Company Registration No. 04050926 (England and Wales)
Tri-Tone Music Limited
Unaudited accounts
for the year ended 31 August 2021
Tri-Tone Music Limited
Unaudited accounts
Contents
Tri-Tone Music Limited
Company Information
for the year ended 31 August 2021
Director
Simon Terence Duffy
Company Number
04050926 (England and Wales)
Registered Office
ACCOUNTABILITY 45 MARKET STREET
HOYLAKE
WIRRAL
CH47 2BQ
ENGLAND
Accountants
Joanne Nock
Accountability
45, Market Street
Hoylake
Wirral
CH47 2BQ
Tri-Tone Music Limited
Statement of financial position
as at 31 August 2021
Tangible assets
1,783
1,452
Cash at bank and in hand
4,968
21,286
Creditors: amounts falling due within one year
9,690
(18,535)
Net current assets
23,198
8,622
Called up share capital
2
2
Profit and loss account
24,979
10,072
Shareholders' funds
24,981
10,074
For the year ending 31 August 2021 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 May 2022 and were signed on its behalf by
Simon Terence Duffy
Director
Company Registration No. 04050926
Tri-Tone Music Limited
Notes to the Accounts
for the year ended 31 August 2021
Tri-Tone Music Limited is a private company, limited by shares, registered in England and Wales, registration number 04050926. The registered office is ACCOUNTABILITY 45 MARKET STREET, HOYLAKE, WIRRAL, CH47 2BQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% on the reducing balance basis
4
Tangible fixed assets
Computer equipment
Tri-Tone Music Limited
Notes to the Accounts
for the year ended 31 August 2021
5
Debtors: amounts falling due within one year
2021
2020
Debtors: amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
819
-
Taxes and social security
8,495
10,449
Loans from directors
-
(8,554)
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).
