Accounts filed on


033948472015-07-012016-06-30falsetruehttp://www.companieshouse.gov.uk/2015-06-30http://www.companieshouse.gov.uk/cd:Director12015-07-012016-06-30http://www.companieshouse.gov.uk/pt:LandBuildings2015-07-012016-06-30http://www.companieshouse.gov.uk/pt:FixturesFittings2015-06-30http://www.companieshouse.gov.uk/pt:FixturesFittings2016-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-07-012016-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2016-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-06-30http://www.companieshouse.gov.uk/pt:FixturesFittings2015-07-012016-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-07-012016-06-30http://www.companieshouse.gov.uk/2014-07-012015-06-30http://www.companieshouse.gov.uk/2015-07-012016-06-30http://www.companieshouse.gov.uk/2015-06-30http://www.companieshouse.gov.uk/2016-06-30http://www.companieshouse.gov.uk/pt:LandBuildings2015-06-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-07-012016-06-30http://www.companieshouse.gov.uk/pt:LandBuildings2016-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03394847

Compass Training Ltd

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/06/2016

Prepared By:
Gilstone Corbett Accountancy
Gilstone Cottage
3 Bethel Place
Buckland Dinham, Frome
Somerset
BA11 2QL

Compass Training Ltd

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/06/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 03394847

Compass Training Ltd

Registered Number: 03394847
BALANCE SHEET AT 30/06/2016
20162015
Notes££
FIXED ASSETS
Tangible assets2333,998334,703
CURRENT ASSETS
Debtors (amounts falling due within one year)-(1)
-(1)
CREDITORS: Amounts falling due within one year66,60959,592
NET CURRENT LIABILITIES(66,609)(59,593)
TOTAL ASSETS LESS CURRENT LIABILITIES267,389275,110
CAPITAL AND RESERVES
Called up share capital322
Profit and loss account267,387275,108
SHAREHOLDERS' FUNDS267,389275,110
For the year ending 30/06/2016 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 13/03/2017 and signed on their behalf by
Peter J Mackie
Director

Compass Training Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 15%
1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Compass Training Ltd

2. TANGIBLE FIXED ASSETS
Land AndFixtures
Buildingsand FittingsEquipmentTotal
££££
Cost
At 01/07/2015330,00010,5879,272349,859
At 30/06/2016330,00010,5879,272349,859
Depreciation
At 01/07/2015-8,1696,98715,156
For the year-363342705
At 30/06/2016-8,5327,32915,861
Net Book Amounts
At 30/06/2016330,0002,0551,943333,998
At 30/06/2015330,0002,4182,285334,703
3. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
2 Ordinary of £1 each22
22