Abbreviated Company Accounts - LEEDS APPRENTICESHIP TRAINING AGENCY LIMITED

LEEDS APPRENTICESHIP TRAINING AGENCY LIMITED - Company Information

Registered Number 08310738

LEEDS APPRENTICESHIP TRAINING AGENCY LIMITED

Abbreviated Accounts

31 July 2015

LEEDS APPRENTICESHIP TRAINING AGENCY LIMITED Registered Number 08310738

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets		-	-
Tangible assets	3	1,567	2,820
Investments		-	-
		1,567	2,820
Current assets
Stocks		-	-
Debtors		215,029	84,816
Investments		-	-
Cash at bank and in hand		3,150	5,930
		218,179	90,746
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(44,525)	(34,180)
Net current assets (liabilities)		173,654	56,566
Total assets less current liabilities		175,221	59,386
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		(50,550)	(35,621)
Total net assets (liabilities)		124,671	23,765
Reserves
Revaluation reserve		0	0
Other reserves		23,765	2,880
Income and expenditure account		100,906	20,885
Members' funds		124,671	23,765

For the year ending 31 July 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 19 February 2016

And signed on their behalf by:
Sue Wynne, Director

LEEDS APPRENTICESHIP TRAINING AGENCY LIMITED Registered Number 08310738

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared on a going concern basis under the historical cost convention in accordance with the Companies Act 2006 and applicable accounting standards in the United Kingdom.

Turnover policy
Revenue is measured at the fair value of the consideration received or receivable. Revenue is recognised during the period that the services are provided.

Tangible assets depreciation policy
Fixtures and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight line method. The useful economic life of fixed assets will be reviewed annually.

Other accounting policies
Government Grants
Government grants are not recognised until there is reasonable assurance that the Company will comply with the conditions of the grant and that all grants will be received.
Government grants are recognised in the profit and loss on a systematic basis over the period in which the company recognises expenditure that the grant is intended to compensate. The balance is recognised in deferred income on the balance sheet and transferred to profit and loss as the expenses the grant relates to are recognised.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 August 2014	5,013
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	5,013
Depreciation
At 1 August 2014	2,193
Charge for the year	1,253
On disposals	-
At 31 July 2015	3,446
Net book values
At 31 July 2015	1,567
At 31 July 2014	2,820