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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE PERIOD 2 AUGUST 2016 TO 31 JANUARY 2018 |
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STATURE MEDIA LTD |
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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE PERIOD 2 AUGUST 2016 TO 31 JANUARY 2018 |
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FOR |
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STATURE MEDIA LTD |
STATURE MEDIA LTD (REGISTERED NUMBER: 10308840) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 2 AUGUST 2016 TO 31 JANUARY 2018 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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STATURE MEDIA LTD |
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COMPANY INFORMATION |
FOR THE PERIOD 2 AUGUST 2016 TO 31 JANUARY 2018 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
and Chartered Tax Advisers |
Larch House |
Parklands Business Park |
Denmead |
Hampshire |
PO7 6XP |
STATURE MEDIA LTD (REGISTERED NUMBER: 10308840) |
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BALANCE SHEET |
31 JANUARY 2018 |
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Notes | $ | $ |
FIXED ASSETS |
Tangible assets | 4 |
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Investments | 5 |
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CURRENT ASSETS |
Debtors | 6 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 7 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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PROVISIONS FOR LIABILITIES | 8 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital | 9 |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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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. |
STATURE MEDIA LTD (REGISTERED NUMBER: 10308840) |
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BALANCE SHEET - continued |
31 JANUARY 2018 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved and authorised for issue by the Board of Directors on
and were signed on its behalf by: |
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STATURE MEDIA LTD (REGISTERED NUMBER: 10308840) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 2 AUGUST 2016 TO 31 JANUARY 2018 |
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1. | STATUTORY INFORMATION |
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Stature Media Ltd is a
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company's registered number and registered office address can be found on the Company Information |
page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
rebates, value added tax and other sales taxes. |
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Tangible fixed assets |
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Plant and machinery etc | - |
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Taxation |
Taxation for the period 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. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
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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 period end and that |
are expected to apply to the reversal of the timing difference. |
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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. |
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Foreign currencies |
Assets and liabilities in foreign currencies are translated into US Dollars at the rates of exchange ruling |
at the balance sheet date. Transactions in foreign currencies are translated into US Dollars at the rate |
of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
the operating result. |
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Functional currency |
The directors have reviewed the functional currency of the company and concluded that it is US |
Dollars and therefore the financial statements have been prepared in this currency. |
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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. |
STATURE MEDIA LTD (REGISTERED NUMBER: 10308840) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 2 AUGUST 2016 TO 31 JANUARY 2018 |
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2. | ACCOUNTING POLICIES - continued |
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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. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the period was
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4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
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COST |
Additions |
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At 31 January 2018 |
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DEPRECIATION |
Charge for period |
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At 31 January 2018 |
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NET BOOK VALUE |
At 31 January 2018 |
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5. | FIXED ASSET INVESTMENTS |
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Investments (neither listed nor unlisted) were as follows: |
$ |
Additions | 26,222 |
Revaluations | (7,304 | ) |
18,918 |
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Investments relate to Cryptocurrency holdings. |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
$ |
Trade debtors |
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Other debtors |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
$ |
Trade creditors |
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Taxation and social security |
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Other creditors |
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STATURE MEDIA LTD (REGISTERED NUMBER: 10308840) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 2 AUGUST 2016 TO 31 JANUARY 2018 |
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8. | PROVISIONS FOR LIABILITIES |
$ |
Deferred tax | 445 |
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Deferred |
tax |
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Provided during period |
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Balance at 31 January 2018 |
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9. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | $ |
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Ordinary shares | £0.10 | 10 |
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10. | RELATED PARTY DISCLOSURES |
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During the period, total dividends of $37,507 were paid to the directors . |
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The aggregate amount owed to connected companies at the balance sheet date is £32,065. |
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During the period the company was charged £6,949 by connected companies for rent and other |
recharges. |
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11. | ULTIMATE CONTROLLING PARTY |
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The company is not under the control of any one individual. |