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Statement of Financial Position | 1—2 |
Notes to the Financial Statements | 3—7 |
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Intangible Assets | 3 |
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Tangible Assets | 4 |
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Investments | 5 |
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CURRENT ASSETS | |||||
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 ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 8 |
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Share premium account |
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Capital redemption reserve |
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Income Statement |
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SHAREHOLDERS' FUNDS | 59,976 | 66,752 | |||
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Website development |
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Fixtures & Fittings |
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Computer Equipment |
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Office and administration |
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Other | |||
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Cost | |||
As at |
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As at |
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Amortisation | |||
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Provided during the period |
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Net Book Value | |||
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Website development | Fixtures & Fittings | Computer Equipment | Total | |
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Cost | ||||
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Additions |
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Depreciation | ||||
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Provided during the period |
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As at |
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Net Book Value | ||||
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As at |
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Unlisted | |
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£ | |
Cost | |
As at |
62 |
As at |
62 |
Provision | |
As at |
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As at |
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Net Book Value | |
As at |
62 |
As at |
62 |
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£ | £ | ||
Due within one year | |||
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Amounts owed by group undertakings |
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Trade creditors |
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Other taxes and social security |
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Other creditors |
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Accruals and deferred income |
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Directors' loan accounts |
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J M Wilkinson
Director and shareholder
Mr Wilkinson has a credit loan balance with the company, which is unsecured, interest free and repayable on demand. At the period end the balance owed (to)/from J M Wilkinson amounted to (£15) (2018: (£15))
PPPay Limited
Mr Sewell and Mr Wilkinson, directors and shareholders, have a significant interest in PPPay Limited
The company charged PPPay Limited management fees during the year of £9,000. At the period end the balance owed (to)/from PPPay Limited amounted to £205 (2018: (£8,995))
Gasdigital Limited
Mr Sewell, a director and shareholder, has a significant interest in Gasdigital Limited
Gasdigital Limited supplied programming services during the year to the company amounting to £30,947. At the period end the balance owed (to)/from Gasdigital Limited amounted to (£19,481) (2018: (£4,969))
Ebid Holdings USA Inc
Wholly owned subsidary
Ebid Holdings USA Inc. incurred costs on behalf of Ebid Limited amounting to £30,868 during the year. Ebid Holdings USA Inc charged fees to EBid Limited of £5,865. The inter-company balance with its subsidiary is unsecured, interest free and repayable on demand. At the period end the balance owed (to)/from Ebid Holdings USA Inc. amounted to £22,155 (2018: £23,623)
G A Sewell
Director and shareholder
Mr Sewell has a credit loan balance with the company which is unsecured, interest free and repayable on demand. At the period end the balance owed (to)/from G A Sewell amounted to (£3,239) (Year ended 31 March 2018 (£2,343))