Music Arts Ltd - Abbreviated accounts

Music Arts Ltd - Abbreviated accounts


Registered number
08183740
Music Arts Ltd
Abbreviated Accounts
31 August 2014
Music Arts Ltd
Registered number: 08183740
Abbreviated Balance Sheet
as at 31 August 2014
Notes 2014 2013
£ £
Current assets
Debtors 4,631 928
Cash at bank and in hand 8,701 4,495
13,332 5,423
Creditors: amounts falling due within one year (12,389) (7,149)
Net current assets/(liabilities) 943 (1,726)
Net assets/(liabilities) 943 (1,726)
Capital and reserves
Called up share capital 2 1 1
Profit and loss account 942 (1,727)
Shareholder's funds 943 (1,726)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
P M Majithia
Director
Approved by the board on 29 May 2015
Music Arts Ltd
Notes to the Abbreviated Accounts
for the year ended 31 August 2014
1 Accounting policies
Basis of preparation
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
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
2 Share capital Nominal 2014 2014 2013
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 1 1 1
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