Summer Camp Music Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07743854 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2016

for

Summer Camp Music Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P J Bellchamber

REGISTERED OFFICE:

Flat 1

12 Mecklenburgh Square

London

WC1N 2AD

REGISTERED NUMBER:

07743854 (England and Wales)

ACCOUNTANTS:

Pinfold & Co

Chartered Accountants

8 Deben Mill Business Centre

Old Maltings Approach

Woodbridge

Suffolk

IP12 1BL

FIXED ASSETS

Tangible assets

2

16,035

13,792

CURRENT ASSETS

Debtors

12,707

6,864

Cash at bank

61,083

69,121

73,790

75,985

CREDITORS

Amounts falling due within one year

33,755

32,434

NET CURRENT ASSETS

40,035

43,551

TOTAL ASSETS LESS CURRENT
LIABILITIES

56,070

57,343

PROVISIONS FOR LIABILITIES

3,207

2,758

NET ASSETS

52,863

54,585

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

52,763

54,485

SHAREHOLDERS' FUNDS

52,863

54,585

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 29 June 2017 and were signed by:

P J Bellchamber - 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

The turnover represents net invoiced sales of services, excluding value added tax, arising from Digital Music

Consultancy.

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

-

25% 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 where transactions or events that result in an obligation to pay more tax in the future, or a right to pay

less tax in the future, have occurred at the balance sheet date. Timing differences are differences between the

company’s taxable profits and its results as stated in the financial statements.

Deferred tax is measured at the average rates that are expected to apply in the periods in which the timing

differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

25,563

Additions

7,588

At 31 August 2016

33,151

DEPRECIATION

At 1 September 2015

11,771

Charge for year

5,345

At 31 August 2016

17,116

NET BOOK VALUE

At 31 August 2016

16,035

At 31 August 2015

13,792

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

100

Ordinary

£1

100