PETER_COOK_ACADEMIC_ADVIS - Accounts

PETER COOK ACADEMIC ADVISOR LIMITED - Company Information

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Company Registration No. 6659438 (England and Wales)

PETER COOK ACADEMIC ADVISOR LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2016

PETER COOK ACADEMIC ADVISOR LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

PETER COOK ACADEMIC ADVISOR LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

428

571

Current assets

Debtors

14,034

9,905

Cash at bank and in hand

4,760

2,646

18,794

12,551

Creditors: amounts falling due within one year

(18,893)

(12,478)

Net current liabilities/(assets)

(99)

Total assets less current liabilities

329

644

Provisions for liabilities

(86)

(114)

243

530

Capital and reserves

Called up share capital

Profit and loss account

241

528

Shareholders' funds

243

530

For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 26 April 2017

Sir Peter Cook

Director

Company Registration No. 6659438

PETER COOK ACADEMIC ADVISOR LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

Turnover represents amounts receivable for services.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets 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

25% Reducing balance

1.4

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 August 2015 & at 31 July 2016

3,127

Depreciation

At 1 August 2015

2,556

Charge for the year

143

At 31 July 2016

2,699

Net book value

At 31 July 2016

428

At 31 July 2015

571

Share capital

2016

2015

Allotted, called up and fully paid

2 Ordinary shares of £1 each

PETER COOK ACADEMIC ADVISOR LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2016

- 3 -

Related party relationships and transactions

Advances and credits to directors

Advances and credits granted to the directors during the year are outlined in the table below:

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Sir Peter Cook - Loan account

7,945

23,745

351

21,000

11,041

7,945

23,745

351

21,000

11,041