up share capital 6 149,662 149,662
Retained earnings (14,583 ) (7,940 )
SHAREHOLDERS' FUNDS 135,079 141,722

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 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 18 June 2018
and were signed on its behalf by:





J E T Reeve - Director


The notes form part of these financial statements

Page 2
PREVISE MEDIA LIMITED (REGISTERED NUMBER: 09949080)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2017


1. STATUTORY INFORMATION

Previse 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.

The accounts are prepared in Sterling, which is the functional and
presentational currency of the entity.

Significant judgements and estimates
The preparation of financial statements under FRS 102 requires the Company
to make estimates and assumptions that affect the application of policies
and reported amounts. Estimates and judgements are continually evaluated
and are based on historical experience and other factors including
expectations of future events that are believed to be reasonable under the
circumstances. Actual results may differ from these estimates. The
estimates and assumptions which have a risk of causing a material
adjustment to the carrying amount of assets and liabilities are discussed
below.

The directors have considered the above and do not believe that there are
any estimates or assumptions which have a significant effect on the amounts
recognised in the financial statements that require disclosure.

Turnover
Turnover comprises the company's revenue in respect of production and
exploitation of television programmes or films during the period exclusive
of Value Added Tax. Fees are recognised once the right to the income has
been earned.

Stocks
Stock is stated at the lower of cost and net realisable value. Cost
comprises expenditure in respect of the development and production of
television programmes or films. Net realisable value is the expected
selling price or other cumulative income stream that is prudently
anticipated from a programme after taking account of costs of completion
and bringing it to market.

Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently
stated at cost less any accumulated
impairment losses.

Page 3 continued...
PREVISE MEDIA LIMITED (REGISTERED NUMBER: 09949080)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2017


3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2016 1
Disposals (1 )
At 30 September 2017 -
NET BOOK VALUE
At 30 September 2017 -
At 30 September 2016 1

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 235 321

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors - 18
Other creditors 2,010 1,982
2,010 2,000

6. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
149,661 A Ordinary Shares £1 149,661 149,661
1 B Ordinary Shares £1 1 1
149,662 149,662

Details of the various share rights attached to each type of share capital
is included in the Articles of Association.

7. RELATED PARTY DISCLOSURES

No transactions were undertaken with related parties as such that are
required to be disclosed under FRS
102.

Page 4