Abbreviated Company Accounts - DLM MUSIC LIMITED

09731908 DLM MUSIC LIMITED 2016-08-31 false 2015-08-13 2016-08-31 true 09731908 2015-08-13 2016-08-31 09731908 2016-08-31 09731908 uk-gaap-cd-bus:Director1 2015-08-13 2016-08-31 09731908 uk-gaap-cd-bus:Director2 2015-08-13 2016-08-31 uk-gaap-cd-bus:Director3 2015-08-13 2016-08-31 uk-gaap-cd-bus:Director3 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-13 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 iso4217:GBP shares

Registered Number 09731908

DLM MUSIC LIMITED

Abbreviated Accounts

31 August 2016

DLM MUSIC LIMITED Registered Number 09731908

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016
		£
Called up share capital not paid		-
Fixed assets
Intangible assets		-
Tangible assets	2	1,549
Investments		-
		1,549
Current assets
Stocks		-
Debtors		51,775
Investments		-
Cash at bank and in hand		51,729
		103,504
Prepayments and accrued income		-
Creditors: amounts falling due within one year		(82,114)
Net current assets (liabilities)		21,390
Total assets less current liabilities		22,939
Creditors: amounts falling due after more than one year		0
Provisions for liabilities		0
Accruals and deferred income		0
Total net assets (liabilities)		22,939
Capital and reserves
Called up share capital	3	1
Share premium account		0
Revaluation reserve		0
Other reserves		0
Profit and loss account		22,938
Shareholders' funds		22,939

For the year ending 31 August 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 6 October 2016

And signed on their behalf by:
Lawrence Taylor, Director

DLM MUSIC LIMITED Registered Number 09731908

Notes to the Abbreviated Accounts for the period ended 31 August 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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% Straight line

Other accounting policies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

2Tangible fixed assets

	£
Cost
Additions	2,065
Disposals	0
Revaluations	0
Transfers	0
At 31 August 2016	2,065
Depreciation
Charge for the year	516
On disposals	0
At 31 August 2016	516
Net book values
At 31 August 2016	1,549

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

	2016 £
1 Ordinary shares of £1 each	1

4Transactions with directors

Name of director receiving advance or credit:	Lawrence Taylor
Description of the transaction:	Net expenses borne on behalf of the company
Balance at 13 August 2015:	-
Advances or credits made:	£ 38,178
Advances or credits repaid:	-
Balance at 31 August 2016:	£ 38,178

The amount is unsecured, interest free and repayable on demand.