WORLD TELEVISION LTD.

Company Registration Number:
02590549 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

WORLD TELEVISION LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2018

Balance sheet
Notes

WORLD TELEVISION LTD.

Balance sheet

As at 31 December 2018


Notes

2018

2017


£

£
Fixed assets
Tangible assets: 3 24,000 18,000
Total fixed assets: 24,000 18,000
Current assets
Debtors:   1,646,000 1,557,000
Cash at bank and in hand: 621,000 504,000
Total current assets: 2,267,000 2,061,000
Creditors: amounts falling due within one year:   (1,398,000) (1,686,000)
Net current assets (liabilities): 869,000 375,000
Total assets less current liabilities: 893,000 393,000
Creditors: amounts falling due after more than one year: 4 (8,000) (8,000)
Total net assets (liabilities): 885,000 385,000
Capital and reserves
Called up share capital: 28,000 28,000
Share premium account: 453,000 453,000
Other reserves: 5,000 5,000
Profit and loss account: 399,000 (101,000)
Shareholders funds: 885,000 385,000

The notes form part of these financial statements

WORLD TELEVISION LTD.

Balance sheet statements

For the year ending 31 December 2018 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 September 2019
and signed on behalf of the board by:

Name: Peter Sibley
Status: Director

The notes form part of these financial statements

WORLD TELEVISION LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WORLD TELEVISION LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Employees

2018 2017
Average number of employees during the period 24 22

WORLD TELEVISION LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Tangible Assets

Total
Cost £
At 01 January 2018 709,000
Additions 19,000
At 31 December 2018 728,000
Depreciation
At 01 January 2018 691,000
Charge for year 13,000
At 31 December 2018 704,000
Net book value
At 31 December 2018 24,000
At 31 December 2017 18,000

WORLD TELEVISION LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2018

4. Creditors: amounts falling due after more than one year note

Amounts owed to group undertakings are unsecured and interest free.