SIM Training Services Ltd - Period Ending 2016-05-31

Registration number: 06902801

SIM Training Services Ltd

Unaudited Abbreviated Accounts
 
for the Year Ended 31 May 2016

WatkinsonBlack
1st Floor
264 Manchester Rd
Warrington
Cheshire
WA1 3RB

SIM Training Services Ltd

Contents

Abbreviated Balance Sheet	1
Notes to the Abbreviated Accounts	2

SIM Training Services Ltd

(Registration number: 06902801)
Abbreviated Balance Sheet as at 31 May 2016

	Note	2016  £	2015  £
Fixed assets
Tangible assets	2	1,345	1,793
Current assets
Debtors		5,183	5,073
Cash at bank and in hand		1,940	2,522
		7,123	7,595
Prepayments and accrued income		-	300
Creditors: Amounts falling due within one year		(4,912)	(3,809)
Net current assets		2,211	4,086
Total assets less current liabilities		3,556	5,879
Creditors: Amounts falling due after more than one year		(1,948)	(4,267)
Accruals and deferred income		(1,600)	(1,600)
Net assets		8	12
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		6	10
Shareholders funds		8	12

For the year ending 31 May 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.

Approved by the director on 1 December 2016

.........................................
Mrs Susan Marie Bernadette Massey
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

SIM Training Services Ltd

Notes to the Abbreviated Accounts

1

Accounting policies

Basis of preparation

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).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery etc	25% on reducing balance

2

Fixed assets

	Tangible assets £	Total £
Cost
At 1 June 2015	6,001	6,001
At 31 May 2016	6,001	6,001
Depreciation
At 1 June 2015	4,208	4,208
Charge for the year	448	448
At 31 May 2016	4,656	4,656
Net book value
At 31 May 2016	1,345	1,345
At 31 May 2015	1,793	1,793

3

Share capital

Allotted, called up and fully paid shares

	2016		2015
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

Page 2