Micro-entity Accounts - ACADEMY OF HYPNOTIC ARTS LIMITED

05170672 ACADEMY OF HYPNOTIC ARTS LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 05170672 2015-08-01 2016-07-31 05170672 2016-07-31 05170672 2015-07-31 05170672 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 05170672 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 05170672 uk-gaap-cd-bus:AllEntityOfficers 2015-08-01 2016-07-31 iso4217:GBP shares

Registered Number 05170672

ACADEMY OF HYPNOTIC ARTS LIMITED

Micro-entity Accounts

31 July 2016

ACADEMY OF HYPNOTIC ARTS LIMITED Registered Number 05170672

Micro-entity Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	1	1,909	2,246
		1,909	2,246
Current assets
Stocks		3,000	3,000
Debtors		2,222	2,222
Cash at bank and in hand		2,281	14,808
		7,503	20,030
Creditors: amounts falling due within one year		(14,099)	(21,946)
Net current assets (liabilities)		(6,596)	(1,916)
Total assets less current liabilities		(4,687)	330
Total net assets (liabilities)		(4,687)	330
Capital and reserves
Called up share capital		8,000	8,000
Profit and loss account		(12,687)	(7,670)
Shareholders' funds		(4,687)	330

For the year ending 31 July 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 April 2017

And signed on their behalf by:
J Bregazzi, Director

ACADEMY OF HYPNOTIC ARTS LIMITED Registered Number 05170672

Notes to the Micro-entity Accounts for the period ended 31 July 2016

1Tangible fixed assets

	£
Cost
At 1 August 2015	26,107
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	26,107
Depreciation
At 1 August 2015	23,861
Charge for the year	337
On disposals	-
At 31 July 2016	24,198
Net book values
At 31 July 2016	1,909
At 31 July 2015	2,246

2Accounting Policies

Basis of measurement and preparation of accounts
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.