Abbreviated Company Accounts - SHARON KINDERGARTEN

SHARON KINDERGARTEN - Company Information

Registered Number 08507091

SHARON KINDERGARTEN

Abbreviated Accounts

31 August 2015

SHARON KINDERGARTEN Registered Number 08507091

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	2,563	3,417
		2,563	3,417
Current assets
Cash at bank and in hand		25,177	53,426
		25,177	53,426
Creditors: amounts falling due within one year		(6,220)	(5,655)
Net current assets (liabilities)		18,957	47,771
Total assets less current liabilities		21,520	51,188
Total net assets (liabilities)		21,520	51,188
Reserves
Revaluation reserve		46,751	46,751
Income and expenditure account		(25,231)	4,437
Members' funds		21,520	51,188

For the year ending 31 August 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 25 February 2016

And signed on their behalf by:
D Elek, Director

SHARON KINDERGARTEN Registered Number 08507091

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

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 invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment - 20% straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

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

3Tangible fixed assets

	£
Cost
At 1 September 2014	4,271
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	4,271
Depreciation
At 1 September 2014	854
Charge for the year	854
On disposals	-
At 31 August 2015	1,708
Net book values
At 31 August 2015	2,563
At 31 August 2014	3,417