Abbreviated Company Accounts - MUSIC WORKSHOPS LIMITED

Abbreviated Company Accounts - MUSIC WORKSHOPS LIMITED


Registered Number 06254252

MUSIC WORKSHOPS LIMITED

Abbreviated Accounts

31 May 2015

MUSIC WORKSHOPS LIMITED Registered Number 06254252

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Capital and reserves
Called up share capital 2 100 100
Profit and loss account (100) (100)
Shareholders' funds 0 0
  • For the year ending 31 May 2015 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 22 June 2015

And signed on their behalf by:
Mr J C R Lawerence-Archer, Director

MUSIC WORKSHOPS LIMITED Registered Number 06254252

Notes to the Abbreviated Accounts for the period ended 31 May 2015

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.

The company meets its day to day working capital requirements through loans from shareholders.

The nature of the company's business is such that there can be considerable unpredictable variation in the timing of cash inflows. The directors have prepared projected cash flow information for the period ending 9 months from the date of their approval of these financial statements. On the basis of this cash flow information, the directors consider that the company will continue to operate within the loans available from shareholders. On the basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.

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)

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

2Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100