REGISTERED NUMBER: 04775028

Abbreviated Unaudited Accounts for the Year Ended 31 May 2015

for

Academy of Driving Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Boaler

REGISTERED OFFICE:

1 Alverton Close

Mickleover

Derby

DE3 0TJ

REGISTERED NUMBER:

04775028

ACCOUNTANTS:

Richardson Nutt Limited

7 Stadium Business Court

Millennium Way

Pride Park

Derby

DE24 8HP

FIXED ASSETS

Intangible assets

2

-

6,750

Tangible assets

3

2,834

2,881

2,834

9,631

CURRENT ASSETS

Debtors

25

25

Cash at bank and in hand

688

2,734

713

2,759

CREDITORS

Amounts falling due within one year

4,134

12,307

NET CURRENT LIABILITIES

(3,421

)

(9,548

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(587

)

83

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

(589

)

81

SHAREHOLDERS' FUNDS

(587

)

83

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 13 August 2015 and were signed by:

M Boaler - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill has been fully written off on cessation of trading

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

15,000

AMORTISATION

At 1 June 2014

8,250

Amortisation for year

6,750

At 31 May 2015

15,000

NET BOOK VALUE

At 31 May 2015

-

At 31 May 2014

6,750

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

6,850

Additions

999

At 31 May 2015

7,849

DEPRECIATION

At 1 June 2014

3,969

Charge for year

1,046

At 31 May 2015

5,015

NET BOOK VALUE

At 31 May 2015

2,834

At 31 May 2014

2,881

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

2

Ordinary

£1

2

2