Number 1 TV and Media Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05817635 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

Number 1 TV and Media Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D Sanger

REGISTERED OFFICE:

Calcutt Court

Calcutt

Swindon

Wiltshire

SN6 6JR

REGISTERED NUMBER:

05817635 (England and Wales)

ACCOUNTANTS:

Optima Financial Solutions Group Limited

Chartered Accountants

Calcutt Court

Calcutt

Swindon

Wiltshire

SN6 6JR

FIXED ASSETS

Tangible assets

3

103,840

138,454

Investments

4

1

1

103,841

138,455

CURRENT ASSETS

Debtors

5

35,494

33,257

Prepayments and accrued income

20,974

20,974

Cash at bank

53

152

56,521

54,383

CREDITORS

Amounts falling due within one year

6

357,536

348,024

NET CURRENT LIABILITIES

(301,015

)

(293,641

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(197,174

)

(155,186

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

(197,175

)

(155,187

)

SHAREHOLDERS' FUNDS

(197,174

)

(155,186

)

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 director acknowledges her 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 director on 28 September 2018 and were signed by:

D Sanger - Director

1.	STATUTORY INFORMATION

Number 1 TV and 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.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of

financial position 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.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2017

and 31 December 2017

173,350

DEPRECIATION

At 1 January 2017

34,896

Charge for year

34,614

At 31 December 2017

69,510

NET BOOK VALUE

At 31 December 2017

103,840

At 31 December 2016

138,454

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2017

and 31 December 2017

1

NET BOOK VALUE

At 31 December 2017

1

At 31 December 2016

1

Subsidiary Undertaking:

Country of Registration:

Percentage Shareholding:

Class:

UC Numara Radyo

Turkey

97.98%

Ordinary

Iki Numara Radyo

Turkey

97.96%

Ordinary

Bir Numara Radyo

Turkey

50.40%

Ordinary

Klas Radio

Turkey

50.30%

Ordinary

Dort Numara

Turkey

54.00%

Ordinary

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Other debtors

35,494

33,257

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Bank loans and overdrafts

42

-

Other creditors

357,494

348,024

357,536

348,024

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.17

31.12.16

value:

£

£

1

Ordinary shares

1

1

1

8.	RELATED PARTY DISCLOSURES

At the year end an amount of £227,532 was owed to (2016 - £227,532) Ali Naci Karacan who is considered to be the

ultimate controlling party.