Abbreviated Company Accounts - ACP RECORDINGS LIMITED

Abbreviated Company Accounts - ACP RECORDINGS LIMITED


Registered Number 06126375

ACP RECORDINGS LIMITED

Abbreviated Accounts

28 February 2014

ACP RECORDINGS LIMITED Registered Number 06126375

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Current assets
Stocks 1,437 1,844
Debtors 11,929 20,165
Cash at bank and in hand 9,297 45,597
22,663 67,606
Creditors: amounts falling due within one year (59,243) (132,418)
Net current assets (liabilities) (36,580) (64,812)
Total assets less current liabilities (36,580) (64,812)
Total net assets (liabilities) (36,580) (64,812)
Capital and reserves
Called up share capital 2 1 1
Profit and loss account (36,581) (64,813)
Shareholders' funds (36,580) (64,812)
  • For the year ending 28 February 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 20 November 2014

And signed on their behalf by:
R Holden, Director

ACP RECORDINGS LIMITED Registered Number 06126375

Notes to the Abbreviated Accounts for the period ended 28 February 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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Valuation information and policy
Stock is valued at the lower of cost and net realisable value

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1