Polygonia Music Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09200255 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 30th September 2016

for

Polygonia Music Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M J Taylor

REGISTERED OFFICE:

Flat 4

Durham Terrace

London

W2 5PB

REGISTERED NUMBER:

09200255 (England and Wales)

ACCOUNTANTS:

C. C. Panayi & Co LLP

Ground Floor

31 Kentish Town Road

London

NW1 8NL

CURRENT ASSETS

Debtors

25,359

64,632

Cash at bank

9,244

-

34,603

64,632

CREDITORS

Amounts falling due within one year

218,344

156,961

NET CURRENT LIABILITIES

(183,741

)

(92,329

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(183,741

)

(92,329

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(183,841

)

(92,429

)

SHAREHOLDERS' FUNDS

(183,741

)

(92,329

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 23rd April 2017 and were signed by:

M J Taylor - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

33,784

Disposals

(33,784

)

At 30th September 2016

-

NET BOOK VALUE

At 30th September 2016

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

100

Ordinary

1

100