LIFELONG_LEARNING_(LONDON - Accounts
LIFELONG_LEARNING_(LONDON - Accounts
Company Registration No. 04898286 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(35,578 )
(22,495 )
Net current liabilities
(32,126 )
(17,280 )
Total assets less current liabilities
(30,704 )
(15,764 )
Capital and reserves
Called up share capital
3
Profit and loss account
(30,804 )
(15,864 )
Shareholders' funds
(30,704 )
(15,764 )
Director's responsibilities:
-
-
Approved by the Board for issue on 26 July 2017
Director
Company Registration No. 04898286
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Fixtures, fittings & equipment
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2015
8,632
Additions
1,210
At 30 September 2016
9,842
Depreciation
At 1 October 2015
7,116
Charge for the year
1,304
At 30 September 2016
8,420
Net book value
At 30 September 2016
1,422
At 30 September 2015
1,516
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 3 -
4
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
£
£
£
£
£
-
(733)
3,200
-
5,500
(3,033)
(733)
3,200
-
5,500
(3,033)