AMW Educational Limited Accounts

AMW EDUCATIONAL LIMITED - Company Information






AMW Educational Limited
	Company No. 10956785
		Information for Filing with The Registrar
		31 May 2018

at	31 May 2018
Company No.		10956785	Notes	2018
				£






Current assets



	Cash at bank and in hand			30,774
				30,774
Creditors: Amount falling due within one year			3	(9,158)
Net current assets				21,616
Total assets less current liabilities				21,616




Net assets				21,616

Capital and reserves
	Called up share capital			1



	Profit and loss account		4	21,615

Total equity				21,616


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 31 May 2018 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 21 January 2019
And signed on its behalf by:
A.M. Ward
Director

for the period ended 31 May 2018

Accounting policies

Basis of preparation

The accounts have been prepared 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) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts where applicable. Turnover includes revenue earned from the rendering of services.

Taxation

Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the balance sheet.

2	Employees
			2018
			Number	Number
		The average number of persons employed during the period :	1	1

3	Creditors:
		amounts falling due within one year
			2018
			£






		Corporation tax	6,243

		Loans from directors	2,295

		Accruals and deferred income	620
			9,158

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Related party disclosures

Controlling party

Immediate controlling party

A M Ward

Additional information

Its registered number is:

10956785

Its registered office is:

113 Goodhart Way

West Wickham

Kent

BR4 0EU