SJM Technical Media Ltd 08011881 false true 2014-05-01 2015-04-30 2015-04-30 08011881 2014-05-01 2015-04-30 08011881 2015-04-30 08011881 uk-bus:OrdinaryShareClass1 2015-04-30 08011881 uk-bus:AllEntityOfficers 2014-05-01 2015-04-30 08011881 uk-bus:Director1 2014-05-01 2015-04-30 08011881 uk-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 08011881 uk-bus:EntityAccountantsOrAuditors 2014-05-01 2015-04-30 08011881 uk-gaap:PositiveGoodwill 2014-05-01 2015-04-30 08011881 uk-gaap:PlantMachinery 2014-05-01 2015-04-30 08011881 2014-04-30 08011881 2014-04-30 08011881 uk-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP xbrli:shares

Registration number: 08011881

SJM Technical Media Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2015
 

AIMS Accountants for Business
Old Brewery House
1-3 Ashton Rd
Bristol
BS3 2EA

 

SJM Technical Media Ltd
Contents

Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3 to 4

 

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Management Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
SJM Technical Media Ltd
for the Year Ended 30 April 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SJM Technical Media Ltd for the year ended 30 April 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of SJM Technical Media Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of SJM Technical Media Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SJM Technical Media Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that SJM Technical Media Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SJM Technical Media Ltd. You consider that SJM Technical Media Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of SJM Technical Media Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

AIMS Accountants for Business
Old Brewery House
1-3 Ashton Rd
Bristol
BS3 2EA

2 November 2015

 

SJM Technical Media Ltd
(Registration number: 08011881)
Abbreviated Balance Sheet at 30 April 2015

   

Note

   

2015
£

   

2014
£

 

Fixed assets

 

             

Intangible fixed assets

 

   

10,000

   

20,000

 

Tangible fixed assets

 

   

21,111

   

26,466

 
   

   

31,111

   

46,466

 

Current assets

 

             

Debtors

 

   

16,710

   

8,789

 

Cash at bank and in hand

 

   

1,354

   

5,275

 
   

   

18,064

   

14,064

 

Creditors: Amounts falling due within one year

 

   

(48,710)

   

(59,916)

 

Net current liabilities

 

   

(30,646)

   

(45,852)

 

Net assets

 

   

465

   

614

 

Capital and reserves

 

             

Called up share capital

 

3

   

1

   

1

 

Profit and loss account

 

   

464

   

613

 

Shareholders' funds

 

   

465

   

614

 

For the year ending 30 April 2015 the company was entitled to exemption 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 .

Approved by the director on 2 November 2015

.........................................
Mr John Matchett
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

 

SJM Technical Media Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Amortisation method and rate

Goodwill

Four year straight line

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

 

SJM Technical Media Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

2

Fixed assets

   

Intangible assets
£

   

Tangible assets
£

   

Total
£

 

Cost

                 

At 1 May 2014

 

40,000

   

45,133

   

85,133

 

Additions

 

-

   

1,682

   

1,682

 

At 30 April 2015

 

40,000

   

46,815

   

86,815

 

Depreciation

                 

At 1 May 2014

 

20,000

   

18,667

   

38,667

 

Charge for the year

 

10,000

   

7,037

   

17,037

 

At 30 April 2015

 

30,000

   

25,704

   

55,704

 

Net book value

                 

At 30 April 2015

 

10,000

   

21,111

   

31,111

 

At 30 April 2014

 

20,000

   

26,466

   

46,466

 

3

Share capital

Allotted, called up and fully paid shares

 

2015

2014

   

No.

   

£

   

No.

   

£

 

Ordinary of £1 each

 

1

   

1

   

1

   

1

 
                         

4

Related party transactions

Director's advances and credits

 

2015
Advance/ Credit
£

2015
Repaid
£

2014
Advance/ Credit
£

2014
Repaid
£

Mr John Matchett

Loan to director

-

-

49,941

-

         
         

Options

Monitor

  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
Monitor Now

Please Help Us!

Was this document useful to you? Please Like our page. The more Likes we get, the more documents we can supply you free. Thanks.