Solid Digital Marketing Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09888926 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

SOLID DIGITAL MARKETING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Thorns

B Thorns

REGISTERED OFFICE:

Suite 2

26 Regent Road

Altrincham

WA14 1RP

REGISTERED NUMBER:

09888926 (England and Wales)

ACCOUNTANTS:

d&t

Chartered Accountants

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

FIXED ASSETS

Tangible assets

4

3,039

3,911

CURRENT ASSETS

Debtors

5

12,192

9,501

Cash at bank

5,926

112,821

18,118

122,322

CREDITORS

Amounts falling due within one year

6

19,266

123,092

NET CURRENT LIABILITIES

(1,148

)

(770

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,891

3,141

PROVISIONS FOR LIABILITIES

987

782

NET ASSETS

904

2,359

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7

804

2,259

SHAREHOLDERS' FUNDS

904

2,359

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 28 September 2018 and were signed on its behalf by:

B Thorns - Director

T Thorns - Director

1.	STATUTORY INFORMATION

Solid Digital Marketing Ltd 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.

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.

Computer equipment

-

25% straight line basis

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2017

4,361

Additions

291

At 31 December 2017

4,652

DEPRECIATION

At 1 January 2017

450

Charge for year

1,163

At 31 December 2017

1,613

NET BOOK VALUE

At 31 December 2017

3,039

At 31 December 2016

3,911

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

483

-

Other debtors

11,709

9,501

12,192

9,501

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

17,501

34,074

Other creditors

1,765

89,018

19,266

123,092

7.

RESERVES

Retained

earnings

£

At 1 January 2017

2,259

Profit for the year

300,521

Dividends

(301,976

)

At 31 December 2017

804

8.	RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market

conditions.