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REGISTERED NUMBER: 03533075 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

REVIEW CENTRE LIMITED

REVIEW CENTRE LIMITED (REGISTERED NUMBER: 03533075)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


REVIEW CENTRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2018







DIRECTORS: G P Collins
M K Ambros





REGISTERED OFFICE: Indigo House
Mulberry Business Park
Fishponds Road
Wokingham
RG41 2GY





REGISTERED NUMBER: 03533075 (England and Wales)





AUDITORS: Haines Watts
Chartered Accountants and Statutory Auditors
Advantage
87 Castle Street
Reading
Berkshire
RG1 7SN

REVIEW CENTRE LIMITED (REGISTERED NUMBER: 03533075)

BALANCE SHEET
31 DECEMBER 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 44,905 21,156
Tangible assets 5 409 1,018
45,314 22,174

CURRENT ASSETS
Debtors 6 74,426 209,755
Cash at bank and in hand 25,023 160,176
99,449 369,931
CREDITORS
Amounts falling due within one year 7 93,621 273,692
NET CURRENT ASSETS 5,828 96,239
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,142

118,413

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 51,140 118,411
SHAREHOLDERS' FUNDS 51,142 118,413

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors on 3 May 2019
and were signed on its behalf by:





G P Collins - Director


REVIEW CENTRE LIMITED (REGISTERED NUMBER: 03533075)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018


1. STATUTORY INFORMATION

Review Centre Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Income is earned from a number of streams through the company's website. Revenue is recognised
immediately once the right to consideration is obtained.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are
measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling
at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at
the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

REVIEW CENTRE LIMITED (REGISTERED NUMBER: 03533075)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2018


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2018 1,387,599
Additions 46,899
At 31 December 2018 1,434,498
AMORTISATION
At 1 January 2018 1,366,443
Charge for year 23,150
At 31 December 2018 1,389,593
NET BOOK VALUE
At 31 December 2018 44,905
At 31 December 2017 21,156

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2018 5,175
Additions 441
At 31 December 2018 5,616
DEPRECIATION
At 1 January 2018 4,157
Charge for year 1,050
At 31 December 2018 5,207
NET BOOK VALUE
At 31 December 2018 409
At 31 December 2017 1,018

REVIEW CENTRE LIMITED (REGISTERED NUMBER: 03533075)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2018


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 42,287 60,083
Amounts owed by group undertakings 21,164 798
Other debtors 10,975 148,874
74,426 209,755

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 10,905 4,844
Taxation and social security 28,582 88,801
Other creditors 54,134 180,047
93,621 273,692

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ben Loveday FCCA (Senior Statutory Auditor)
for and on behalf of Haines Watts

9. RELATED PARTY DISCLOSURES

Trumpet Media Limited
The immediate parent company.

Provided a loan to its immediate parent during the year.

Also during the year, the company paid dividends of £179,525 to its immediate parent company.

Amount due from Trumpet Media Limited at the balance sheet date is £21,164 (2017: £798).

eKomi Limited
A subsidiary of the ultimate parent company.

During the year, the company paid monitoring fees of £8,400 to eKomi Limited. Also during the year,
the company provided services to eKomi Limited totalling £1,361.

Amount due to eKomi Limited at the balance sheet date is £26,393 (2017: £18,900).

10. ULTIMATE CONTROLLING PARTY

Medici Holding GmbH, a company incorporated in Germany, is regarded by the directors as the
company's ultimate parent company.

The ultimate controlling party is not known.