Registered number
04524979
Act Now Training Limited
Abbreviated Accounts
31 December 2013
Act Now Training Limited
Registered number: 04524979
Abbreviated Balance Sheet
as at 31 December 2013
Notes 2013 2012
£ £
Fixed assets
Intangible assets 2 18,000 20,000
Tangible assets 3 6,327 5,809
24,327 25,809
Current assets
Debtors 81,228 32,750
Cash at bank and in hand 43,019 83,074
124,247 115,824
Creditors: amounts falling due within one year (101,784) (100,956)
Net current assets 22,463 14,868
Net assets 46,790 40,677
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 46,690 40,577
Shareholders' funds 46,790 40,677
The directors are 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 directors acknowledge their 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.
P Simpkins
Director
Approved by the board on 20 January 2014
Act Now Training Limited
Notes to the Abbreviated Accounts
for the year ended 31 December 2013
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 April 2008).
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services 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 20% reducing balance
2 Intangible fixed assets £
Cost
At 1 January 2013 40,000
At 31 December 2013 40,000
Amortisation
At 1 January 2013 20,000
Provided during the year 2,000
At 31 December 2013 22,000
Net book value
At 31 December 2013 18,000
At 31 December 2012 20,000
3 Tangible fixed assets £
Cost
At 1 January 2013 17,668
Additions 2,100
At 31 December 2013 19,768
Depreciation
At 1 January 2013 11,859
Charge for the year 1,582
At 31 December 2013 13,441
Net book value
At 31 December 2013 6,327
At 31 December 2012 5,809
4 Share capital Nominal 2013 2013 2012
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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