Studentfunder Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08158314 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2015

FOR

STUDENTFUNDER LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J M G Davila

J B Downing

A P Griffiths

A Rivasainz

SECRETARY:

A Rivasainz

REGISTERED OFFICE:

27 Old Gloucester Street

London

WC1N 3AX

REGISTERED NUMBER:

08158314 (England and Wales)

ACCOUNTANTS:

Horizon Accounts Limited

Chartered Management Accountants

Stapleton House,

Block A, 2nd Floor,

110 Clifton Street

London

EC2A 4HT

FIXED ASSETS

Tangible assets

2

298

486

CURRENT ASSETS

Debtors

-

59,439

Investments

95,248

98,000

Cash at bank

162,557

323,977

257,805

481,416

CREDITORS

Amounts falling due within one year

16,431

23,434

NET CURRENT ASSETS

241,374

457,982

TOTAL ASSETS LESS CURRENT LIABILITIES

241,672

458,468

CAPITAL AND RESERVES

Called up share capital

3

1

1

Share premium

451,440

455,000

Profit and loss account

(209,769

)

3,467

SHAREHOLDERS' FUNDS

241,672

458,468

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 29 April 2016 and were signed on its behalf by:

J M G Davila - 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 April 2008).

Turnover

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Going concern

The financial statements have been prepared on a going concern basis. However, despite significant efforts the

directors have concluded that the company is unable to continue as a going concern and have ceased trading after

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

750

DEPRECIATION

At 1 August 2014

264

Charge for year

188

At 31 July 2015

452

NET BOOK VALUE

At 31 July 2015

298

At 31 July 2014

486

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

£

130,999

Ordinary Shares

£0.00001

1

1

4,000

B Ordinary shares

£0.00001

-

-

1

1