Abbreviated Company Accounts - TOUCHSTONE EDUCATIONAL SOLUTIONS LTD

Abbreviated Company Accounts - TOUCHSTONE EDUCATIONAL SOLUTIONS LTD

TOUCHSTONE EDUCATIONAL SOLUTIONS LTD - Company Information

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Registered Number 06331578

TOUCHSTONE EDUCATIONAL SOLUTIONS LTD

Abbreviated Accounts

31 August 2016

TOUCHSTONE EDUCATIONAL SOLUTIONS LTD Registered Number 06331578

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 3 2,322 2,291
2,322 2,291
Current assets
Debtors 43,801 19,897
Cash at bank and in hand 270,314 17,193
314,115 37,090
Creditors: amounts falling due within one year (258,652) (10,889)
Net current assets (liabilities) 55,463 26,201
Total assets less current liabilities 57,785 28,492
Total net assets (liabilities) 57,785 28,492
Reserves
Income and expenditure account 57,785 28,492
Members' funds 57,785 28,492
  • 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 24 February 2017

And signed on their behalf by:
Dr. Yemisi Olabiran, Director
Director, Director

TOUCHSTONE EDUCATIONAL SOLUTIONS LTD Registered Number 06331578

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss accounts represents the value of services provided to clients during the year.

Tangible assets depreciation policy
Depreciation is provided on all tangible assets at rates calculated to spread their cost, less estimated residual value, evenly over their estimated useful life, using 25% reducing balancing method.

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

3Tangible fixed assets
£
Cost
At 1 September 2015 5,418
Additions 930
Disposals -
Revaluations -
Transfers -
At 31 August 2016 6,348
Depreciation
At 1 September 2015 3,127
Charge for the year 899
On disposals -
At 31 August 2016 4,026
Net book values
At 31 August 2016 2,322
At 31 August 2015 2,291