MUSIC_BY_NUMBERS_LIMITED - Accounts

SPECTRE GRAPHIC LIMITED - Company Information

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Company Registration No. 06602198 (England and Wales)

MUSIC BY NUMBERS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

MUSIC BY NUMBERS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

MUSIC BY NUMBERS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

1,797

530

Current assets

Debtors

9,632

3,776

Cash at bank and in hand

537

5,223

10,169

8,999

Creditors: amounts falling due within one year

(8,211)

(9,518)

Net current assets/(liabilities)

1,958

(519)

Total assets less current liabilities

3,755

Capital and reserves

Called up share capital

Profit and loss account

3,753

Shareholders' funds

3,755

For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 24 June 2016

Mr William Dunne

Director

Company Registration No. 06602198

MUSIC BY NUMBERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% depreciation on a reducing balance basis.

Fixed assets

Tangible assets

Cost

At 1 October 2014

706

Additions

1,866

At 30 September 2015

2,572

Depreciation

At 1 October 2014

176

Charge for the year

599

At 30 September 2015

775

Net book value

At 30 September 2015

1,797

At 30 September 2014

530

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary shares valued at £1 each