REGISTERED NUMBER: 06320515 (England and Wales)

Accelerate Media Limited

Abbreviated Unaudited Accounts for the Year Ended 31 July 2012

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTORS:

Mrs W R Kerr

M A Munley

SECRETARY:

Banstead Registrars Limited

REGISTERED OFFICE:

2nd Floor Curzon House

24 High Street

Banstead

Surrey

SM7 2LJ

REGISTERED NUMBER:

06320515 (England and Wales)

ACCOUNTANTS:

Langdon West Williams PLC

Curzon House 2nd Floor

24 High Street

Banstead

Surrey

SM7 2LJ

FIXED ASSETS

Intangible assets

2

300

300

Tangible assets

3

-

-

300

300

CURRENT ASSETS

Cash at bank

49

254

CREDITORS

Amounts falling due within one year

8,784

4,565

NET CURRENT LIABILITIES

(8,735

)

(4,311

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,435

)

(4,011

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(8,535

)

(4,111

)

SHAREHOLDERS' FUNDS

(8,435

)

(4,011

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2012.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2012 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 April 2013 and were signed on its behalf by:

M A Munley - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention, in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008) and on a going concern basis dependent

on the continued support of the directors.

Accounting convention

The financial statements have been prepared under the historical cost convention, in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008) and on a going concern basis dependent

on the continues support of the directors.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2011

and 31 July 2012

300

NET BOOK VALUE

At 31 July 2012

300

At 31 July 2011

300

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2011

and 31 July 2012

2,157

DEPRECIATION

At 1 August 2011

and 31 July 2012

2,157

NET BOOK VALUE

At 31 July 2012

-

At 31 July 2011

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2012

2011

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE CONTROLLING PARTY

The controlling party is M A Munley.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Accelerate Media Limited for the year ended 31 July 2012 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Accelerate Media Limited, as a body, in accordance with our

terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

Accelerate Media Limited and state those matters that we have agreed to state to the Board of Directors of Accelerate

Media Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the

fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its

Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Accelerate Media Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Accelerate Media

Limited. You consider that Accelerate Media Limited 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 financial statements of Accelerate Media Limited.

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 financial statements.

Langdon West Williams PLC

Curzon House 2nd Floor

24 High Street

Banstead

Surrey

SM7 2LJ

Date: .............................................