ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

NEWSTART TRAINING LIMITED - Company Information

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05077852 2013-04-01 false true 2014-03-312014-03-31 05077852 2013-04-01 2014-03-31 05077852 2014-03-31 05077852 2013-03-31 05077852 c:FixturesFittingsToolsEquipment 2013-04-01 2014-03-31 05077852 d:OrdinaryShareClass1 2014-03-31 05077852 d:OrdinaryShareClass1 2013-03-31 05077852 d:OrdinaryShareClass1 2013-04-01 2014-03-31 05077852 d:Director1 2013-04-01 2014-03-31 xbrli:shares iso4217:GBP

Registered number: 05077852









NEWSTART TRAINING LIMITED







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014
 
NEWSTART TRAINING LIMITED
REGISTERED NUMBER: 05077852

ABBREVIATED BALANCE SHEET
AS AT 31 MARCH 2014

2014
2013
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
70
142
 
CURRENT ASSETS





 
Debtors
3
24,457
21,647

 
Cash in hand

20
651







 
24,477
22,298
 
CREDITORS: amounts falling due within one year
(24,139)
(22,437)
 
NET CURRENT ASSETS/(LIABILITIES)


338

(139)
 
NET ASSETS
 408

 3
  
CAPITAL AND RESERVES

 
Called up share capital
4
1
1
 
Profit and loss account
407
2
 
SHAREHOLDERS' FUNDS
 

 408

 3


The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the Year in question in accordance with section 476 of the Act. 

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 March 2014 and of its profit for the Year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 3 September 2014.






Mrs C Hampton
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
NEWSTART TRAINING LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the Year, exclusive of Value Added Tax and trade discounts.

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 of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & fittings
-
25% Straight line


2.TANGIBLE FIXED ASSETS



£


Cost 



At 1 April 2013 and 31 March 2014

12,668



Depreciation


At 1 April 2013
12,526

Charge for the Year
72


At 31 March 2014

12,598




Net book value


At 31 March 2014
 70


At 31 March 2013

 142

 
3.DEBTORS
 

Included within other debtors due within one year is a loan to Mrs C Hampton, a director, amounting to £13,183 (2013 - £10,387). This has been charged at 4% interest and has no fixed repayment terms.

 
Page 2
 
NEWSTART TRAINING LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014

4.SHARE CAPITAL

        2014
        2013
        £

        £

Allotted, called up and fully paid



1 Ordinary share of £1
 1
 1

Page 3