Abbreviated Company Accounts - LP MUSIC LIMITED

Abbreviated Company Accounts - LP MUSIC LIMITED

LP MUSIC LIMITED - Company Information

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Registered Number 07889419

LP MUSIC LIMITED

Abbreviated Accounts

30 November 2013

LP MUSIC LIMITED Registered Number 07889419

Abbreviated Balance Sheet as at 30 November 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 3,920 1,887
3,920 1,887
Current assets
Debtors 21,651 12,418
Cash at bank and in hand 1,225 7,186
22,876 19,604
Creditors: amounts falling due within one year (26,602) (16,183)
Net current assets (liabilities) (3,726) 3,421
Total assets less current liabilities 194 5,308
Provisions for liabilities - (377)
Total net assets (liabilities) 194 4,931
Capital and reserves
Called up share capital 2 3
Profit and loss account 192 4,928
Shareholders' funds 194 4,931
  • For the year ending 30 November 2013 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 27 August 2014

And signed on their behalf by:
Mr P Jennings, Director

LP MUSIC LIMITED Registered Number 07889419

Notes to the Abbreviated Accounts for the period ended 30 November 2013

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 invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

2Tangible fixed assets
£
Cost
At 1 December 2012 2,220
Additions 2,784
Disposals -
Revaluations -
Transfers -
At 30 November 2013 5,004
Depreciation
At 1 December 2012 333
Charge for the year 751
On disposals -
At 30 November 2013 1,084
Net book values
At 30 November 2013 3,920
At 30 November 2012 1,887