Assessment & Qualification Solutions Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 05228269

Abbreviated Unaudited Accounts

for the year ended

30 September 2016

for

Assessment & Qualification Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B Sykes

SECRETARY:

S Clay

REGISTERED OFFICE:

Suite 9

30 Bancroft

Hitchin

Hertfordshire

SG5 1LE

REGISTERED NUMBER:

05228269

ACCOUNTANTS:

Base52 Ltd

Chartered Management Accountants

Suite 9

30 Bancroft

Hitchin

Hertfordshire

SG5 1LE

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

388

579

388

579

CURRENT ASSETS

Debtors

1,352

2,322

Cash at bank

1,028

1,028

2,380

3,350

CREDITORS

Amounts falling due within one year

19,843

8,910

NET CURRENT LIABILITIES

(17,463

)

(5,560

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,075

)

(4,981

)

CAPITAL AND RESERVES

Called up share capital

4

10

10

Profit and loss account

(17,085

)

(4,991

)

SHAREHOLDERS' FUNDS

(17,075

)

(4,981

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 June 2017 and were signed by:

B Sykes - Director

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 January 2015).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Going concern

It is the director's belief that the company will trade profitably in the future. As such, these accounts have been

prepared on a going concern basis.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

784

AMORTISATION

At 1 October 2015

and 30 September 2016

784

NET BOOK VALUE

At 30 September 2016

-

At 30 September 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

5,937

DEPRECIATION

At 1 October 2015

5,358

Charge for year

191

At 30 September 2016

5,549

NET BOOK VALUE

At 30 September 2016

388

At 30 September 2015

579

4.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2016

2015

value:

£

£

10

Share capital 1

1

10

10

5.	RELATED PARTY DISCLOSURES

Mr B Sykes is the sole director and shareholder of Assessment & Qualification Solutions Ltd.

During the accounting period, he made various payments on behalf of the company.

As at the balance sheet date he was owed £10,733 (2015 - £957).