COLIN_ALDRIDGE_DRUM_TUITI

COLIN ALDRIDGE DRUM TUITION LTD

CONTENTS

Page

Abbreviated balance sheet

1

Notes to the abbreviated accounts

2 - 3

COLIN ALDRIDGE DRUM TUITION LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

£

Fixed assets

Tangible assets

2

826

1,033

Current assets

Debtors

700

2,828

Cash at bank and in hand

9,085

9,553

9,785

12,381

Creditors: amounts falling due within one year

(6,946)

(8,061)

Net current assets

2,839

4,320

Total assets less current liabilities

3,665

5,353

Provisions for liabilities

(165)

(465)

3,500

4,888

Capital and reserves

Called up share capital

3

100

Profit and loss account

3,400

4,788

Shareholders' funds

3,500

4,888

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

-

The members have 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 and authorised for issue on 5 October 2015

Mr C Aldridge

Director

Company Registration No. 04557345

COLIN ALDRIDGE DRUM TUITION LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

1

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

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

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

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

20% reducing balance

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2

Fixed assets

Intangible assets

Tangible assets

Total

£

Cost

At 1 April 2014 & at 31 March 2015

7,500

4,880

12,380

Depreciation

At 1 April 2014

7,500

3,847

11,347

Charge for the year

-

207

At 31 March 2015

7,500

4,054

11,554

Net book value

At 31 March 2015

-

826

At 31 March 2014

-

1,033

COLIN ALDRIDGE DRUM TUITION LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

3

Share capital

2015

2014

£

Allotted, called up and fully paid

100 Ordinary of £1 each

100