Words & Pictures Education Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04819461 (England and Wales)

Words & Pictures Education Limited

Abbreviated Accounts

for the Year Ended 31 March 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr A Layton

Mr D Lynch MBA FCMA

Mr A Holt

SECRETARY:

Mr D Lynch MBA FCMA

REGISTERED OFFICE:

Wharfebank House

Ilkley Road

Otley

Leeds

West Yorkshire

LS21 3JP

REGISTERED NUMBER:

04819461 (England and Wales)

ACCOUNTANTS:

Jolliffe Cork LLP

Chartered Accountants

33 George Street

Wakefield

West Yorkshire

WF1 1LX

FIXED ASSETS

Tangible assets

2

434

1,087

CURRENT ASSETS

Stocks

2,038

142

Debtors

59,053

74,422

Cash at bank and in hand

42,465

46,979

103,556

121,543

CREDITORS

Amounts falling due within one year

51,245

71,566

NET CURRENT ASSETS

52,311

49,977

TOTAL ASSETS LESS CURRENT LIABILITIES

52,745

51,064

PROVISIONS FOR LIABILITIES

87

217

NET ASSETS

52,658

50,847

CAPITAL AND RESERVES

Called up share capital

3

10,000

10,000

Profit and loss account

42,658

40,847

SHAREHOLDERS' FUNDS

52,658

50,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 22 September 2015 and were signed on its behalf by:

Mr A Layton - 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).

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

33% on cost

Fixed assets initially recorded at cost.

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of

activity. Provision is made for any foreseeable losses where appropriate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

3,854

Additions

350

At 31 March 2015

4,204

DEPRECIATION

At 1 April 2014

2,767

Charge for year

1,003

At 31 March 2015

3,770

NET BOOK VALUE

At 31 March 2015

434

At 31 March 2014

1,087

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

10,000

Ordinary

£1

10,000

10,000