AJB Media Limited - Accounts to registrar (filleted) - small 18.2

AJB Media Limited - Accounts to registrar (filleted) - small 18.2

AJB MEDIA LIMITED - Company Information

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REGISTERED NUMBER: 07763398 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2018

FOR

AJB MEDIA LIMITED
AJB MEDIA LIMITED (REGISTERED NUMBER: 07763398)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AJB MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2018







DIRECTORS: Mrs A J Bradford
Mr R G Bradford





REGISTERED OFFICE: Woodlands
Whitehouse Lane
Codsall Wood
Wolverhampton
WV8 1QS





REGISTERED NUMBER: 07763398 (England and Wales)





ACCOUNTANTS: Holder Blackthorn LLP
Blackthorn House
St Pauls Square
Birmingham
B3 1RL
Page 1
AJB MEDIA LIMITED (REGISTERED NUMBER: 07763398)

BALANCE SHEET
30 SEPTEMBER 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 321 194

CURRENT ASSETS
Debtors 5 148,083 190,883
Cash at bank 131,684 49,369
279,767 240,252
CREDITORS
Amounts falling due within one year 6 161,111 137,927
NET CURRENT ASSETS 118,656 102,325
TOTAL ASSETS LESS CURRENT
LIABILITIES
118,977
102,519

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 118,975 102,517
SHAREHOLDERS' FUNDS 118,977 102,519

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 22 June 2019 and were signed on its behalf by:





Mrs A J Bradford - Director


The notes form part of these financial statements

Page 2
AJB MEDIA LIMITED (REGISTERED NUMBER: 07763398)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018

1. STATUTORY INFORMATION

AJB 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 net of VAT and trade
discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods
Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods
have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic
benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in
respect of the transaction can be measured reliably. This is usually on delivery of the goods.

Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from testing, servicing and repair work is
recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by
reference to work performed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses
recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on 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 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.

Page 3
AJB MEDIA LIMITED (REGISTERED NUMBER: 07763398)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2018

2. ACCOUNTING POLICIES - continued

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2017 1,999
Additions 481
At 30 September 2018 2,480
DEPRECIATION
At 1 October 2017 1,805
Charge for year 354
At 30 September 2018 2,159
NET BOOK VALUE
At 30 September 2018 321
At 30 September 2017 194

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 90,442 157,566
Other debtors 57,641 33,317
148,083 190,883

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 101,315 76,024
Taxation and social security 7,229 17,117
Other creditors 52,567 44,786
161,111 137,927

Page 4
AJB MEDIA LIMITED (REGISTERED NUMBER: 07763398)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2018

7. CALLED UP SHARE CAPITAL


Allotted and issued:
Number: Class: Nominal 2018 2017
value: £    £   
2 Ordinary £1 2 2

Page 5