GYBE MEDIA & TECHNOLOGY LIMITED

		2016
	Notes	£	£
FIXED ASSETS

CURRENT ASSETS
Cash at bank and in hand		3,535

		3,535
Creditors: Amounts Falling Due Within One Year		(1,366 )

NET CURRENT ASSETS (LIABILITIES)			2,169

TOTAL ASSETS LESS CURRENT LIABILITIES			2,169

NET ASSETS			2,169

CAPITAL AND RESERVES
Called up share capital	3		10
Profit and Loss Account			2,159

SHAREHOLDERS' FUNDS			2,169

For the year ending 31 August 2016 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr IOANNIS COSTOPOULOS

31/05/2017

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 Financial Reporting Standard for Smaller Entities (effective January 2015).

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:

Computer Equipment

STRAIGHT LINE METHOD

2. Tangible Assets


	Total
Cost	£
As at 1 September 2015	2,741

As at 31 August 2016	2,741

Depreciation
As at 1 September 2015	2,258
Provided during the period	483

As at 31 August 2016	2,741

Net Book Value
As at 31 August 2016	-

As at 1 September 2015	483

3. Share Capital

	Value	Number	2016
Allotted, called up and fully paid	£		£
Ordinary shares	10.000	1	10

4. 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.