Love 2 Learn (Medway) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06733468 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 October 2016

for

Love 2 Learn (Medway) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs A C Vaney

A A Foster

REGISTERED OFFICE:

40 Cowper Road

Dover

Kent

CT17 0PH

REGISTERED NUMBER:

06733468 (England and Wales)

ACCOUNTANTS:

Beverton & Co.

Chartered Accountants

Maybrook House

York Street

Dover

Kent

CT17 9AH

FIXED ASSETS

Tangible assets

2

598

798

CURRENT ASSETS

Debtors

27,112

8,817

Cash at bank

88,663

75,006

115,775

83,823

CREDITORS

Amounts falling due within one year

95,657

70,763

NET CURRENT ASSETS

20,118

13,060

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,716

13,858

CAPITAL AND RESERVES

Called up share capital

3

200

Profit and loss account

20,516

13,658

SHAREHOLDERS' FUNDS

20,716

13,858

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors on 26 July 2017 and were signed on its behalf by:

Mrs A C Vaney - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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 etc

-

25% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

4,340

DEPRECIATION

At 1 November 2015

3,542

Charge for year

200

At 31 October 2016

3,742

NET BOOK VALUE

At 31 October 2016

598

At 31 October 2015

798

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/16

31/10/15

value:

£

200

ordinary

1

200