The Kingsway International College Ltd


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The Kingsway International College Ltd
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Registered number: 08341049
The Kingsway International College Ltd
Abbreviated accounts
For The Year Ended 31 December 2013
Accountax Consultants UK Ltd

Chartered Certified Accountants & Registered Auditors

The Basement
Goodmayes House
45-49 Goodmayes Road
Essex
IG3 9UF
Abbreviated Balance Sheet
2013
Notes £ £
FIXED ASSETS
Tangible assets 2 14,197
14,197
CURRENT ASSETS
Cash at bank and in hand 22,257
22,257
Creditors: Amounts Falling Due Within One Year (22,872)
NET CURRENT ASSETS (LIABILITIES) (615)
TOTAL ASSETS LESS CURRENT LIABILITIES 13,582
NET ASSETS 13,582
CAPITAL AND RESERVES
Called up share capital 3 1,000
Profit and Loss account 12,582
SHAREHOLDERS' FUNDS 13,582
Page 1
For the year ending 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
  • The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
On behalf of the board
Mr Mohammad Shibli Sadeque
24/09/2014
Page 2
Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
 
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
 
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible Fixed Assets and Depreciation
 
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
 
Fixtures & Fittings 25%
Computer Equipment 33.33%
Tangible Assets
Total
Cost £
As at 1 January 2013 -
Additions 20,600
As at 31 December 2013 20,600
Depreciation
As at 1 January 2013 -
Provided during the period 6,403
As at 31 December 2013 6,403
Net Book Value
As at 31 December 2013 14,197
As at 1 January 2013 -
Page 3
Share Capital
 
Value Number 2013
Allotted, called up and fully paid: £ £
Ordinary shares 1.000 1000 1,000
 
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