Accord Language Schools Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08597799 (England and Wales)

Accord Language Schools Limited

Abbreviated Unaudited Accounts

For The Period 4 July 2013 to 31 December 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J A G Lajugie

F Pfeiffer

REGISTERED OFFICE:

Brook House

64-72 Spring Gardens

Manchester

Lancashire

M2 2BQ

REGISTERED NUMBER:

08597799 (England and Wales)

ACCOUNTANTS:

Lloyd Piggott Limited

Chartered Accountants

Wellington House

39/41 Piccadilly

Manchester

M1 1LQ

FIXED ASSETS

Investments

2

19,731

CURRENT ASSETS

Debtors

3

938,591

Cash at bank

30,728

969,319

CREDITORS

Amounts falling due within one year

25,323

NET CURRENT ASSETS

943,996

TOTAL ASSETS LESS CURRENT LIABILITIES

963,727

CAPITAL AND RESERVES

Called up share capital

4

200

Profit and loss account

963,527

SHAREHOLDERS' FUNDS

963,727

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 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 have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 March 2015 and were signed on its behalf by:

F Pfeiffer - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Preparation of consolidated financial statements

The financial statements contain information about Accord Language Schools Limited as an

individual company and do not contain consolidated financial information as the parent of a group.

The company has taken the option under Section 398 of the Companies Act 2006 not to prepare

consolidated financial statements.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

19,731

At 31 December 2014

19,731

NET BOOK VALUE

At 31 December 2014

19,731

The company's investments at the balance sheet date in the share capital of companies include the

following:

Forum Accord

Country of incorporation: France

Nature of business: Language School

%

Class of shares:

holding

Ordinary

100.00

2014

£

Aggregate capital and reserves

958,442

Profit for the period

160,102

Active English Academy Limited

Nature of business: Language School

%

Class of shares:

holding

Ordinary

89.00

2014

£

Aggregate capital and reserves

(360,120

)

Loss for the period

(63,019

)

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 805,544

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

200

Ordinary

£1

200

200 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.