Abbreviated Company Accounts - SOUND TRAINING FOR READING LTD

Abbreviated Company Accounts - SOUND TRAINING FOR READING LTD

SOUND TRAINING FOR READING LTD - Company Information

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Registered Number 06977154

SOUND TRAINING FOR READING LTD

Abbreviated Accounts

31 July 2014

SOUND TRAINING FOR READING LTD Registered Number 06977154

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 68,524 38,044
68,524 38,044
Current assets
Debtors 130,474 47,630
Cash at bank and in hand 239,655 141,548
370,129 189,178
Creditors: amounts falling due within one year (339,992) (68,567)
Net current assets (liabilities) 30,137 120,611
Total assets less current liabilities 98,661 158,655
Creditors: amounts falling due after more than one year (4,169) (4,633)
Total net assets (liabilities) 94,492 154,022
Capital and reserves
Called up share capital 150 150
Share premium account 99,950 99,950
Profit and loss account (5,608) 53,922
Shareholders' funds 94,492 154,022
  • For the year ending 31 July 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 9 September 2014

And signed on their behalf by:
C M Parkinson, Director

SOUND TRAINING FOR READING LTD Registered Number 06977154

Notes to the Abbreviated Accounts for the period ended 31 July 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 year
and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its
expected useful life, as follows:
Website - 25% straight line
Fixtures, fittings
and equipment - 25% straight line

2Tangible fixed assets
£
Cost
At 1 August 2013 66,478
Additions 62,799
Disposals -
Revaluations -
Transfers -
At 31 July 2014 129,277
Depreciation
At 1 August 2013 28,434
Charge for the year 32,319
On disposals -
At 31 July 2014 60,753
Net book values
At 31 July 2014 68,524
At 31 July 2013 38,044