Simian Media Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04953531 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2017

for

Simian Media Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Ms J E Berglund

E F Eshun

SECRETARY:

Ms J E Berglund

REGISTERED OFFICE:

Third Floor, Scottish Mutual House

27 - 29 North Street

Hornchurch

Essex

RM11 1RS

REGISTERED NUMBER:

04953531 (England and Wales)

ACCOUNTANTS:

Havard & Associates

Third Floor, Scottish Mutual House

27-29 North Street

Hornchurch

Essex

RM11 1RS

FIXED ASSETS

Tangible assets

4

705

1,657

CURRENT ASSETS

Stocks

2,000

2,000

Debtors

5

5,778

7,092

Cash at bank

5,536

7,308

13,314

16,400

CREDITORS

Amounts falling due within one year

6

9,882

15,096

NET CURRENT ASSETS

3,432

1,304

TOTAL ASSETS LESS CURRENT LIABILITIES

4,137

2,961

PROVISIONS FOR LIABILITIES

124

310

NET ASSETS

4,013

2,651

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

3,813

2,451

SHAREHOLDERS' FUNDS

4,013

2,651

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 23 August 2018 and were signed on its behalf by:

E F Eshun - Director

1.	STATUTORY INFORMATION

Simian 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.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

Simian Media Limited prepares its first Financial Statements that comply with FRS 102 for the year ended 30

November 2017. Simian Media Dental Practice Limited date of transition was 1 December 2015. This has

resulted in a journal entry regarding deferred tax postings.

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

-

33% on cost and 20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2016

and 30 November 2017

11,318

DEPRECIATION

At 1 December 2016

9,661

Charge for year

952

At 30 November 2017

10,613

NET BOOK VALUE

At 30 November 2017

705

At 30 November 2016

1,657

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Trade debtors

5,778

6,941

Other debtors

-

151

5,778

7,092

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Taxation and social security

4,772

12,830

Other creditors

5,110

2,266

9,882

15,096