Company Registration No. 06891608 (England and Wales)
ACTIVE SCHOOLS LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2014
ACTIVE SCHOOLS LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ACTIVE SCHOOLS LTD
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2014
30 April 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,300
1,386
Current assets
Debtors
(1)
Cash at bank and in hand
1,012
2,681
1,011
2,681
Creditors: amounts falling due within one year
(4,686)
(4,843)
Net current liabilities
(3,675)
(2,162)
Total assets less current liabilities
(2,375)
(776)
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
(2,475)
(876)
Shareholders' funds
(2,375)
(776)
For the financial year ended 30 April 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 30 January 2015
Mr Istvan Kaplan
Director
Company Registration No. 06891608
ACTIVE SCHOOLS LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
15% on cost
2
Fixed assets
Tangible assets
£
Cost
At 1 May 2013
1,387
Additions
(87)
At 30 April 2014
1,300
At 30 April 2013
1,386
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 Ordinary Shares of £1 each
100
100