Boost Learning Ltd - Period Ending 2015-12-31

Registration number: 03634702

Boost Learning Ltd

Unaudited Abbreviated Accounts

Year Ended 31 December 2015
 

Boost Learning Ltd
Contents
Year Ended 31 December 2015

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Boost Learning Ltd
(Registration number: 03634702)
Abbreviated Balance Sheet at 31 December 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets		2			551			699
Current assets
Debtors					50			4,967
Cash at bank and in hand					45,321			43,514
					45,371			48,481
Creditors: Amounts falling due within one year					(8,889)			(8,440)
Net current assets					36,482			40,041
Net assets					37,033			40,740
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					37,031			40,738
Shareholders' funds					37,033			40,740

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31 December 2015 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 director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved by the director on 21 September 2016

.........................................
Ms Kathleen Ann Mary Mahoney
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Boost Learning Ltd
Notes to the Abbreviated Accounts
Year Ended 31 December 2015

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Fees derived from consultancy services are recognised in the period in which the services are provided.

Depreciation

Depreciation is provided on all tangible fixed assets at the following annual rates in order to write off the cost less estimated residual value of each asset over its expected useful life:

Asset class	Depreciation method and rate
Office furniture and equipment	20% straight line
Computers	25% straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

End of note

Page 2

Boost Learning Ltd
Notes to the Abbreviated Accounts
Year Ended 31 December 2015

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2015		32,784			32,784
Additions		520			520
At 31 December 2015		33,304			33,304
Depreciation
At 1 January 2015		32,085			32,085
Charge for the year		668			668
At 31 December 2015		32,753			32,753
Net book value
At 31 December 2015		551			551
At 31 December 2014		699			699

End of note

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

End of note

Page 3