Accounts filed on 31-03-2015

Accounts filed on 31-03-2015

ASSESSMENT SERVICES LIMITED - Company Information

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2014-04-012015-03-3102777374falsetruehttp://www.companieshouse.gov.uk/cd:Director12014-04-012015-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-03-31http://www.companieshouse.gov.uk/pt:OtherIntangibleFixedAssets2014-03-31http://www.companieshouse.gov.uk/pt:OtherIntangibleFixedAssets2015-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-04-012015-03-31http://www.companieshouse.gov.uk/pt:OtherIntangibleFixedAssets2014-04-012015-03-31http://www.companieshouse.gov.uk/2014-04-012015-03-31http://www.companieshouse.gov.uk/2014-03-31http://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-04-012015-03-31http://www.companieshouse.gov.uk/2014-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02777374
Assessment Services Ltd (formerly EMQC Ltd)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/03/2015
Prepared By:
Abacus A.S. Ltd
Auchtermuchty
Marsh Lane
Laughterton
Lincoln
LN1 2JX

Assessment Services Ltd (formerly EMQC Ltd)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/03/2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 02777374

Assessment Services Ltd (formerly EMQC Ltd)
Registered Number: 02777374
BALANCE SHEET AT 31/03/2015
20152014
Notes££
FIXED ASSETS
Intangible assets2-9,000
Tangible assets316,44922,045
16,44931,045
CURRENT ASSETS
Debtors (amounts falling due within one year)4265,741426,840
Cash at bank and in hand1,149,021401,805
1,414,762828,645
CREDITORS: Amounts falling due within one year917,674561,834
NET CURRENT ASSETS497,088266,811
TOTAL ASSETS LESS CURRENT LIABILITIES513,537297,856
CAPITAL AND RESERVES
Profit and loss account513,537297,856
SHAREHOLDERS' FUNDS513,537297,856
For the year ending 31/03/2015 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 30/11/2015 and signed on their behalf by
I P Greenaway
Director

Assessment Services Ltd (formerly EMQC Ltd)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 33.3%
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1e. Leasing Commitments
Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the term of the lease.
Incentives received to enter into a lease agreement are recognised in the profit and loss account over the shorter of the lease term and the period to the next lease review.

Assessment Services Ltd (formerly EMQC Ltd)
2. INTANGIBLE FIXED ASSETS
PatentsTotal
££
Cost
At 01/04/201415,00015,000
At 31/03/201515,00015,000
Depreciation
At 01/04/20146,0006,000
For the year9,0009,000
At 31/03/201515,00015,000
Net Book Amounts
At 31/03/2015--
At 31/03/20149,0009,000
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/201458,66558,665
Additions4,1414,141
At 31/03/201562,80662,806
Depreciation
At 01/04/201436,62036,620
For the year9,7379,737
At 31/03/201546,35746,357
Net Book Amounts
At 31/03/201516,44916,449
At 31/03/201422,04522,045
4. DEBTORS 20152014
££
Amounts falling due within one year:
Trade debtors188,665361,948
Other debtors77,07664,892
265,741426,840

Assessment Services Ltd (formerly EMQC Ltd)
5. RELATED PARTY TRANSACTIONS
Bridle International Limited (a company in which Paul Bridle (director) is a director). During the year the company paid directors fees of £45,000 [2014 - £16,000), assessment costs of £45,979 [2014 - £16,388] and other services provided of £21,116 [2014 - £nil]. At the balance sheet date the amount due to Bridle International Limited was £8,628 [2014 - £9,340]
QED Relations Limited (a company in which R G Horsley (director) is a director). During the year the company paid directors fees of £nil [2014 - £3,333), marketing costs of £32,000 [2014 - £2,400]. At the balance sheet date the amount due to QED Relations Limited was £38,400 [2014 - £nil]
MTM Products (ISPP) Limited (a company in which I P Greenaway (director) is a director). During the year the company paid directors fees of £nil [2014 - £3,333). At the balance sheet date the amount due to MTM Products (ISPP) Limited was £nil [2014 - £1,500]