Abbreviated Company Accounts - CAMBRIDGE CULTURE AND EDUCATION CENTER LTD

Abbreviated Company Accounts - CAMBRIDGE CULTURE AND EDUCATION CENTER LTD


Registered Number 08319644

CAMBRIDGE CULTURE AND EDUCATION CENTER LTD

Abbreviated Accounts

31 March 2014

CAMBRIDGE CULTURE AND EDUCATION CENTER LTD Registered Number 08319644

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Fixed assets
Intangible assets 2 10,800
Tangible assets 3 23,600
34,400
Current assets
Stocks 1,894
Debtors 3,516
Cash at bank and in hand 6,753
12,163
Creditors: amounts falling due within one year (13,317)
Net current assets (liabilities) (1,154)
Total assets less current liabilities 33,246
Creditors: amounts falling due after more than one year (40,000)
Total net assets (liabilities) (6,754)
Capital and reserves
Called up share capital 4 1
Profit and loss account (6,755)
Shareholders' funds (6,754)
  • For the year ending 31 March 2014 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 3 September 2014

And signed on their behalf by:
X Zheng, Director

CAMBRIDGE CULTURE AND EDUCATION CENTER LTD Registered Number 08319644

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost, less any residual value, over their expected useful economic life as follows

Plant and Machinery 20% straight line
Short leasehold property 5% straight line

Intangible assets amortisation policy
Amortisation is provided on intangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected economic life as follows

Goodwill 10% straight line

Valuation information and policy
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs

2Intangible fixed assets
£
Cost
Additions 12,000
Disposals -
Revaluations -
Transfers -
At 31 March 2014 12,000
Amortisation
Charge for the year 1,200
On disposals -
At 31 March 2014 1,200
Net book values
At 31 March 2014 10,800
3Tangible fixed assets
£
Cost
Additions 28,000
Disposals -
Revaluations -
Transfers -
At 31 March 2014 28,000
Depreciation
Charge for the year 4,400
On disposals -
At 31 March 2014 4,400
Net book values
At 31 March 2014 23,600
4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
1 Ordinary shares of £1 each 1

5Transactions with directors

Name of director receiving advance or credit: X Zheng
Description of the transaction: Amount due to the Director
Balance at 5 December 2012: -
Advances or credits made: £ 4,457
Advances or credits repaid: -
Balance at 31 March 2014: £ 4,457