Abbreviated Company Accounts - RADIUS MUSIC MANAGEMENT LIMITED

Abbreviated Company Accounts - RADIUS MUSIC MANAGEMENT LIMITED

RADIUS MUSIC MANAGEMENT LIMITED - Company Information

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Registered Number 06234301

RADIUS MUSIC MANAGEMENT LIMITED

Abbreviated Accounts

31 May 2015

RADIUS MUSIC MANAGEMENT LIMITED Registered Number 06234301

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 2,029 3,392
2,029 3,392
Current assets
Debtors 16,339 7,903
Cash at bank and in hand 16,844 15,953
33,183 23,856
Creditors: amounts falling due within one year (27,355) (22,934)
Net current assets (liabilities) 5,828 922
Total assets less current liabilities 7,857 4,314
Total net assets (liabilities) 7,857 4,314
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 6,857 3,314
Shareholders' funds 7,857 4,314
  • For the year ending 31 May 2015 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 January 2016

And signed on their behalf by:
B King, Director

RADIUS MUSIC MANAGEMENT LIMITED Registered Number 06234301

Notes to the Abbreviated Accounts for the period ended 31 May 2015

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 services, 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.

Fixtures & Fittings – 20% on cost
Computer Equipment - 25% on cost

2Tangible fixed assets
£
Cost
At 1 June 2014 9,310
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 9,310
Depreciation
At 1 June 2014 5,918
Charge for the year 1,363
On disposals -
At 31 May 2015 7,281
Net book values
At 31 May 2015 2,029
At 31 May 2014 3,392