Academy Divers Limited
|
Registered number: |
06843339
|
Abbreviated Balance Sheet |
as at 30 September 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
1,302 |
|
|
1,927 |
Tangible assets |
3 |
|
|
8,417 |
|
|
8,331 |
|
|
|
|
9,719 |
|
|
10,258 |
|
Current assets |
Stocks |
|
|
2,000 |
|
|
2,000 |
Debtors |
|
|
349 |
|
|
218 |
Cash at bank and in hand |
|
|
10,890 |
|
|
5,166 |
|
|
|
13,239 |
|
|
7,384 |
|
Creditors: amounts falling due within one year |
|
|
(52,554) |
|
|
(47,871) |
|
Net current liabilities |
|
|
|
(39,315) |
|
|
(40,487) |
|
Net liabilities |
|
|
|
(29,596) |
|
|
(30,229) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
(29,696) |
|
|
(30,329) |
|
Shareholders' funds |
|
|
|
(29,596) |
|
|
(30,229) |
|
|
|
|
|
|
|
|
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.
|
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
L Rothery |
Director |
Approved by the board on 9 June 2016
|
|
Academy Divers Limited
|
Notes to the Abbreviated Accounts |
for the year ended 30 September 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
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 |
15% reducing balance
|
|
Motor vehicles |
25% straight line
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2014 |
5,000 |
|
At 30 September 2015 |
5,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 October 2014 |
3,073 |
|
Provided during the year |
625 |
|
At 30 September 2015 |
3,698 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2015 |
1,302 |
|
At 30 September 2014 |
1,927 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2014 |
22,736 |
|
Additions |
1,572 |
|
At 30 September 2015 |
24,308 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2014 |
14,405 |
|
Charge for the year |
1,486 |
|
At 30 September 2015 |
15,891 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2015 |
8,417 |
|
At 30 September 2014 |
8,331 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|