Abbreviated Company Accounts - SOCIETY FOR EDUCATION LIMITED

SOCIETY FOR EDUCATION LIMITED - Company Information

Registered Number 04964185

SOCIETY FOR EDUCATION LIMITED

Abbreviated Accounts

30 November 2015

SOCIETY FOR EDUCATION LIMITED Registered Number 04964185

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets		-	-
Tangible assets		-	-
Investments	3	250,203	306,294
		250,203	306,294
Current assets
Stocks		-	-
Debtors		136,800	-
Investments		-	-
Cash at bank and in hand		23,670	40,791
		160,470	40,791
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(360)	0
Net current assets (liabilities)		160,110	40,791
Total assets less current liabilities		410,313	347,085
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		410,313	347,085
Reserves
Revaluation reserve		0	0
Other reserves		410,313	347,085
Income and expenditure account		0	0
Members' funds		410,313	347,085

For the year ending 30 November 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 15 February 2016

And signed on their behalf by:
RUTH GREEN, Director

SOCIETY FOR EDUCATION LIMITED Registered Number 04964185

Notes to the Abbreviated Accounts for the period ended 30 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have prepared under the historical cost convention, except for investments which are included at market value, and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice “Accounting and Reporting by charities” issued in March 2005 (SORP) and the Companies Act 2006.

Turnover policy
Loans and grants are made in accordance with the current liquidity of the Charity.

Tangible assets depreciation policy
As the primary asset of the Charity is a property in area where property values are considered to rise, it is considered that it is correct not to apply any depreciation.

Intangible assets amortisation policy
The Charity does not possess any intangible assets.

Valuation information and policy
The valuation is based on the recent purchase price of an investment property.

Other accounting policies
N/A

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Fixed assets Investments
The charity holds fixed assets with a view to capital incrementation.