Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
true7697227HIGH PEAK FIRST AID TRAINING LIMITED2016-03-3129363915433639156758106201490153533829610623-3864-3991472-76472-856truetruetruetrue2016-08-09N.PICKERING471-857-2203January 2015Intangible AssetsWebsite expenditure is normally written off in the year of expenditure, however a proportion of the expenditure incurred has been capitalised when the site was completed and is being amortised over three years using the straight line method of amortisation as in the opinion of the director this represents the useful economic life of the site in its current format and its ability to generate income..StocksStocks of first aid supplies are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.TurnoverTurnover represents the invoiced value of goods and services supplied by the company, net of value added tax .Income is taken as earned upon the booking on a training course being confirmed, this includes courses booked but not held until after the year end dateLeasing CommitmentsRentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the term of the lease.Assets held under finance leases, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and are depreciated over their useful lives The capital element of future obligations under the lease is included as a liability in the balance sheet The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.The company has a commitment under a contract rental agreement which had just under a year to run. The monthly net rental is £217 and this relates to a vehicle.Incentives received to enter into a lease agreement are recognised in the profit and loss account over the shorter of the lease term and the period to the next lease review.Fixtures And Fittingsreducing balance0.25N.PICKERING1 ORD.11 ORD.1Ordinary shares1111Ordinary shares111167589130472-856114595924647456744203301610241216014614780833483340053984419979-0391529368334008334441997905398At the year end the director owed the company £4986(2015 £7358). This was a short term loan repayable on demand and interest free.The maximum amount outstanding during the year was £13767.The loan at 31st March 2015 was repaid in October 2015.The loan outstanding at the year end date was made in July 2015 and will be repaid by 31st December 2016.Controlling PartyN.Pickering owns all of the issued share capital. The director received the whole of the dividends paid during both years.210070070021001400xbrli:sharesiso4217:GBPxbrli:purehttp://www.companieshouse.gov.uk/2014-04-012015-03-31http://www.companieshouse.gov.uk/2015-04-012016-03-31http://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/2016-03-31http://www.companieshouse.gov.uk/2014-03-31http://www.companieshouse.gov.uk/2015-03-31 2016-10-21
