Overseas Student Service Centre Ltd - Abbreviated accounts 16.3
Overseas Student Service Centre Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 August 2016 |
| for |
| Overseas Student Service Centre Ltd |
| Overseas Student Service Centre Ltd (Registered number: 06674369) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 August 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Overseas Student Service Centre Ltd |
| Company Information |
| for the Year Ended 31 August 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Overseas Student Service Centre Ltd (Registered number: 06674369) |
| Abbreviated Balance Sheet |
| 31 August 2016 |
| 31.8.16 | 31.8.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Profit and loss account | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The director acknowledges his 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 director on |
| Overseas Student Service Centre Ltd (Registered number: 06674369) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 August 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| On the basis of long term financial support from its shareholders, the company will continue in operational |
| existence in the foreseeable future. For this reason, the director continues to adopt going concern basis to |
| preparing financial statements. |
| 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). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Overseas Student Service Centre Ltd as an individual |
| company and do not contain consolidated financial information as the parent of a group. The company has taken |
| the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
| the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2015 |
| Additions |
| At 31 August 2016 |
| AMORTISATION |
| Amortisation for year |
| Reclassification/transfer |
| At 31 August 2016 |
| NET BOOK VALUE |
| At 31 August 2016 |
| At 31 August 2015 |
| Overseas Student Service Centre Ltd (Registered number: 06674369) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 August 2016 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2015 |
| Additions |
| At 31 August 2016 |
| DEPRECIATION |
| At 1 September 2015 |
| Charge for year |
| At 31 August 2016 |
| NET BOOK VALUE |
| At 31 August 2016 |
| At 31 August 2015 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 September 2015 |
| and 31 August 2016 | 1,000 |
| PROVISIONS |
| Reclassification | 1,000 |
| At 31 August 2016 | 1,000 |
| NET BOOK VALUE |
| At 31 August 2016 |
| At 31 August 2015 |
| 5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.16 | 31.8.15 |
| value: | £ | £ |
| Ordinary | £1 |
| Overseas Student Service Centre Ltd (Registered number: 06674369) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 August 2016 |
| 7. | RELATED PARTY DISCLOSURES |
| Shareholder of the company |
| Mrs Jun Wang is the shareholder with fifty percents share of the company. |
| 31.8.16 | 31.8.15 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| InterGreat Education Group Ltd. (formerly named UKUNI Edtech Ltd.) |
| Company under common control |
| 31.8.16 | 31.8.15 |
| £ | £ |
| Amount due from related party at the balance sheet date |
| London Private Office Partners Ltd |
| Company under common control |
| 31.8.16 | 31.8.15 |
| £ | £ |
| Amount due from related party at the balance sheet date |
| International Student Foundation Limited |
| Company under common control |
| 31.8.16 | 31.8.15 |
| £ | £ |
| Amount due from related party at the balance sheet date |
| Post Study Ltd |
| Company under common control |
| 31.8.16 | 31.8.15 |
| £ | £ |
| Amount due to related party at the balance sheet date |