Zelig Sound Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07623023 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

Zelig Sound Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Ms A Morrison

M Wilcock

REGISTERED OFFICE:

First Floor

69/70 Long Lane

London

EC1V 9EJ

REGISTERED NUMBER:

07623023 (England and Wales)

ACCOUNTANTS:

Pemberton Professionals Limited

Peterden House

1a Leighton Road

West Ealing

London

W13 9EL

FIXED ASSETS

Tangible assets

2

55,758

76,152

CURRENT ASSETS

Debtors

10,800

4,500

Cash at bank and in hand

62,384

79,249

73,184

83,749

CREDITORS

Amounts falling due within one year

57,658

75,940

NET CURRENT ASSETS

15,526

7,809

TOTAL ASSETS LESS CURRENT LIABILITIES

71,284

83,961

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

71,184

83,861

SHAREHOLDERS' FUNDS

71,284

83,961

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 July 2014 and were signed on its behalf by:

Ms A Morrison - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

101,971

DEPRECIATION

At 1 June 2013

25,819

Charge for year

20,394

At 31 May 2014

46,213

NET BOOK VALUE

At 31 May 2014

55,758

At 31 May 2013

76,152

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

100

Ordinary shares

£1

100

100