Club 60 Music Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06497494 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2014

FOR

CLUB 60 MUSIC LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P A Blakeman

SECRETARY:

J Roddison FCA

REGISTERED OFFICE:

51 Clarkegrove Road

Sheffield

South Yorkshire

S10 2NH

REGISTERED NUMBER:

06497494 (England and Wales)

ACCOUNTANTS:

Brown McLeod Limited

Chartered Accountants

51 Clarkegrove Road

Sheffield

South Yorkshire

S10 2NH

FIXED ASSETS

Tangible assets

2

4,424

4,730

CURRENT ASSETS

Debtors

939

300

Cash at bank

2,710

777

3,649

1,077

CREDITORS

Amounts falling due within one year

19,205

14,927

NET CURRENT LIABILITIES

(15,556

)

(13,850

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,132

)

(9,120

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(11,133

)

(9,121

)

SHAREHOLDERS' FUNDS

(11,132

)

(9,120

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 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 25 October 2014 and were signed by:

P A Blakeman - 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 April 2008).

Turnover

Turnover represents invoiced sales of services.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

12,132

Additions

799

At 28 February 2014

12,931

DEPRECIATION

At 1 March 2013

7,402

Charge for year

1,105

At 28 February 2014

8,507

NET BOOK VALUE

At 28 February 2014

4,424

At 28 February 2013

4,730

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

28.2.13

value:

£

£

1

Ordinary

£1

1

1