Registered Number 03451681
PINEAPPLE MUSIC LIMITED
Abbreviated Accounts
31 October 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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( |
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Total assets less current liabilities |
( |
( |
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Accruals and deferred income |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and machinery - 20% reducing balance
Office equipment - 20% reducing balance
Other accounting policies
The company has a deficit on shareholders' funds and relies upon the support of its shareholders and creditors, which has been confirmed for a period of at least twelve months from the approval of the financial statements. Accordingly the directors have prepared the financial statements on the going concern basis.
£ | |
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Cost | |
At 1 November 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 October 2014 |
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Depreciation | |
At 1 November 2013 |
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Charge for the year |
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On disposals |
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At 31 October 2014 |
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Net book values | |
At 31 October 2014 | 1,918 |
At 31 October 2013 | 2,397 |
4 Transactions with directors
Name of director receiving advance or credit: |
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Description of the transaction: |
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Balance at 1 November 2013: | £ |
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Advances or credits made: | £ |
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Advances or credits repaid: | £ |
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Balance at 31 October 2014: | £ |
Name of director receiving advance or credit: |
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Description of the transaction: |
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Balance at 1 November 2013: | £ |
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Advances or credits made: | £ |
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Advances or credits repaid: |
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Balance at 31 October 2014: | £ |
At the balance sheet date Mr Berry's current was overdrawn by £1,921. In 2013 the company owed Mr Berry £4,315.
The loan is unsecured, interest free and repayable on demand. The overdrawn balance of £1,921 has since been repaid in full.