KIWI_EDUCATION_LTD_(FORME - Accounts
KIWI_EDUCATION_LTD_(FORME - Accounts
Company Registration No. 08647707 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 JULY 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
-
Tangible assets
2
Current assets
Debtors
-
Cash at bank and in hand
Creditors: amounts falling due within one year
(56,665 )
(6,577 )
Net current assets
Total assets less current liabilities
Provisions for liabilities
(777 )
-
8,763
18,289
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholder's funds
Director's responsibilities:
-
-
Approved by the Board for issue on 30 March 2016
Director
Company Registration No. 08647707
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Patents
Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.
1.5
Tangible fixed assets and depreciation
Computer equipment
Fixtures, fittings & equipment
1.6
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2015
- 3 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 August 2014
-
2,169
Additions
4,018
At 31 July 2015
6,187
Depreciation
At 1 August 2014
-
476
Charge for the year
910
At 31 July 2015
1,386
Net book value
At 31 July 2015
4,801
At 31 July 2014
-
1,693
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid