Abbreviated Company Accounts - PARIS MUSIC LIMITED

PARIS MUSIC LIMITED - Company Information

05681352 PARIS MUSIC LIMITED 2015-01-31 false 2014-02-01 2015-01-31 true 05681352 2014-02-01 2015-01-31 05681352 2015-01-31 05681352 2014-01-31 05681352 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 05681352 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-01-31 iso4217:GBP shares

Registered Number 05681352

PARIS MUSIC LIMITED

Abbreviated Accounts

31 January 2015

PARIS MUSIC LIMITED Registered Number 05681352

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	16,800	18,300
Tangible assets	3	3,180	2,543
		19,980	20,843
Current assets
Debtors		12,326	8,933
Cash at bank and in hand		39,258	90,217
		51,584	99,150
Creditors: amounts falling due within one year		(33,231)	(46,900)
Net current assets (liabilities)		18,353	52,250
Total assets less current liabilities		38,333	73,093
Total net assets (liabilities)		38,333	73,093
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		38,233	72,993
Shareholders' funds		38,333	73,093

For the year ending 31 January 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 24 August 2015

And signed on their behalf by:
Mr D Gainsford, Director

PARIS MUSIC LIMITED Registered Number 05681352

Notes to the Abbreviated Accounts for the period ended 31 January 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.

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:

Fixtures, fittings and equipment - 25% reducing balance

2Intangible fixed assets

	£
Cost
At 1 February 2014	30,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	30,000
Amortisation
At 1 February 2014	11,700
Charge for the year	1,500
On disposals	-
At 31 January 2015	13,200
Net book values
At 31 January 2015	16,800
At 31 January 2014	18,300

3Tangible fixed assets

	£
Cost
At 1 February 2014	13,067
Additions	1,698
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	14,765
Depreciation
At 1 February 2014	10,524
Charge for the year	1,061
On disposals	-
At 31 January 2015	11,585
Net book values
At 31 January 2015	3,180
At 31 January 2014	2,543

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

	2015 £	2014 £
50 Ordinary shares of £1 each	50	50
50 Ordinary A shares of £1 each	50	50