Academy Environmental Services Limited
|
Registered number: |
07074184
|
Abbreviated Balance Sheet |
as at 31 October 2016
|
|
Notes |
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|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
30,000 |
|
|
30,000 |
Tangible assets |
3 |
|
|
252 |
|
|
61 |
|
|
|
|
30,252 |
|
|
30,061 |
|
Current assets |
Stocks |
|
|
100 |
|
|
100 |
Debtors |
|
|
6,369 |
|
|
7,973 |
Cash at bank and in hand |
|
|
(833) |
|
|
1,540 |
|
|
|
5,636 |
|
|
9,613 |
|
Creditors: amounts falling due within one year |
|
|
(35,796) |
|
|
(37,662) |
|
Net current liabilities |
|
|
|
(30,160) |
|
|
(28,049) |
|
Total assets less current liabilities |
|
|
|
92 |
|
|
2,012 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
20 |
|
|
20 |
Profit and loss account |
|
|
|
72 |
|
|
1,992 |
|
Shareholders' funds |
|
|
|
92 |
|
|
2,012 |
|
|
|
|
|
|
|
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The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
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Members have not required the company to obtain an audit in accordance with section 476 of the Act.
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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.
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The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
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|
|
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|
Mr D Norman |
Director |
Approved by the board on 28 December 2016
|
|
Academy Environmental Services Limited
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Notes to the Abbreviated Accounts |
for the year ended 31 October 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
|
|
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Turnover |
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Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance
|
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2015 |
30,000 |
|
At 31 October 2016 |
30,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 31 October 2016 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2016 |
30,000 |
|
At 31 October 2015 |
30,000 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2015 |
349 |
|
Additions |
275 |
|
At 31 October 2016 |
624 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2015 |
288 |
|
Charge for the year |
84 |
|
At 31 October 2016 |
372 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2016 |
252 |
|
At 31 October 2015 |
61 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
20 |
|
20 |
|
20 |
|
|
|
|
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