Assessment & Qualification Solutions Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 05228269

Abbreviated Unaudited Accounts

for the year ended

30 September 2015

for

Assessment & Qualification Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B Sykes

SECRETARY:

S Clay

REGISTERED OFFICE:

Suite 9

30 Bancroft

Hitchin

Hertfordshire

SG5 1LE

REGISTERED NUMBER:

05228269

ACCOUNTANTS:

Base52 Ltd

Chartered Management Accountants

Suite 9

30 Bancroft

Hitchin

Hertfordshire

SG5 1LE

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

579

-

579

-

CURRENT ASSETS

Debtors

2,322

1,645

Cash at bank

1,028

28

3,350

1,673

CREDITORS

Amounts falling due within one year

8,910

17,093

NET CURRENT LIABILITIES

(5,560

)

(15,420

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,981

)

(15,420

)

CAPITAL AND RESERVES

Called up share capital

4

10

10

Profit and loss account

(4,991

)

(15,430

)

SHAREHOLDERS' FUNDS

(4,981

)

(15,420

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 June 2016 and were signed by:

B Sykes - 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 January 2015).

Turnover

Turnover represents net 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

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% 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.

Going concern

It is the director's belief that the company will trade profitably in the future. As such, these accounts have been

prepared on a going concern basis.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

784

AMORTISATION

At 1 October 2014

and 30 September 2015

784

NET BOOK VALUE

At 30 September 2015

-

At 30 September 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

5,073

Additions

864

At 30 September 2015

5,937

DEPRECIATION

At 1 October 2014

5,073

Charge for year

285

At 30 September 2015

5,358

NET BOOK VALUE

At 30 September 2015

579

At 30 September 2014

-

4.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2015

2014

value:

£

£

10

Share capital 1

1

10

10

5.	RELATED PARTY DISCLOSURES