Abbreviated Company Accounts - JOHN WILSON MUSIC LTD

JOHN WILSON MUSIC LTD - Company Information

05886683 JOHN WILSON MUSIC LTD 2014-07-31 false 2013-08-01 2014-07-31 true 05886683 2013-08-01 2014-07-31 05886683 2014-07-31 05886683 2013-07-31 05886683 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 05886683 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 05886683

JOHN WILSON MUSIC LTD

Abbreviated Accounts

31 July 2014

JOHN WILSON MUSIC LTD Registered Number 05886683

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	38,832	46,537
		38,832	46,537
Current assets
Debtors		711	5,740
Cash at bank and in hand		282,473	225,019
		283,184	230,759
Creditors: amounts falling due within one year		(25,036)	(36,024)
Net current assets (liabilities)		258,148	194,735
Total assets less current liabilities		296,980	241,272
Total net assets (liabilities)		296,980	241,272
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		296,880	241,172
Shareholders' funds		296,980	241,272

For the year ending 31 July 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 16 January 2015

And signed on their behalf by:
MR JOHN WILSON, Director

JOHN WILSON MUSIC LTD Registered Number 05886683

Notes to the Abbreviated Accounts for the period ended 31 July 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Music Score - 15% Reducing Balance
Fixture & Fittings - 25% Reducing Balance
Equipment - 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 August 2013	92,994
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	92,994
Depreciation
At 1 August 2013	46,457
Charge for the year	7,705
On disposals	-
At 31 July 2014	54,162
Net book values
At 31 July 2014	38,832
At 31 July 2013	46,537

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100