Mole Music Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04472328 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

FOR

MOLE MUSIC LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C S R Mole

SECRETARY:

S Macdonald

REGISTERED OFFICE:

1 St Peters Villas

London

W6 9BQ

REGISTERED NUMBER:

04472328 (England and Wales)

ACCOUNTANTS:

Barber & Company

2 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Tangible assets

2

7,390

7,583

CURRENT ASSETS

Debtors

138,665

24,019

Cash at bank

296,016

146,059

434,681

170,078

CREDITORS

Amounts falling due within one year

109,226

36,010

NET CURRENT ASSETS

325,455

134,068

TOTAL ASSETS LESS CURRENT LIABILITIES

332,845

141,651

PROVISIONS FOR LIABILITIES

1,330

-

NET ASSETS

331,515

141,651

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

331,505

141,641

SHAREHOLDERS' FUNDS

331,515

141,651

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 10 February 2016 and were signed by:

C S R Mole - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with applicable accounting standards. The particular

accounting policies adopted are described below.

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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

25,209

Additions

2,270

At 30 June 2015

27,479

DEPRECIATION

At 1 July 2014

17,626

Charge for year

2,463

At 30 June 2015

20,089

NET BOOK VALUE

At 30 June 2015

7,390

At 30 June 2014

7,583

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

9

Ordinary

1

9

9

1

A Ordinary

1

1

1

10

10