Abbreviated Company Accounts - RIGHT BANK MUSIC UK LIMITED

Abbreviated Company Accounts - RIGHT BANK MUSIC UK LIMITED


Registered Number 05831825

RIGHT BANK MUSIC UK LIMITED

Abbreviated Accounts

30 December 2013

RIGHT BANK MUSIC UK LIMITED Registered Number 05831825

Abbreviated Balance Sheet as at 30 December 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets 2 7,878 8,342
7,878 8,342
Current assets
Debtors 252,502 255,484
252,502 255,484
Creditors: amounts falling due within one year (238,893) (230,781)
Net current assets (liabilities) 13,609 24,703
Total assets less current liabilities 21,487 33,045
Total net assets (liabilities) 21,487 33,045
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 21,387 32,945
Shareholders' funds 21,487 33,045
  • For the year ending 30 December 2013 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 17 December 2014

And signed on their behalf by:
Sylvie Monteiro, Director

RIGHT BANK MUSIC UK LIMITED Registered Number 05831825

Notes to the Abbreviated Accounts for the period ended 30 December 2013

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.

Intangible assets amortisation policy
Patents:
Patents are values at cost less accumulated amortisation.
Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 25years.

Other accounting policies
Ultimate parent undertaking:
The company's ultimate parent undertaking is Xiii BIS Organisation SA, a company incorporated in France.

2Intangible fixed assets
£
Cost
At 1 January 2013 11,586
Additions -
Disposals -
Revaluations -
Transfers -
At 30 December 2013 11,586
Amortisation
At 1 January 2013 3,244
Charge for the year 464
On disposals -
At 30 December 2013 3,708
Net book values
At 30 December 2013 7,878
At 31 December 2012 8,342
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
100 Ordinary shares of £1 each 100 100