PRODUCT ME UK LIMITED Filleted accounts for Companies House (small and micro)
PRODUCT ME UK LIMITED Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
09026863
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Financial Statements |
Year ended 31 October 2017
Contents |
Pages |
Statement of financial position |
1 |
Notes to the financial statements |
2 to 3 |
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Statement of Financial Position |
2017 |
2016 |
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Note |
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£ |
£ |
Current assets
Debtors |
4 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
5 |
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Net current assets/(liabilities) |
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Total assets less current liabilities |
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Net assets/(liabilities) |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds/(deficit) |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
18 July 2018
, and are signed on behalf of the board by:
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Director |
Company registration number:
09026863
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Notes to the Financial Statements |
Year ended 31 October 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit B, Lancaster Fields, Crewegate Industrial Estate, Crewe, Cheshire, CW1 6FF.
The principal activity of the company during the year was that of reselling cloud based media distribution software.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 November 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 7.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Corporation tax
4.
Debtors
2017 |
2016 |
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£ |
£ |
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Other debtors |
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5.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Trade creditors |
– |
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Corporation tax |
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Amounts due to connected companies |
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Other creditors |
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6.
Events after the end of the reporting period
7.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 November 2015.
No transitional adjustments were required in equity or profit or loss for the year.