Cambridge Aids to Learning Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 00913263

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

CAMBRIDGE AIDS TO LEARNING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs B A Prior

J Lisher

Mrs K Briden

SECRETARY:

Mrs K Briden

REGISTERED OFFICE:

16 Geldart Street

Cambridge

Cambridgeshire

CB1 2LX

REGISTERED NUMBER:

00913263

ACCOUNTANTS:

Stanes Rand & Co

Chartered Accountants

10 Jesus Lane

Cambridge

England

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

2

1,427,367

1,075,403

CURRENT ASSETS

Debtors

3

20,069

20,278

Cash at bank

194,581

477,431

214,650

497,709

CREDITORS

Amounts falling due within one year

(36,193

)

(33,967

)

NET CURRENT ASSETS

178,457

463,742

TOTAL ASSETS LESS CURRENT LIABILITIES

1,605,824

1,539,145

CAPITAL AND RESERVES

Called up share capital

4

1,102

1,102

Revaluation reserve

67,660

2,073

Profit and loss account

1,537,062

1,535,970

SHAREHOLDERS' FUNDS

1,605,824

1,539,145

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 28 July 2016 and were signed on its behalf by:

Mrs B A Prior - Director

J Lisher - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Tangible fixed assets

Depreciation is provided at the following rates in order to write off each asset over its estimated useful economic

life:

Plant and machinery

20%

Land and Buildings

0%

All items with a purchase cost of £1,000 or greater are capitalised on the balance sheet. Any asset with a netbook

value of £100 or less is written off to the profit and loss account.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

Investment property

In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) no depreciation

is provided in respect of freehold properties held as investments. This is a departure from the requirements of

the Companies Act 2006 which requires all properties to be depreciated. Such properties are held for investment

and not for consumption and the directors consider that to depreciate them would not give a true and fair view.

Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the

amount of depreciation which might otherwise have been charged cannot be separately identified or quantified.

The directors consider that this policy results in the accounts giving a true and fair view.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 April 2015

1,075,403

Additions

286,377

Revaluations

65,587

At 31 March 2016

1,427,367

NET BOOK VALUE

At 31 March 2016

1,427,367

At 31 March 2015

1,075,403

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 7,558 (2015 - £ 8,158 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

110,175

Ordinary

£0.01

1,102

1,102