| ABC English Ltd |
| Registered number: |
06588401 |
| Abbreviated Balance Sheet |
| as at 31 May 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
7,919 |
|
|
8,258 |
|
| Current assets |
| Stocks |
|
|
560 |
|
|
420 |
| Debtors |
|
|
24,000 |
|
|
27,230 |
| Cash at bank and in hand |
|
|
9,189 |
|
|
3,612 |
|
|
|
33,749 |
|
|
31,262 |
|
| Creditors: amounts falling due within one year |
|
|
(49,795) |
|
|
(42,336) |
|
| Net current liabilities |
|
|
|
(16,046) |
|
|
(11,074) |
|
| Total assets less current liabilities |
|
|
|
(8,127) |
|
|
(2,816) |
|
|
| Provisions for liabilities |
|
|
|
(384) |
|
|
(399) |
|
|
| Net liabilities |
|
|
|
(8,511) |
|
|
(3,215) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
(9,511) |
|
|
(4,215) |
|
| Shareholders' funds |
|
|
|
(8,511) |
|
|
(3,215) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her 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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Ms Rashida Mustafa |
| Director |
| Approved by the board on 3 June 2016 |
|
| ABC English Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 May 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the invoiced value, net of trade discounts, in respect of provision of customised E-learning software provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
15% reducing balance |
|
|
|
Stock and work-in-progress |
|
Stock and work-in-progress is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2015 |
11,427 |
|
At 31 May 2016 |
11,427 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2015 |
3,169 |
|
Charge for the year |
339 |
|
At 31 May 2016 |
3,508 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2016 |
7,919 |
|
At 31 May 2015 |
8,258 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|