Brighton International Summer School Ltd - Limited company - abbreviated

REGISTERED NUMBER: 04451410 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

BRIGHTON INTERNATIONAL SUMMER SCHOOL LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A J Ward

SECRETARY:

Mrs M E Ward

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

04451410 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Intangible assets

2

21,000

24,000

Tangible assets

3

4,705

4,794

25,705

28,794

CURRENT ASSETS

Debtors

464

35,223

Cash at bank

16,246

81,437

16,710

116,660

CREDITORS

Amounts falling due within one year

40,045

121,069

NET CURRENT LIABILITIES

(23,335

)

(4,409

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,370

24,385

PROVISIONS FOR LIABILITIES

941

959

NET ASSETS

1,429

23,426

CAPITAL AND RESERVES

Called up share capital

4

Profit and loss account

1,425

23,422

SHAREHOLDERS' FUNDS

1,429

23,426

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 director acknowledges his 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 director on 22 December 2015 and were signed by:

A J Ward - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Furniture,fittings & equipment

-

25% on reducing balance

Computer & office equipment

-

33% on cost

Deferred tax

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

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

60,000

AMORTISATION

At 1 April 2014

36,000

Amortisation for year

3,000

At 31 March 2015

39,000

NET BOOK VALUE

At 31 March 2015

21,000

At 31 March 2014

24,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

24,342

Additions

3,091

At 31 March 2015

27,433

DEPRECIATION

At 1 April 2014

19,548

Charge for year

3,180

At 31 March 2015

22,728

NET BOOK VALUE

At 31 March 2015

4,705

At 31 March 2014

4,794

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary A

£1

1

Ordinary B

£1

1

Ordinary C

£1

1

Ordinary D

£1

1

4

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed £2,162 (2014: £34,691 owed by) to Mr A J Ward, the company director. The maximum balance outstanding during the year was £34,691 owed by (2014: £34,691). Interest of £0 was charged. This is interest free and repayable on demand.

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A J Ward.

Brighton International Summer School Ltd - Limited company - abbreviated - 11.9

Brighton International Summer School Ltd - Limited company - abbreviated - 11.9