The Music Business (Dorset) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08640159 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

for

The Music Business (Dorset) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A M Place

Mrs L F Place

REGISTERED OFFICE:

The Stables

Stansted Park

Rowlands Castle

Havant

Hampshire

PO9 6DX

REGISTERED NUMBER:

08640159 (England and Wales)

ACCOUNTANTS:

Hughes Spencer

The Stables

Stansted Park

Rowlands Castle

Havant

Hampshire

PO9 6DX

FIXED ASSETS

Tangible assets

2

56,785

51,892

Investments

3

10

10

56,795

51,902

CURRENT ASSETS

Debtors

44,438

-

Cash at bank

27,690

56,626

72,128

56,626

CREDITORS

Amounts falling due within one year

1,584

2,089

NET CURRENT ASSETS

70,544

54,537

TOTAL ASSETS LESS CURRENT LIABILITIES

127,339

106,439

PROVISIONS FOR LIABILITIES

2,997

183

NET ASSETS

124,342

106,256

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

124,242

106,156

SHAREHOLDERS' FUNDS

124,342

106,256

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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 12 October 2015 and were signed on its behalf by:

A M Place - 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 invoiced sales of services.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

58,746

Additions

18,795

At 30 April 2015

77,541

DEPRECIATION

At 1 May 2014

6,854

Charge for year

13,902

At 30 April 2015

20,756

NET BOOK VALUE

At 30 April 2015

56,785

At 30 April 2014

51,892

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 May 2014

and 30 April 2015

10

NET BOOK VALUE

At 30 April 2015

10

At 30 April 2014

10

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 April 2015 and the period

ended 30 April 2014:

2015

2014

£

£

A M Place and Mrs L F Place

Balance outstanding at start of year

-

-

Amounts advanced

106,202

-

Amounts repaid

(99,764

)

-

Balance outstanding at end of year

6,438

-