REGISTERED NUMBER: 04520352 (England and Wales)

ACADEMIC ASIA (INTERNATIONAL) LTD.

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs H G Webber

M R Webber

SECRETARY:

Mrs H G Webber

REGISTERED OFFICE:

150 Percy Avenue

Broadstairs

Kent

CT10 3LE

REGISTERED NUMBER:

04520352 (England and Wales)

ACCOUNTANTS:

Cleverdons

Chartered Accountants & Business Advisors

7 The Broadway

Broadstairs

Kent

CT10 2AD

FIXED ASSETS

Tangible assets

2

1,375

1,618

CURRENT ASSETS

Debtors

5,509

16,747

Cash at bank and in hand

72,773

33,028

78,282

49,775

CREDITORS

Amounts falling due within one year

63,612

21,746

NET CURRENT ASSETS

14,670

28,029

TOTAL ASSETS LESS CURRENT LIABILITIES

16,045

29,647

CAPITAL AND RESERVES

Called up share capital

3

3,000

3,000

Profit and loss account

13,045

26,647

SHAREHOLDERS' FUNDS

16,045

29,647

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 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 6 February 2017 and were signed on its behalf by:

M R Webber - 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 January 2015).

Turnover

Turnover is recognised when the company fulfils its contractual obligations to its clients by supplying services,

excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

3,639

DEPRECIATION

At 1 September 2015

2,021

Charge for year

243

At 31 August 2016

2,264

NET BOOK VALUE

At 31 August 2016

1,375

At 31 August 2015

1,618

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2,000

Ordinary A

£1

2,000

2,000

10,000

Ordinary B

10p

1,000

1,000

3,000

3,000

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2016 and

31 August 2015:

2016

2015

£

£

M R Webber

Balance outstanding at start of year

4,994

(53

)

Amounts advanced

51,342

6,000

Amounts repaid

(55,402

)

(953

)

Balance outstanding at end of year

934

4,994

As at 31 August 2016 M Webber owed the company £934, (2015, £4,994).