RSM MEDIA EXPO LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07419188 (England and Wales)

RSM MEDIA EXPO LTD

FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2016 TO 25 APRIL 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Manek

Mrs S Manek

REGISTERED OFFICE:

Enterprise House

2 The Crest

Hendon

London

NW4 2HW

REGISTERED NUMBER:

07419188 (England and Wales)

ACCOUNTANT:

DICKER ECONOMOU & CO

Chartered Certified Accountants

Enterprise House

2 The Crest

Hendon

London

NW4 2HN

FIXED ASSETS

Tangible assets

4

51,783

74,606

CURRENT ASSETS

Debtors

5

58,060

42,592

Cash at bank and in hand

629,379

487,074

687,439

529,666

CREDITORS

Amounts falling due within one year

6

117,235

61,676

NET CURRENT ASSETS

570,204

467,990

TOTAL ASSETS LESS CURRENT LIABILITIES

621,987

542,596

CREDITORS

Amounts falling due after more than one year

7

-

44,590

NET ASSETS

621,987

498,006

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

621,887

497,906

SHAREHOLDERS' FUNDS

621,987

498,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 25 April 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 25 April 2018 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 7 March 2019 and were signed on its behalf by:

R Manek - Director

1.	STATUTORY INFORMATION

RSM MEDIA EXPO 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures, fittings & equipment

-

25% on reducing balance

Taxation

Taxation for the period 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 period 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital

element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Motor

& equipment

vehicles

Totals

£

£

£

COST

At 1 November 2016

23,656

68,659

92,315

Additions

871

-

871

At 25 April 2018

24,527

68,659

93,186

DEPRECIATION

At 1 November 2016

8,522

9,187

17,709

Charge for period

5,854

17,840

23,694

At 25 April 2018

14,376

27,027

41,403

NET BOOK VALUE

At 25 April 2018

10,151

41,632

51,783

At 31 October 2016

15,134

59,472

74,606

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 November 2016

and 25 April 2018

68,659

DEPRECIATION

At 1 November 2016

9,187

Charge for period

17,840

At 25 April 2018

27,027

NET BOOK VALUE

At 25 April 2018

41,632

At 31 October 2016

59,472

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

25.4.18

31.10.16

£

£

Other debtors

30,000

-

Directors' current accounts

10,586

42,592

Prepayments and accrued income

17,474

-

58,060

42,592

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

25.4.18

31.10.16

£

£

Hire purchase contracts

40,784

7,270

Corporation tax

70,098

51,852

Social security and other taxes

5,441

982

Accrued expenses

912

1,572

117,235

61,676

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

25.4.18

31.10.16

£

£

Hire purchase contracts

-

44,590

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

25.4.18

31.10.16

value:

£

£

100

Ordinary

£1

100

100