Company Registration No. 12093581 (England and Wales)
DEFENCE MEDIA LIMITED
Unaudited accounts
for the year ended 31 July 2021
DEFENCE MEDIA LIMITED
Unaudited accounts
Contents
DEFENCE MEDIA LIMITED
Company Information
for the year ended 31 July 2021
Directors
Bethany Claire STEVENSON
Grant TURNBULL
Company Number
12093581 (England and Wales)
Registered Office
20-22 WENLOCK ROAD
(SUITE LP51239)
LONDON
N1 7GU
ENGLAND
Accountants
Cranleys Charterted Accountants
Winton House
Winton Square
Basingstoke
Hampshire
RG21 8EN
DEFENCE MEDIA LIMITED
Statement of financial position
as at
31 July 2021
Tangible assets
3,985
1,315
Cash at bank and in hand
43,808
28,291
Creditors: amounts falling due within one year
(16,040)
(13,422)
Net current assets
35,914
21,975
Called up share capital
2
2
Profit and loss account
39,897
23,288
Shareholders' funds
39,899
23,290
For the year ending 31 July 2021 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2021 and were signed on its behalf by
Bethany Claire STEVENSON
Director
Company Registration No. 12093581
DEFENCE MEDIA LIMITED
Notes to the Accounts
for the year ended 31 July 2021
DEFENCE MEDIA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12093581. The registered office is 20-22 WENLOCK ROAD, (SUITE LP51239), LONDON, N1 7GU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Charge for the year
1,328
DEFENCE MEDIA LIMITED
Notes to the Accounts
for the year ended 31 July 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
8,146
7,106
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
11,264
11,775
Loans from directors
4,776
1,033
7
Average number of employees
During the year the average number of employees was 2 (2020: 2).