Company Registration No. 08502026 (England and Wales)
Foxton Media Limited
Abbreviated unaudited accounts
for the year ended 31 March 2016
Foxton Media Limited
Abbreviated Balance Sheet
as at
31 March 2016
Intangible assets
14,500
16,500
Tangible assets
14,203
11,651
Cash at bank and in hand
532,932
169,689
Creditors: amounts falling due within one year
(298,724)
(96,808)
Net current assets
256,068
85,750
Net assets
284,771
113,901
Called up share capital
1,001
1,000
Profit and loss account
283,770
112,901
Total shareholders' funds
284,771
113,901
For the year ending 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 26 November 2016
D Tailor
Director
Company Registration No. 08502026
Foxton Media Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2
Intangible fixed assets
Goodwill
Charge for the year
2,000
Foxton Media Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
3
Tangible fixed assets
Computer equipment
Charge for the year
2,506
4
Share capital
2016
2015
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
1 Ordinary class A shares of £1 each
1
-
Shares issued during the period:
1 Ordinary class A shares of £1 each
1