APPLESEED TRAINING LIMITED - Accounts 2014


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/03/2014

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 06535875


Registered Number: 06535875

BALANCE SHEET AT 31/03/2014

			2014		2013
	Notes		£		£

FIXED ASSETS
Tangible assets	2		362		196

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	12,037		181
Cash at bank and in hand		8,850		9,390
		20,887		9,571
CREDITORS: Amounts falling due within one year		16,770		8,982
NET CURRENT ASSETS			4,117		589
TOTAL ASSETS LESS CURRENT LIABILITIES			4,479		785


PROVISIONS FOR LIABILITIES			72		-

NET ASSETS			4,407		785

CAPITAL AND RESERVES

Called up share capital	4		100		100
Profit and loss account			4,307		685
SHAREHOLDERS' FUNDS			4,407		785

For the year ending 31/03/2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 11/12/2014 and signed on their behalf by




Jonathan Sands
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		reducing balance 25%




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2014	2013
	£	£

Amounts falling due within one year:
Trade debtors	11,962	-
Other debtors	75	181
	12,037	181




4. SHARE CAPITAL	2014	2013
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




5. TURNOVER

The turnover and pre-tax result is attributable to training.

	2014	2013
	£	£
Sales	61,939	41,951
Expenses recharged	-	768
	61,939	42,719




6. TRANSACTIONS WITH DIRECTORS
Mr Sands received £36,000 in dividends from the company during the year. Mr Sands introduced net capital of £4,490 to the company and at the year end was owed £5,927.




7. CONTROLLING PARTY
The controlling party is considered to be Mr J Sands, a director of the company, by virtue of his ownership of 100% of the issued share capital of the company.