Plaskett International College Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08180112 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2015

for

Plaskett International College Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

I Crocker

Ms L A Picton

REGISTERED OFFICE:

14 Millhouse Park

Torpoint

Cornwall

PL11 2JD

REGISTERED NUMBER:

08180112 (England and Wales)

ACCOUNTANTS:

Prydis Accounts Limited

Chartered Accountants

The Parade

Liskeard

Cornwall

PL14 6AF

FIXED ASSETS

Intangible assets

2

11,475

12,150

Tangible assets

3

6,797

7,376

18,272

19,526

CURRENT ASSETS

Cash at bank and in hand

2,157

1,923

CREDITORS

Amounts falling due within one year

1,962

2,365

NET CURRENT ASSETS/(LIABILITIES)

195

(442

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

18,467

19,084

CREDITORS

Amounts falling due after more than one
year

21,446

NET LIABILITIES

(2,979

)

(2,362

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(3,079

)

(2,462

)

SHAREHOLDERS' FUNDS

(2,979

)

(2,362

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 26 May 2016 and were signed on its behalf by:

I Crocker - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Although reserves are overdrawn, the company has the continued support from its directors. As a result, the

directors have assessed there are no material uncertainties which may cast significant doubt about the

company's ability to continue. this financial statements have therefore been prepared using the going concern

basis of accounting.

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.

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 and 15% 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 September 2014

and 31 August 2015

13,500

AMORTISATION

At 1 September 2014

1,350

Amortisation for year

675

At 31 August 2015

2,025

NET BOOK VALUE

At 31 August 2015

11,475

At 31 August 2014

12,150

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

10,269

Additions

760

At 31 August 2015

11,029

DEPRECIATION

At 1 September 2014

2,893

Charge for year

1,339

At 31 August 2015

4,232

NET BOOK VALUE

At 31 August 2015

6,797

At 31 August 2014

7,376

4.	CALLED UP SHARE CAPITAL

Allotted

and

issued:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

100

Share capital 1

£1

100