Abbreviated Company Accounts - CROWN MUSIC MANAGEMENT (NO. 2) LIMITED

Abbreviated Company Accounts - CROWN MUSIC MANAGEMENT (NO. 2) LIMITED


Registered Number 07996614

CROWN MUSIC MANAGEMENT (NO. 2) LIMITED

Abbreviated Accounts

31 March 2014

CROWN MUSIC MANAGEMENT (NO. 2) LIMITED Registered Number 07996614

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Current assets
Debtors 5,801 5,939
5,801 5,939
Creditors: amounts falling due within one year (29,223) (29,223)
Net current assets (liabilities) (23,422) (23,284)
Total assets less current liabilities (23,422) (23,284)
Total net assets (liabilities) (23,422) (23,284)
Capital and reserves
Called up share capital 2 1 1
Profit and loss account (23,423) (23,285)
Shareholders' funds (23,422) (23,284)
  • For the year ending 31 March 2014 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 9 September 2014

And signed on their behalf by:
Mark Hargreaves, Director

CROWN MUSIC MANAGEMENT (NO. 2) LIMITED Registered Number 07996614

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

As at the 31 March 2014 the company's balance sheet showed an insolvent position. The director is of the opinion that sufficient funding is available to enable the company to meet its liabilities as and when they fall due. On this basis the director therefore considers it appropriate to prepare the Financial Statements on a going concern basis.

Other accounting policies
Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1