Abbreviated Company Accounts - WE CONNECT STUDENTS LTD

WE CONNECT STUDENTS LTD - Company Information

Registered Number 07496268

WE CONNECT STUDENTS LTD

Abbreviated Accounts

31 January 2016

WE CONNECT STUDENTS LTD Registered Number 07496268

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	1,888	7,014
Tangible assets	3	134,304	154,179
		136,192	161,193
Current assets
Debtors		240	9,385
Cash at bank and in hand		9,907	19,667
		10,147	29,052
Creditors: amounts falling due within one year		(1,460)	(1,825)
Net current assets (liabilities)		8,687	27,227
Total assets less current liabilities		144,879	188,420
Total net assets (liabilities)		144,879	188,420
Capital and reserves
Called up share capital		868,939	868,939
Profit and loss account		(724,060)	(680,519)
Shareholders' funds		144,879	188,420

For the year ending 31 January 2016 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 18 May 2016

And signed on their behalf by:
C Banks, Director

WE CONNECT STUDENTS LTD Registered Number 07496268

Notes to the Abbreviated Accounts for the period ended 31 January 2016

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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life.

Intangible assets amortisation policy
Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 5 years

2Intangible fixed assets

	£
Cost
At 1 February 2015	25,629
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	25,629
Amortisation
At 1 February 2015	18,615
Charge for the year	5,126
On disposals	-
At 31 January 2016	23,741
Net book values
At 31 January 2016	1,888
At 31 January 2015	7,014

3Tangible fixed assets

	£
Cost
At 1 February 2015	210,364
Additions	1,500
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	211,864
Depreciation
At 1 February 2015	56,185
Charge for the year	21,375
On disposals	-
At 31 January 2016	77,560
Net book values
At 31 January 2016	134,304
At 31 January 2015	154,179