Transport Video Publishing Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06017449 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

Transport Video Publishing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTORS:

SW South

GM South

SECRETARY:

GM South

REGISTERED OFFICE:

30 The Broadway

Wheathampstead

St Albans

Hertfordshire

AL4 8LP

REGISTERED NUMBER:

06017449 (England and Wales)

ACCOUNTANTS:

Wheeler & Co

Chartered Accountants

24 Dukes Wood Avenue

Gerrards Cross

Buckinghamshire

SL9 7JT

FIXED ASSETS

Tangible assets

4

21,896

13,843

CURRENT ASSETS

Stocks

23,418

36,000

Debtors

5

6,165

6,388

Cash at bank

119,302

261,284

148,885

303,672

CREDITORS

Amounts falling due within one year

6

107,670

227,545

NET CURRENT ASSETS

41,215

76,127

TOTAL ASSETS LESS CURRENT LIABILITIES

63,111

89,970

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

7

63,109

89,968

SHAREHOLDERS' FUNDS

63,111

89,970

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 15 August 2019 and were signed on its behalf by:

SW South - Director

1.	STATUTORY INFORMATION

Transport Video Publishing 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 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, 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.

Plant and machinery etc

-

15% on reducing balance

Stocks

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

moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2018

-

110,044

110,044

Additions

10,129

-

10,129

At 31 December 2018

10,129

110,044

120,173

DEPRECIATION

At 1 January 2018

-

96,201

96,201

Charge for year

-

2,076

2,076

At 31 December 2018

-

98,277

98,277

NET BOOK VALUE

At 31 December 2018

10,129

11,767

21,896

At 31 December 2017

-

13,843

13,843

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade debtors

6,085

6,194

Other debtors

80

194

6,165

6,388

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade creditors

2,332

2,349

Taxation and social security

4,894

12,046

Other creditors

100,444

213,150

107,670

227,545

Other creditors above includes an amount due to the Directors of £ 40,843 ( 2017 £157,388 )

7.

RESERVES

Retained

earnings

£

At 1 January 2018

89,968

Profit for the year

7,141

Dividends

(34,000

)

At 31 December 2018

63,109

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors SW and GM South.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2018 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Wheeler & Co

Chartered Accountants

24 Dukes Wood Avenue

Gerrards Cross

Buckinghamshire

SL9 7JT

15 August 2019