Abbreviated Company Accounts - LMR ENTERTAINMENT LIMITED

Abbreviated Company Accounts - LMR ENTERTAINMENT LIMITED


Registered Number 08287613

LMR ENTERTAINMENT LIMITED

Abbreviated Accounts

30 November 2013

LMR ENTERTAINMENT LIMITED Registered Number 08287613

Abbreviated Balance Sheet as at 30 November 2013

Notes 2013
£
Fixed assets
Tangible assets 2 2,763
2,763
Current assets
Debtors 35,422
Cash at bank and in hand 19,992
55,414
Creditors: amounts falling due within one year (130,671)
Net current assets (liabilities) (75,257)
Total assets less current liabilities (72,494)
Total net assets (liabilities) (72,494)
Capital and reserves
Called up share capital 3 10
Profit and loss account (72,504)
Shareholders' funds (72,494)
  • For the year ending 30 November 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 8 August 2014

And signed on their behalf by:
A Rutherford, Director

LMR ENTERTAINMENT LIMITED Registered Number 08287613

Notes to the Abbreviated Accounts for the period ended 30 November 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.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for music management services net of VAT

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over it's expected useful life, as follows:

Computer equipment 25% straight line

2Tangible fixed assets
£
Cost
Additions 3,684
Disposals -
Revaluations -
Transfers -
At 30 November 2013 3,684
Depreciation
Charge for the year 921
On disposals -
At 30 November 2013 921
Net book values
At 30 November 2013 2,763
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
10 Ordinary shares of £1 each 10