Live Music East Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09554068 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2017

for

Live Music East Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Chartered Certified Accountants' Report

5

DIRECTOR:

M Santoro-Emmerson

REGISTERED OFFICE:

49 Gordon Avenue

Norwich

Norfolk

NR7 0DP

REGISTERED NUMBER:

09554068 (England and Wales)

ACCOUNTANTS:

Farnell Clarke Limited

Evolution House

Delft Way

Norwich Airport

Norwich

Norfolk

NR6 6BB

FIXED ASSETS

Property, plant and equipment

4

976

183

CURRENT ASSETS

Debtors

5

6,175

5,811

Cash at bank

351

1,230

6,526

7,041

CREDITORS

Amounts falling due within one year

6

2,458

6,715

NET CURRENT ASSETS

4,068

326

TOTAL ASSETS LESS CURRENT LIABILITIES

5,044

509

PROVISIONS FOR LIABILITIES

185

-

NET ASSETS

4,859

509

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

4,759

409

SHAREHOLDERS' FUNDS

4,859

509

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 19 January 2018 and were signed by:

M Santoro-Emmerson - Director

1.	STATUTORY INFORMATION

Live Music East Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

These financial statements for the year ended 30 April 2017 are the first that are prepared in accordance with

FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date of

transition to FRS 102 Section 1A is 1 May 2016.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

£

COST

At 1 May 2016

200

Additions

1,104

At 30 April 2017

1,304

DEPRECIATION

At 1 May 2016

17

Charge for year

311

At 30 April 2017

328

NET BOOK VALUE

At 30 April 2017

976

At 30 April 2016

183

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade debtors

6,175

5,749

Directors' current accounts

-

62

6,175

5,811

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade creditors

-

700

Tax

931

56

Other creditors

-

4,519

Directors' current accounts

1,514

-

Accrued expenses

13

1,440

2,458

6,715

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.17

30.4.16

value:

£

£

100

Ordinary

£1

100

100

8.	ULTIMATE CONTROLLING PARTY

The controlling party is M Santoro-Emmerson.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary

statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Live Music East Ltd for the year ended 30 April 2017 which comprise the Income Statement,

Statement of Financial Position, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Live Music East Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Live Music East Ltd and state those matters that we have agreed to state to the director of Live Music East Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Live Music East Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Live Music East Ltd. You consider that Live Music East Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Live Music East Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Farnell Clarke Limited

Evolution House

Delft Way

Norwich Airport

Norwich

Norfolk

NR6 6BB

19 January 2018