REGISTERED NUMBER: 06835493 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

ABOUT SOUND LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTOR:

M R Dilley

REGISTERED OFFICE:

Stapleford Granary

Bury Road

Stapleford

Cambridge

CB22 5BP

REGISTERED NUMBER:

06835493 (England and Wales)

ACCOUNTANTS:

S J Kilshaw Partners

11c Kings Parade

Cambridge

CB2 1SJ

FIXED ASSETS

Tangible assets

2

16,808

6,555

CURRENT ASSETS

Stocks

13,448

550

Debtors

12,337

37,675

Cash at bank

-

9,570

25,785

47,795

CREDITORS

Amounts falling due within one year

38,588

52,419

NET CURRENT LIABILITIES

(12,803

)

(4,624

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,005

1,931

CREDITORS

Amounts falling due after more than one year

-

(4,112

)

PROVISIONS FOR LIABILITIES

(2,624

)

-

NET ASSETS/(LIABILITIES)

1,381

(2,181

)

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

1,181

(2,381

)

SHAREHOLDERS' FUNDS

1,381

(2,181

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 31 December 2016 and were signed by:

M R Dilley - 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 invoices sales of good and services, 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 etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

62,664

Additions

13,282

At 31 March 2016

75,946

DEPRECIATION

At 1 April 2015

56,109

Charge for year

3,029

At 31 March 2016

59,138

NET BOOK VALUE

At 31 March 2016

16,808

At 31 March 2015

6,555

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

200

Ordinary £1

£1

200

200

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

31.3.16

31.3.15

£

£

M R Dilley

Balance outstanding at start of year

13,674

12,697

Amounts advanced

49,135

53,605

Amounts repaid

(65,908

)

(52,628

)

Balance outstanding at end of year

(3,099

)

13,674

5.	NET CURRENT LIABILITIES

The director is aware of the net current liabilities at the balance sheet date and is prepared to finance any

shortfall as necessary.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of About Sound Limited for the year ended 31 March 2016 which comprise the Profit and Loss

Account, 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of About Sound Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of About Sound Limited and state those matters that we have agreed to state to the director of About Sound Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that About Sound Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of About Sound Limited. You consider that About Sound Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of About Sound Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

S J Kilshaw Partners

11c Kings Parade

Cambridge

CB2 1SJ

31 December 2016