Bluestream Academy Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08021406 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016

FOR

BLUESTREAM ACADEMY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Cowlishaw

REGISTERED OFFICE:

Unit 4a Goods Wharf

Goods Road

Belper

Derbyshire

DE56 1UU

REGISTERED NUMBER:

08021406 (England and Wales)

ACCOUNTANTS:

Nicholson Tax & Accounts

Unit 4a Goods Wharf

Goods Road

Belper

Derbyshire

DE56 1UU

FIXED ASSETS

Tangible assets

2

24,615

12,120

CURRENT ASSETS

Debtors

39,871

Cash at bank and in hand

416,634

266,516

456,505

306,387

CREDITORS

Amounts falling due within one year

276,079

135,962

NET CURRENT ASSETS

180,426

170,425

TOTAL ASSETS LESS CURRENT
LIABILITIES

205,041

182,545

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

205,040

182,544

SHAREHOLDERS' FUNDS

205,041

182,545

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 31 January 2017 and were signed by:

R Cowlishaw - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents invoiced services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

19,213

Additions

25,817

At 30 April 2016

45,030

DEPRECIATION

At 1 May 2015

7,093

Charge for year

13,322

At 30 April 2016

20,415

NET BOOK VALUE

At 30 April 2016

24,615

At 30 April 2015

12,120

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1

Ordinary

£1

1