REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PRONOUNCE MEDIA LTD |
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 JANUARY 2021 |
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PRONOUNCE MEDIA LTD |
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 JANUARY 2021 |
|
|
|
|
|
PRONOUNCE MEDIA LTD (REGISTERED NUMBER: 11178193) |
|
|
|
|
|
|
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 JANUARY 2021 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
PRONOUNCE MEDIA LTD |
|
COMPANY INFORMATION |
for the Year Ended 31 JANUARY 2021 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
College House |
St Leonards Close |
Bridgnorth |
Shropshire |
WV16 4EJ |
PRONOUNCE MEDIA LTD (REGISTERED NUMBER: 11178193) |
|
BALANCE SHEET |
31 JANUARY 2021 |
|
2021 | 2020 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
) |
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital | 7 |
|
|
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
|
|
|
|
|
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. |
PRONOUNCE MEDIA LTD (REGISTERED NUMBER: 11178193) |
|
BALANCE SHEET - continued |
31 JANUARY 2021 |
|
|
|
|
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 and authorised for issue on
|
|
|
|
|
|
|
|
|
|
|
PRONOUNCE MEDIA LTD (REGISTERED NUMBER: 11178193) |
|
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 JANUARY 2021 |
|
1. | STATUTORY INFORMATION |
|
Pronounce Media Ltd is a
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
The financial statements have been prepared on a going concern basis not withstanding the deficit in shareholders' funds of £45,986 (2020: £7,705). The directors have a reasonable expectation that the company has access to adequate resources to continue in operational existence for the foreseeable future. They have considered a period of 12 months from the date of the approval of these financial statements. Therefore, the directors have continued to adopt a going concern basis. |
|
If the company were unable to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce balance sheet values of assets to their recoverable amounts, and to provide for further liabilities that might arise, and to reclassify fixed assets and long term liabilities as current assets and liabilities respectively. |
|
The company's financial statements are individual entity financial statements. |
|
The company's financial statements are presented in Sterling and all values are rounded to the nearest pound. |
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
|
Tangible fixed assets |
|
Computer equipment | - |
|
|
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. |
|
PRONOUNCE MEDIA LTD (REGISTERED NUMBER: 11178193) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 JANUARY 2021 |
|
2. | ACCOUNTING POLICIES - continued |
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. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1 February 2020 |
|
Additions |
|
At 31 January 2021 |
|
DEPRECIATION |
At 1 February 2020 |
|
Charge for year |
|
At 31 January 2021 |
|
NET BOOK VALUE |
At 31 January 2021 |
|
At 31 January 2020 |
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Other debtors |
|
|
PRONOUNCE MEDIA LTD (REGISTERED NUMBER: 11178193) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 JANUARY 2021 |
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Other creditors |
|
|
|
7. | CALLED UP SHARE CAPITAL |
|
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2021 | 2020 |
value: | £ | £ |
|
Ordinary A | 0.05 | 10 | 1 |
|
Ordinary B | 1 | 5 | - |
15 | 1 |
|
The following shares were allotted and fully paid for cash at par during the year: |
|
180 Ordinary A shares of 0.05 each |
5 Ordinary B shares of 1 each |