Dw Media Holdings Limited
Dw Media Holdings Limited
Registered number: 05325419
Unaudited Financial Statements
For the Period 1 April 2016 to 30 September 2017
Shore Accounting Ltd
66 Norman Road
St Leonards on Sea
East Sussex
TN38 0EJ
Dw Media Holdings Limited
Unaudited Financial Statements
For the Period 1 April 2016 to 30 September 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
Dw Media Holdings Limited
Balance Sheet
As at
30 September 2017
Balance Sheet
Registered number:
05325419
For the period ending 30 September 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| Period to 30 September 2017 | 31 March 2016 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 2 |
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| Investments | 3 |
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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 |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Revaluation reserve | 7 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 402,588 | 394,185 | |||
Page 1
Dw Media Holdings Limited
Balance Sheet (continued)
As at
30 September 2017
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
Dw Media Holdings Limited
Notes to the Financial Statements
For the Period 1 April 2016 to 30 September 2017
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
1.3.
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
1.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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2.
Tangible Assets
The analysis of the cost or valuation of the above assets is as follows:
| Land & Property | |
|---|---|
| Freehold | |
| £ | |
| Cost | |
| As at |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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| Land & Property | |
|---|---|
| Freehold | |
| £ | |
| As at |
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| At cost | 488,814 |
| At valuation | 81,186 |
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| As at |
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| At cost | 570,000 |
...CONTINUED
Page 3
Dw Media Holdings Limited
Notes to the Financial Statements (continued)
For the Period 1 April 2016 to 30 September 2017
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Freehold property was valued on an open market basis on 20 July 2015 by BTF Partnership LLP
3.
Investments
| Unlisted | |
|---|---|
| £ | |
| Cost | |
| As at |
14,830 |
| As at |
14,830 |
| Provision | |
| As at |
- |
| As at |
- |
| Net Book Value | |
| As at |
14,830 |
| As at |
14,830 |
The company's investments at the Balance Sheet date in the share capital of companies include the an 100% share holding in The Dog World Ltd which is now in administration.
4.
Debtors
| Period to 30 September 2017 | 31 March 2016 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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5.
Creditors: Amounts Falling Due Within One Year
| Period to 30 September 2017 | 31 March 2016 | ||
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| £ | £ | ||
| Trade creditors |
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| VAT |
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| Accruals and deferred income |
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| Amounts owed to related parties |
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Page 4
Dw Media Holdings Limited
Notes to the Financial Statements (continued)
For the Period 1 April 2016 to 30 September 2017
7.
Reserves
| Revaluation Reserve | |
|---|---|
| £ | |
| As at |
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| As at |
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8.
Related Party Transactions
The Dog World Ltd
DW Media Holdings Ltd is 100% shareholder of The Dog World Ltd
The Dog World Ltd owes £43,723 (2016 £43,250) to DW Media Holdings Ltd
Nimana Ltd
DW Media Holdings Ltd is 100% shareholder of Nimana Ltd
DW Media Holdings Ltd is owed £136,825 (2016 £147,755) by Nimana Ltd
There are no terms attached to these loans
Stuart Baillie is sole director of Nimana Ltd, DW Holdings Ltd and The Dog World Ltd
9.
Ultimate Controlling Party
The company's ultimate controlling party is Nimana Ltd by virtue of its ownership of 100% of the issued share capital in the company.
10.
General Information
Dw Media Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05325419 . The registered office is Williamson House, Wotton Road, Ashford, Kent, TN23 6LW.
Page 5