Abbreviated Company Accounts - COMPACT EDUCATION BUSINESS SERVICES

COMPACT EDUCATION BUSINESS SERVICES - Company Information

Registered Number 03469255

COMPACT EDUCATION BUSINESS SERVICES

Abbreviated Accounts

31 August 2015

COMPACT EDUCATION BUSINESS SERVICES Registered Number 03469255

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	4,774	7,162
		4,774	7,162
Current assets
Debtors		500	-
Cash at bank and in hand		218,739	200,680
		219,239	200,680
Creditors: amounts falling due within one year		(7,005)	(6,273)
Net current assets (liabilities)		212,234	194,407
Total assets less current liabilities		217,008	201,569
Total net assets (liabilities)		217,008	201,569
Reserves
Other reserves		112,459	112,459
Income and expenditure account		104,549	89,110
Members' funds		217,008	201,569

For the year ending 31 August 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 9 May 2016

And signed on their behalf by:
A Czolacz, Director

COMPACT EDUCATION BUSINESS SERVICES Registered Number 03469255

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible Fixed Assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment: 40% reducing balance

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

3Tangible fixed assets

	£
Cost
At 1 September 2014	156,080
Additions	630
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	156,710
Depreciation
At 1 September 2014	148,918
Charge for the year	3,018
On disposals	-
At 31 August 2015	151,936
Net book values
At 31 August 2015	4,774
At 31 August 2014	7,162