Abbreviated Company Accounts - COMPACT EDUCATION BUSINESS SERVICES

COMPACT EDUCATION BUSINESS SERVICES - Company Information

Registered Number 03469255

COMPACT EDUCATION BUSINESS SERVICES

Abbreviated Accounts

31 August 2016

COMPACT EDUCATION BUSINESS SERVICES Registered Number 03469255

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	3,256	4,774
		3,256	4,774
Current assets
Debtors		-	500
Cash at bank and in hand		219,561	218,739
		219,561	219,239
Creditors: amounts falling due within one year		(7,469)	(7,005)
Net current assets (liabilities)		212,092	212,234
Total assets less current liabilities		215,348	217,008
Total net assets (liabilities)		215,348	217,008
Reserves
Other reserves		112,459	112,459
Income and expenditure account		102,889	104,549
Members' funds		215,348	217,008

For the year ending 31 August 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 Board on 31 January 2017

And signed on their behalf by:
A Czolacz, Director

COMPACT EDUCATION BUSINESS SERVICES Registered Number 03469255

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible Fixed Assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment: 40% reducing balance

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 September 2015	156,710
Additions	419
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	157,129
Depreciation
At 1 September 2015	151,936
Charge for the year	1,937
On disposals	-
At 31 August 2016	153,873
Net book values
At 31 August 2016	3,256
At 31 August 2015	4,774