Abbreviated Company Accounts - MEADOWCROFT RESIDENTIAL SCHOOLS LIMITED

MEADOWCROFT RESIDENTIAL SCHOOLS LIMITED - Company Information

06050798 MEADOWCROFT RESIDENTIAL SCHOOLS LIMITED 2013-10-15 false 2013-01-01 2013-10-15 true 06050798 2013-01-01 2013-10-15 06050798 2013-10-15 06050798 2012-12-31 06050798 uk-gaap-cd-bus:Director1 2013-01-01 2013-10-15 06050798 uk-gaap-cd-bus:Director2 2013-01-01 2013-10-15 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-10-15 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-15 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 06050798

MEADOWCROFT RESIDENTIAL SCHOOLS LIMITED

Abbreviated Accounts

15 October 2013

MEADOWCROFT RESIDENTIAL SCHOOLS LIMITED Registered Number 06050798

Abbreviated Balance Sheet as at 15 October 2013

	Notes	15/10/2013	31/12/2012
		£	£
Fixed assets
Tangible assets	2	29,346	34,566
		29,346	34,566
Current assets
Debtors		777,188	148,431
Cash at bank and in hand		206,506	286,478
		983,694	434,909
Creditors: amounts falling due within one year		(537,289)	(451,171)
Net current assets (liabilities)		446,405	(16,262)
Total assets less current liabilities		475,751	18,304
Creditors: amounts falling due after more than one year		-	(7,820)
Total net assets (liabilities)		475,751	10,484
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		475,651	10,384
Shareholders' funds		475,751	10,484

For the year ending 15 October 2013 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:
Jean-Luc Janet, Director

MEADOWCROFT RESIDENTIAL SCHOOLS LIMITED Registered Number 06050798

Notes to the Abbreviated Accounts for the period ended 15 October 2013

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.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are

Leasehold improvements Over the period of the lease
Motor vehicles 25% on cost
Equipment, fixtures and fittings 15% on cost

Other accounting policies
Hire purchase and lease transactions

Assets acquired under hire purchase agreements and finance leases are capitalised in the balance sheet and are depreciated in accordance with the company's normal policy. The outstanding liabilities under such agreements less interest not yet due are included in creditors. Interest in such agreements is charged to the profit and loss account over the term of each agreement and represents a constant proportion of the balance of capital repayments outstanding.

Pension costs

Employer's contributions to personal employee pension schemes are charged against profits.

2Tangible fixed assets

	£
Cost
At 1 January 2013	75,299
Additions	7,836
Disposals	-
Revaluations	-
Transfers	-
At 15 October 2013	83,135
Depreciation
At 1 January 2013	40,733
Charge for the year	13,056
On disposals	-
At 15 October 2013	53,789
Net book values
At 15 October 2013	29,346
At 31 December 2012	34,566

3Called Up Share Capital
Allotted, called up and fully paid:

	15/10/2013 £	31/12/2012 £
100 Ordinary shares of £1 each	100	100