Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

NATIONWIDE INSTRUCTOR TRAINING COLLEGE LIMITED - Company Information

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NATIONWIDE INSTRUCTOR TRAINING COLLEGE LIMITED

Company Registration Number:
04309598 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

NATIONWIDE INSTRUCTOR TRAINING COLLEGE LIMITED

Abbreviated Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 2 0 10,000
Tangible assets: 3 535,391 552,595
Total fixed assets: 535,391 562,595
Current assets
Debtors: 4 11,374 5,215
Cash at bank and in hand: 955,716 971,175
Total current assets: 967,090 976,390
Creditors: amounts falling due within one year: 5 ( 32,333 ) ( 31,970 )
Net current assets (liabilities): 934,757 944,420
Total assets less current liabilities: 1,470,148 1,507,015
Creditors: amounts falling due after more than one year: 6 ( 198,015 ) ( 213,120 )
Total net assets (liabilities): 1,272,133 1,293,895

The notes form part of these financial statements

NATIONWIDE INSTRUCTOR TRAINING COLLEGE LIMITED

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 7 2 2
Profit and loss account: 1,272,131 1,293,893
Shareholders funds: 1,272,133 1,293,895

For the year ending 31 March 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.

The financial statements were approved by the Board of Directors on 15 July 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: MR R K KANDA
Status: Director

The notes form part of these financial statements

NATIONWIDE INSTRUCTOR TRAINING COLLEGE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements are prepared under the historical cost convention.

    Turnover policy

    The turnover represents the total invoiced value, excluding value added tax, of sales made during the year.

    Tangible fixed assets depreciation policy

    Land and Building is depreciated at a rate of 2% using straight line method and Fixtures & fittings are depreciated at a rate of 15% using reducing balance method.

    Intangible fixed assets amortisation policy

    Intangible asset represent cost of developing web site and has been amortised at a value of £10000. The asset is now fully amortised.

NATIONWIDE INSTRUCTOR TRAINING COLLEGE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Intangible assets

    Total
    Cost £
    01 April 2015: 38,000
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 38,000
    Amortisation
    01 April 2015: 28,000
    Provided during the period: 10,000
    On disposals: 0
    Other Adjustments: 0
    31 March 2016: 38,000
    Net book value
    31 March 2016: 0
    31 March 2015: 10,000

NATIONWIDE INSTRUCTOR TRAINING COLLEGE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Tangible assets

    Total
    Cost £
    01 April 2015: 715,285
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 715,285
    Depreciation
    01 April 2015: 162,690
    Charge for year: 17,204
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 179,894
    Net book value
    31 March 2016: 535,391
    31 March 2015: 552,595

NATIONWIDE INSTRUCTOR TRAINING COLLEGE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 4. Debtors


    2016
    £
    2015
    £
    Trade debtors: 2,774 2,456
    Other debtors: 8,600 2,759
    Total: 11,374 5,215

NATIONWIDE INSTRUCTOR TRAINING COLLEGE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 5. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Bank loans and overdrafts: 24,000 24,000
    Trade creditors: 56 700
    Taxation and social security: 4,037 6,067
    Accruals and deferred income: 3,770 746
    Other creditors: 470 457
    Total: 32,333 31,970

NATIONWIDE INSTRUCTOR TRAINING COLLEGE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 6. Creditors: amounts falling due after more than one year


    2016
    £
    2015
    £
    Bank loans and overdrafts: 198,015 213,120
    Total: 198,015 213,120

NATIONWIDE INSTRUCTOR TRAINING COLLEGE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 7. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2