Abbreviated Company Accounts - SOUNDWORX LIMITED

04740630 SOUNDWORX LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 04740630 2013-05-01 2014-04-30 04740630 2014-04-30 04740630 2013-04-30 04740630 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 04740630 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:Director3 2013-05-01 2014-04-30 uk-gaap-cd-bus:Director3 2014-04-30 uk-gaap-cd-bus:Director3 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 04740630

SOUNDWORX LIMITED

Abbreviated Accounts

30 April 2014

SOUNDWORX LIMITED Registered Number 04740630

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	6,270	8,959
		6,270	8,959
Current assets
Debtors		1,092	744
Cash at bank and in hand		3	207
		1,095	951
Creditors: amounts falling due within one year		(7,003)	(4,180)
Net current assets (liabilities)		(5,908)	(3,229)
Total assets less current liabilities		362	5,730
Creditors: amounts falling due after more than one year		(1,133)	(999)
Provisions for liabilities		(213)	(522)
Total net assets (liabilities)		(984)	4,209
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(986)	4,207
Shareholders' funds		(984)	4,209

For the year ending 30 April 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 26 January 2015

And signed on their behalf by:
A P ROBERTS, Director

SOUNDWORX LIMITED Registered Number 04740630

Notes to the Abbreviated Accounts for the period ended 30 April 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
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life

Plant and machinery etc - 25% on reducing balance

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 May 2013	57,354
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	57,354
Depreciation
At 1 May 2013	48,395
Charge for the year	2,689
On disposals	-
At 30 April 2014	51,084
Net book values
At 30 April 2014	6,270
At 30 April 2013	8,959

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	A P Roberts
Description of the transaction:	Director Loan Account
Balance at 1 May 2013:	£ 1,500
Advances or credits made:	£ 1,155
Advances or credits repaid:	-
Balance at 30 April 2014:	£ 2,655