M.L.S. Music Life Style Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04622252 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

M.L.S. MUSIC LIFE STYLE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Corpman (UK) Limited

Evia Mary Soussi

SECRETARY:

Jordan Cosec Limited

REGISTERED OFFICE:

21 St Thomas Street

Bristol

BS1 6JS

REGISTERED NUMBER:

04622252 (England and Wales)

ACCOUNTANTS:

Jordans Accounting Services

21 St Thomas Street

Bristol

BS1 6JS

BANKERS:

Barclays Bank Plc

PO Box 391

Bowater House

68 Knightsbridge

London

SW1X 7NT

FIXED ASSETS

Investments

2

1,994,883

1,970,418

CURRENT ASSETS

Debtors

91,775

91,113

Cash at bank

17,207

50,882

108,982

141,995

CREDITORS

Amounts falling due within one year

(1,770,922

)

(1,768,777

)

NET CURRENT LIABILITIES

(1,661,940

)

(1,626,782

)

TOTAL ASSETS LESS CURRENT LIABILITIES

332,943

343,636

CREDITORS

Amounts falling due after more than one year

(324,600

)

(324,600

)

NET ASSETS

8,343

19,036

CAPITAL AND RESERVES

Called up share capital

3

6

6

Profit and loss account

8,337

19,030

SHAREHOLDERS' FUNDS

8,343

19,036

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 19 December 2014 and were signed on its behalf by:

Corpman (UK) Limited - 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 April 2008).

Foreign currencies

Assets and liabilities in foreign currencies are translated into euros at the rates of exchange ruling at the balance

sheet date. Transactions in foreign currencies are translated into euros at the rate of exchange ruling at the date

of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

€

COST

At 1 January 2013

1,970,418

Additions

24,492

Disposals

(27

)

At 31 December 2013

1,994,883

NET BOOK VALUE

At 31 December 2013

1,994,883

At 31 December 2012

1,970,418

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2013

2012

value:

€

€

2

Ordinary A

£1

3

3

2

Ordinary B

£1

3

3

6

6