SCHOOL_TRANSPORT_MANAGEME - Accounts
SCHOOL_TRANSPORT_MANAGEME - Accounts
Company Registration No. 07779288 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(15,802 )
(9,793 )
Net current liabilities
(579 )
(693 )
Total assets less current liabilities
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Director's responsibilities:
-
-
Approved by the Board for issue on 17 July 2015
Director
Company Registration No. 07779288
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Fixtures, fittings & equipment
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2013 & at 30 September 2014
1,290
Depreciation
At 1 October 2013
391
Charge for the year
180
At 30 September 2014
571
Net book value
At 30 September 2014
719
At 30 September 2013
899
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2014
- 3 -
4
Related party relationships and transactions
Loans to directors
Transactions in relation to loans with directors during the year are outlined in the table below:
Description
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
Linda Howard - Loans
4.00
3,593
-
-
(3,593)
-
3,593
-
-
(3,593)
-