Abbreviated Company Accounts - ACADEMY GROUP LIMITED

Abbreviated Company Accounts - ACADEMY GROUP LIMITED


Registered Number 02512321

ACADEMY GROUP LIMITED

Abbreviated Accounts

30 April 2014

ACADEMY GROUP LIMITED Registered Number 02512321

Abbreviated Balance Sheet as at 30 April 2014

Notes 2014 2013
£ £
Creditors: amounts falling due within one year 2 (7,096,003) (7,096,003)
Net current assets (liabilities) (7,096,003) (7,096,003)
Total assets less current liabilities (7,096,003) (7,096,003)
Total net assets (liabilities) (7,096,003) (7,096,003)
Capital and reserves
Called up share capital 100,000 100,000
Profit and loss account (7,196,003) (7,196,003)
Shareholders' funds (7,096,003) (7,096,003)
  • For the year ending 30 April 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 5 January 2015

And signed on their behalf by:
Ursula D'Arcy, Director

ACADEMY GROUP LIMITED Registered Number 02512321

Notes to the Abbreviated Accounts for the period ended 30 April 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.

Other accounting policies
The company has taken advantage of the exemption under FRS 8, as a wholly owned subsidiary of John Wiley & Sons Inc, not to disclose transactions with other members of the John Wiley & Sons Inc group.

2Creditors
2014
£
2013
£
Non-instalment debts due after 5 years 7,096,003 7,096,003