Training Matters Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03313302

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

TRAINING MATTERS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R N Challice

Mrs P M Challice

SECRETARY:

Mrs P M Challice

REGISTERED OFFICE:

Griffins Court

24-32 London Road

Newbury

Berkshire

RG14 1JX

REGISTERED NUMBER:

03313302

ACCOUNTANTS:

Griffins

Chartered Accountants

Griffins Court

24-32 London Road

NEWBURY

Berkshire

RG14 1JX

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

1,016

1,242

1,016

1,242

CURRENT ASSETS

Debtors

4,466

19,569

Cash at bank

22,469

8,011

26,935

27,580

CREDITORS

Amounts falling due within one year

24,954

24,529

NET CURRENT ASSETS

1,981

3,051

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,997

4,293

PROVISIONS FOR LIABILITIES

203

-

NET ASSETS

2,794

4,293

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

2,792

4,291

SHAREHOLDERS' FUNDS

2,794

4,293

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 15 April 2016 and were signed on its behalf by:

Mrs P M Challice - Director

R N Challice - Director

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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

12,000

AMORTISATION

At 1 January 2015

and 31 December 2015

12,000

NET BOOK VALUE

At 31 December 2015

-

At 31 December 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

7,717

Additions

113

At 31 December 2015

7,830

DEPRECIATION

At 1 January 2015

6,475

Charge for year

339

At 31 December 2015

6,814

NET BOOK VALUE

At 31 December 2015

1,016

At 31 December 2014

1,242

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/15

31/12/14

value:

£

2

Ordinary

£1

2