Osborne Education Limited - Limited company accounts 11.9
Osborne Education Limited - Limited company accounts 11.9
| REGISTERED NUMBER: |
| OSBORNE EDUCATION LIMITED |
| Report of the Director and |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2015 |
| OSBORNE EDUCATION LIMITED (REGISTERED NUMBER: 08826870) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2015 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| OSBORNE EDUCATION LIMITED |
| Company Information |
| for the Year Ended 31 December 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| OSBORNE EDUCATION LIMITED (REGISTERED NUMBER: 08826870) |
| Report of the Director |
| for the Year Ended 31 December 2015 |
| The director presents her report with the financial statements of the company for the year ended 31 December 2015. |
| DIRECTOR |
| This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 |
| relating to small companies. |
| ON BEHALF OF THE BOARD: |
| OSBORNE EDUCATION LIMITED (REGISTERED NUMBER: 08826870) |
| Profit and Loss Account |
| for the Year Ended 31 December 2015 |
| Period |
| 30.12.13 |
| Year Ended | to |
| 31.12.15 | 31.12.14 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| OPERATING PROFIT | 2 |
| Interest receivable and similar income |
| PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
| Tax on profit on ordinary activities | 3 |
| PROFIT FOR THE FINANCIAL YEAR |
| OSBORNE EDUCATION LIMITED (REGISTERED NUMBER: 08826870) |
| Balance Sheet |
| 31 December 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Profit and loss account | 9 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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 financial statements were approved by the director on |
| OSBORNE EDUCATION LIMITED (REGISTERED NUMBER: 08826870) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2015 |
| 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 |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| 2. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| Period |
| 30.12.13 |
| Year Ended | to |
| 31.12.15 | 31.12.14 |
| £ | £ |
| Depreciation - owned assets |
| Director's remuneration and other benefits etc |
| 3. | TAXATION |
| Analysis of the tax charge |
| The tax charge on the profit on ordinary activities for the year was as follows: |
| Period |
| 30.12.13 |
| Year Ended | to |
| 31.12.15 | 31.12.14 |
| £ | £ |
| Current tax: |
| UK corporation tax |
| Tax on profit on ordinary activities |
| 4. | DIVIDENDS |
| Period |
| 30.12.13 |
| Year Ended | to |
| 31.12.15 | 31.12.14 |
| £ | £ |
| Ordinary shares of 1 each |
| Final | 25,000 | 8,000 |
| OSBORNE EDUCATION LIMITED (REGISTERED NUMBER: 08826870) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2015 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 January 2015 |
| Additions |
| At 31 December 2015 |
| DEPRECIATION |
| At 1 January 2015 |
| Charge for year |
| At 31 December 2015 |
| NET BOOK VALUE |
| At 31 December 2015 |
| At 31 December 2014 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2015 | 2014 |
| £ | £ |
| Trade debtors | 5,922 | - |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2015 | 2014 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | 1 |
| 9. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 January 2015 |
| Profit for the year |
| Dividends | ( |
) |
| At 31 December 2015 |