Abbreviated Company Accounts - ADVANCED TRAINING & RECRUITMENT LIMITED

ADVANCED TRAINING & RECRUITMENT LIMITED Registered Number 06873063

Abbreviated Balance Sheet as at 30 April 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	59,717	22,140
		59,717	22,140
Current assets
Debtors	3	776,499	674,950
Cash at bank and in hand		25,573	19,956
		802,072	694,906
Creditors: amounts falling due within one year	4	(799,402)	(683,794)
Net current assets (liabilities)		2,670	11,112
Total assets less current liabilities		62,387	33,252
Creditors: amounts falling due after more than one year	4	(15,333)	(14,802)
Provisions for liabilities		(7,376)	(4,428)
Total net assets (liabilities)		39,678	14,022
Capital and reserves
Called up share capital	5	60	60
Other reserves		40	40
Profit and loss account		39,578	13,922
Shareholders' funds		39,678	14,022

For the year ending 30 April 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 8 January 2014

And signed on their behalf by:
Barry Davies, Director

ADVANCED TRAINING & RECRUITMENT LIMITED Registered Number 06873063

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

Turnover policy
Turnover represents the total invoice value, excluding Value Added Tax, of sales made during the year and derives from the provision of services falling within the Company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over it's expected useful life, as follows:

Fixtures, Fittings and Equipment - 15% straight line Office Equipment, 33% straight Line Computer Equipment.

Motor Vehicles - 33% Straight line.

Other accounting policies
Leasing and Hire Purchase Commitments:

Assets obtained under Hire Purchase Contracts and Finance Leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.

2Tangible fixed assets

	£
Cost
At 1 May 2012	36,921
Additions	47,053
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2013	83,974
Depreciation
At 1 May 2012	14,781
Charge for the year	9,476
On disposals	-
At 30 April 2013	24,257
Net book values
At 30 April 2013	59,717
At 30 April 2012	22,140

Included above are assets held under Finance Leases or Hire Purchase contracts as follows:

Motor Vehicles:

Net Book Value - £26,320.00

Depreciation Charge for year - £1,532.00

3Debtors

Within Debtors, Trade Debtors amount to £593,614 (£471,826 - 2012) which are subject to a Factoring Facility.

4Creditors

	2013 £	2012 £
Instalment debts due after 5 years	10,860	-

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

	2013 £	2012 £
60 Ordinary shares of £1 each	60	60

6Transactions with directors

Name of director receiving advance or credit:	Barry Davies
Description of the transaction:	Interest Free Loan
Balance at 1 May 2012:	£ 84,904
Advances or credits made:	£ 76,532
Advances or credits repaid:	£ 75,017
Balance at 30 April 2013:	£ 86,419