Abbreviated Company Accounts - NIGEL LILLEY MUSICAL DIRECTOR LIMITED

NIGEL LILLEY MUSICAL DIRECTOR LIMITED - Company Information

Registered Number 05454444

NIGEL LILLEY MUSICAL DIRECTOR LIMITED

Abbreviated Accounts

31 May 2016

NIGEL LILLEY MUSICAL DIRECTOR LIMITED Registered Number 05454444

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	716	954
		716	954
Current assets
Debtors		20,113	10,353
Cash at bank and in hand		9,635	15,297
		29,748	25,650
Creditors: amounts falling due within one year		(30,211)	(26,306)
Net current assets (liabilities)		(463)	(656)
Total assets less current liabilities		253	298
Total net assets (liabilities)		253	298
Capital and reserves
Called up share capital		100	100
Profit and loss account		153	198
Shareholders' funds		253	298

For the year ending 31 May 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 31 May 2016

And signed on their behalf by:
Mr Nigel Liley, Director

NIGEL LILLEY MUSICAL DIRECTOR LIMITED Registered Number 05454444

Notes to the Abbreviated Accounts for the period ended 31 May 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 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:
Fixtures, Fillings &equipment 25% reducing balance.

2Tangible fixed assets

	£
Cost
At 1 June 2015	5,042
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	5,042
Depreciation
At 1 June 2015	4,088
Charge for the year	238
On disposals	-
At 31 May 2016	4,326
Net book values
At 31 May 2016	716
At 31 May 2015	954