Company Registration No. 01534361 (England and Wales)
LONDON EDUCATIONAL SERVICES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014
LONDON EDUCATIONAL SERVICES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
LONDON EDUCATIONAL SERVICES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2014
30 September 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
420
-
Investments
2
3,350
3,350
3,770
3,350
Current assets
Debtors
32,269
31,830
Cash at bank and in hand
53
6,675
32,322
38,505
Creditors: amounts falling due within one year
(97,874)
(105,818)
Net current liabilities
(65,552)
(67,313)
Total assets less current liabilities
(61,782)
(63,963)
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
(61,882)
(64,063)
Shareholders' funds
(61,782)
(63,963)
For the financial year ended 30 September 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 4 September 2015
Mr George Papageorgiou
Director
Company Registration No. 01534361
LONDON EDUCATIONAL SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold
Nil
Improvements to property
Nil
Plant and machinery
33% per annum on cost
Fixtures, fittings & equipment
33% per annum on cost
1.4
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
2
Fixed assets
Tangible assets
Investments
Total
£
£
£
Cost
At 1 October 2013
7,675
3,350
11,025
Additions
420
-
420
At 30 September 2014
8,095
3,350
11,445
Depreciation
At 1 October 2013 & at 30 September 2014
7,675
-
7,675
Net book value
At 30 September 2014
420
3,350
3,770
At 30 September 2013
-
3,350
3,350
LONDON EDUCATIONAL SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2014
- 3 -
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
2014-09-302013-10-01falsetruetruetruetruetruetmp7417.html2015-09-08015343612013-10-012014-09-30015343612014-09-30015343612013-09-30015343612013-09-3001534361uk-bus:CompanySecretaryDirector2013-10-012014-09-3001534361uk-gaap:LandBuildings2013-10-012014-09-3001534361uk-gaap:LandBuildingsuk-gaap:LeasedTangibleFixedAssets2013-10-012014-09-3001534361uk-gaap:PlantMachinery2013-10-012014-09-3001534361uk-gaap:FixturesFittingsToolsEquipment2013-10-012014-09-3001534361uk-bus:OrdinaryShareClass12013-10-012014-09-3001534361uk-bus:OrdinaryShareClass12014-09-3001534361uk-bus:OrdinaryShareClass12013-09-30xbrli:purexbrli:sharesiso4217:GBP
