Abbreviated Company Accounts - SONIC MACHINE LTD.

Abbreviated Company Accounts - SONIC MACHINE LTD.


Registered Number NI621068

SONIC MACHINE LTD.

Abbreviated Accounts

31 October 2014

SONIC MACHINE LTD. Registered Number NI621068

Abbreviated Balance Sheet as at 31 October 2014

Notes 2014
£
Fixed assets
Tangible assets 2 2,450
2,450
Current assets
Debtors 6,009
Cash at bank and in hand 1,996
8,005
Creditors: amounts falling due within one year (57,447)
Net current assets (liabilities) (49,442)
Total assets less current liabilities (46,992)
Total net assets (liabilities) (46,992)
Capital and reserves
Called up share capital 3 100
Profit and loss account (47,092)
Shareholders' funds (46,992)
  • For the year ending 31 October 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 12 June 2015

And signed on their behalf by:
Gavin Shields, Director

SONIC MACHINE LTD. Registered Number NI621068

Notes to the Abbreviated Accounts for the period ended 31 October 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 the total invoice value, excluding value added tax, of sales made during the period.

Tangible assets depreciation policy
Fixtures, fittings and equipment - 20% reducing balance

2Tangible fixed assets
£
Cost
Additions 3,062
Disposals -
Revaluations -
Transfers -
At 31 October 2014 3,062
Depreciation
Charge for the year 612
On disposals -
At 31 October 2014 612
Net book values
At 31 October 2014 2,450
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
100Ordinary shares of £1 each 100