Oxford Learning Lab Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05431143 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

OXFORD LEARNING LAB LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G Burlini

N C Tattersall

SECRETARY:

Ms R Craig

REGISTERED OFFICE:

Summertown Pavilion

Middleway

Oxford

Oxfordshire

OX2 7LG

REGISTERED NUMBER:

05431143 (England and Wales)

ACCOUNTANTS:

Galbraith Pritchards

20 Barns Street

Ayr

Ayrshire

KA7 1XA

CURRENT ASSETS

Debtors

-

2,940

Cash at bank

7,571

1,791

7,571

4,731

CREDITORS

Amounts falling due within one year

960

1,740

NET CURRENT ASSETS

6,611

2,991

TOTAL ASSETS LESS CURRENT LIABILITIES

6,611

2,991

CREDITORS

Amounts falling due after more than one year

32,790

29,258

NET LIABILITIES

(26,179

)

(26,267

)

CAPITAL AND RESERVES

Called up share capital

2

50

50

Profit and loss account

(26,229

)

(26,317

)

SHAREHOLDERS' FUNDS

(26,179

)

(26,267

)

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 23 December 2015 and were signed on its behalf by:

G Burlini - 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).

The financial statements have been prepared on the going concern basis due to the continuing support of the

company by the directors.

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.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/15

31/3/14

value:

£

£

50

Ordinary

£1

50

50

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

31/3/15

31/3/14

£

£

G Burlini

Balance outstanding at start of year

2,940

1,294

Amounts advanced

-

1,646

Amounts repaid

(2,940

)

-

Balance outstanding at end of year

-

2,940