Sound Generation Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07235449 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Sound Generation Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Miss S A F Wilde

J Titshall

SECRETARY:

Miss S A F Wilde

REGISTERED OFFICE:

7 Imperial Mansions

Royal Parade

Harrogate

HG1 2TA

REGISTERED NUMBER:

07235449 (England and Wales)

ACCOUNTANTS:

Queripel and Kettlewell Limited

The Barn

Hall Mews

Boston Spa

Wetherby

West Yorkshire

LS23 6DT

FIXED ASSETS

Tangible assets

2

2,684

3,357

CURRENT ASSETS

Debtors

30,830

33,928

Cash at bank

8,214

11,187

39,044

45,115

CREDITORS

Amounts falling due within one year

12,289

14,174

NET CURRENT ASSETS

26,755

30,941

TOTAL ASSETS LESS CURRENT LIABILITIES

29,439

34,298

RESERVES

Income and expenditure account

29,439

34,298

29,439

34,298

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 surplus or deficit 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 29 November 2016 and were signed on its behalf by:

J Titshall - 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 amounts receivable for goods and services net of VAT.

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

-

20% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the income and expenditure account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

6,755

DEPRECIATION

At 1 April 2015

3,398

Charge for year

673

At 31 March 2016

4,071

NET BOOK VALUE

At 31 March 2016

2,684

At 31 March 2015

3,357