Abbreviated Company Accounts - OYSTER MUSIC MANAGEMENT LIMITED

Abbreviated Company Accounts - OYSTER MUSIC MANAGEMENT LIMITED


Registered Number 06915701

OYSTER MUSIC MANAGEMENT LIMITED

Abbreviated Accounts

31 May 2014

OYSTER MUSIC MANAGEMENT LIMITED Registered Number 06915701

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Current assets
Debtors 2,938 7,089
Cash at bank and in hand 2,334 2,506
5,272 9,595
Creditors: amounts falling due within one year (1,225) (4,541)
Net current assets (liabilities) 4,047 5,054
Total assets less current liabilities 4,047 5,054
Total net assets (liabilities) 4,047 5,054
Capital and reserves
Called up share capital 2 2 2
Profit and loss account 4,045 5,052
Shareholders' funds 4,047 5,054
  • For the year ending 31 May 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 27 February 2015

And signed on their behalf by:
R Perry, Director

OYSTER MUSIC MANAGEMENT LIMITED Registered Number 06915701

Notes to the Abbreviated Accounts for the period ended 31 May 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 amounts receivable for management services net of VAT.

Other accounting policies
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of transaction. All differences are taken to profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2