Echo Digital Media Limited - Accounts to registrar (filleted) - small 18.2

Echo Digital Media Limited - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Production v18.3.1.65 07384798 Board of Directors Board of Directors 1.3.17 28.2.18 28.2.18 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure073847982017-02-28073847982018-02-28073847982017-03-012018-02-28073847982016-02-29073847982016-03-012017-02-28073847982017-02-2807384798ns15:EnglandWales2017-03-012018-02-2807384798ns14:PoundSterling2017-03-012018-02-2807384798ns10:Director12017-03-012018-02-2807384798ns10:Director22017-03-012018-02-2807384798ns10:PrivateLimitedCompanyLtd2017-03-012018-02-2807384798ns10:SmallEntities2017-03-012018-02-2807384798ns10:AuditExempt-NoAccountantsReport2017-03-012018-02-2807384798ns10:SmallCompaniesRegimeForDirectorsReport2017-03-012018-02-2807384798ns10:SmallCompaniesRegimeForAccounts2017-03-012018-02-2807384798ns10:AbridgedAccounts2017-03-012018-02-280738479812017-03-012018-02-2807384798ns10:RegisteredOffice2017-03-012018-02-2807384798ns5:CurrentFinancialInstruments2018-02-2807384798ns5:CurrentFinancialInstruments2017-02-2807384798ns5:ShareCapital2018-02-2807384798ns5:ShareCapital2017-02-2807384798ns5:RetainedEarningsAccumulatedLosses2018-02-2807384798ns5:RetainedEarningsAccumulatedLosses2017-02-2807384798ns5:NetGoodwill2017-03-012018-02-2807384798ns5:IntangibleAssetsOtherThanGoodwill2017-03-012018-02-2807384798ns5:FurnitureFittings2017-03-012018-02-2807384798ns10:Director112017-02-2807384798ns10:Director112016-02-2907384798ns10:Director112017-03-012018-02-2807384798ns10:Director112016-03-012017-02-2807384798ns10:Director112018-02-2807384798ns10:Director112017-02-28


REGISTERED NUMBER: 07384798 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

ECHO DIGITAL MEDIA LIMITED

ECHO DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 07384798)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ECHO DIGITAL MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2018







DIRECTORS: Mr. P. A. Callaghan
Mr. R. Thornton





REGISTERED OFFICE: The Innovation Centre
Venture Court
Queens Meadow Business Park
Hartlepool
TS25 5TG





REGISTERED NUMBER: 07384798 (England and Wales)





ACCOUNTANTS: Baines Jewitt Limited
Chartered Accountants
Barrington House
41 - 45 Yarm Lane
Stockton-on-Tees
TS18 3EA

ECHO DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 07384798)

ABRIDGED BALANCE SHEET
28 FEBRUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,214 10,322
6,214 10,322

CURRENT ASSETS
Debtors 114,092 169,721
Cash at bank 136,907 64,737
250,999 234,458
CREDITORS
Amounts falling due within one year 79,289 89,298
NET CURRENT ASSETS 171,710 145,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

177,924

155,482

PROVISIONS FOR LIABILITIES 1,181 2,064
NET ASSETS 176,743 153,418

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 176,643 153,318
SHAREHOLDERS' FUNDS 176,743 153,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

ECHO DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 07384798)

ABRIDGED BALANCE SHEET - continued
28 FEBRUARY 2018


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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 28 February 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 30 November 2018 and were signed on its behalf
by:




Mr. P. A. Callaghan - Director



Mr. R. Thornton - Director


ECHO DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 07384798)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018


1. STATUTORY INFORMATION

Echo Digital Media 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value of work done, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings and computer equipment - 33% on cost and 15% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

ECHO DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 07384798)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2017 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2017
and 28 February 2018 1,500
AMORTISATION
At 1 March 2017
and 28 February 2018 1,500
NET BOOK VALUE

At 28 February 2018 -
At 28 February 2017 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2017
and 28 February 2018 23,831
DEPRECIATION
At 1 March 2017 13,509
Charge for year 4,108
At 28 February 2018 17,617
NET BOOK VALUE
At 28 February 2018 6,214
At 28 February 2017 10,322

ECHO DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 07384798)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018


6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2018 and
28 February 2017:

2018 2017
£    £   
Mr. P. A. Callaghan
Balance outstanding at start of year 6,252 -
Amounts advanced 42,500 6,252
Amounts repaid (38,750 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,002 6,252