ISYLLABUS SCHOLARSHIPS LIMITED - Filleted accounts

ISYLLABUS SCHOLARSHIPS LIMITED - Company Information

ISYLLABUS SCHOLARSHIPS LIMITED
Registered number:	SC402854
Balance Sheet
as at 31 March 2018


Notes		2018			2017
£			£
Current assets
Debtors	185			-
Cash at bank and in hand	13,779			8,771
		13,964		8,771	8,771


Total assets less current liabilities		13,964			8,771


Funds
Unrestricted income funds		13,964			8,771

Total funds		13,964			8,771

The directors are satisfied that the organization is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The trustees acknowledge their responsibilities for: (i) ensuring that the charity keeps adequate accounting records which comply with section 386 of the Act, and (ii) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the charity.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Ammad Mahmood
Director
Approved by the board on 15 July 2018

ISYLLABUS SCHOLARSHIPS LIMITED
Notes to the Accounts
for the year ended 31 March 2018


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
	Basis of accounting for OSCR

	The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, the Statement of 'Recommended Practice "Accounting and Reporting by Charities" issued in March 2005 (SORP 2005) and the Companies Act 2006.
	Cash flow statement
	The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial stat ments on the grounds that the charity is small.
	Fixed assets
	The organization has no fixed assets; if acquired in the future all fixed assets will be initially recorded at cost.

2	VOLUNTARY INCOME
			Unrestricted	Total Funds	Total Funds
			Funds	2018	2017
			£	£	£
	Donations		9,327	9,327	4,197


3	OTHER RESOURCES EXPENDED
			Unrestricted	Total Funds	Total Funds
			Funds	2018	2017
			£	£	£

	Companies House		900	900	-
	Course fees		3,127	3,127	7,630
	Bank charges		107	107	62
	Advertisement		-	-	71
			4,134	4,134	7,763

4	STAFF COSTS AND EMOLUMENTS
	No salaries or wages have been paid to employees, including the members of the committee,
	during the year.

5	UNRESTRICTED INCOME FUNDS	Balance at	Incoming	Outgoing	Balance
		1st April 2017	resources	resources	as at 31 March 2018
		£	£	£	£

	General Funds	8,771	9,327	4,134	13,964