REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2012 |
FOR |
ABOVE BAR COLLEGE LTD |
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2012 |
FOR |
ABOVE BAR COLLEGE LTD |
ABOVE BAR COLLEGE LTD (REGISTERED NUMBER: 05959921) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2012 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
ABOVE BAR COLLEGE LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JULY 2012 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
ABOVE BAR COLLEGE LTD (REGISTERED NUMBER: 05959921) |
ABBREVIATED BALANCE SHEET |
31 JULY 2012 |
31.7.12 | 31.7.11 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT |
LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
ABOVE BAR COLLEGE LTD (REGISTERED NUMBER: 05959921) |
ABBREVIATED BALANCE SHEET - continued |
31 JULY 2012 |
The financial statements were approved by the Board of Directors on signed on its behalf by: |
ABOVE BAR COLLEGE LTD (REGISTERED NUMBER: 05959921) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2012 |
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 goods, excluding value added tax. |
Goodwill |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not |
reversed at the balance sheet date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight |
line basis over the period of the lease. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the |
company's pension scheme are charged to the profit and loss account in the period to which |
they relate. |
Government Grants |
Government Grants are recognised at fair value when there is reasonable assurance that the |
company will comply with the conditions attaching to them and the grants will be received. |
Grants related to the purchase of assets are deducted from the asset's carrying amount while |
grants relating to income are deducted from the related expense. |
ABOVE BAR COLLEGE LTD (REGISTERED NUMBER: 05959921) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 JULY 2012 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 August 2011 |
and 31 July 2012 |
AMORTISATION |
At 1 August 2011 |
and 31 July 2012 |
NET BOOK VALUE |
At 31 July 2012 |
At 31 July 2011 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 August 2011 |
and 31 July 2012 |
DEPRECIATION |
At 1 August 2011 |
Charge for year |
At 31 July 2012 |
NET BOOK VALUE |
At 31 July 2012 |
At 31 July 2011 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.7.12 | 31.7.11 |
value: | £ | £ |
Ordinary | £1 |
5. | TRANSACTIONS WITH DIRECTORS |
At the Balance sheet date, the company owed the directors £413.(2011 £413) |