Katy Sexton Swim Academy Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07306175 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

KATY SEXTON SWIM ACADEMY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Ms K Sexton

D Brown

REGISTERED OFFICE:

Newtown House

38 Newtown Road

Liphook

Hampshire

GU30 7DX

REGISTERED NUMBER:

07306175 (England and Wales)

ACCOUNTANTS:

Traviss & Co

Chartered Accountants

Newtown House

38 Newtown Road

Liphook

Hampshire

GU30 7DX

FIXED ASSETS

Tangible assets

2

144

284

CURRENT ASSETS

Debtors

460

580

Cash at bank

24,852

40,154

25,312

40,734

CREDITORS

Amounts falling due within one year

8,498

7,450

NET CURRENT ASSETS

16,814

33,284

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,958

33,568

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

16,956

33,566

SHAREHOLDERS' FUNDS

16,958

33,568

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 10 February 2017 and were signed on its behalf
by:

Ms K Sexton - Director

D Brown - 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 charges for lessons provided in the period, excluding value added tax. Amounts paid in

advance for the next financial year have been carried forward as prepaid income.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

424

DEPRECIATION

At 1 August 2015

140

Charge for year

140

At 31 July 2016

280

NET BOOK VALUE

At 31 July 2016

144

At 31 July 2015

284

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary A

£1

2