Stapleton Music Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07868567 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2013

for

Stapleton Music Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Stapleton

SECRETARY:

REGISTERED OFFICE:

3rd Floor

20 Bedford Street

Covent Garden

London

WC2E 9HP

REGISTERED NUMBER:

07868567 (England and Wales)

ACCOUNTANTS:

MGM Accountancy Limited

Chartered Certified Accountants

3rd Floor

20 Bedford Street

Covent Garden

London

WC2E 9HP

FIXED ASSETS

Tangible assets

2

1,019

-

CURRENT ASSETS

Debtors

-

3,000

Cash at bank

18,463

497

18,463

3,497

CREDITORS

Amounts falling due within one year

14,163

2,543

NET CURRENT ASSETS

4,300

954

TOTAL ASSETS LESS CURRENT LIABILITIES

5,319

954

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

5,219

854

SHAREHOLDERS' FUNDS

5,319

954

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 19 September 2014 and were signed by:

R Stapleton - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Deferred tax

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

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,521

At 31 December 2013

1,521

DEPRECIATION

Charge for year

502

At 31 December 2013

502

NET BOOK VALUE

At 31 December 2013

1,019

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

1

100

100