Registered Number 01614426

ACADEMY MANAGEMENT COMPANY LIMITED

Abbreviated Accounts

25 December 2016

ACADEMY MANAGEMENT COMPANY LIMITED Registered Number 01614426

Abbreviated Balance Sheet as at 25 December 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,200 1,200
1,200 1,200
Current assets
Debtors 581 461
Cash at bank and in hand 98 98
679 559
Creditors: amounts falling due within one year (1) (1)
Net current assets (liabilities) 678 558
Total assets less current liabilities 1,878 1,758
Total net assets (liabilities) 1,878 1,758
Capital and reserves
Called up share capital 3 12 12
Revaluation reserve 1,200 1,200
Profit and loss account 666 546
Shareholders' funds 1,878 1,758
  • For the year ending 25 December 2016 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 19 June 2017

And signed on their behalf by:
D Freeman, Director

ACADEMY MANAGEMENT COMPANY LIMITED Registered Number 01614426

Notes to the Abbreviated Accounts for the period ended 25 December 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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).

2Tangible fixed assets
£
Cost
At 26 December 2015 1,200
Additions -
Disposals -
Revaluations -
Transfers -
At 25 December 2016 1,200
Depreciation
At 26 December 2015 -
Charge for the year -
On disposals -
At 25 December 2016 -
Net book values
At 25 December 2016 1,200
At 25 December 2015 1,200
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
12 Ordinary shares of £1 each 12 12