Three Sixty Media Group Ltd - Abbreviated accounts 16.1

Three Sixty Media Group Ltd - Abbreviated accounts 16.1

THREE SIXTY MEDIA GROUP LIMITED - Company Information

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REGISTERED NUMBER: 09477028 (England and Wales)











Abbreviated Unaudited Accounts

for the Period 9 March 2015 to 31 March 2016

for

Three Sixty Media Group Ltd

Three Sixty Media Group Ltd (Registered number: 09477028)






Contents of the Abbreviated Accounts
for the Period 9 March 2015 to 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Report of the Accountants 5

Three Sixty Media Group Ltd

Company Information
for the Period 9 March 2015 to 31 March 2016







DIRECTORS: D Leatt
Mrs V Leatt





REGISTERED OFFICE: 12 Darley Abbey Mills
Darley Abbey
Derby
Derbyshire
DE22 1DZ





REGISTERED NUMBER: 09477028 (England and Wales)





ACCOUNTANTS: A Butler & Co
12 Darley Abbey Mills
Darley Abbey
Derby
Derbyshire
DE22 1DZ
Page 1
Three Sixty Media Group Ltd (Registered number: 09477028)

Abbreviated Balance Sheet
31 March 2016

Notes £    £   
FIXED ASSETS
Intangible assets 2 7,500
Tangible assets 3 7,855
15,355

CURRENT ASSETS
Stocks 12,316
Debtors 90,031
Cash at bank 3,667
106,014
CREDITORS
Amounts falling due within one year 82,746
NET CURRENT ASSETS 23,268
TOTAL ASSETS LESS CURRENT
LIABILITIES
38,623

CAPITAL AND RESERVES
Called up share capital 4 90
Profit and loss account 38,533
SHAREHOLDERS' FUNDS 38,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 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 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 Board of Directors on 1 September 2016 and were signed on its behalf
by:




Mrs V Leatt - Director


The notes form part of these abbreviated accounts

Page 2
Three Sixty Media Group Ltd (Registered number: 09477028)

Notes to the Abbreviated Accounts
for the Period 9 March 2015 to 31 March 2016

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 January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of four years.

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 - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
Additions 10,000
At 31 March 2016 10,000
AMORTISATION
Amortisation for period 2,500
At 31 March 2016 2,500
NET BOOK VALUE

At 31 March 2016 7,500

Page 3 continued...
Three Sixty Media Group Ltd (Registered number: 09477028)

Notes to the Abbreviated Accounts - continued
for the Period 9 March 2015 to 31 March 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 10,769
At 31 March 2016 10,769
DEPRECIATION
Charge for period 2,914
At 31 March 2016 2,914
NET BOOK VALUE
At 31 March 2016 7,855

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
90 Ordinary 1 90

90 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2016:

£   
Mrs V Leatt
Balance outstanding at start of period -
Amounts advanced 710
Amounts repaid -
Balance outstanding at end of period 710

Page 4
Three Sixty Media Group Ltd

Report of the Accountants to the Directors of
Three Sixty Media Group Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended 31 March 2016 set out on pages three to seven 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.






A Butler & Co
12 Darley Abbey Mills
Darley Abbey
Derby
Derbyshire
DE22 1DZ


1 September 2016

This page does not form part of the abbreviated accounts

Page 5