ACCOUNTS - Final Accounts preparation

A&C LEARNING LIMITED - Company Information

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Registered number: 08609481

A&C LEARNING LIMITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 JULY 2014

Whiting & Partners

Chartered Accountants & Business Advisers

George Court

Bartholomew's Walk

Ely

Cambridgeshire

CB7 4JW

A&C LEARNING LIMITED

REGISTERED NUMBER: 08609481

ABBREVIATED BALANCE SHEET

AS AT 31 JULY 2014

2014

	Note	£	£
FIXED ASSETS
Tangible assets	2		1,155

CURRENT ASSETS
Cash at bank	11,687
CREDITORS: amounts falling due within one year	(12,747)
NET CURRENT LIABILITIES		(1,060)

TOTAL ASSETS LESS CURRENT LIABILITIES

PROVISIONS FOR LIABILITIES
Deferred tax			(231)
NET LIABILITIES			(136)

CAPITAL AND RESERVES
Called up share capital	3	1,000
Profit and loss account		(1,136)

SHAREHOLDERS' DEFICIT

(136)

The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 July 2014 and of its profit for the period in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by:

................................................ Mr A Mcgrath	................................................ Mrs C Mcgrath
Director	Director

Date: 11 March 2015

The notes on page 2 form part of these financial statements.

Page 1

A&C LEARNING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 JULY 2014

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	1.2	Turnover
		Turnover comprises revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

	1.3	Tangible fixed assets and depreciation
		Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment

15% reducing balance

2.TANGIBLE FIXED ASSETS

		£
	Cost
	Additions	1,359
	At 31 July 2014	1,359

	Depreciation
	Charge for the period	204
	At 31 July 2014	204

	Net book value
	At 31 July 2014	1,155

3.SHARE CAPITAL

			2014
			£
		Allotted, called up and fully paid

		1,000 Ordinary shares of £1 each	1,000

During the year 1000 ordinary shares were issued.

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