Abbreviated Company Accounts - LOOKING GLASS MEDIA LIMITED

LOOKING GLASS MEDIA LIMITED - Company Information

Registered Number 04370593

LOOKING GLASS MEDIA LIMITED

Abbreviated Accounts

31 March 2014

LOOKING GLASS MEDIA LIMITED Registered Number 04370593

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,149	1,533
		1,149	1,533
Current assets
Debtors		-	387
Cash at bank and in hand		-	2,848
		-	3,235
Creditors: amounts falling due within one year		(13,977)	(11,939)
Net current assets (liabilities)		(13,977)	(8,704)
Total assets less current liabilities		(12,828)	(7,171)
Total net assets (liabilities)		(12,828)	(7,171)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(12,829)	(7,172)
Shareholders' funds		(12,828)	(7,171)

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 December 2014

And signed on their behalf by:
D A Simmons, Director

LOOKING GLASS MEDIA LIMITED Registered Number 04370593

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the net invoiced sales excluding Vat

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets, other than freehold land, at the following annual rates, calculated to write off each asset over its expected useful life.
Equipment and fixtures and fittings 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2013	8,745
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	8,745
Depreciation
At 1 April 2013	7,212
Charge for the year	384
On disposals	-
At 31 March 2014	7,596
Net book values
At 31 March 2014	1,149
At 31 March 2013	1,533