Abbreviated Company Accounts - MONKS TRAINING SERVICES LIMITED

MONKS TRAINING SERVICES LIMITED - Company Information

07246064 MONKS TRAINING SERVICES LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 07246064 2013-06-01 2014-05-31 07246064 2014-05-31 07246064 2013-05-31 07246064 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 07246064 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 07246064

MONKS TRAINING SERVICES LIMITED

Abbreviated Accounts

31 May 2014

MONKS TRAINING SERVICES LIMITED Registered Number 07246064

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	4,125	8,251
Tangible assets	3	8,765	8,331
		12,890	16,582
Current assets
Stocks		14,140	-
Debtors		30,730	21,588
Cash at bank and in hand		16,113	12,238
		60,983	33,826
Creditors: amounts falling due within one year	4	(30,091)	(20,761)
Net current assets (liabilities)		30,892	13,065
Total assets less current liabilities		43,782	29,647
Creditors: amounts falling due after more than one year	4	(32,260)	(20,887)
Provisions for liabilities		(1,724)	(1,630)
Total net assets (liabilities)		9,798	7,130
Capital and reserves
Called up share capital	5	1	1
Profit and loss account		9,797	7,129
Shareholders' funds		9,798	7,130

For the year ending 31 May 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 12 December 2014

And signed on their behalf by:
C Monks, Director

MONKS TRAINING SERVICES LIMITED Registered Number 07246064

Notes to the Abbreviated Accounts for the period ended 31 May 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.

Turnover policy
Turnover represents the invoiced value of services supplied by the company, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant, fixtures and equipment - 33% on reducing balance

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

2Intangible fixed assets

	£
Cost
At 1 June 2013	20,629
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	20,629
Amortisation
At 1 June 2013	12,378
Charge for the year	4,126
On disposals	-
At 31 May 2014	16,504
Net book values
At 31 May 2014	4,125
At 31 May 2013	8,251

3Tangible fixed assets

	£
Cost
At 1 June 2013	14,565
Additions	3,768
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	18,333
Depreciation
At 1 June 2013	6,234
Charge for the year	3,334
On disposals	-
At 31 May 2014	9,568
Net book values
At 31 May 2014	8,765
At 31 May 2013	8,331

4Creditors

	2014 £	2013 £
Secured Debts	8,722	-

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1