REGISTERED NUMBER: 06609851 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Abel Learning Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M W Jones

Mrs H C Jones

SECRETARY:

M W Jones

REGISTERED OFFICE:

Peartree Business Centre Cobham Road

Ferndown Industrial Estate

Wimborne

Dorset

BH21 7PT

REGISTERED NUMBER:

06609851 (England and Wales)

FIXED ASSETS

Tangible assets

2

2,496

5,618

CURRENT ASSETS

Debtors

5,495

8,932

Cash at bank

7,275

16,896

12,770

25,828

CREDITORS

Amounts falling due within one year

17,710

20,740

NET CURRENT (LIABILITIES)/ASSETS

(4,940

)

5,088

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,444

)

10,706

CREDITORS

Amounts falling due after more than one year

(2,759

)

(7,203

)

PROVISIONS FOR LIABILITIES

-

(1,124

)

NET (LIABILITIES)/ASSETS

(5,203

)

2,379

CAPITAL AND RESERVES

Called up share capital

3

400

400

Profit and loss account

(5,603

)

1,979

SHAREHOLDERS' FUNDS

(5,203

)

2,379

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 13 November 2016 and were signed on its behalf by:

S W Jones - Director

M W Jones - Director

Mrs J D Jones - Director

Mrs H C Jones - 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 January 2015).

These accounts have been prepared on the going concern basis of accounting, on the understanding that the

directors and shareholders will continue to financially support the company for the foreseeable future.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to pay

more tax, or a right to pay less tax at a future date at rates expected to apply when they crystallise based on

current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in

taxation computations in periods different from those in which they are included in the financial statements.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not they will be recovered.

Deferred tax assets and liabilities are not discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

17,839

Additions

1,308

Disposals

(5,459

)

At 31 July 2016

13,688

DEPRECIATION

At 1 August 2015

12,221

Charge for year

2,570

Eliminated on disposal

(3,599

)

At 31 July 2016

11,192

NET BOOK VALUE

At 31 July 2016

2,496

At 31 July 2015

5,618

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

400

Ordinary

£1

400

400