Company Registration No. 08607591 (England and Wales)
NORTH WEST SKILLS ACADEMY LIMITED
Unaudited accounts
for the year ended 31 July 2019
NORTH WEST SKILLS ACADEMY LIMITED
Unaudited accounts
Contents
NORTH WEST SKILLS ACADEMY LIMITED
Company Information
for the year ended 31 July 2019
Company Number
08607591 (England and Wales)
Registered Office
Unit 33 Momentum Place
Bamber Bridge
Preston
PR5 6EF
NORTH WEST SKILLS ACADEMY LIMITED
Statement of financial position
as at
31 July 2019
Intangible assets
8,000
12,000
Tangible assets
109,468
71,670
Debtors
1,069,436
591,660
Cash at bank and in hand
365,578
782,943
Creditors: amounts falling due within one year
(617,918)
(555,989)
Net current assets
817,096
818,614
Total assets less current liabilities
934,564
902,284
Provisions for liabilities
Deferred tax
(3,561)
(3,561)
Net assets
931,003
898,723
Called up share capital
140
140
Capital redemption reserve
60
60
Profit and loss account
930,803
898,523
Shareholders' funds
931,003
898,723
For the year ending 31 July 2019 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 14 February 2019.
Samuel Riley
Director
Company Registration No. 08607591
NORTH WEST SKILLS ACADEMY LIMITED
Notes to the Accounts
for the year ended 31 July 2019
NORTH WEST SKILLS ACADEMY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08607591. The registered office is Unit 33 Momentum Place, Bamber Bridge, Preston, PR5 6EF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% reducing balance
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the year
4,000
NORTH WEST SKILLS ACADEMY LIMITED
Notes to the Accounts
for the year ended 31 July 2019
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 August 2018
25,504
13,770
20,600
26,706
38,356
124,936
Additions
41,032
2,350
32,907
10,384
5,370
92,043
At 31 July 2019
66,536
16,120
53,507
37,090
43,726
216,979
At 1 August 2018
6,376
6,316
14,659
7,411
18,504
53,266
Charge for the year
24,067
4,030
-
9,271
16,877
54,245
At 31 July 2019
30,443
10,346
14,659
16,682
35,381
107,511
At 31 July 2019
36,093
5,774
38,848
20,408
8,345
109,468
At 31 July 2018
19,128
7,454
5,941
19,295
19,852
71,670
Amounts due from group undertakings etc.
262,200
259,983
Accrued income and prepayments
697,463
328,316
Other debtors
33,186
3,361
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Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
178,993
-
Trade creditors
81,606
37,470
Taxes and social security
342,468
407,788
Loans from directors
(32,093)
(156,098)
Deferred income
-
250,828
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Unsecured loan
157,504
194,590
350,000
2,094
157,504
194,590
350,000
2,094
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Average number of employees
During the year the average number of employees was 17 (2018: 19).