Abbreviated Company Accounts - VIRTUOSO (UK) LIMITED

VIRTUOSO (UK) LIMITED - Company Information

06317544 VIRTUOSO (UK) LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 06317544 2013-08-01 2014-07-31 06317544 2014-07-31 06317544 2013-07-31 06317544 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 06317544 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 06317544

VIRTUOSO (UK) LIMITED

Abbreviated Accounts

31 July 2014

VIRTUOSO (UK) LIMITED Registered Number 06317544

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	951	1,114
		951	1,114
Current assets
Stocks		4,712	4,712
Debtors		1,491	18,569
Cash at bank and in hand		2,224	1,199
		8,427	24,480
Creditors: amounts falling due within one year		(782)	(16,066)
Net current assets (liabilities)		7,645	8,414
Total assets less current liabilities		8,596	9,528
Total net assets (liabilities)		8,596	9,528
Capital and reserves
Called up share capital	3	100	100
Share premium account		49,980	49,980
Profit and loss account		(41,484)	(40,552)
Shareholders' funds		8,596	9,528

For the year ending 31 July 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 March 2015

And signed on their behalf by:
Jason Wright, Director

VIRTUOSO (UK) LIMITED Registered Number 06317544

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant & machinery - 20% to 33 1/3% straight line
Fixtures, fittings & equipment - 20% to 33 1/3% straight line

Valuation information and policy
Stock is valued at the lower of cost and net realisable value

2Tangible fixed assets

	£
Cost
At 1 August 2013	13,286
Additions	1,202
Disposals	(9,694)
Revaluations	-
Transfers	-
At 31 July 2014	4,794
Depreciation
At 1 August 2013	12,172
Charge for the year	1,364
On disposals	(9,693)
At 31 July 2014	3,843
Net book values
At 31 July 2014	951
At 31 July 2013	1,114

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100