RSM MEDIA EXPO LTD - Abbreviated accounts 16.3

REGISTERED NUMBER: 07419188 (England and Wales)

RSM MEDIA EXPO LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

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

2

74,606

4,091

CURRENT ASSETS

Debtors

42,592

23,661

Cash at bank and in hand

487,074

372,486

529,666

396,147

CREDITORS

Amounts falling due within one year

61,676

51,989

NET CURRENT ASSETS

467,990

344,158

TOTAL ASSETS LESS CURRENT
LIABILITIES

542,596

348,249

CREDITORS

Amounts falling due after more than one
year

44,590

-

NET ASSETS

498,006

348,249

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

497,906

348,149

SHAREHOLDERS' FUNDS

498,006

348,249

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 6 September 2017 and were signed on its behalf
by:

R Manek - Director

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 services, excluding value added tax.

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

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 the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

9,867

Additions

82,448

At 31 October 2016

92,315

DEPRECIATION

At 1 November 2015

5,776

Charge for year

11,933

At 31 October 2016

17,709

NET BOOK VALUE

At 31 October 2016

74,606

At 31 October 2015

4,091

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

100

Ordinary

£1

100