Get Your Media Ltd 30/06/2019 iXBRL
Get Your Media Ltd 30/06/2019 iXBRL
Unaudited filleted financial statements
Company registration number:
11439382
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Directors and other information
Director |
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(Appointed - 28 June 2018) | |
Company number |
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Registered office |
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Accountants |
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1 Victoria Court | |||
Bank Square | |||
Morley | |||
Leeds | |||
LS27 9SE | |||
Bankers |
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1 Victoria Place | ||
Holbeck | ||
LS11 5AN | ||
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Get Your Media Ltd
Period ended 30 June 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Get Your Media Ltd for the period ended 30 June 2019 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/ regulations-standards-and-guidance/.
This report is made solely to the board of directors of Get Your Media Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Get Your Media Ltd and state those matters that we have agreed to state to the board of directors of Get Your Media Ltd as a body, in this report in accordance with the ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Get Your Media Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Get Your Media Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Get Your Media Ltd. You consider that Get Your Media Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Get Your Media Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Accountants
1 Victoria Court
Bank Square
Morley
Leeds
LS27 9SE
4 November 2019
Statement of financial position
30 June 2019
30/06/19 | |||||
Note | £ | £ | |||
Fixed assets | |||||
Tangible assets | 5 |
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Current assets | |||||
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||
within one year | 7 |
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Net current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves | |||||
Called up share capital |
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Profit and loss account |
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Shareholder funds |
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Directors responsibilities:
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The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
04 November 2019
, and are signed on behalf of the board by:
Director
Company registration number:
11439382
Notes to the financial statements
Period ended 30 June 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Victoria Court, Bank Square, Morley, Leeds, LS27 9SE.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Computer equipment | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
Stocks
Provisions
Financial instruments
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
2
5.
Tangible assets
Computer equipment | Total | ||
£ | £ | ||
Cost | |||
At 28 June 2018 | - | - | |
Additions | 10,023 | 10,023 | |
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At 30 June 2019 |
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Depreciation | |||
At 28 June 2018 | - | - | |
Charge for the period |
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At 30 June 2019 |
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Carrying amount | |||
At 30 June 2019 |
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6.
Debtors
30/06/19 | |||
£ | |||
Trade debtors |
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7.
Creditors: amounts falling due within one year
30/06/19 | |||
£ | |||
Corporation tax |
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Social security and other taxes |
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Other creditors |
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8.
Related party transactions
During the period the company entered into the following transactions with related parties:
Balance owed by /(owed to) | ||
Period | ||
ended | ||
30/06/19 | ||
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