Impact Teachers Limited - Limited company - abbreviated - 11.6
Impact Teachers Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| FOR |
| IMPACT TEACHERS LIMITED |
| IMPACT TEACHERS LIMITED (REGISTERED NUMBER: 05624051) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 March 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| IMPACT TEACHERS LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 March 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Accountants |
| IMPACT TEACHERS LIMITED (REGISTERED NUMBER: 05624051) |
| ABBREVIATED BALANCE SHEET |
| 31 March 2014 |
| 31.3.14 | 31.3.13 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on |
| IMPACT TEACHERS LIMITED (REGISTERED NUMBER: 05624051) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 March 2014 |
| 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 April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Short leasehold | - |
| Improvements to property | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| Additions |
| At 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| Charge for year |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| IMPACT TEACHERS LIMITED (REGISTERED NUMBER: 05624051) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 March 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.14 | 31.3.13 |
| value: | £ | £ |
| Ordinary | £1 |
| Ordinary A | £1 |
| 1,700 | 1,700 |
| Allotted and issued: |
| Number: | Class: | Nominal | 31.3.14 | 31.3.13 |
| value: | £ | £ |
| NIL | Ordinary B shares | £1 |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 March 2014 and |
| 31 March 2013: |
| 31.3.14 | 31.3.13 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| Balance outstanding at start of year |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |
| The Directors' loans were repaid on 17 September,2013. |
| 5. | RELATED PARTY DISCLOSURES |
| During the year the company made a donation of £25,000 to Impact Charities Ltd, a Charity registered in United |
| Kingdom. Mr Ron Rosati is also one of the Trustees of Impact Charities Ltd. |
| The company' s premises are leased at arms length at an annual rental of £31,500 from Impact Teachers |
| pension scheme,in which the directors are members and trustrees of the scheme. |