Abbreviated Company Accounts - SONG AND DANCE FACTORY LTD

SONG AND DANCE FACTORY LTD - Company Information

SC442710 SONG AND DANCE FACTORY LTD 2014-03-31 false 2013-02-13 2014-03-31 true SC442710 2013-02-13 2014-03-31 SC442710 2014-03-31 SC442710 uk-gaap-cd-bus:Director1 2013-02-13 2014-03-31 SC442710 uk-gaap-cd-bus:Director2 2013-02-13 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-13 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number SC442710

SONG AND DANCE FACTORY LTD

Abbreviated Accounts

31 March 2014

SONG AND DANCE FACTORY LTD Registered Number SC442710

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014
		£
Fixed assets
Intangible assets	2	16,000
Tangible assets	3	20,375
		36,375
Current assets
Debtors		3,919
Cash at bank and in hand		13,497
		17,416
Creditors: amounts falling due within one year		(42,206)
Net current assets (liabilities)		(24,790)
Total assets less current liabilities		11,585
Creditors: amounts falling due after more than one year		(4,450)
Total net assets (liabilities)		7,135
Capital and reserves
Called up share capital	4	2
Profit and loss account		7,133
Shareholders' funds		7,135

For the year ending 31 March 2014 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 13 November 2014

And signed on their behalf by:
Mr M E Atherton, Director

SONG AND DANCE FACTORY LTD Registered Number SC442710

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% straight line
Motor Vehicles - 20% straight line
Equipment - 25% straight line

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - 5 years

2Intangible fixed assets

	£
Cost
Additions	20,000
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	20,000
Amortisation
Charge for the year	4,000
On disposals	-
At 31 March 2014	4,000
Net book values
At 31 March 2014	16,000

3Tangible fixed assets

	£
Cost
Additions	23,466
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	23,466
Depreciation
Charge for the year	3,091
On disposals	-
At 31 March 2014	3,091
Net book values
At 31 March 2014	20,375

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
2 Ordinary shares of £1 each	2