Popkorn Media Limited - Accounts to registrar (filleted) - small 18.1
Popkorn Media Limited - Accounts to registrar (filleted) - small 18.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2017 |
| for |
| Popkorn Media Limited |
| Popkorn Media Limited (Registered number: 06313046) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Popkorn Media Limited |
| Company Information |
| for the Year Ended 31 December 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 39 Long Acre |
| London |
| WC2E 9LG |
| Popkorn Media Limited (Registered number: 06313046) |
| Balance Sheet |
| 31 December 2017 |
| 31.12.17 | 31.12.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 8 |
| NET ASSETS/(LIABILITIES) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Retained earnings | ( |
) | ( |
) |
| ( |
) |
| 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. |
| Popkorn Media Limited (Registered number: 06313046) |
| Balance Sheet - continued |
| 31 December 2017 |
| 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 signed on its behalf by: |
| Popkorn Media Limited (Registered number: 06313046) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2017 |
| 1. | STATUTORY INFORMATION |
| Popkorn Media Limited is a |
| 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 |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding |
| discounts, rebates, value added tax and other sales taxes. |
| Where projects span a longer period, turnover is determined by the stage of completion of |
| the project. |
| Tangible fixed assets |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realizable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable |
| overheads. |
| 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. |
| Popkorn Media Limited (Registered number: 06313046) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 2. | ACCOUNTING POLICIES - continued |
| Future developments |
| The directors have confirmed their intention to wind the company down within 12 months of |
| the signing of these financial statements. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | Plant and | and | Computer |
| property | machinery | fittings | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 January 2017 |
| Additions |
| At 31 December 2017 |
| DEPRECIATION |
| At 1 January 2017 |
| Charge for year |
| At 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| At 31 December 2016 |
| 5. | STOCKS |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Work-in-progress |
| 6. | DEBTORS |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| Other debtors |
| Directors' loan accounts | - | 11,889 |
| Accrued income |
| Prepayments |
| Popkorn Media Limited (Registered number: 06313046) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 6. | DEBTORS - continued |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT | 5,436 | 34,135 |
| Other creditors |
| Accruals and deferred income |
| Accrued expenses |
| 8. | PROVISIONS FOR LIABILITIES |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Deferred tax | 9,893 | 6,667 |
| Deferred |
| tax |
| £ |
| Balance at 1 January 2017 |
| Provided during year |
| Balance at 31 December 2017 |
| 9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended |
| 31 December 2017 and 31 December 2016: |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts repaid |
| Amounts written off | (4,397 | ) | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| Popkorn Media Limited (Registered number: 06313046) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued |
| Balance outstanding at start of year |
| Amounts repaid |
| Amounts written off | (7,492 | ) | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |