Trident Sound Studio Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02845057 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 February 2015 to 30 June 2016

for

Trident Sound Studio Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M Collins

REGISTERED OFFICE:

10-11 Heathfield Terrace

London

W4 4JE

REGISTERED NUMBER:

02845057 (England and Wales)

ACCOUNTANTS:

WILSHERS & CO

10-11 Heathfield Terrace

London

W4 4JE

FIXED ASSETS

Tangible assets

2

74,576

90,377

CURRENT ASSETS

Debtors

41,716

16,417

Cash at bank and in hand

142,485

4,501

184,201

20,918

CREDITORS

Amounts falling due within one year

88,435

14,272

NET CURRENT ASSETS

95,766

6,646

TOTAL ASSETS LESS CURRENT
LIABILITIES

170,342

97,023

CREDITORS

Amounts falling due after more than one
year

116,097

120,359

NET ASSETS/(LIABILITIES)

54,245

(23,336

)

CAPITAL AND RESERVES

Called up share capital

3

100

Retained earnings realised

54,145

(23,436

)

SHAREHOLDERS' FUNDS

54,245

(23,336

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2016 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 22 March 2017 and were signed by:

M Collins - 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 January 2015).

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

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Deferred tax

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

the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

324,894

Additions

5,844

At 30 June 2016

330,738

DEPRECIATION

At 1 February 2015

234,517

Charge for period

21,645

At 30 June 2016

256,162

NET BOOK VALUE

At 30 June 2016

74,576

At 31 January 2015

90,377

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

4.	ULTIMATE PARENT COMPANY

MC Broadcast Services Limited (incorporated in England and Wales ) is regarded by the director as

being the company's ultimate parent company.

The Company was acquired by MC Broadcast Services Ltd on the 1 February 2014.