Registered Number 08446743

NOVELLI MUSIC LIMITED

Abbreviated Accounts

31 December 2013

NOVELLI MUSIC LIMITED Registered Number 08446743

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013
£
Fixed assets
Tangible assets 2 212
212
Current assets
Debtors 2,225
Cash at bank and in hand 118
2,343
Creditors: amounts falling due within one year (2,114)
Net current assets (liabilities) 229
Total assets less current liabilities 441
Total net assets (liabilities) 441
Capital and reserves
Called up share capital 1
Profit and loss account 440
Shareholders' funds 441
  • For the year ending 31 December 2013 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 30 September 2014

And signed on their behalf by:
C Novelli, Director

NOVELLI MUSIC LIMITED Registered Number 08446743

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Fixtures, fittings and equipment - 15% reducing balance

2 Tangible fixed assets
£
Cost
Additions 250
Disposals -
Revaluations -
Transfers -
At 31 December 2013 250
Depreciation
Charge for the year 38
On disposals -
At 31 December 2013 38
Net book values
At 31 December 2013 212

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