Educonnect Limited - Limited company - abbreviated - 11.9
Educonnect Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Educonnect Limited |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31 July 2015 |
| Educonnect Limited (Registered number: 04534023) |
| Contents of the Abbreviated Accounts |
| for the year ended 31 July 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 6 |
| Educonnect Limited |
| Company Information |
| for the year ended 31 July 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Educonnect Limited (Registered number: 04534023) |
| Abbreviated Balance Sheet |
| 31 July 2015 |
| 31.7.15 | 31.7.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| Educonnect Limited (Registered number: 04534023) |
| Abbreviated Balance Sheet - continued |
| 31 July 2015 |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors on |
| Educonnect Limited (Registered number: 04534023) |
| Notes to the Abbreviated Accounts |
| for the year ended 31 July 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements 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 net invoiced sales of goods and services, excluding value added tax. |
| Tangible fixed assets |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance |
| sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date |
| of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| Educonnect Limited (Registered number: 04534023) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 July 2015 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2014 |
| Additions |
| At 31 July 2015 |
| DEPRECIATION |
| At 1 August 2014 |
| Charge for year |
| At 31 July 2015 |
| NET BOOK VALUE |
| At 31 July 2015 |
| At 31 July 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| Additions | 87,500 |
| At 31 July 2015 | 87,500 |
| NET BOOK VALUE |
| At 31 July 2015 |
| Educonnect Limited (Registered number: 04534023) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 July 2015 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Associated company |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 35.00 |
| 30.6.14 | 30.6.13 |
| £ | £ |
| Aggregate capital and reserves | (1,426 | ) | (1,211 | ) |
| Loss for the year | (215 | ) | (387 | ) |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.7.15 | 31.7.14 |
| value: | £ | £ |
| Ordinary | £1 |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 202 | 202 |