Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Absolute Music Solutions Ltd
Contents
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Absolute Music Solutions Ltd
(Registration number: 04827522)
Abbreviated Balance Sheet at 30 September 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Investments |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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1
Absolute Music Solutions Ltd
(Registration number: 04827522)
Abbreviated Balance Sheet at 30 September 2016
......... continued
Approved by the Board on
A D Barclay
Director
2
Absolute Music Solutions Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
Accounting policies |
Basis of preparation
Exemption from preparing group accounts
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Leasehold costs and alterations |
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Equipment |
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Office furniture |
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Computer equipment |
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Motor vehicles |
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Website |
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Fixed asset investments
Stock
Deferred tax
Foreign currency
Absolute Music Solutions Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
Hire purchase and leasing
Financial instruments
Pensions
Fixed assets |
Tangible assets
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Investments
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Total
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Cost |
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At 1 October 2015 |
798,984 |
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798,984 |
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Additions |
84,654 |
100 |
84,754 |
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At 30 September 2016 |
883,638 |
100 |
883,738 |
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Depreciation |
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At 1 October 2015 |
365,834 |
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365,834 |
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Charge for the year |
105,212 |
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105,212 |
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At 30 September 2016 |
471,046 |
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471,046 |
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Net book value |
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At 30 September 2016 |
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At 30 September 2015 |
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Absolute Music Solutions Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
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Details of undertakings |
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Country of incorporation |
Holding |
Proportion of voting rights and shares held |
Principal activity |
Subsidiary undertakings |
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England and Wales |
Ordinary shares |
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The financial period end of Bournemouth Academy of Modern Music Ltd is
Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2016
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2015
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Amounts falling due within one year |
276,862 |
256,283 |
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Amounts falling due after more than one year |
111,052 |
182,992 |
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Total secured creditors |
387,914 |
439,275 |
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Related party transactions |
During the year dividends were paid to directors totalling £27,500 (2015: £27,500).
Control |
The company is controlled by