Abbreviated Company Accounts - BOOTH MUSIC LIMITED

BOOTH MUSIC LIMITED - Company Information

Registered Number 08182775

BOOTH MUSIC LIMITED

Abbreviated Accounts

31 March 2016

BOOTH MUSIC LIMITED Registered Number 08182775

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	10,054	12,227
		10,054	12,227
Current assets
Cash at bank and in hand		163,599	93,639
		163,599	93,639
Creditors: amounts falling due within one year		(64,059)	(61,765)
Net current assets (liabilities)		99,540	31,874
Total assets less current liabilities		109,594	44,101
Total net assets (liabilities)		109,594	44,101
Capital and reserves
Called up share capital		1	1
Profit and loss account		109,593	44,100
Shareholders' funds		109,594	44,101

For the year ending 31 March 2016 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 25 April 2016

And signed on their behalf by:
JAMES GOSLING, Director

BOOTH MUSIC LIMITED Registered Number 08182775

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment - 25% reducing balance method

2Tangible fixed assets

	£
Cost
At 1 April 2015	15,325
Additions	1,178
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	16,503
Depreciation
At 1 April 2015	3,098
Charge for the year	3,351
On disposals	-
At 31 March 2016	6,449
Net book values
At 31 March 2016	10,054
At 31 March 2015	12,227