Abbreviated Company Accounts - FOX YASON MUSIC PRODUCTIONS LIMITED

FOX YASON MUSIC PRODUCTIONS LIMITED - Company Information

05020694 FOX YASON MUSIC PRODUCTIONS LIMITED 2016-01-31 false 2015-02-01 2016-01-31 true 05020694 2015-02-01 2016-01-31 05020694 2016-01-31 05020694 2015-01-31 05020694 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 05020694 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 iso4217:GBP shares

Registered Number 05020694

FOX YASON MUSIC PRODUCTIONS LIMITED

Abbreviated Accounts

31 January 2016

FOX YASON MUSIC PRODUCTIONS LIMITED Registered Number 05020694

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	13,275	15,452
		13,275	15,452
Current assets
Debtors		8,720	1,024
Cash at bank and in hand		7,456	8,045
		16,176	9,069
Creditors: amounts falling due within one year		(57,115)	(39,503)
Net current assets (liabilities)		(40,939)	(30,434)
Total assets less current liabilities		(27,664)	(14,982)
Total net assets (liabilities)		(27,664)	(14,982)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(27,666)	(14,984)
Shareholders' funds		(27,664)	(14,982)

For the year ending 31 January 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 18 August 2016

And signed on their behalf by:
RICHARD FOX, Director

FOX YASON MUSIC PRODUCTIONS LIMITED Registered Number 05020694

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

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Furniture, fittings and equipment - 15% on the reducing balance

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

2Tangible fixed assets

	£
Cost
At 1 February 2015	34,545
Additions	165
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	34,710
Depreciation
At 1 February 2015	19,093
Charge for the year	2,342
On disposals	-
At 31 January 2016	21,435
Net book values
At 31 January 2016	13,275
At 31 January 2015	15,452

All fixed assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2