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REGISTERED NUMBER: 02787472 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

MEDIA SYNTHESIS LTD

MEDIA SYNTHESIS LTD (REGISTERED NUMBER: 02787472)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MEDIA SYNTHESIS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2018







DIRECTOR: Michael Eleftheriades





SECRETARY: Marios Eleftheriades





REGISTERED OFFICE: 35 Brim Hill
London
N2 0HA





REGISTERED NUMBER: 02787472 (England and Wales)





ACCOUNTANTS: Hovnan & Co Ltd
Chartered Accountants
106 Ashurst Road
Cockfosters
London
EN4 9LG

MEDIA SYNTHESIS LTD (REGISTERED NUMBER: 02787472)

BALANCE SHEET
28 FEBRUARY 2018

28.2.18 28.2.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,758 9,402

CURRENT ASSETS
Debtors 5 2,953 959
Cash at bank 527 2,865
3,480 3,824
CREDITORS
Amounts falling due within one year 6 19,045 10,030
NET CURRENT LIABILITIES (15,565 ) (6,206 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,807

)

3,196

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (7,809 ) 3,194
SHAREHOLDERS' FUNDS (7,807 ) 3,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 by the director on 18 October 2018 and were signed by:





Michael Eleftheriades - Director


MEDIA SYNTHESIS LTD (REGISTERED NUMBER: 02787472)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018

1. STATUTORY INFORMATION

Media Synthesis Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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 reducing balance
IT equipment - 33% on cost

All fixed assets are initially recorded at 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.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Financial instruments
Basic financial instruments are initially recognised at the transaction price adjusted for any transaction costs.
Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an
arrangement constitutes a financing transaction, it is measured at present value of the future payments discounted
at a market rate of interest.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

MEDIA SYNTHESIS LTD (REGISTERED NUMBER: 02787472)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018

4. TANGIBLE FIXED ASSETS
Fixtures
and IT
fittings equipment Totals
£    £    £   
COST
At 1 March 2017 5,000 41,924 46,924
Additions - 5,870 5,870
At 28 February 2018 5,000 47,794 52,794
DEPRECIATION
At 1 March 2017 4,538 32,984 37,522
Charge for year 116 7,398 7,514
At 28 February 2018 4,654 40,382 45,036
NET BOOK VALUE
At 28 February 2018 346 7,412 7,758
At 28 February 2017 462 8,940 9,402

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade debtors 2,515 880
Other debtors 438 79
2,953 959

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Taxation and social security 15 (163 )
Other creditors 19,030 10,193
19,045 10,030

Other creditors include an amount of £15,541 (2017: £5,842) due to the director Mr M. Eleftheriades.This
amount is non-interest bearing and is repayable on demand.

7. ULTIMATE CONTROLLING PARTY

Control of the company is vested in Mr Michael Eleftheriades as director and joint shareholder.