Learning Talking Limited - Accounts to registrar (filleted) - small 17.3

Learning Talking Limited - Accounts to registrar (filleted) - small 17.3

LEARNING TALKING LIMITED - Company Information

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REGISTERED NUMBER: 08153772 (England and Wales)














Unaudited Financial Statements

for the year ended

31st July 2017

for

Learning Talking Limited
Learning Talking Limited (Registered number: 08153772)






Contents of the Financial Statements
for the year ended 31st July 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Learning Talking Limited

Company Information
for the year ended 31st July 2017







DIRECTOR: Mrs. C V M Rose





SECRETARY: Mr. D A Wakeling





REGISTERED OFFICE: 12b Sun Street
Waltham Abbey
Essex
EN9 1EE





REGISTERED NUMBER: 08153772 (England and Wales)





ACCOUNTANTS: Apple Accounting Services Ltd
Chartered Management Accountants
12b Sun Street
Waltham Abbey
Essex
EN9 1EE
Page 1
Learning Talking Limited (Registered number: 08153772)

Balance Sheet
31st July 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,758 3,719

CURRENT ASSETS
Debtors 5 10,081 4,870
Cash at bank 69,449 50,032
79,530 54,902
CREDITORS
Amounts falling due within one year 6 22,127 11,962
NET CURRENT ASSETS 57,403 42,940
TOTAL ASSETS LESS CURRENT
LIABILITIES
59,161
46,659

PROVISIONS FOR LIABILITIES 334 744
NET ASSETS 58,827 45,915

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 58,826 45,914
SHAREHOLDERS' FUNDS 58,827 45,915

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 6th December 2017 and were signed by:




Mrs. C V M Rose - Director


The notes form part of these financial statements

Page 2
Learning Talking Limited (Registered number: 08153772)

Notes to the Financial Statements
for the year ended 31st July 2017

1. STATUTORY INFORMATION

Learning Talking Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

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 - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 .

Page 3 continued...
Learning Talking Limited (Registered number: 08153772)

Notes to the Financial Statements - continued
for the year ended 31st July 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st August 2016
and 31st July 2017 6,784
DEPRECIATION
At 1st August 2016 3,065
Charge for year 1,961
At 31st July 2017 5,026
NET BOOK VALUE
At 31st July 2017 1,758
At 31st July 2016 3,719

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 9,990 4,060
Other debtors 91 810
10,081 4,870

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 100 96
Taxation and social security 17,053 9,878
Other creditors 4,974 1,988
22,127 11,962

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs. C V M Rose.

Page 4