Registered Number 03205068

ACADEME COMPUTING LIMITED

Abbreviated Accounts

31 May 2016

ACADEME COMPUTING LIMITED Registered Number 03205068

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 - 59
- 59
Current assets
Debtors 207 1,490
Cash at bank and in hand - 2,702
207 4,192
Creditors: amounts falling due within one year (6,235) (5,892)
Net current assets (liabilities) (6,028) (1,700)
Total assets less current liabilities (6,028) (1,641)
Total net assets (liabilities) (6,028) (1,641)
Capital and reserves
Called up share capital 100 100
Profit and loss account (6,128) (1,741)
Shareholders' funds (6,028) (1,641)
  • For the year ending 31 May 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 Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 February 2017

And signed on their behalf by:
Mr J Judge, Director

ACADEME COMPUTING LIMITED Registered Number 03205068

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
All sales are attributable to the company’s principal activities conducted within the European Community.

Tangible assets depreciation policy
Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided on tangible fixed assets, so as to write off their cost on a straight line basis over their estimated useful lives as follows:

Motor Vehicles 25% on cost
Office Equipment 33% on cost
Plant & Machinery 33% on cost

2Tangible fixed assets
£
Cost
At 1 June 2015 20,821
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 20,821
Depreciation
At 1 June 2015 20,762
Charge for the year 59
On disposals -
At 31 May 2016 20,821
Net book values
At 31 May 2016 0
At 31 May 2015 59