Academy Of Performing Arts Limited - Limited company - abbreviated - 11.0.0
Academy Of Performing Arts Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 December 2013 |
| for |
| Academy Of Performing Arts Limited |
| Academy Of Performing Arts Limited (Registered number: 03676856) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 December 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Chartered Certified Accountants' Report | 5 |
| Academy Of Performing Arts Limited |
| Company Information |
| for the Year Ended 31 December 2013 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Academy Of Performing Arts Limited (Registered number: 03676856) |
| Abbreviated Balance Sheet |
| 31 December 2013 |
| 31.12.13 | 31.12.12 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 4 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Revaluation reserve |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on |
| Academy Of Performing Arts Limited (Registered number: 03676856) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 December 2013 |
| 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 April 2008). |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market |
| value is transferred to a revaluation reserve. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet |
| date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2013 |
| and 31 December 2013 |
| DEPRECIATION |
| At 1 January 2013 |
| Charge for year |
| At 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 January 2013 |
| and 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| 4. | CREDITORS |
| Creditors include the following debts falling due in more than five years: |
| 31.12.13 | 31.12.12 |
| £ | £ |
| Repayable by instalments | 470,693 | 471,131 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.13 | 31.12.12 |
| value: | £ | £ |
| Ordinary | 1 |
| Academy Of Performing Arts Limited (Registered number: 03676856) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 December 2013 |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 December 2013 and |
| 31 December 2012: |
| 31.12.13 | 31.12.12 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |
| Included in other debtors as at 1 January 2013, is a loan to the director Mrs N J H Barnes of £22,552. At the year end, |
| there was a balance of £22,056 due from the director. |
| Chartered Certified Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Academy Of Performing Arts Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited |
| financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial |
| statements of Academy Of Performing Arts Limited for the year ended 31 December 2013 which comprise the Profit and Loss |
| Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations |
| you have given us. |
| As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other |
| professional requirements which are detailed at http://rulebook.accaglobal.com. |
| This report is made solely to the Board of Directors of Academy Of Performing Arts Limited, as a body, in accordance with our |
| terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Academy Of |
| Performing Arts Limited and state those matters that we have agreed to state to the Board of Directors of Academy Of Performing |
| Arts Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as |
| detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume |
| responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Academy Of Performing Arts Limited has kept adequate accounting records and to prepare statutory |
| financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Academy Of Performing |
| Arts Limited. You consider that Academy Of Performing Arts Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Academy Of Performing Arts Limited. |
| For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you |
| have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Date: ............................................. |