Abbreviated Company Accounts - THE EDINBURGH PIANO COMPANY LIMITED

THE EDINBURGH PIANO COMPANY LIMITED - Company Information

SC174793 THE EDINBURGH PIANO COMPANY LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true SC174793 2013-08-01 2014-07-31 SC174793 2014-07-31 SC174793 2013-07-31 SC174793 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 SC174793 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 SC174793

THE EDINBURGH PIANO COMPANY LIMITED

Abbreviated Accounts

31 July 2014

THE EDINBURGH PIANO COMPANY LIMITED Registered Number SC174793

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	36,471	42,480
		36,471	42,480
Current assets
Stocks		192,340	127,050
Debtors		215,515	170,292
Cash at bank and in hand		151,576	75,633
		559,431	372,975
Creditors: amounts falling due within one year	3	(160,994)	(73,986)
Net current assets (liabilities)		398,437	298,989
Total assets less current liabilities		434,908	341,469
Total net assets (liabilities)		434,908	341,469
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		434,906	341,467
Shareholders' funds		434,908	341,469

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 30 April 2015

And signed on their behalf by:
J A CAMERON, Director

THE EDINBURGH PIANO COMPANY LIMITED Registered Number SC174793

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 comprises the value of sales excluding VAT and similar taxes and trade discounts of goods and services in the normal course of business

Tangible assets depreciation policy
PLANT & MACHINERY 25% REDUCING BALANCE
VEHICLES 25% REDUCING BALANCE
FIXTURES 15% REDUCING BALANCE
EQUIPMENT 15% REDUCING BALANCE

2Tangible fixed assets

	£
Cost
At 1 August 2013	117,806
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	117,806
Depreciation
At 1 August 2013	75,326
Charge for the year	6,009
On disposals	-
At 31 July 2014	81,335
Net book values
At 31 July 2014	36,471
At 31 July 2013	42,480

3Creditors

	2014 £	2013 £
Secured Debts	-	2,884

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2