Abbreviated Company Accounts - COMPACT EDUCATION BUSINESS SERVICES

COMPACT EDUCATION BUSINESS SERVICES - Company Information

Registered Number 03469255

COMPACT EDUCATION BUSINESS SERVICES

Abbreviated Accounts

31 August 2014

COMPACT EDUCATION BUSINESS SERVICES Registered Number 03469255

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	7,162	3,899
		7,162	3,899
Current assets
Debtors		-	2,252
Cash at bank and in hand		200,680	208,513
		200,680	210,765
Creditors: amounts falling due within one year		(6,273)	(7,211)
Net current assets (liabilities)		194,407	203,554
Total assets less current liabilities		201,569	207,453
Total net assets (liabilities)		201,569	207,453
Reserves
Other reserves		112,459	112,459
Income and expenditure account		89,110	94,994
Members' funds		201,569	207,453

For the year ending 31 August 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 8 December 2014

And signed on their behalf by:
A Czolacz, Director

COMPACT EDUCATION BUSINESS SERVICES Registered Number 03469255

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment: 40% reducing balance

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 September 2013	150,104
Additions	5,976
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	156,080
Depreciation
At 1 September 2013	146,205
Charge for the year	2,713
On disposals	-
At 31 August 2014	148,918
Net book values
At 31 August 2014	7,162
At 31 August 2013	3,899