Registered number: 04959979 | ||||||||
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FOR THE YEAR ENDED 31 JANUARY 2016 | ||||||||
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Prepared By: | ||||||||
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Chartered Accountants | ||||||||
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Solihull | ||||||||
West Midlands | ||||||||
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Express Music MLC Ltd | ||||||||
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ABBREVIATED ACCOUNTS | ||||||||
FOR THE YEAR ENDED
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INDEX TO THE ACCOUNTS | ||||||||
Abbreviated Balance Sheet | 2 | |||||||
Notes to the Abbreviated Accounts | 3 | |||||||
The company's registered number is 04959979 | ||||||||
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Express Music MLC Ltd | ||||||||
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Registered Number: 04959979 | ||||||||||
BALANCE SHEET AT 31 JANUARY 2016 | ||||||||||
2016 | 2015 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 |
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Tangible assets | 3 |
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CURRENT ASSETS | ||||||||||
Stock |
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Debtors (amounts falling due within one year) | 4 |
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Cash at bank and in hand |
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261,936 |
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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 | 5 |
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NET ASSETS |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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Approved by the board on
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Director | ||||||||||
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Express Music MLC Ltd | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 JANUARY 2016 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
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1b. Cash Flow Statement | ||||||||
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1c. Depreciation | ||||||||
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Plant and Machinery |
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Commercial Vehicles |
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Equipment |
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1d. Stocks | ||||||||
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1e. Taxation | ||||||||
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Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted. |
1f. Turnover | ||||||||
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1g. Goodwill | ||||||||
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Express Music MLC Ltd | ||||||||
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2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 1 February 2015 |
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At 31 January 2016 |
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Depreciation | ||||
At 1 February 2015 |
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For the year |
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At 31 January 2016 |
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Net Book Amounts | ||||
At 31 January 2016 | 25,000 | 25,000 | ||
At 31 January 2015 |
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3. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Commercial | |||||||
Machinery | Vehicles | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 1 February 2015 |
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Additions |
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At 31 January 2016 | 7,800 | 6,000 | 39,534 | 53,334 | ||||
Depreciation | ||||||||
At 1 February 2015 |
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For the year |
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At 31 January 2016 |
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Net Book Amounts | ||||||||
At 31 January 2016 |
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At 31 January 2015 |
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4. DEBTORS | 2016 | 2015 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Other debtors |
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Express Music MLC Ltd | ||||||||
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5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2016 | 2015 | |||||||
£ | £ | |||||||
Bank loans and overdrafts | 21,653 | 29,773 | ||||||
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6. SHARE CAPITAL | 2016 | 2015 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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1 | 1 | |||||||