AB3 MEDIA LIMITED

Contents
	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 07559378

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	6		23,389		10,906

			23,389		10,906
CURRENT ASSETS
Debtors	7	10,078		13,873
Cash at bank and in hand		906		3,914

		10,984		17,787
Creditors: Amounts Falling Due Within One Year	8	(18,231 )		(5,944 )

NET CURRENT ASSETS (LIABILITIES)			(7,247 )		11,843

TOTAL ASSETS LESS CURRENT LIABILITIES			16,142		22,749

NET ASSETS			16,142		22,749

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and loss account			16,141		22,748

SHAREHOLDERS' FUNDS			16,142		22,749

Page 1

AB3 MEDIA LIMITED

Balance Sheet (continued)

As at 31 March 2017

For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has 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.

On behalf of the board

Mr QUINTON JENKINS

16/08/2017

	Share Capital	Profit & Loss Account	Total
	£	£	£
As at 1 April 2015	1	19,512	19,513
Profit for the year and total comprehensive income	-	13,236	13,236

Dividends paid	-	(10,000)	(10,000)

As at 31 March 2016 and 1 April 2016	1	22,748	22,749


Loss for the year and total comprehensive income	-	(6,607 )	(6,607)

As at 31 March 2017	1	16,141	16,142

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

20% on reducing balance

1.4. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

3. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2017	2016
	£	£
Wages and salaries	18,201	16,868

	18,201	16,868

4. Average number of employees

Average number of employees, including directors, during the year was as follows:

	2017		2016

Page 4

AB3 MEDIA LIMITED

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

6. Tangible Assets


	Plant & Machinery
	£
Cost
As at 1 April 2016	22,720
Additions	18,330

As at 31 March 2017	41,050

Depreciation
As at 1 April 2016	11,814
Provided during the period	5,847

As at 31 March 2017	17,661

Net Book Value
As at 31 March 2017	23,389

As at 1 April 2016	10,906

7. Debtors

	2017	2016
	£	£
Due within one year
Trade debtors	10,078	1,446
Corporation tax recoverable assets	-	12,427

	10,078	13,873

8. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Trade creditors	851	851
Bank loans and overdrafts	1,784	1,784
Corporation tax	-	3,309
Director's loan account	15,596	-

	18,231	5,944

9. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	1	1	1

10. Transactions With and Loans to Directors

Page 5

AB3 MEDIA LIMITED

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

Dividends paid to directors

11. Dividends

	2017	2016
	£	£
On equity shares:
Final dividend paid	-	10,000

	-	10,000

12. Ultimate Controlling Party

The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.

13. General Information

AB3 MEDIA LIMITED Registered number 07559378 is a limited by shares company incorporated in England & Wales. The Registered Office is WARWICK BUSINESS CENTRE, HAWKES DRIVE, HEATHCOTE IND ESTATE, WARWICK, WARWICKSHIRE, CV34 6LX.