Registered number
07269130
Abstract Sounds Books Limited
Abbreviated Accounts
30 June 2014
Chapman, Robinson & Moore Limited
Accountants & Registered Auditors
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE
Abstract Sounds Books Limited
Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Abstract Sounds Books Limited for the year ended 30 June 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Abstract Sounds Books Limited for the year ended 30 June 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.
Chapman, Robinson & Moore Limited
Accountants and Registered Auditors
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE
14 January 2015
Abstract Sounds Books Limited
Registered number: 07269130
Abbreviated Balance Sheet
as at 30 June 2014
Notes 2014 2013
£ £
Current assets
Stocks - 54,315
Debtors 426,467 470,406
Cash at bank and in hand 4,990 5,911
431,457 530,632
Creditors: amounts falling due within one year (423,613) (517,217)
Net current assets 7,844 13,415
Net assets 7,844 13,415
Capital and reserves
Called up share capital 2 2 2
Profit and loss account 7,842 13,413
Shareholders' funds 7,844 13,415
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Mr Edward Christie
Director
Approved by the board on 14 January 2015
Abstract Sounds Books Limited
Notes to the Abbreviated Accounts
for the year ended 30 June 2014
1 Accounting policies
Basis of preparation
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
2 Share capital Nominal 2014 2014 2013
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 2 2 2
3 Loans with directors
Description and conditions B/fwd Paid to Paid from C/fwd
£ £ £ £
Mr Stephen Beatty
Loan from director (2,248) 2,248 - -
(2,248) 2,248 - -
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