Accounts filed on 31-08-2015


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/08/2015

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 05140192


Registered Number: 05140192

BALANCE SHEET AT 31/08/2015

			2015		2014
	Notes		£		£

FIXED ASSETS
Intangible assets	2		3		10,739
Tangible assets	3		519		692

			522		11,431

CURRENT ASSETS
Cash at bank and in hand		725		5,009
		725		5,009
CREDITORS: Amounts falling due within one year		50,408		55,084
NET CURRENT LIABILITIES			(49,683)		(50,075)
TOTAL ASSETS LESS CURRENT LIABILITIES			(49,161)		(38,644)

CAPITAL AND RESERVES

Called up share capital	4		3		3
Profit and loss account			(49,164)		(38,647)
SHAREHOLDERS' FUNDS			(49,161)		(38,644)

For the year ending 31/08/2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 19/01/2016 and signed on their behalf by




Mrs G Pragnell
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Going Concern
These financial statements have been prepared on a going concern basis which the directors consider appropriate. Although the company had net liabilities at the balance sheet date, the directors are committed to supporting the company for a period of at least a year from the date of this report.




1d. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




1g. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




4. SHARE CAPITAL	2015	2014
	£	£
Allotted, issued and fully paid:
3 Ordinary shares of £1 each	3	3
	3	3




5. TURNOVER

The turnover and pre-tax result is attributable to the provision of nursery school facilities.

	2015	2014
	£	£
Sales	181,730	177,934
	181,730	177,934




6. TRANSACTIONS WITH DIRECTORS
The company paid the sum of £360 (2014 : £1,320) to Mrs G Pragnell, a director, in respect of use of their residence for business purposes.




7. CONTROLLING PARTY
The company is not controlled by any single individual or group of individuals acting together.