MYTH DIGITAL LTD

MYTH DIGITAL LTD

MYTH DIGITAL LTD - Company Information

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MYTH DIGITAL LTD

Company Registration Number:
NI638793 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

MYTH DIGITAL LTD

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

MYTH DIGITAL LTD

Balance sheet

As at 31 March 2018


Notes
2018
10 months to 31 March 2017


£
£
Fixed assets
Tangible assets: 2 911 1,367
Total fixed assets: 911 1,367
Current assets
Debtors:   13,407 11,634
Cash at bank and in hand: 14,968 23,510
Total current assets: 28,375 35,144
Creditors: amounts falling due within one year: 3 (9,674) (14,457)
Net current assets (liabilities): 18,701 20,687
Total assets less current liabilities: 19,612 22,054
Total net assets (liabilities): 19,612 22,054
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 19,512 21,954
Shareholders funds: 19,612 22,054

The notes form part of these financial statements

MYTH DIGITAL LTD

Balance sheet statements

For the year ending 31 March 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 August 2018
and signed on behalf of the board by:

Name: Jamie Nesbitt
Status: Director

The notes form part of these financial statements

MYTH DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:Fixtures, fittings and equipment 25% Straight lineThe carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

MYTH DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Tangible Assets

Total
Cost £
At 01 April 2017 1,823
At 31 March 2018 1,823
Depreciation
At 01 April 2017 456
Charge for year 456
At 31 March 2018 912
Net book value
At 31 March 2018 911
At 31 March 2017 1,367

MYTH DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Creditors: amounts falling due within one year note

Bank overdrafts 308Trade Creditors 842Taxation 8,483Director's current account 41