Abbreviated Company Accounts - KAR TRAINING SOLUTIONS LIMITED

KAR TRAINING SOLUTIONS LIMITED - Company Information

Registered Number 08853605

KAR TRAINING SOLUTIONS LIMITED

Abbreviated Accounts

31 December 2014

KAR TRAINING SOLUTIONS LIMITED Registered Number 08853605

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	757
		757
Current assets
Debtors		8,076
Cash at bank and in hand		30,417
		38,493
Creditors: amounts falling due within one year		(27,253)
Net current assets (liabilities)		11,240
Total assets less current liabilities		11,997
Total net assets (liabilities)		11,997
Capital and reserves
Called up share capital		100
Profit and loss account		11,897
Shareholders' funds		11,997

For the year ending 31 December 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 April 2015

And signed on their behalf by:
Y Sachdev, Director

KAR TRAINING SOLUTIONS LIMITED Registered Number 08853605

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover comprises the value of services provided excluding value added tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less estimated residual value, over their expected useful lives on the following bases:
Computer equipment: 25% per annum straight line basis

2Tangible fixed assets

	£
Cost
Additions	1,008
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	1,008
Depreciation
Charge for the year	251
On disposals	-
At 31 December 2014	251
Net book values
At 31 December 2014	757