Abbreviated Company Accounts - TATE MUSIC LIMITED

TATE MUSIC LIMITED - Company Information

05657853 TATE MUSIC LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 05657853 2015-01-01 2015-12-31 05657853 2015-12-31 05657853 2014-12-31 05657853 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 05657853 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 05657853

TATE MUSIC LIMITED

Abbreviated Accounts

31 December 2015

TATE MUSIC LIMITED Registered Number 05657853

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,083	9,434
		3,083	9,434
Current assets
Debtors		1,058	2,636
Cash at bank and in hand		302,864	306,868
		303,922	309,504
Creditors: amounts falling due within one year		(72,617)	(31,713)
Net current assets (liabilities)		231,305	277,791
Total assets less current liabilities		234,388	287,225
Provisions for liabilities		(297)	(1,496)
Total net assets (liabilities)		234,091	285,729
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		234,089	285,727
Shareholders' funds		234,091	285,729

For the year ending 31 December 2015 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 27 September 2016

And signed on their behalf by:
Ms D Devoucoux, Director

TATE MUSIC LIMITED Registered Number 05657853

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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
Turnover represents amounts receivable for goods and services net of VAT 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 less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery : 25% per annum on reducing balance
Computer equipment : 25% per annum on straight line
Fixtures, fitting & equipment : Straight line over seven years.

2Tangible fixed assets

	£
Cost
At 1 January 2015	64,619
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	64,619
Depreciation
At 1 January 2015	55,185
Charge for the year	6,351
On disposals	-
At 31 December 2015	61,536
Net book values
At 31 December 2015	3,083
At 31 December 2014	9,434

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2