Musical Youth Merseyside Ltd - Abbreviated accounts

Registered number

04836599

Musical Youth Merseyside Ltd

Abbreviated Accounts

31 July 2016

Musical Youth Merseyside Ltd
Registered number:		04836599
Abbreviated Balance Sheet
as at 31 July 2016

Notes			2016			2015
£				£
Fixed assets
Intangible assets	2		3,600			3,900
Tangible assets	3		6,955			8,182
			10,555			12,082

Current assets
Debtors		-			3,261
Cash at bank and in hand		4,706			1,954
		4,706			5,215

Creditors: amounts falling due within one year		(10,588)			(10,956)

Net current liabilities			(5,882)			(5,741)

Net assets			4,673			6,341

Capital and reserves
Called up share capital	4		1			1
Profit and loss account			4,672			6,340

Shareholders' funds			4,673			6,341

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr A Pickering
Director
Approved by the board on 29 September 2016

Musical Youth Merseyside Ltd
Notes to the Abbreviated Accounts
for the year ended 31 July 2016

1	Accounting policies

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% straight line
	Fixture and Fittings			15% Reducing balance


2	Intangible fixed assets					£

	Cost
	At 1 August 2015					7,500
	At 31 July 2016					7,500

	Amortisation
	At 1 August 2015					3,600
	Provided during the year					300
	At 31 July 2016					3,900

	Net book value
	At 31 July 2016					3,600
	At 31 July 2015					3,900


3	Tangible fixed assets					£

	Cost
	At 1 August 2015					33,890
	At 31 July 2016					33,890

	Depreciation
	At 1 August 2015					25,708
	Charge for the year					1,227
	At 31 July 2016					26,935

	Net book value
	At 31 July 2016					6,955
	At 31 July 2015					8,182


4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		1		1