LP Media Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04893400 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2014

FOR

LP MEDIA LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J C Hutchings

SECRETARY:

J C Hutchings

REGISTERED OFFICE:

76 Aldwick Road

Bognor Regis

West Sussex

PO21 2PE

REGISTERED NUMBER:

04893400 (England and Wales)

ACCOUNTANTS:

Bromley Clackett Limited

76 Aldwick Road

Bognor Regis

West Sussex

PO21 2PE

FIXED ASSETS

Tangible assets

2

610

567

CURRENT ASSETS

Stocks

90,383

58,918

Debtors

124,071

107,187

Cash at bank

15,105

31,633

229,559

197,738

CREDITORS

Amounts falling due within one year

121,588

105,081

NET CURRENT ASSETS

107,971

92,657

TOTAL ASSETS LESS CURRENT LIABILITIES

108,581

93,224

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

108,481

93,124

SHAREHOLDERS' FUNDS

108,581

93,224

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 8th January 2015 and were signed by:

J C Hutchings - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net amounts receivable for goods and services provided, excluding value added tax.

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2013

7,643

Additions

573

At 30th September 2014

8,216

DEPRECIATION

At 1st October 2013

7,076

Charge for year

530

At 30th September 2014

7,606

NET BOOK VALUE

At 30th September 2014

610

At 30th September 2013

567

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

100

Ordinary

£1

100

100