Company Registration No. 08068832 (England and Wales)
The Busking Project Ltd.
Abbreviated unaudited accounts
for the year ended 31 May 2016
The Busking Project Ltd.
Abbreviated Balance Sheet
as at
31 May 2016
Tangible assets
1,994
5,935
Cash at bank and in hand
14,127
5,012
Creditors: amounts falling due within one year
(167,649)
(139,300)
Net current liabilities
(133,570)
(132,974)
Total assets less current liabilities
(131,576)
(127,039)
Creditors: amounts falling due after more than one year
(20,000)
(20,000)
Net liabilities
(151,576)
(147,039)
Called up share capital
200
200
Profit and loss account
(151,776)
(147,239)
Total shareholders' funds
(151,576)
(147,039)
For the year ending 31 May 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 23 February 2017
Mr N Broad
Director
Company Registration No. 08068832
The Busking Project Ltd.
Notes to the Abbreviated Accounts
for the year ended 31 May 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Charge for the year
4,361
3
Share capital
2016
2015
Allotted, called up and fully paid:
10,000 Ordinary shares of £0.02 each
200
200