Sapien Songs Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07134812 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016

for

Sapien Songs Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D W Smith

M Hall

REGISTERED OFFICE:

14 Mitford Drive

Sherburn Village

Co. Durham

DH6 1QS

REGISTERED NUMBER:

07134812 (England and Wales)

ACCOUNTANTS:

Pullan Barnes

Chartered Accountants

Stephenson House

Richard Street

Hetton-le-Hole

Tyne and Wear

DH5 9HW

CURRENT ASSETS

Debtors

718

548

Cash at bank

1,183

642

1,901

1,190

CREDITORS

Amounts falling due within one year

2,725

2,169

NET CURRENT LIABILITIES

(824

)

(979

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(824

)

(979

)

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

(924

)

(1,079

)

SHAREHOLDERS' FUNDS

(824

)

(979

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 26 October 2016 and were signed on its behalf by:

D W Smith - Director

1.	ACCOUNTING POLICIES

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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

£

100

Ordinary

1

100

100

3.	RELATED PARTY DISCLOSURES

Sapien Songs Ltd and Sapien Records Ltd (company number 07134796) are related parties as they have the same directors

and shareholders. There were £30 (2015 £30) transactions between the two companies in this financial year. At 31st January

2016 an amount of £718 (2015 £548) was owed by Sapien Records Ltd to Sapien Songs Limited.