Company Registration No. 06757918 (England and Wales)
Visible Media Ltd
Unaudited accounts
for the year ended 30 November 2017
Visible Media Ltd
Unaudited accounts
Contents
Visible Media Ltd
Company Information
for the year ended 30 November 2017
Director
Christophe Langlois
Company Number
06757918 (England and Wales)
Registered Office
7 ELM COURT
ADMIRAL WALK
LONDON
W9 3TZ
Visible Media Ltd
Statement of financial position
as at
30 November 2017
Tangible assets
1,890
2,661
Cash at bank and in hand
7,702
18,072
Creditors: amounts falling due within one year
(25,469)
(32,505)
Net current liabilities
(17,767)
(14,433)
Net liabilities
(15,877)
(11,772)
Called up share capital
1,000
1,000
Profit and loss account
(16,877)
(12,772)
Shareholders' funds
(15,877)
(11,772)
For the year ending 30 November 2017 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 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.
Approved by the Board on 29 January 2018.
Christophe Langlois
Director
Company Registration No. 06757918
Visible Media Ltd
Notes to the Accounts
for the year ended 30 November 2017
Visible Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 06757918. The registered office is 7 ELM COURT, ADMIRAL WALK, LONDON, W9 3TZ.
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.
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 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:
Visible Media Ltd
Notes to the Accounts
for the year ended 30 November 2017
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2016
7,249
3,985
11,234
Disposals
(7,249)
(1,442)
(8,691)
At 30 November 2017
-
3,471
3,471
At 1 December 2016
7,249
1,324
8,573
Charge for the year
-
829
829
On disposals
(7,249)
(572)
(7,821)
At 30 November 2017
-
1,581
1,581
At 30 November 2017
-
1,890
1,890
At 30 November 2016
-
2,661
2,661
5
Creditors: amounts falling due within one year
2017
2016
Loans from directors
25,469
32,505
6
Share capital
2017
2016
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).