THE_PINKER_TONES_LIMITED - Accounts

TPTO LIMITED - Company Information

Print Friendly Version

Company Registration No. 05114624 (England and Wales)

THE PINKER TONES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2014

THE PINKER TONES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

THE PINKER TONES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

240

Current assets

Debtors

105

Cash at bank and in hand

1,809

1,914

200

Creditors: amounts falling due within one year

(67,230)

(50,077)

Net current liabilities

(65,316)

(49,877)

Total assets less current liabilities

(65,316)

(49,637)

Capital and reserves

Called up share capital

100

Profit and loss account

(65,416)

(49,737)

Shareholder's funds

(65,316)

(49,637)

For the financial year ended 30 April 2014 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 of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 21 January 2015

Mark Davyd-Whitrick

Director

Company Registration No. 05114624

THE PINKER TONES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company meets its day to day working capital requirements through the support of the director. This support has been confirmed for a period of at least 12 months from the date of approval of the financial statements. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for managing a musical group. Revenue from services is recognised when the service has been provided and the right to consideration has been earned.

1.4

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 less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

25% straight line

Fixed assets

Tangible assets

Cost

At 1 May 2013 & at 30 April 2014

7,404

Depreciation

At 1 May 2013

7,164

Charge for the year

240

At 30 April 2014

7,404

Net book value

At 30 April 2014

At 30 April 2013

240

THE PINKER TONES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

100 ordinary shares of £1 each

100

Related party relationships and transactions

At the balance sheet date the company owed M Davyd-Whitrick £44,862 (2013 - £29,551).