Abbreviated Company Accounts - ABSTRACT SOUNDS LIMITED

01603322 ABSTRACT SOUNDS LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 01603322 2015-06-01 2016-05-31 01603322 2016-05-31 01603322 2015-05-31 01603322 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 01603322 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 01603322

ABSTRACT SOUNDS LIMITED

Abbreviated Accounts

31 May 2016

ABSTRACT SOUNDS LIMITED Registered Number 01603322

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	-	201
		-	201
Current assets
Cash at bank and in hand		96,062	129,227
		96,062	129,227
Creditors: amounts falling due within one year		(12,554)	(30,447)
Net current assets (liabilities)		83,508	98,780
Total assets less current liabilities		83,508	98,981
Total net assets (liabilities)		83,508	98,981
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		83,408	98,881
Shareholders' funds		83,508	98,981

For the year ending 31 May 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 July 2016

And signed on their behalf by:
E Christie, Director

ABSTRACT SOUNDS LIMITED Registered Number 01603322

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

Tangible assets depreciation policy
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% per annum on reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 June 2015	7,773
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	7,773
Depreciation
At 1 June 2015	7,572
Charge for the year	201
On disposals	-
At 31 May 2016	7,773
Net book values
At 31 May 2016	0
At 31 May 2015	201

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100