REGISTERED NUMBER: 05537813

ACADEMY OF CREATIVE TRAINING LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30TH APRIL 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

D J L Finlay

Ms J M Eddisford

SECRETARY:

D J L Finlay

REGISTERED OFFICE:

8 The Drive

Hove

East Sussex

BN3 3JT

REGISTERED NUMBER:

05537813

ACCOUNTANTS:

Clark Brownscombe Limited

8 The Drive

Hove

East Sussex

BN3 3JT

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

1,565

1,532

1,565

1,532

CURRENT ASSETS

Debtors

21,230

18,930

Cash at bank

12,180

11,156

33,410

30,086

CREDITORS

Amounts falling due within one year

18,618

37,325

NET CURRENT ASSETS/(LIABILITIES)

14,792

(7,239

)

TOTAL ASSETS LESS CURRENT LIABILITIES

16,357

(5,707

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

16,355

(5,709

)

SHAREHOLDERS' FUNDS

16,357

(5,707

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29th January 2015 and were signed on its behalf by:

Ms J M Eddisford - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business, is being amortised evenly

over its estimated useful life of five years.

Tangible fixed assets

Plant and Machinery 25% on a reducing basis.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st May 2013

and 30th April 2014

9,000

AMORTISATION

At 1st May 2013

and 30th April 2014

9,000

NET BOOK VALUE

At 30th April 2014

-

At 30th April 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st May 2013

11,356

Additions

417

Disposals

(8

)

At 30th April 2014

11,765

DEPRECIATION

At 1st May 2013

9,824

Charge for year

384

Eliminated on disposal

(8

)

At 30th April 2014

10,200

NET BOOK VALUE

At 30th April 2014

1,565

At 30th April 2013

1,532

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Academy of Creative Training Limited for the year ended 30th April 2014 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Academy of Creative Training Limited, as a body, in accordance

with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial

statements of Academy of Creative Training Limited and state those matters that we have agreed to state to the Board of

Directors of Academy of Creative Training Limited, as a body, in this report in accordance with AAF 2/10 as detailed at

icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone

other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Academy of Creative Training Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of

Academy of Creative Training Limited. You consider that Academy of Creative Training Limited is exempt from the

statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Academy of Creative

Training Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the statutory

financial statements.

Clark Brownscombe Limited

8 The Drive

Hove

East Sussex

BN3 3JT

29th January 2015